Cosmetic Surgery Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Cosmetic Surgery Market
The cosmetic surgery market size was valued at USD 57.67 billion in 2023, and the market is now projected to grow from USD 59.77 billion in 2024 to USD 81.66 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period of 2023-2030.
The COVID-19 pandemic created significant opportunities on the cosmetic surgery market growth as curbing coronavirus outbreak was prioritized. The steps which were taken regarding Covid-19 pandemic to make the problem bite with the dust led most of the nations to tumble down. Thus, there was seen a decline in the cosmetic operations. 2020 can be 100% contrast to the previous year; so by the total number of cosmetic surgeries in 2020 went down. This factor was a primary reason for the decline of sales of the beauty products industry, and many key companies stated the same thing concerning the fall in sales of their products.
The cosmetic surgery market share globally has been contributed due to the rising focus on improving aesthetic features. The aesthetic factor has notably grown in recent years as the cosmetic procedures have been seen as an element of daily living. The vast growth of users who consider looks as a valuable component has opened a new market space.
Furthermore, there’s been a notable trend of increasing demand for cosmetic procedures among male population. The male population are increasingly interested in cosmetic procedures for focusing on age-related concerns and the desire to look young naturally. As men care more about their look with the latest trend of cosmetic solutions, it has become a popular choice for them to suppress the signs of aging. These are also related to the nose, and are ones that are undergoing an increase in the demand for operations without surgery, like dermal fillers. This increases the number of treatments performed and subsequently bolstering the growth of the market.
Comprehensive Analysis of Cosmetic Surgery Market
The cosmetic surgery market and healthcare industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the healthcare industry. These segmentations are methodically segregated by types of procedure, gender, age group, and provider. The provider category includes, hospitals & specialty clinics and spas & cosmetic surgery centers. Notably, the age group category comprises of types such as 18 years & younger, 19 to 34 years, 35 to 50 years, 51 to 64 years, and 65 years & above.
The North America region is a boost to the global cosmetic surgery market, leading to a contribution of USD 18.10 billion due to the presence of highly qualified surgeons. This region dominance originates from qualified plastic surgeons of the US and Canadian countries conducting different cosmetic operations and the increasing number of aesthetic clinics which as I have phrased, is the reason of the expansion of this region. Moreover, the popularization of the newest featured beauty machines in the market is considered as a direct factor for stimulating the need for the cosmetic surgery in this place.
The top players in the market play a crucial role in the healthcare industry assuring industrial prospectus growth and setting market standards. These players include, Bausch Health Companies Inc. (Canada), AbbVie Inc. (U.S.), Cutera (U.S.), Apyx Medical (U.S.), Johnson & Johnson Services, Inc. (MENTOR) (U.S.), Merz Pharma (Germany), GALDERMA (Switzerland), Sientra, Inc. (U.S.), Cynosure (U.S.), and Long Island Plastic Surgical Group, PC (U.S.) these market players provide a level-playing competitive landscape.
In the beginning of August 2023 TELA Bio, Inc. started in the U. S. the sales of the OviTex PRS Long-Term Resorbable merchandise. This product can be used as various plastic and reconstructive surgeries.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 4.0% from 2024-2032
Unit Value (USD billion)
Segmentation By Procedure
Surgical Procedures
Breast Augmentation
Liposuction
Eyelid Surgery
Abdominoplasty
Rhinoplasty
Others
Non-Surgical Procedures
Botulinum Toxin
Hyaluronic Acid
Hair Removal
Nonsurgical Fat Reduction
Photo Rejuvenation
Others
By Gender
Female
Male
By Age Group
18 Years and Younger
19 to 34 Years
35 to 50 Years
51 to 64 Years
65 Years & Above
By Provider
Hospitals & Specialty Clinics
Spas & Cosmetic Surgery Centers
By Region
North America (By Procedure, By Provider, By Gender, By Age Group, By Country)
- U.S.
