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Global Cosmetic Surgery and Procedure Market Size, Share & Industry Trends Analysis Report By Procedure Type, By Non-invasive Type, By Invasive Type, By Regional Outlook and Forecast, 2021-2027

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    Report

  • 237 Pages
  • March 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5590346
The Global Cosmetic Surgery And Procedure Market size is expected to reach $107.2 billion by 2027, rising at a market growth of 9.8% CAGR during the forecast period.



Cosmetic surgery is a specialized area of medicine that focuses on enhancing one's look through surgical and medicinal methods. All sections of the head, neck, and body can benefit from cosmetic surgery. In addition, cosmetic surgery is opted by the people who want to increase the aesthetic appeal of a functional body part.

The invention of new cosmetic devices through manufactures has resulted in an increase in demand for cosmetic therapies in recent years. The overview of technologically enhanced product lines, such as non-invasive body contouring systems that use fat freezing technology, for example, is expected to generate lucrative growth opportunities.

Botulinum toxin is a naturally present deadly toxic substance with various applications. This toxin is most commonly used for the treatment of painful muscle spasms as well as for cosmetic reasons. Botulinum toxin is also known as Botox and Dysport. The small use of this toxic chemical aids in muscular coordination and this substance is very useful in cosmetic treatments.

Botox injections are known for their capabilities to degrade the appearance of facial creases. These injections are also used to treat excessive sweating (hyperhidrosis), neck spasms (cervical dystonia), an overactive bladder, and lazy eyes. Botox injections may also be useful in the prevention of chronic migraines. Additionally, Botox injections temporarily paralyze muscles by injecting a toxic substance onobotulinumtoxinA. This toxin is made by the microbiota that causes botulism, which is a form of food poisoning. Botulinum toxin was first used in a drug called Botox. AbbotulinumtoxinA (Dysport), rimabotulinumtoxinB (Myobloc), and incobotulinumtoxinA are now among the other products available (Xeomin). These injections are not interchangeable because they slightly different, especially in terms of dosage units.

Along with that, Botox injections block the effects of particular chemical transmission from nerves, most of which end up causing muscles to contract. The most common usage of these injections is to partially rest the facial muscles which end up causing fine lines in the forehead and across the eyes. These injections are used to cure issues that impact the body systems.

Plastic surgery is performed using a variety of instruments such as curettes, Awls, gouges, chisels, and mallets. Depending on their function, these instruments are classified as cutting tools, clutching or carrying instruments, and plungers.

COVID-19 Impact Analysis

The COVID-19 pandemic had a significant impact on the demand for aesthetic medicine. Originally, social distancing and a sharp drop in consumer income harmed the overall aesthetic procedure industry. The market had experienced a period of short-term negative growth as a result of factors such as temporary closures of beauty centers, limited operations, decreased product demand, and disruptions in the production and business chain. Remote working has enhanced the average time spent on Zoom calls. People are paying too much attention to about their physical appearance. It has created a market for cosmetic procedures, with Botox being one of the most popular. Non-invasive procedures have grown in popularity in recent months, while invasive procedures have declined.

Market driving Factors:


Increasing Technological enhancements and rise in demand for Minimally Invasive Procedures

The Cosmetic Surgery and Services Market is growing in conjunction with technological advancement. This is due to higher knowledge of advanced cosmetic surgery techniques and increased affordability of beauty treatments. Technologies such as Halo laser, combines ablative and non-ablative wavelengths to profit the skin on different levels. Among the radio wave, micro needling devices are the secret, Infini, vivace, and enzymes. With the advancements in technologies and treatments, the demand for more efficient aesthetic procedures is also increasing across the world. The Cosmetic Surgery and Services Industry is increasing due to the rising preference for minimally invasive procedures.

Massive attention in modeling and a professional life in aviation

Several sectors, such as modeling work and aerospace, are integrally linked to human beauty from the outside. Individual people pursuing a job in these industries must encounter certain standards of beauty. Applicants applying for the job of flight attendant must fulfill the airline's height, skin color, and body shape demands. When candidates have tattoos and piercings or scar tissue on their bodies, their applications are more often rejected. Participants who wish to pursue these career opportunities make every attempt to satisfy the criteria. Many people is expected to prefer to have cosmetic procedures, but the recovery time and the chances of obtaining scars from stitches during surgeries often inhibit them from using it.

