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