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Sex Reassignment Surgery Market

Global Sex Reassignment Surgery Market Size, Share, Growth: By Gender Transition: Male to Female, Female to Male; By End Use: Hospitals, Clinics, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

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 2024-2032.

 

Global Sex Reassignment Surgery Market

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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.

 

Global Sex Reassignment Surgery Market By End Use

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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.

 

Global Sex Reassignment Surgery Market by Region

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Sex Reassignment Surgery Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Sex Reassignment Surgery Historical Market (2018-2023) 
    8.3    Global Sex Reassignment Surgery Market Forecast (2024-2032)
    8.4    Global Sex Reassignment Surgery Market by Gender Transition
        8.4.1    Male to Female
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    By Segment
                8.4.1.3.1    Facial
                    8.4.1.3.1.1    Historical Trend (2018-2023)
                    8.4.1.3.1.2    Forecast Trend (2024-2032)
                8.4.1.3.2    Breast
                    8.4.1.3.2.1    Historical Trend (2018-2023)
                    8.4.1.3.2.2    Forecast Trend (2024-2032)
                8.4.1.3.3    Genital
                    8.4.1.3.3.1    Historical Trend (2018-2023)
                    8.4.1.3.3.2    Forecast Trend (2024-2032)
        8.4.2    Female to Male
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    By Segment
                8.4.2.3.1    Facial
                    8.4.2.3.1.1    Historical Trend (2018-2023)
                    8.4.2.3.1.2    Forecast Trend (2024-2032)
                8.4.2.3.2    Chest
                    8.4.2.3.2.1    Historical Trend (2018-2023)
                    8.4.2.3.2.2    Forecast Trend (2024-2032)
                8.4.2.3.3    Genital
                    8.4.2.3.3.1    Historical Trend (2018-2023)
                    8.4.2.3.3.2    Forecast Trend (2024-2032)
    8.5    Global Sex Reassignment Surgery Market by End Use
        8.5.1    Hospitals
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Clinics
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others    
    8.6    Global Sex Reassignment Surgery Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Sex Reassignment Surgery Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Sex Reassignment Surgery Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Sex Reassignment Surgery Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Sex Reassignment Surgery Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Sex Reassignment Surgery Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Boston Medical Center
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Chettawut Plastic Surgery Center.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Rumer Cosmetic Surgery
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Plastic Surgery Group of Rochester
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Sex Reassignment Surgery Market: Key Industry Highlights, 2018 and 2032
2.    Global Sex Reassignment Surgery Historical Market: Breakup by Gender Transition (USD Million), 2018-2023
3.    Global Sex Reassignment Surgery Market Forecast: Breakup by Gender Transition (USD Million), 2024-2032
4.    Global Sex Reassignment Surgery Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Sex Reassignment Surgery Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Sex Reassignment Surgery Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Sex Reassignment Surgery Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Sex Reassignment Surgery Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Sex Reassignment Surgery Market Forecast: Breakup by Country (USD Million), 2024-2032
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 2024 and 2032.

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 2024-2032, 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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