- Canada
Europe (By Procedure, By Provider, By Gender, By Age Group, By Country/Sub-Region)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific (By Procedure, By Provider, By Gender, By Age Group, By Country/Sub-Region)
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America (By Procedure, By Provider, By Gender, By Age Group, By Country/Sub-Region)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa (By Procedure, By Provider, By Gender, By Age Group, By Country/Sub-Region)
- Egypt
- Turkey
- Rest of Middle East & Africa
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
- 4. Key Insights
- 4.1. Key Procedures, By Key Countries (Surgical & Non-Surgical), 2022/2023
- 4.2. Ranks of Countries, By Key Procedures (Surgical & Non-Surgical), 2022/2023
- 4.3. Key Procedures, By Categories (Surgical & Non-Surgical), 2022/2023
- 4.4. Key Procedures, By Gender (Surgical & Non-Surgical), 2022/2023
- 4.5. Plastic Surgeons, By Key Countries 2022/2023
- 4.6. Medical Tourism in Key Countries, By Top 3 Countries of Foreign Patients
- 4.7. Key Procedures, By Indication, By Cost, By Length of Procedure, By Number of Treatment (Surgical & Non-Surgical)
- 4.8. New Product Launches, By Key Players
- 4.9. Key Industry Developments- Mergers, Partnerships, & Acquisitions
- 4.10. Impact of COVID-19 on the Market
- 5. Global Cosmetic Surgery Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Market Analysis, Insights and Forecast – By Procedures
- 5.1.1. Surgical Procedures
- 5.1.1.1. Breast Augmentation
- 5.1.1.2. Liposuction
- 5.1.1.3. Eyelid Surgery
- 5.1.1.4. Abdominoplasty
- 5.1.1.5. Rhinoplasty
- 5.1.1.6. Others
- 5.1.2. Non-Surgical Procedures
- 5.1.2.1. Botulinum Toxin
- 5.1.2.2. Hyaluronic Acid
- 5.1.2.3. Hair Removal
- 5.1.2.4. Nonsurgical Fat Reduction
- 5.1.2.5. Photo Rejuvenation
- 5.1.2.6. Others
- 5.2. Market Analysis, Insights and Forecast – By Gender
- 5.2.1. Females
- 5.2.2. Males
- 5.3. Market Analysis, Insights and Forecast – By Age Group
- 5.3.1. 18 and Younger
- 5.3.2. 19 to 34 Years
- 5.3.3. 35 to 50 Years
- 5.3.4. 51 to 64 Years
- 5.3.5. 65 Years and Above
- 5.4. Market Analysis, Insights and Forecast – By Provider
- 5.4.1. Hospitals & Specialty Clinics
- 5.4.2. Spas & Cosmetic Surgery Centers
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East & Africa
- 6. North America Cosmetic Surgery Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Procedures
- 6.1.1. Surgical Procedures
- 6.1.1.1. Breast Augmentation
- 6.1.1.2. Liposuction
- 6.1.1.3. Eyelid Surgery
- 6.1.1.4. Abdominoplasty
- 6.1.1.5. Rhinoplasty
- 6.1.1.6. Others
- 6.1.2. Non-Surgical Procedures
- 6.1.2.1. Botulinum Toxin
- 6.1.2.2. Hyaluronic Acid
- 6.1.2.3. Hair Removal
- 6.1.2.4. Nonsurgical Fat Reduction
- 6.1.2.5. Photo Rejuvenation
- 6.1.2.6. Others
- 6.2. Market Analysis, Insights and Forecast – By Gender
- 6.2.1. Females
- 6.2.2. Males
- 6.3. Market Analysis, Insights and Forecast – By Age Group
- 6.3.1. 18 and Younger
- 6.3.2. 19 to 34 Years
- 6.3.3. 35 to 50 Years
- 6.3.4. 51 to 64 Years
- 6.3.5. 65 Years and Above
- 6.4. Market Analysis, Insights and Forecast – By Provider
- 6.4.1. Hospitals & Specialty Clinics
