The Global Cosmetic Surgery and Procedures Market Assessed to Expand at $52.12 Billion by 2028

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As per Triton's research report, the global cosmetic surgery and procedures market garnered $25.57 billion in 2020, and is estimated to grow at a CAGR of 6.25% by 2028.

A recent study by Triton Market Research titled 'Global Cosmetic Surgery and Procedures Market' comprises the Global Analysis and Forecasts by Type (Surgical, Non-Surgical) and by Geography (North America, Middle East and Africa, Latin America, Asia-Pacific, Europe).

Cosmetic surgery helps improve various body structures to enhance overall appearance. These procedures are either surgical or non-surgical. 

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Triton's research report suggests that the global cosmetic surgery and procedures market is estimated to progress at a CAGR of 6.25% during the years 2021-2028. It is further estimated to acquire revenue worth $52.12 billion by 2028.

Over the years, the surgical industry has shifted to cosmetic procedures. This is mainly because of technological advancements, such as the introduction of minimally invasive aesthetic devices and laser therapies. Thus, the technological advancements, in addition to the growing acceptance of aesthetic procedures, are supplementing the growth of the cosmetic surgery and procedures market. 

In contrast, the lack of reimbursement framework and side effects in cosmetic procedures are negatively impacting the cosmetic surgery and procedures market. 

The cosmetic surgery and procedures market is segmented into type. It is further divided into surgical and non-surgical. 

North America is leading in the cosmetic surgery and procedures market globally. This is mainly owing to the early acceptance of technology, increased awareness about cosmetic procedures, and growing income. Additionally, the rising aesthetic consciousness among the elderly population, coupled with rapid technological advancements, has increased the demand for cosmetic procedures across the United States and Canada. Therefore, as stated above, all these factors widening the scope and growth of the cosmetic surgery and procedures market. 

Bausch Health Companies Inc, Johnson and Johnson, Candela Corporation, Sinclair Pharma, Cutera Inc, Sientra Inc, Allergan, Alma Lasers Ltd, Ipsen Group, Merz Pharma, Cynosure Inc, Lumenis Ltd, and Galderma Laboratories LP are key companies profiled in the cosmetic surgery and procedures market. 

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Question & Answer: Cosmetic Surgery and Procedures Market

Question 1: What aspects are supplementing the growth of the cosmetic surgery and procedures market?

Answer: Over the years, the surgical industry has shifted to cosmetic procedures. This is mainly because of technological advancements, such as the introduction of minimally invasive aesthetic devices and laser therapies. Thus, the technological advancements, in addition to the growing acceptance of aesthetic procedures, are supplementing the growth of the cosmetic surgery and procedures market. 

Question 2: What factors are negatively impacting the cosmetic surgery and procedures market?

Answer: The lack of reimbursement framework and side effects in cosmetic procedures are negatively impacting the cosmetic surgery and procedures market. 

Question 3: Which region is leading in the cosmetic surgery and procedures market globally?

Answer:  North America is leading in the cosmetic surgery and procedures market globally. This is mainly owing to the early acceptance of technology, increased awareness about cosmetic procedures, and growing income. Additionally, the rising aesthetic consciousness among the elderly population, coupled with rapid technological advancements, has increased the demand for cosmetic procedures across the United States and Canada. Therefore, as stated above, all these factors widening the scope and growth of the cosmetic surgery and procedures market. 

Question 4: Which are the key companies profiled in the cosmetic surgery and procedures market?

Answer: Bausch Health Companies Inc, Johnson and Johnson, Candela Corporation, Sinclair Pharma, Cutera Inc, Sientra Inc, Allergan, Alma Lasers Ltd, Ipsen Group, Merz Pharma, Cynosure Inc, Lumenis Ltd, and Galderma Laboratories LP are key companies profiled in the cosmetic surgery and procedures market. 

Related Report:

Global Bariatric Surgery Market

The global bariatric surgery market is evaluated to progress at a CAGR of 9.41% during the considered period of 2019-2028 while gaining $4913.1 million in revenue by 2028.

Bariatric surgery, also known as weight loss surgery, helps treat obesity. It is considered as the last option for patients who fail to reduce weight through other methods. 

The growing prevalence of diabetes and cardiac diseases, coupled with rising obesity levels, are widening the growth of the bariatric surgery market. 

Additionally, the technological advancements and rise in government initiatives to reduce obesity levels are creating novel opportunities for the bariatric surgery market. 

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