Marketing Restraining Factor:


Strict Regulations and Inadequate Reimbursement

Restrictive laws and inappropriate reimbursement rates are two key factors expected to nullify the expansion of the Cosmetic Surgery and Services Market. Several patients do not seek a recommendation from their general practitioner because they are extremely fearful of an unkind response or believe that plastic procedures are not essentially medical. Self-referral to the treatment center is a more suitable option. Cosmetic clinics have highly variable standards, but in response to an advertisement, the clinics frequently send representatives to the patient's home. These legislators are not medically qualified, but they suggest operations and book surgery dates, frequently offering a discount if the physician signs right away.

Procedure Type Outlook

Based on Procedure Type, the market is segmented into Non-invasive, and Invasive. Based on Non-invasive Type, the market is segmented into Botox Injections, Laser Hair Removal, Soft Tissue Fillers, Chemical Peel, Microdermabrasion, and Others. Based on Invasive Type, the market is segmented into Breast Augmentation, Liposuction, Nose Reshaping, Tummy Tuck, Eyelid Surgery, and Others. The Non-Invasive segment garnered the highest revenue share in the Cosmetic Surgery and Procedure Market in 2020. Non-surgical cosmetic process is considered minimally traumatic because it does not involve a surgical procedure. Although, like any surgical condition, these therapies may have certain negative effects, particularly if performed by unqualified practitioners. Minimal pain, better results, and cheaper prices are just a few factors boosting global demand for non-invasive procedures.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America procured the highest revenue share in the Cosmetic Surgery and Procedure Market in 2020. The major factors fueling market expansion are high cosmetic procedure adoption, rising frequency of skin problems, advanced healthcare infrastructure, and the existence of board-certified and trained cosmetic surgeons in the region. The increase in frequencies of cosmetic surgery procedures from 2000 to 2018 was analyzed by the American Society of Plastic Surgeons (ASPS).

The major strategies followed by the market participants are Acquisitions. Based on the Analysis presented in the Cardinal matrix; AbbVie, Inc. is the major forerunner in the Cosmetic Surgery and Procedure Market. Companies such as Cynosure, LLC, Alma Lasers Ltd., Galderma S.A. are some of the key innovators in the Market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Evolus, Inc., Revance Therapeutics, Inc., Cynosure, LLC, Alma Lasers Ltd., Candela Medical Corporation, Bausch Health Companies, Inc., Lumenis Ltd., Galderma S.A., and AbbVie, Inc.

Partnerships, Collaborations and Agreements:

  • Sep 2021: Galderma entered into a co-development and option-to-acquire agreement with Sofregen Medical, a manufacturer of a biomedical silk protein. The agreement aimed to expand Galderma's offerings intending to enable the company to offer immediate volume restoration and offer structure immediate volume restoration.

Acquisitions and Mergers:

  • Jan 2022: Galderma took over ALASTIN Skincare, a specialty aesthetics company designing skincare products. With this acquisition, the company aimed to integrate ALASTIN Skincare's seamless skincare technology into its world-leading range and innovation track record in order to fulfill the requirement of patients and aesthetic professionals.
  • Apr 2021: Cynosure acquired MyEllevate surgical suture system, a minimally invasive procedure. Through this acquisition, the company aimed to expand its minimally invasive facial rejuvenation solutions portfolio by enabling practitioners to simply place a suture support system without incisions.
  • Jan 2021: Allergan Aesthetics acquired Cypris Medical, a privately-held medical device company. Following the acquisition, the companies is expected to jointly develop Xact Device, a minimally-invasive alternative option for performing neck and face lifts.
  • May 2020: AbbVie took over Allergan, a world leader in pharmaceutical. This acquisition aimed to expand and diversify the revenue base of AbbVie, as well as strengthen its position in the immunology sector.

Product Launches and Product Expansions:

  • Mar 2022: Galderma rolled out the Alastin Skincare reform & repair complex with TriHex Technology. Through this launch, the company aimed to speed up the recovery process from surgical body procedures as well as offer a more convenient post-procedure experience to patients.
  • Apr 2021: Alma introduced Alma PrimeXTM, a non-invasive platform for the body contouring and skin tightening. With this launch, the company aimed to provide a unique experience for patients as well as practitioners by meeting their requirements.

Geographical Expansions:

  • May 2021: Cynosure expanded its geographical footprint in London by launching a new Cynosure Experience Centre. Through this expansion, the company aimed to assist providers in offering the best-in-class patient outcomes.