- 6.4.2. Spas & Cosmetic Surgery Centers
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
- 7. Europe Cosmetic Surgery Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Procedures
- 7.1.1. Surgical Procedures
- 7.1.1.1. Breast Augmentation
- 7.1.1.2. Liposuction
- 7.1.1.3. Eyelid Surgery
- 7.1.1.4. Abdominoplasty
- 7.1.1.5. Rhinoplasty
- 7.1.1.6. Others
- 7.1.2. Non-Surgical Procedures
- 7.1.2.1. Botulinum Toxin
- 7.1.2.2. Hyaluronic Acid
- 7.1.2.3. Hair Removal
- 7.1.2.4. Nonsurgical Fat Reduction
- 7.1.2.5. Photo Rejuvenation
- 7.1.2.6. Others
- 7.2. Market Analysis, Insights and Forecast – By Gender
- 7.2.1. Females
- 7.2.2. Males
- 7.3. Market Analysis, Insights and Forecast – By Age Group
- 7.3.1. 18 and Younger
- 7.3.2. 19 to 34 Years
- 7.3.3. 35 to 50 Years
- 7.3.4. 51 to 64 Years
- 7.3.5. 65 Years and Above
- 7.4. Market Analysis, Insights and Forecast – By Provider
- 7.4.1. Hospitals & Specialty Clinics
- 7.4.2. Spas & Cosmetic Surgery Centers
- 7.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 7.5.1. Germany
- 7.5.2. U.K.
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
- 8. Asia Pacific Cosmetic Surgery Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Procedures
- 8.1.1. Surgical Procedures
- 8.1.1.1. Breast Augmentation
- 8.1.1.2. Liposuction
- 8.1.1.3. Eyelid Surgery
- 8.1.1.4. Abdominoplasty
- 8.1.1.5. Rhinoplasty
- 8.1.1.6. Others
- 8.1.2. Non-Surgical Procedures
- 8.1.2.1. Botulinum Toxin
- 8.1.2.2. Hyaluronic Acid
- 8.1.2.3. Hair Removal
- 8.1.2.4. Nonsurgical Fat Reduction
- 8.1.2.5. Photo Rejuvenation
- 8.1.2.6. Others
- 8.2. Market Analysis, Insights and Forecast – By Gender
- 8.2.1. Females
- 8.2.2. Males
- 8.3. Market Analysis, Insights and Forecast – By Age Group
- 8.3.1. 18 and Younger
- 8.3.2. 19 to 34 Years
- 8.3.3. 35 to 50 Years
- 8.3.4. 51 to 64 Years
- 8.3.5. 65 Years and Above
- 8.4. Market Analysis, Insights and Forecast – By Provider
- 8.4.1. Hospitals & Specialty Clinics
- 8.4.2. Spas & Cosmetic Surgery Centers
- 8.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. South Korea
- 8.5.5. Southeast Asia
- 8.5.6. Rest of Asia Pacific
- 9. Latin America Cosmetic Surgery Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Procedures
- 9.1.1. Surgical Procedures
- 9.1.1.1. Breast Augmentation
- 9.1.1.2. Liposuction
- 9.1.1.3. Eyelid Surgery
- 9.1.1.4. Abdominoplasty
- 9.1.1.5. Rhinoplasty
- 9.1.1.6. Others
- 9.1.2. Non-Surgical Procedures
- 9.1.2.1. Botulinum Toxin
- 9.1.2.2. Hyaluronic Acid
- 9.1.2.3. Hair Removal
- 9.1.2.4. Nonsurgical Fat Reduction
- 9.1.2.5. Photo Rejuvenation
- 9.1.2.6. Others
- 9.2. Market Analysis, Insights and Forecast – By Gender
- 9.2.1. Females
- 9.2.2. Males
- 9.3. Market Analysis, Insights and Forecast – By Age Group
- 9.3.1. 18 and Younger
- 9.3.2. 19 to 34 Years
- 9.3.3. 35 to 50 Years
- 9.3.4. 51 to 64 Years
- 9.3.5. 65 Years and Above
- 9.4. Market Analysis, Insights and Forecast – By Provider
- 9.4.1. Hospitals & Specialty Clinics
- 9.4.2. Spas & Cosmetic Surgery Centers
- 9.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 9.5.1. Brazil
- 9.5.2. Mexico
- 9.5.3. Rest of Latin America
