Overview


According to FutureWise analysis the market for Sex Reassignment Surgery in 2023 is US$ 0.69 billion, and is expected to reach US$ 1.68 billion by 2031 at a CAGR of 11.70%.

Sex reassessment surgery refers to a group of surgical procedures performed to modify an individual's physical characteristics to match their gender identity. This type of surgery is typically sought by individuals who experience gender dysphoria. Before operation, the emotional health of those who experience gender dysphoria is evaluated to see if they are in good condition. Gender dysphoria patients frequently suffer from melancholy and anxiety because they are not recognised by society and are uncomfortable with their gender.  A condition where a person's gender identity does not match their sex. The specific procedures involved in sex reassessment surgery can vary depending on the individual's needs and goals, but may include genital reconstruction, breast augmentation or reduction, facial feminization or masculinization, and other procedures to modify secondary sex characteristics.

In accordance with their current sexual preferences, a person's gender, function, and bodily traits are modified through sex reassignment surgery. Transgender patients undergo sex transition operations to become transsexuals. An individual can have sex reassignment surgery to alter their gender if they have significant gender dysphoria. Before operation, the emotional health of those who experience gender dysphoria is evaluated to see if they are in good condition. A patient needs to undergo hormone therapy prior to operation, which is crucial because a person's hormonal alterations as well as physical characteristics help to identify them. Some of the reasons influencing the expansion of the sex reassignment surgery market include the frequency of transgender issues, the availability of gender reassignment surgical facilities, and their accessibility.

FutureWise Market Research has published a report that provides an insightful analysis of Sex Reassignment Surgery Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Sex Reassignment Surgery Market will experience a significant growth.

According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Bupa Cromwell Hospital
  • Yeson Voice center
  • Chettawut Plastic Surgery Centre
  • Sava Perovic Foundation Surgery
  • Phuket International Aesthetic Centre (PIAC)
  • Rumercosmetics
  • Transgender Surgery Institute of Southern California
  • Mount Sinai Centre for Transgender Medicine and Surgery (CTMS)

Recent developments by key players in Sex Reassignment Surgery Market:

  • In February 2022, At the Bellvitge University Hospital in L'Hospitalet de Llobregat (Barcelona), a vaginoplasty with a peritoneal flap was carried out on a 30-year-old patient utilising a surgical robot. Which was one of the earliest gender reassignment surgeries in Europe using robot assistance.

The market for sex reassessment surgery has seen significant growth and changes over the past few decades. One major factor driving the growth of this market is increased awareness and acceptance of transgender individuals and their rights. As societal attitudes have become more inclusive, more individuals are seeking out gender confirmation surgery as a way to live more authentically and comfortably in their own bodies. Another factor contributing to the growth of this market is the increasing availability and affordability of these procedures. While sex reassessment surgery was once relatively uncommon and often prohibitively expensive, advances in medical technology and increased competition among providers have made these procedures more accessible and affordable to a wider range of individuals.

At the same time, the market for sex reassessment surgery is still relatively niche, and there are a number of challenges and barriers that can limit growth and impact market dynamics. For example, many insurance policies do not cover gender confirmation surgery, leaving patients to bear the full cost of these procedures. Additionally, there is still significant stigma and discrimination against transgender individuals, which can make it difficult for them to access healthcare and other services. Despite the restraints, the market for sex reassessment surgery is likely to continue growing in the coming years.

By Gender Transition

  • Male to Female
    • Facial
    • Breast
    • Genital
      • Phallectomy
      • Orchiectomy
      • Vaginoplasty
  • Female to Male
    • Facial
    • Chest
    • Genital
      • Hysterectomy
      • Phalloplasty

By End-User

  • Hospitals & Clinics
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. The North America region is anticipated to hold a substantial share of the sex reassignment surgery market due to the growing prevalence of gender dysphoria, increased awareness and acceptance of gender reassignment surgery, and the financial backing of government and public organisations. This region's market is expanding, as evidenced by the rising number of operations being done there. For instance, according to the Centres for Disease Control and Prevention's "Transgender and Gender Diverse Persons" page, which was revised in July 2021, 9,000 transgender procedures are carried out yearly across the country. A gender-affirming surgery is performed in nearly 10.9% of transsexualism-related medical interactions, according to the most recent data, which also show that 0.6% of Americans identify as transgender. A large increase in surgeries done in the nation indicates a major market expansion. Additionally, based on end-user; hospitals and clinics hold a market share of 74.0% and 26.0% globally in 2022.


  • Tier 1 players- established companies in the market with major market share
  • Tier 2 players
  • New Entrants
  • Emerging players which are growing rapidly
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data points affecting market growth
  • To provide with an exhaustive analysis on the of Sex Reassignment Surgery Market By Gender Transition, By End-User and By Region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Sex Reassignment Surgery Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Type Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Sex Reassignment Surgery Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Sex Reassignment Surgery Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Type Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Type Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Sex Reassignment Surgery Market, By Gender Transition Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Male to Female
         1.1. Facial
         1.2. Breast
         1.3. Genital
          1.3.1. Phallectomy
          1.3.2. Orchiectomy
          1.3.3. Vaginoplasty
        2. Female to Male
         2.1. Facial
         2.2. Chest
         2.3. Genital
          2.3.1. Hysterectomy
          2.3.2. Phalloplasty

  • 8.   Sex Reassignment Surgery Market, By End-User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals & Clinics
        2. Others

  • 9.   North America Sex Reassignment Surgery Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 10.   Latin America Sex Reassignment Surgery Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 11.   Europe Sex Reassignment Surgery Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 12.   Asia Pacific Sex Reassignment Surgery Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 13.   Middle East and Africa Sex Reassignment Surgery Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 14.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 15.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Bupa Cromwell Hospital
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Yeson Voice center
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Chettawut Plastic Surgery Centre
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Sava Perovic Foundation Surgery
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Phuket International Aesthetic Centre (PIAC)
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Rumercosmetics
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Transgender Surgery Institute of Southern California
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Mount Sinai Centre for Transgender Medicine and Surgery (CTMS)
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview

  • 16.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 17.   FutureWise SME Key Takeaway Points for Client
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