According to FutureWise analysis the market for cosmetic surgery and procedure in 2023 is US$ 76.46 billion, and is expected to reach US$ 161.77 billion by 2031 at a CAGR of 9.82%.
Cosmetic surgery involves enhancing a portion of an individual's body or face through incisions. The growth of the cosmetic surgery and procedures market is primarily driven by an increasing number of cosmetic surgeries across geographies. Cosmetic surgeries include altering facial structure (maxillofacial), reconstructing or reshaping body parts, and changing the structure of the jaw (craniofacial). With increasing consumer awareness regarding personal aesthetics as well as a rise in per capita disposable income, the market is expected to grow at a significant rate. Further, a growing focus on R D activities to develop advanced surgical procedures will create lucrative opportunities for market players during the review period. The growth of the cosmetic surgery and procedures market is driven by an increasing number of cosmetic surgeries in various regions. Consumers' increasing awareness about personal aesthetics coupled with increasing per capita disposable income is expected to drive the market growth at a significant rate during the review period. During the period under review, there will also be a growing emphasis on developing advanced surgical procedures, which will present lucrative opportunities for the market players.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Cosmetic Surgery And Procedure Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Cosmetic Surgery And Procedure Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.