Sex Reassignment Surgery Market Report: Trends, Forecast and Competitive Analysis to 2030
Sex Reassignment Surgery Trends and Forecast
The future of the global sex reassignment surgery market looks promising with opportunities in the hospital and specialty clinic markets. The global sex reassignment surgery market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 10.5% from 2024 to 2030. The major drivers for this market are growing awareness and acceptance of transgender individuals, increased efforts by governments of different countries to help transgender people financially and with equal rights, and availability of enhanced processes for gender affirmation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sex Reassignment Surgery by Segment
The study includes a forecast for the global sex reassignment surgery by gender identity, surgery type, end use, and region.
Sex Reassignment Surgery Market by Gender Identity [Shipment Analysis by Value from 2018 to 2030]:
- Transgender Male to Female
- Transgender Female to Male
- Non-Binary
- Others
Sex Reassignment Surgery Market by Surgery Type [Shipment Analysis by Value from 2018 to 2030]:
- Facial Feminization Surgery
- Breast Augmentation or Top Surgery
- Body Contouring
- Vaginoplasty
- Phalloplasty
- Metoidioplasty
- Others
Sex Reassignment Surgery Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospital
- Specialty Clinic
- Others
Sex Reassignment Surgery Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Sex Reassignment Surgery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sex reassignment surgery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sex reassignment surgery companies profiled in this report include-
- Chettawut Plastic Surgery Center
- Mount Sinai Centre for Transgender Medicine and Surgery
- Rumer Cosmetics
- Phuket International Aesthetic Centre
- Yeson Voice centre
- Bella Masena Clinic
- Transgender Surgery Institute
- McLean Clinic
- Kamol Cosmetic Hospital
- Alter Günter Clinic
Sex Reassignment Surgery Market Insights
Lucintel forecasts that transgender male to female will remain the largest segment over the forecast period due to strong demand for feminization treatments such as vaginoplasty, breast augmentation, and face surgery.
Within this market, hospital will remain larger segment .
North America will remain the largest region over the forecast period due to favorable laws, the existence of leading LGBTQ advocacy organizations, and high spending in transgender healthcare.
Features of the Global Sex Reassignment Surgery Market
Market Size Estimates: Sex reassignment surgery market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sex reassignment surgery market size by gender identity, surgery type, end use, and region in terms of value ($B).
Regional Analysis: Sex reassignment surgery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different gender identity, surgery type, end use, and regions for the sex reassignment surgery market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sex reassignment surgery market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sex reassignment surgery market size?
Answer: The global sex reassignment surgery market is expected to reach an estimated $1.2 billion by 2030.
Q2. What is the growth forecast for sex reassignment surgery market?
Answer: The global sex reassignment surgery market is expected to grow with a CAGR of 10.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sex reassignment surgery market?
Answer: The major drivers for this market are growing awareness and acceptance of transgender individuals, increased efforts by governments of different countries to help transgender people financially and with equal rights, and availability of enhanced processes for gender affirmation.
Q4. What are the major segments for sex reassignment surgery market?
Answer: The future of the global sex reassignment surgery market looks promising with opportunities in the hospital and specialty clinic markets.
Q5. Who are the key sex reassignment surgery market companies?
Answer: Some of the key sex reassignment surgery companies are as follows:
- Chettawut Plastic Surgery Center
- Mount Sinai Centre for Transgender Medicine and Surgery
- Rumer Cosmetics
- Phuket International Aesthetic Centre
- Yeson Voice centre
- Bella Masena Clinic
- Transgender Surgery Institute
- McLean Clinic
- Kamol Cosmetic Hospital
- Alter Günter Clinic
Q6. Which sex reassignment surgery market segment will be the largest in future?
Answer: Lucintel forecasts that transgender male to female will remain the largest segment over the forecast period due to strong demand for feminization treatments such as vaginoplasty, breast augmentation, and face surgery.
Q7. In sex reassignment surgery market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to favorable laws, the existence of leading LGBTQ advocacy organizations, and high spending in transgender healthcare.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sex reassignment surgery market by gender identity (transgender male to female, transgender female to male, non-binary, and others), surgery type (facial feminization surgery, breast augmentation or top surgery, body contouring, vaginoplasty, phalloplasty, metoidioplasty, and others), end use (hospital, specialty clinic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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