The global cosmetics surgery market is anticipated to grow at a significant CAGR during the forecast period. The cosmetic surgery industry has witnessed a huge transformation in recent years owing to factors such as the growing middle-class population, the increased pursuit of perfection among the population, and many more. Rising income level is generating a greater range of choices such as cosmetic surgery among the population. Additionally, the increased social media usage across the globe is also rising the adoption of cosmetic surgeries to look perfect on social media platforms hence aiding to the cosmetic surgery market.
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Moreover, the major factor that is driving the cosmetic surgery industry size is that it aids to align the natural appearance of the person with its desired appearance. Cosmetic surgery procedures are also proved to be good for mental health. Since, the cosmetic surgery reduces anxiety and depression because of the unsatisfactory look, which drives the adoption of cosmetic surgery in the market. Another key advantage of cosmetic surgery is that it often lasts for a long time or is permanent, unlike the temporary makeup solution, which will significantly impact the cosmetic surgery market across the globe.
Additionally, cosmetic surgery can also aid in improving the physical health of the patients, along with physical appearance. The advantage of improved physical health will drive the cosmetic surgery market significantly. For instance, rhinoplasty or nose reshaping surgery can aid in improving breathing along with the nose structure. Similarly, breast reduction surgery may aid in relieving the physical discomfort of neck and back pain and skin irritation that results from over sized breasts along with the body contouring.
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In recent years, the potential of combined cosmetic surgery procedures has also been used which will be a considerable driver for the cosmetic surgery market growth. The combined cosmetic surgery allows having more than one surgical procedure at the same time. For instance, breast reduction and abdominoplasty can be performed at the same time or the eyelid surgery can be performed along with the facial operation such as the face lift. Moreover, the combined cosmetic surgery reduces the quarantine period for the patient that is required after some crucial cosmetic surgeries which will drive the market significantly during the forecast period.
Cosmetic Surgery Market- Segmentation
By Surgery Type
- Liposuction
- Facial Reconstruction
- Eyelid & Nose Surgery
- Body Contouring
- Cosmetic Implants
- Others