A recent report published by Infinium Global Research on plastic surgery market provides an in-depth analysis of segments and sub-segments in the global as well as regional plastic surgery industry
Pune, India -- (SBWIRE) -- 12/02/2019 -- Infinium Global Research has recently published a report on the "Plastic Surgery Market (Surgery - Aesthetic Surgery, Burn Surgery, Craniofacial Surgery, Hand Surgery, Microsurgery, and Pediatric Plastic Surgery; Product Type - Lasers, Liposuction Equipment, and Injectable; End User - Hospitals, Clinics, Research Laboratories and Institutes, and Ambulatory Surgical Centers): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global plastic surgery market is projected to grow at a CAGR of 7.6% over the forecast period of 2019-2025.
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Growing Technological Advancements Generate Opportunities For Plastic Surgery Market
The growing adoption of plastic surgeries among individuals who suffer from a medical condition such as obesity is the major factor driving the growth of the plastic surgery market across the globe. The growing popularity of medical tourism also drives the growth of the plastic surgery market as high-quality treatments in developing countries can be performed at a lower cost than in the advanced countries. Increasing beauty awareness among the global population and a rapidly growing elderly population plays a vital role in the growth of the plastics surgery market across the globe.
Though, high cost related to the manufacturing of cosmetic products, severe government approvals and rising post-surgery complications related to plastic surgery procedures is expected to hinder the growth of the global plastic surgery market. Rising technological advancements and healthcare spending are likely to create new opportunities for the plastic surgery market in the upcoming years.
Due To Large Pool of Patients in the Market, Hospitals Segment is Anticipated to Propel Growth
The global plastic surgery market is segmented into the surgery and end-user. On the basis of the surgery segment, the global market is fragmented into Aesthetic surgery, burn surgery, craniofacial surgery, hand surgery, and microsurgery. In terms of product type, the plastic surgery market is divided into lasers, liposuction equipment, and injectable. Based on end-user, the market is categorized into hospitals, clinics, research laboratories and institutes, ambulatory surgical centers. Among all of them, the hospital segment holds the maximum market share. This is primarily due to the presence of a large patient pool.
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North America Dominates the Global Plastic Surgery Market for Its Presence of Manufacturers in the Region
Geographically, the plastic surgery market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America dominates the global plastic surgery market. The United States is the largest plastic surgery market in North America. The strong presence of manufacturers of plastic surgery products and devices in the United States and growing consciousness to opt for plastic surgery are some of the major reasons for the growth of the plastic surgery market in North America. Europe is the second-largest plastic surgery market in the world. This is primarily due to the growing popularity of surgery procedures. The Asia Pacific is anticipated to grow at a beneficial rate during the forecast period owing to the increasing adoption of western culture among the majority of the population in the region.
Plastic Surgery Market: Competitive Landscape
The global plastic surgery market comprises the players such as Allergan, Inc., Alma Lasers, Ltd., Cutera, Inc., IRIDEX Corporation, Johnson & Johnson, Lumenis Ltd., Genesis Biosystems, Inc., Merz Aesthetics, Inc., Smith & Nephew plc, and Syneron Medical Ltd.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the Plastic Surgery.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.