Approvals and Trials:

  • Feb 2022: Allergan Aesthetics received the FDA approval for Juvederm Volbella XC, a solution for the enhancement of infraorbital hollows in adults aged above 21. With this approval, the company aimed to continue the expansion of its treatment offerings to more effectively address patients' demands.
  • Jul 2021: Alma received the US FDA approval for Alma Hybrid, the first laser platform. The new product is expected to offer a comprehensive solution to leverage every best-in-class laser independently or customize the treatment pattern by combining both wavelengths.

Scope of the Study


Market Segments Covered in the Report:


By Procedure Type

  • Non-invasive
  • Botox Injections
  • Laser Hair Removal
  • Soft Tissue Fillers
  • Chemical Peel
  • Microdermabrasion
  • Others
  • Invasive
  • Breast Augmentation
  • Liposuction
  • Nose Reshaping
  • Tummy Tuck
  • Eyelid Surgery
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players


List of Companies Profiled in the Report:

  • Evolus, Inc.
  • Revance Therapeutics, Inc.
  • Cynosure, LLC
  • Alma Lasers Ltd.
  • Candela Medical Corporation
  • Bausch Health Companies, Inc.
  • Lumenis Ltd.
  • Galderma S.A.
  • AbbVie, Inc.

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Cosmetic Surgery And Procedure Market, by Procedure Type
1.4.2 Global Cosmetic Surgery And Procedure Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Publisher Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals and Trials
3.2.5 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
Chapter 4. Global Cosmetic Surgery And Procedure Market by Procedure Type
4.1 Global Non-invasive Market by Region
4.2 Global Cosmetic Surgery And Procedure Market by Non-invasive Type
4.2.1 Global Botox Injections Market by Region
4.2.2 Global Laser Hair Removal Market by Region
4.2.3 Global Soft Tissue Fillers Market by Region
4.2.4 Global Chemical Peel Market by Region
4.2.5 Global Microdermabrasion Market by Region
4.2.6 Global Others Market by Region
4.3 Global Invasive Market by Region
4.4 Global Cosmetic Surgery And Procedure Market by Invasive Type
4.4.1 Global Breast Augmentation Market by Region
4.4.2 Global Liposuction Market by Region
4.4.3 Global Nose Reshaping Market by Region
4.4.4 Global Tummy Tuck Market by Region
4.4.5 Global Eyelid Surgery Market by Region
4.4.6 Global Others Market by Region
Chapter 5. Global Cosmetic Surgery And Procedure Market by Region
5.1 North America Cosmetic Surgery And Procedure Market
5.1.1 North America Cosmetic Surgery And Procedure Market by Procedure Type
5.1.1.1 North America Non-invasive Market by Country
5.1.1.2 North America Cosmetic Surgery And Procedure Market by Non-invasive Type
5.1.1.2.1 North America Botox Injections Market by Country
5.1.1.2.2 North America Laser Hair Removal Market by Country
5.1.1.2.3 North America Soft Tissue Fillers Market by Country
5.1.1.2.4 North America Chemical Peel Market by Country
5.1.1.2.5 North America Microdermabrasion Market by Country
5.1.1.2.6 North America Others Market by Country
5.1.1.3 North America Invasive Market by Country
5.1.1.4 North America Cosmetic Surgery And Procedure Market by Invasive Type
5.1.1.4.1 North America Breast Augmentation Market by Country
5.1.1.4.2 North America Liposuction Market by Country
5.1.1.4.3 North America Nose Reshaping Market by Country
5.1.1.4.4 North America Tummy Tuck Market by Country
5.1.1.4.5 North America Eyelid Surgery Market by Country
5.1.1.4.6 North America Others Market by Country
5.1.2 North America Cosmetic Surgery And Procedure Market by Country
5.1.2.1 US Cosmetic Surgery And Procedure Market
5.1.2.1.1 US Cosmetic Surgery And Procedure Market by Procedure Type
5.1.2.2 Canada Cosmetic Surgery And Procedure Market
5.1.2.2.1 Canada Cosmetic Surgery And Procedure Market by Procedure Type
