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Plastic Surgery Market Insights for 2024

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Plastic Surgery Market Size 

In 2022, the Global Plastic Surgery Market was valued at USD 69.7 billion and is anticipated to experience significant growth, reaching an estimated USD 158.7 billion by 2031. The market is projected to grow at a CAGR of 11.1% during the forecast period from 2024 to 2031.  

This growth is influenced by increasing regulatory approvals for plastic surgery devices, driven by the growing impact of media, social media, and the fashion industry, as well as enhanced research and development efforts. 

Plastic surgery, a surgical specialty, focuses on the reconstruction, enhancement, or alteration of the human body. It is divided into two main categories: cosmetic surgery and reconstructive surgery. 

The plastic surgery market is witnessing an upsurge due to increasing consumer demand for plastic procedures. This demand is fueled by the adoption of minimally invasive procedures, reduced costs, an increase in the number of accredited service providers, and the launch of new products in the market. The market is seeing a surge in demand for products from North America, attributed to advancements in research in these regions. Key players in the market include Allergan Aesthetics (AbbVie Inc.), Merz Aesthetics, Cynosure LLC, among others. 

 

Plastic Surgery Market Segmentation 

By Surgical Procedure Type 

  • Reconstructive Surgical Procedure 

  • Cosmetic (aesthetic) Surgical Procedure 

  • Cosmetic Minimally-Invasive Procedures 

By Gender 

  • Female 

  • Male 

By Age Group 

  • Age Group (13-19) 

  • Age Group (20-29) 

  • Age Group (30-39) 

  • Age Group (40-54) 

  • Age Group (55-69) 

  • Age Group (70+) 

By End User 

  • Hospitals 

  • Surgical Centers/ Clinics 

  • Others 

Market Key Players 

Major players are Allergan Aesthetics (AbbVie Inc.), Alma Lasers, Cynosure LLC, Galderma, Bausch Health Companies Inc., Merz Aesthetics, Candela Corporation, Evolus, Inc., Lumenis Be Ltd. and GC Aesthetics. 

 

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