Cosmetic surgery product market size & demand global opportunity analysis outlook 2021

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Copyright © Research Nester Pvt. Ltd. www.researchnester.com Global Cosmetic Surgery Products Market Outlook : Industry Insights & Opportunity Evaluation, 2015-2021

Transcript of Cosmetic surgery product market size & demand global opportunity analysis outlook 2021

Page 1: Cosmetic surgery product market size & demand global opportunity analysis outlook 2021

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Global Cosmetic Surgery Products Market Outlook :

Industry Insights & Opportunity Evaluation,

2015-2021

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Global Cosmetic Surgery Product Market

Overview

Cosmetic surgery is an operative procedure which is used

to enhance or alter a part of the body or face of an

individual. This procedure is widely accepted as a means

of improving aesthetic appearance of the body by majority

of the world population.

Cosmetic surgery products are segmented under the global

cosmetic surgery and services market which is envisioned

to behold a compound annual growth rate (CAGR) of 5.9%

to reach USD 28 Billion during 2015-2021. Geographically,

the global cosmetic surgery product market is segmented

into North America, Latin America, Western and Eastern

Europe, Asia-Pacific, Middle East and North Africa

(MENA) and Rest of World.

Market Segmentation

By Product Type

The global cosmetic surgery product market is segmented

based on product type into the following:

Injectables

Based on injectables, global cosmetic surgery product

market can be segmented into collagen, botulin toxin and

hyaluronic acid.

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Implants

On the basis of implants, global cosmetic surgery product

market is segregated as breast implants, lip implants and

cheek and chin implants. The implant segment accounted

for 40% of market share in 2015.

Equipment

Global cosmetic surgery equipment market is divided on

the basis of equipment area into dermal resurfacing lasers,

liposuction equipment, hair removal lasers, and light

based systems.

By Procedures

The global cosmetic surgery product market is segmented

on the basis of procedures into surgical and non-surgical

procedures products.

Surgical Procedures

The surgical procedures can be further classified as

Liposuction, breast augmentation, eyelid surgery, nose

surgery and tummy tuck.

Non-Surgical Procedures

Non-surgical procedures can be further classified as Botox,

hair removal and others.

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Growth Drivers and challenges

Increasing beauty consciousness amongst the global

population coupled with rapidly expanding aging

population is expected to be a major growth driver of

global cosmetic surgery product market over the forecast

period i.e. 2015-2021.

In addition to this, technological innovations in cosmetic

surgery products are also believed to garner the growth of

global cosmetic surgery product market in future.

However, high cost associated with manufacturing of

cosmetic products, rigorous government approvals and

growing post-surgery complications related to cosmetic

surgery procedures is anticipated to hamper the growth of

global cosmetic surgery products market during the

forecast period.

Market Size and Forecast

At present, North America dominates the global cosmetic

surgery products market. With USD 3.0 Billion demand in

2015 (up by annual growth rate of 7.5% from 2014), the

U.S. is the largest cosmetic surgery products market in

North America.

Europe is the second largest cosmetic surgery product

market in the world behind North America. The market in

the European region is sparked by increasing popularity of

cosmetic procedures in some of the major European

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countries. For instance, the U.K. accounted for EUR 2.4

Billion of cosmetic surgery procedures market in 2010,

which is further anticipated to expand to EUR 3.8 Billion

in 2016, registering a CAGR of 7.9%.

Asia-Pacific cosmetic surgery product market is set for a

burgeoned growth over the forecast period. The market in

the region is believed to get forged from rising per capita

incomes in some of the major countries such as India,

China and Japan. In addition to this, growing adoption of

western culture among majority of the population is also

expected to garner the growth of Asia-Pacific cosmetic

surgery product market in future.

Key Players

Global cosmetic surgery product market is very

competitive and includes some of the top players such as

Allergan, Inc., Cutera, Inc., Alma Lasers, Ltd., Johnson &

Johnson, IRIDEX Corporation, Genesis Biosystems, Inc.,

Lumenis Ltd., Sanofi S.A. , etc.

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

North America (U.S., Canada)

Latin America (Mexico, Brazil, Rest of Latin America)

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Western and Eastern Europe (Germany, Italy, Spain,

France, U.K, Benelux, Hungary, Rest Of Western

Europe, Russia Poland, Rest of Eastern Europe)

Asia-Pacific (China, India, Singapore, Japan, Australia

& New Zealand & Rest of Asia)

Rest of World

Segmentation

By Product Type (Implants, Injectables and

Equipment)

By Procedures

By Geography

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in

current dynamic environment

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