5.1.2.3 Mexico Cosmetic Surgery And Procedure Market
5.1.2.3.1 Mexico Cosmetic Surgery And Procedure Market by Procedure Type
5.1.2.4 Rest of North America Cosmetic Surgery And Procedure Market
5.1.2.4.1 Rest of North America Cosmetic Surgery And Procedure Market by Procedure Type
5.2 Europe Cosmetic Surgery And Procedure Market
5.2.1 Europe Cosmetic Surgery And Procedure Market by Procedure Type
5.2.1.1 Europe Non-invasive Market by Country
5.2.1.2 Europe Cosmetic Surgery And Procedure Market by Non-invasive Type
5.2.1.2.1 Europe Botox Injections Market by Country
5.2.1.2.2 Europe Laser Hair Removal Market by Country
5.2.1.2.3 Europe Soft Tissue Fillers Market by Country
5.2.1.2.4 Europe Chemical Peel Market by Country
5.2.1.2.5 Europe Microdermabrasion Market by Country
5.2.1.2.6 Europe Others Market by Country
5.2.1.3 Europe Invasive Market by Country
5.2.1.4 Europe Cosmetic Surgery And Procedure Market by Invasive Type
5.2.1.4.1 Europe Breast Augmentation Market by Country
5.2.1.4.2 Europe Liposuction Market by Country
5.2.1.4.3 Europe Nose Reshaping Market by Country
5.2.1.4.4 Europe Tummy Tuck Market by Country
5.2.1.4.5 Europe Eyelid Surgery Market by Country
5.2.1.4.6 Europe Others Market by Country
5.2.2 Europe Cosmetic Surgery And Procedure Market by Country
5.2.2.1 Germany Cosmetic Surgery And Procedure Market
5.2.2.1.1 Germany Cosmetic Surgery And Procedure Market by Procedure Type
5.2.2.2 UK Cosmetic Surgery And Procedure Market
5.2.2.2.1 UK Cosmetic Surgery And Procedure Market by Procedure Type
5.2.2.3 France Cosmetic Surgery And Procedure Market
5.2.2.3.1 France Cosmetic Surgery And Procedure Market by Procedure Type
5.2.2.4 Russia Cosmetic Surgery And Procedure Market
5.2.2.4.1 Russia Cosmetic Surgery And Procedure Market by Procedure Type
5.2.2.5 Spain Cosmetic Surgery And Procedure Market
5.2.2.5.1 Spain Cosmetic Surgery And Procedure Market by Procedure Type
5.2.2.6 Italy Cosmetic Surgery And Procedure Market
5.2.2.6.1 Italy Cosmetic Surgery And Procedure Market by Procedure Type
5.2.2.7 Rest of Europe Cosmetic Surgery And Procedure Market
5.2.2.7.1 Rest of Europe Cosmetic Surgery And Procedure Market by Procedure Type
5.3 Asia Pacific Cosmetic Surgery And Procedure Market
5.3.1 Asia Pacific Cosmetic Surgery And Procedure Market by Procedure Type
5.3.1.1 Asia Pacific Non-invasive Market by Country
5.3.1.2 Asia Pacific Cosmetic Surgery And Procedure Market by Non-invasive Type
5.3.1.2.1 Asia Pacific Botox Injections Market by Country
5.3.1.2.2 Asia Pacific Laser Hair Removal Market by Country
5.3.1.2.3 Asia Pacific Soft Tissue Fillers Market by Country
5.3.1.2.4 Asia Pacific Chemical Peel Market by Country
5.3.1.2.5 Asia Pacific Microdermabrasion Market by Country
5.3.1.2.6 Asia Pacific Others Market by Country
5.3.1.3 Asia Pacific Invasive Market by Country
5.3.1.4 Asia Pacific Cosmetic Surgery And Procedure Market by Invasive Type
5.3.1.4.1 Asia Pacific Breast Augmentation Market by Country
5.3.1.4.2 Asia Pacific Liposuction Market by Country
5.3.1.4.3 Asia Pacific Nose Reshaping Market by Country
5.3.1.4.4 Asia Pacific Tummy Tuck Market by Country
5.3.1.4.5 Asia Pacific Eyelid Surgery Market by Country
5.3.1.4.6 Asia Pacific Others Market by Country
5.3.2 Asia Pacific Cosmetic Surgery And Procedure Market by Country
5.3.2.1 China Cosmetic Surgery And Procedure Market
5.3.2.1.1 China Cosmetic Surgery And Procedure Market by Procedure Type
5.3.2.2 Japan Cosmetic Surgery And Procedure Market
5.3.2.2.1 Japan Cosmetic Surgery And Procedure Market by Procedure Type
5.3.2.3 India Cosmetic Surgery And Procedure Market
5.3.2.3.1 India Cosmetic Surgery And Procedure Market by Procedure Type
5.3.2.4 South Korea Cosmetic Surgery And Procedure Market
5.3.2.4.1 South Korea Cosmetic Surgery And Procedure Market by Procedure Type
5.3.2.5 Singapore Cosmetic Surgery And Procedure Market
