This report provides exclusive insights into the COVID-19 impact on the Plastic Surgery Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Plastic Surgery Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Plastic Surgery Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the
plastic surgery market provides an in-depth analysis of segments and
sub-segments in the global as well as regional plastic surgery market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional plastic surgery market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of the global plastic surgery market. According to the
report, the global plastic surgery market is projected to grow at a CAGR of
7.6% over the forecast period of 2019-2025.
Plastic surgery is a surgical specialty that involves the
reconstruction of facial and body flaws due to birth, burns, diseases, and
trauma. The goal of plastic surgery is to reconstruct and enable dysfunctional
body parts to function in their normal and natural mode. The plastic surgery
market is expected to grow during the forecast period.
The rising popularity of medical tourism is a major factor
driving 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. The growing adoption of cosmetic procedures by people suffering from
medical conditions such as obesity to improve their body contours and
proportion has contributed to the significant growth of the global plastic
surgery market. Growing beauty awareness among the global population coupled
with rapidly expanding elderly population plays a vital role in the growth of
the plastics surgery market across the globe. However, the high cost of
surgeries, 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. Increasing usage of plastic surgery biomaterials
creates new opportunities for the plastic surgery market in the upcoming years.
In terms of region, the plastic surgery market is
categorized into North America, Europe, Asia Pacific, and the Rest of the
World. Among all, North America holds the maximum market share and is expected
to dominate the global plastic surgery market during the forecast period. 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
US and growing consciousness to opt for this 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 due to the growing
popularity of surgical procedures. The Asia Pacific is expected to grow at a
beneficial rate during the forecast period due to the increasing adoption of
western culture among the majority of the population.
The report on the global plastic surgery market covers
segments such as surgery, product type, and end user. On the basis of surgery,
the sub-markets include aesthetic surgery, burn surgery, craniofacial surgery,
hand surgery, microsurgery, and pediatric plastic surgery. On the basis of
product type, the sub-markets include lasers, liposuction equipment, and
injectable. On the basis of end user, the sub-markets include hospitals,
clinics, research laboratories and institutes, and ambulatory surgical centers.
The report provides profiles of the companies in the market
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.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the plastic
surgery market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.