- 10. Middle East & Africa Cosmetic Surgery Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Market Analysis, Insights and Forecast – By Procedures
- 10.1.1. Surgical Procedures
- 10.1.1.1. Breast Augmentation
- 10.1.1.2. Liposuction
- 10.1.1.3. Eyelid Surgery
- 10.1.1.4. Abdominoplasty
- 10.1.1.5. Rhinoplasty
- 10.1.1.6. Others
- 10.1.2. Non-Surgical Procedures
- 10.1.2.1. Botulinum Toxin
- 10.1.2.2. Hyaluronic Acid
- 10.1.2.3. Hair Removal
- 10.1.2.4. Nonsurgical Fat Reduction
- 10.1.2.5. Photo Rejuvenation
- 10.1.2.6. Others
- 10.2. Market Analysis, Insights and Forecast – By Gender
- 10.2.1. Females
- 10.2.2. Males
- 10.3. Market Analysis, Insights and Forecast – By Age Group
- 10.3.1. 18 and Younger
- 10.3.2. 19 to 34 Years
- 10.3.3. 35 to 50 Years
- 10.3.4. 51 to 64 Years
- 10.3.5. 65 Years and Above
- 10.4. Market Analysis, Insights and Forecast – By Provider
- 10.4.1. Hospitals & Specialty Clinics
- 10.4.2. Spas & Cosmetic Surgery Centers
- 10.5. Market Analysis, Insights and Forecast – By Country/ Sub-region
- 10.5.1. Egypt
- 10.5.2. Turkey
- 10.5.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis (2023)
- 11.2. Company Profiles
- 11.2.1. Bausch Health Companies Inc.
- 11.2.1.1. Overview
- 11.2.1.2. Products & Services
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Strategies
- 11.2.1.6. financials (Based on Availability)
- 11.2.2. Johnson & Johnson Services, Inc. (MENTOR)
- 11.2.2.1. Overview
- 11.2.2.2. Products & Services
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Strategies
- 11.2.2.6. financials (Based on Availability)
- 11.2.3. AbbVie Inc.
- 11.2.3.1. Overview
- 11.2.3.2. Products & Services
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Strategies
- 11.2.3.6. financials (Based on Availability)
- 11.2.4. Cutera
- 11.2.4.1. Overview
- 11.2.4.2. Products & Services
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Strategies
- 11.2.4.6. financials (Based on Availability)
- 11.2.5. Merz Pharma
- 11.2.5.1. Overview
- 11.2.5.2. Products & Services
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Strategies
- 11.2.5.6. financials (Based on Availability)
- 11.2.6. GALDERMA
- 11.2.6.1. Overview
- 11.2.6.2. Products & Services
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Strategies
- 11.2.6.6. financials (Based on Availability)
- 11.2.7. Sientra, Inc.
- 11.2.7.1. Overview
- 11.2.7.2. Products & Services
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Strategies
- 11.2.7.6. financials (Based on Availability)
- 11.2.8. Cynosure
- 11.2.8.1. Overview
- 11.2.8.2. Products & Services
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Strategies
- 11.2.8.6. financials (Based on Availability)
- 11.2.9. Apyx Medical
- 11.2.9.1. Overview
- 11.2.9.2. Products & Services
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Strategies
- 11.2.9.6. financials (Based on Availability)
- 11.2.10. Long Island Plastic Surgical Group, PC
- 11.2.10.1. Overview
- 11.2.10.2. Products & Services
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Strategies
- 11.2.10.6. financials (Based on Availability)
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