5.3.2.5.1 Singapore Cosmetic Surgery And Procedure Market by Procedure Type
5.3.2.6 Malaysia Cosmetic Surgery And Procedure Market
5.3.2.6.1 Malaysia Cosmetic Surgery And Procedure Market by Procedure Type
5.3.2.7 Rest of Asia Pacific Cosmetic Surgery And Procedure Market
5.3.2.7.1 Rest of Asia Pacific Cosmetic Surgery And Procedure Market by Procedure Type
5.4 LAMEA Cosmetic Surgery And Procedure Market
5.4.1 LAMEA Cosmetic Surgery And Procedure Market by Procedure Type
5.4.1.1 LAMEA Non-invasive Market by Country
5.4.1.2 LAMEA Cosmetic Surgery And Procedure Market by Non-invasive Type
5.4.1.2.1 LAMEA Botox Injections Market by Country
5.4.1.2.2 LAMEA Laser Hair Removal Market by Country
5.4.1.2.3 LAMEA Soft Tissue Fillers Market by Country
5.4.1.2.4 LAMEA Chemical Peel Market by Country
5.4.1.2.5 LAMEA Microdermabrasion Market by Country
5.4.1.2.6 LAMEA Others Market by Country
5.4.1.3 LAMEA Invasive Market by Country
5.4.1.4 LAMEA Cosmetic Surgery And Procedure Market by Invasive Type
5.4.1.4.1 LAMEA Breast Augmentation Market by Country
5.4.1.4.2 LAMEA Liposuction Market by Country
5.4.1.4.3 LAMEA Nose Reshaping Market by Country
5.4.1.4.4 LAMEA Tummy Tuck Market by Country
5.4.1.4.5 LAMEA Eyelid Surgery Market by Country
5.4.1.4.6 LAMEA Others Market by Country
5.4.2 LAMEA Cosmetic Surgery And Procedure Market by Country
5.4.2.1 Brazil Cosmetic Surgery And Procedure Market
5.4.2.1.1 Brazil Cosmetic Surgery And Procedure Market by Procedure Type
5.4.2.2 Argentina Cosmetic Surgery And Procedure Market
5.4.2.2.1 Argentina Cosmetic Surgery And Procedure Market by Procedure Type
5.4.2.3 UAE Cosmetic Surgery And Procedure Market
5.4.2.3.1 UAE Cosmetic Surgery And Procedure Market by Procedure Type
5.4.2.4 Saudi Arabia Cosmetic Surgery And Procedure Market
5.4.2.4.1 Saudi Arabia Cosmetic Surgery And Procedure Market by Procedure Type
5.4.2.5 South Africa Cosmetic Surgery And Procedure Market
5.4.2.5.1 South Africa Cosmetic Surgery And Procedure Market by Procedure Type
5.4.2.6 Nigeria Cosmetic Surgery And Procedure Market
5.4.2.6.1 Nigeria Cosmetic Surgery And Procedure Market by Procedure Type
5.4.2.7 Rest of LAMEA Cosmetic Surgery And Procedure Market
5.4.2.7.1 Rest of LAMEA Cosmetic Surgery And Procedure Market by Procedure Type
Chapter 6. Company Profiles
6.1 Evolus, Inc. (Alphaeon Corporation)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Research & Development Expenses
6.2 Revance Therapeutics, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.2.4 Research & Development Expenses
6.3 Cynosure, LLC
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Acquisition and Mergers:
6.3.2.2 Geographical Expansions:
6.4 Alma Lasers Ltd. (Sisram Medical Ltd.)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Research & Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Product Launches and Product Expansions:
6.4.5.2 Approvals and Trials:
6.5 Candela Medical Corporation (Syneron Medical Ltd.)
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Acquisition and Mergers:
6.6 Bausch Health Companies, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.7 Lumenis Ltd.
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Product Launches and Product Expansions:
6.8 Galderma S.A.
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Partnerships, Collaborations, and Agreements:
6.8.2.2 Product Launches and Product Expansions:
6.8.2.3 Acquisition and Mergers:
6.9 AbbVie, Inc. (Allergan PLC)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Regional Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Approvals and Trials:
6.9.5.2 Acquisition and Mergers:

Companies Mentioned

  • Evolus, Inc.
  • Revance Therapeutics, Inc.
  • Cynosure, LLC
  • Alma Lasers Ltd.
  • Candela Medical Corporation
  • Bausch Health Companies, Inc.
  • Lumenis Ltd.
  • Galderma S.A.
  • AbbVie, Inc.

Methodology

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