NEW YORK, June 1, 2022 /PRNewswire/ — The Cosmetic Surgery and Procedure Devices Market Technavio report predicts a $4.04 billion overall market growth growth. The rising incidence of medical conditions that require cosmetic procedures is notably driving the growth of the cosmetic surgery and procedural devices market. The market recorded an annual growth of 7.65% in 2021.
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The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and market behavior in segments such as Type (Non-Surgical Procedures and Surgical Procedures) and Geography (North America, Europe, Asia, and LINE). This report helps businesses create strategies to make the most of future growth opportunities.
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Key market dynamics
The increase in demand for cosmetic operations is a major driver of cosmetic surgery and procedural devices market growth. People’s self-esteem and confidence increasingly depend on their aesthetic appearance. As a result, individuals are increasingly opting for cosmetic operations that are both safe and effective. Through celebrity endorsements on social media, media platforms are also raising awareness about the benefits of cosmetic surgery, which has led to an increase in public awareness of cosmetic operations.
Although factors such as high treatment costs of cosmetic surgeries can have an impact on the growth of the market.
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Cosmetic Surgery and Procedural Devices Market Segmentation Analysis
Segmentation by service:
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The non-surgical procedure will gain considerable market share in cosmetic surgery and treatment devices. Injectables, dermal fillers, skin rejuvenation treatments and products for cellulite treatment, hair removal and non-surgical fat reduction are all examples of non-surgical techniques. People are increasingly interested in non-surgical and minimally invasive procedures because they harm the body less than traditional invasive procedures.
Segmentation by geography:
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ROW will account for 33% of market growth throughout the forecast period. In the row, Brazil is the largest market for cosmetic surgery and treatment devices. The market in this region would grow at a slower pace than that of Asia.
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North Americawith United States as a major country, is another key revenue contributor of the global cosmetic and procedural surgery devices market. One of the major reasons for the growth of the cosmetic surgery and interventional devices market in the United States is the presence of various vendors that offer products for both surgical and non-surgical cosmetic treatments.
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Major Vendors of Cosmetic Surgery and Procedure Devices Market
The market is fragmented due to the presence of multiple sellers. The report offers detailed insights into the skills, capabilities, and products offered by leading vendors, including:
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Cosmetic Surgery and Procedure Devices Market Scope |
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Report cover |
Details |
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Page number |
120 |
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base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum and CAGR |
Slowing down to a CAGR of 7.19% |
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Market Growth 2021-2025 |
$4.04 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
7.65 |
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Regional analysis |
North America, Europe, Asia and ROW |
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Successful market contribution |
ROM at 33% |
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Main consumer countries |
United States, Brazil, Japan, Mexico and Italy |
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Competitive landscape |
Leading Companies, Competitive Strategies, Consumer Engagement Reach |
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Profiled Key Companies |
AbbVie Inc., Alma Lasers GmbH, Bausch Health Companies Inc., Cynosure Inc., Galderma SA, Hologic Inc., Merz Pharma GmbH and Co. KGaA, Sientra Inc., Symatese Group and Westlake Dermatology PA |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis for the forecast period |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Contents
1. Summary
2 Market landscape
3 Market sizing
4 Five forces analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic landscape
8 drivers, challenges and trends
9 Supplier Landscape
10 Vendor Analysis
11 Appendix
About Technavio
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.
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