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Global Sex Reassignment Surgery Market: By Gender Transition: Male to Female, Female to Male; By End Use: Hospitals, Clinics, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sex Reassignment Surgery Market Outlook
The global sex reassignment surgery market is expected to grow at a CAGR of 23% in the forecast period of 2022-2027.
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Increasing Demand for Female to Male Transition Surgery to Augment the Sex Reassignment Surgery Industry Growth
Based on gender transition, the female to male segment accounts for a significant share in the sex reassignment surgery industry. This can be attributed to the rise in the health insurance policies for sex reassignment procedures. The growing technological advancements and rise in awareness about these surgeries have been a huge boost to the market. Further, the mental health support provided to transgenders is expected to boost the demand for sex reassignment surgery in hospitals and clinics.
Europe to Provide Enhanced Growth Opportunities to the Sex Reassignment Surgery Industry
Europe is expected to witness a robust growth over the forecast period owing to the legal acceptance of gender change surgeries in the region. Furthermore, Germany and the United Kingdom are expected to significantly contribute to the industry growth due to the rise in the LGBT movement in the forecast period.
Sex Reassignment Surgery: Market Segmentation
Sex reassignment surgery (SRS) is a medical procedure (or procedures) through which physical appearance and function of the existing sexual characteristics of a transgender person are modified to match those associated socially with their identified gender. This surgical procedure is also referred to as gender reassignment surgery (GRS). The establishment of international clinical protocols, namely, Standards of Care by professional medical organisations, are aiding individuals as they apply for and receive reassignment surgery, including a psychological evaluation.
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By gender transition, the market is divided into:
- Male to Female
- Female to Male
While the male to female segment is divided based on segment into facial, breast, and genital, the female to male segment is subdivided into facial, chest, and genital.
The market is divided based on end use into:
- Hospital
- Clinics
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Public Awareness About Transgender Surgeries to Bolster the Growth of the Sex Reassignment Surgery Industry
With more and more people getting educated about the benefits and ease of surgeries all across the globe, the demand for sex reassignment surgeries is at an all-time high. The favourable reimbursement policies by the government have also significantly contributed to the growth of the industry. The Affordable Care Act, previously known as Obamacare, provided millions of Americans with new access to insurance status and coverage, including lesbian, gay, bisexual, and transgender (LGBT) individuals. Further, the increase in transgender population globally has impacted the industry in a positive way. This has led to a drastic growth in the global market for sex reassignment surgery. The downside of these surgeries is the high cost of procedures combined with the regret of sex change. Thus, this is hindering the growth of the sex reassignment surgery industry.
Over the forecast period, the rise in technological advancements and the growing awareness about transgenders is expected to favour the industry growth. The worldwide increase in the number of people opting sex-change surgeries is expected to be a major trend in the coming years.
Key Industry Players in the Global Sex Reassignment Surgery Market
The report gives a detailed analysis of the following key players in the global sex reassignment surgery market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Boston Medical Center
- Chettawut Plastic Surgery Center.
- Rumer Cosmetic Surgery
- Plastic Surgery Group of Rochester
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Gender Transition, End Use, Region |
| Breakup by Gender Transition | Male to Female, Female to Male |
| Breakup by End Use | Hospitals, Clinics, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Boston Medical Center, Chettawut Plastic Surgery Center., Rumer Cosmetic Surgery, Plastic Surgery Group of Rochester, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sex Reassignment Surgery Market Analysis
8.1 Key Industry Highlights
8.2 Global Sex Reassignment Surgery Historical Market (2017-2021)
8.3 Global Sex Reassignment Surgery Market Forecast (2022-2027)
8.4 Global Sex Reassignment Surgery Market by Gender Transition
8.4.1 Male to Female
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 By Segment
8.4.1.4.1 Facial
8.4.1.4.1.1 Market Share
8.4.1.4.1.2 Historical Trend (2017-2021)
8.4.1.4.1.3 Forecast Trend (2022-2027)
8.4.1.4.2 Breast
8.4.1.4.2.1 Market Share
8.4.1.4.2.2 Historical Trend (2017-2021)
8.4.1.4.2.3 Forecast Trend (2022-2027)
8.4.1.4.3 Genital
8.4.1.4.3.1 Market Share
8.4.1.4.3.2 Historical Trend (2017-2021)
8.4.1.4.3.3 Forecast Trend (2022-2027)
8.4.2 Female to Male
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.4 By Segment
8.4.2.4.1 Facial
8.4.2.4.1.1 Market Share
8.4.2.4.1.2 Historical Trend (2017-2021)
8.4.2.4.1.3 Forecast Trend (2022-2027)
8.4.2.4.2 Chest
8.4.2.4.2.1 Market Share
8.4.2.4.2.2 Historical Trend (2017-2021)
8.4.2.4.2.3 Forecast Trend (2022-2027)
8.4.2.4.3 Genital
8.4.2.4.3.1 Market Share
8.4.2.4.3.2 Historical Trend (2017-2021)
8.4.2.4.3.3 Forecast Trend (2022-2027)
8.5 Global Sex Reassignment Surgery Market by End Use
8.5.1 Hospitals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Clinics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 Global Sex Reassignment Surgery Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Boston Medical Center
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Chettawut Plastic Surgery Center.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Rumer Cosmetic Surgery
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Plastic Surgery Group of Rochester
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Sex Reassignment Surgery Market: Key Industry Highlights, 2016 and 2026
2. Global Sex Reassignment Surgery Historical Market: Breakup by Gender Transition (USD Million), 2017-2021
3. Global Sex Reassignment Surgery Market Forecast: Breakup by Gender Transition (USD Million), 2022-2027
4. Global Sex Reassignment Surgery Historical Market: Breakup by End Use (USD Million), 2017-2021
5. Global Sex Reassignment Surgery Market Forecast: Breakup by End Use (USD Million), 2022-2027
6. Global Sex Reassignment Surgery Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Sex Reassignment Surgery Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Sex Reassignment Surgery Market Structure
Key Questions Answered in the Report
The global sex reassignment surgery market is projected to grow at a CAGR of 23% between 2021 and 2026.
The major drivers of the market include the increasing demand for female to male transition surgery, technological advancements, favourable governmental policies, and increasing acceptance and visibility of the transgender community.
The increasing public awareness about transgender surgeries is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading gender transition segments in the market are male to female and female to male.
The significant end use sectors in the industry are hospitals and clinics, among others.
The major players in the industry are Boston Medical Center, Chettawut Plastic Surgery Center, Rumer Cosmetic Surgery, and Plastic Surgery Group of Rochester, among others.
Analyst Review
Aided by the increasing public awareness about transgender surgeries, the global sex reassignment surgery market is expected to witness a robust growth in the forecast period of 2022-2027, growing at a CAGR of 23%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on gender transition, the sex reassignment surgery industry can be segmented into male to female and female to male. On the basis of end use, the sex reassignment surgery market is divided into hospital, clinics, and others. The major regional markets for sex reassignment surgery are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Boston Medical Center, Chettawut Plastic Surgery Center, Rumer Cosmetic Surgery, Plastic Surgery Group of Rochester, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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