Global Cosmetic Surgery Market Report and Forecast 2024-2032

Global Cosmetic Surgery Market Outlook

The global cosmetic surgery market size in 2023 was USD 77.36 billion, driven by the rising importance of physical appearance across the globe. The global cosmetic surgery market is anticipated to grow at a CAGR of 10.2% during the forecast period of 2024-2032 to achieve a value of USD 185.42 billion by 2032.

Global Market Likely to be Driven by People’s Desire to Enhance Appearance

Cosmetic surgery seeks to enhance an individual’s appearance, self-confidence, and self-esteem. Popular cosmetic surgery procedures include those for the face [Cheek lift, Botox, Chin surgery, Chemical peel, Dermabrasion, Cosmetic dentistry, Blepharoplasty (eyelid surgery), Eyebrow/forehead rejuvenation (brow lift), Facial contouring, Face-lift, Facial wrinkles, Facial fillers, Laser resurfacing, Laser hair removal, Otoplasty (ear surgery), Neck lift, Rhinoplasty (nose surgery), Skin problems (spider veins, blemishes, tattoo removal, scar revisions), Wrinkle treatment], and for the body [Arm lift, Abdomen reduction (tummy tuck), Breast augmentation, Liposuction, Breast reduction surgery, Breast lift, Circumferential body lift, Buttock lift (belt lipectomy), Inner thigh lift, Laser hair removal].

The global cosmetic surgery market is expected to be driven by people’s desire to look good and attractive. 

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Cosmetic Surgery and Plastic Surgery

Cosmetic surgery seeks to use surgical and medical techniques to enhance appearance.  Cosmetic surgery may be carried out on all areas of the head, body and neck. Cosmetic surgery is elective as the treated areas only lack aesthetic appeal, but function adequately. On the other hand, plastic surgery seeks to reconstruct body and facial defects that may be a result of trauma, disease, burns, and birth disorders. Thus, plastic surgery is reconstructive in nature and aims to correct dysfunctional body areas. 

Cosmetic Surgeries are Very Common

Cosmetic surgical procedures are very common. Each year, over 15 million cosmetic surgeries are performed in USA; over 13 million of these are minimally invasive procedures. Individuals belonging to all age groups and genders undergo cosmetic surgery; however, such procedures are more prevalent in adults between ages 40 and 54. Women undergo nearly 92% of cosmetic surgery procedures. In Asian nations, a robust growing economy and significant social changes have made cosmetic surgery more acceptable, which has led to a greater number of individuals undergoing cosmetic surgery to enhance their appearance and quality of life.

Number of Cosmetic Surgeries Being Carried out is Increasing

The number of people undergoing cosmetic surgery procedures has been rising steadily; some factors contributing to such rise in numbers include:

Constant public exposure – Increasing use of smart phones and social media platforms has increased public exposure, and at the same time, the desire to look good. Many people are motivated by the idea of looking more beautiful, handsome or desirable in public eye; many of these people choose to undergo cosmetic procedures. 

Greater acceptance of cosmetic procedures – Cosmetic surgery has gained a lot more acceptance over time, and people have come to display greater willingness to undergo such procedures to enhance their looks and appearance. Growing acceptance is expected to drive the global cosmetic surgery market. 

Increased affordability – Cosmetic surgical procedures have become more affordable, which has led to an increase in the number of people opting for such procedures.  

Technical developments – Technical advances have made cosmetic procedures safer and more reliable. 

The aforementioned reasons are likely to boost the global cosmetic surgery market. 

Market Segmentation

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By gender, the market is divided into:

• Female

• Male

By age group, the market is classified into:

• 13 to 29

• 30 to 54

• 55 and above

By procedure, the market is segmented into:

• Eyelid Surgery

• Breast Augmentation

• Liposuction

• Rhinoplasty

• Others

By end user, the market is classified into:

• Hospital and Clinic

• Ambulatory Surgical Facility

• Cosmetic Surgical Centre

By region, the market is divided into:

• Europe

• North America

• Latin America

• Asia Pacific

• Middle East and Africa

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Key Industry Players in the Market

The report offers an extensive assessment of major players in the global cosmetic surgery market; it evaluates their capability, observes latest occurrences such as mergers and acquisitions, capacity expansions, and plant turnarounds:

• Merz Pharma GmbH & Co.KGaA

• AbbVie Inc.

• Johnson & Johnson Services, Inc.

• Cynosure LLC

• Candela Corporation

• Bausch Health Companies Inc.

• Lumenis Be Ltd.

• Evolus Inc

• Alma Lasers GmbH

• Galderma SA

• Others

Using SWOT analysis and Porter’s Five Forces model, the EMR report offers deep insights into the industry.

Key Highlights of the Report