Plastic surgery and procedural devices Market size to grow by $7.95 billion from 2024 to 2028. Rising prevalence of medical conditions requiring cosmetic procedures is driving the market, Technavio

NEW YORK, June 20, 2024 /PRNewswiwi/ — The global market for cosmetic surgery and treatment devices is expected to grow in size $7According to Technavio, 0.95 billion in 2024–2028. The market is estimated to grow at a CAGR of approximately 10.45% during the forecast period. The increasing incidence of diseases requiring cosmetic treatments is driving the market development, with a trend towards technological progress. However, the challenge is the high treatment costs of cosmetic procedures. The key players in the market include AbbVie Inc., Alma Lasers Ltd., Bausch Health Companies Inc., Chadda Surgicals, Conmed Corp., Cutera Inc., Cynosure LLC, Fotona doo, Galderma SA, Genesis Biosystems Inc., Henry Schein Inc., Hologic Inc., Lipoelastic AS, Lumenis Be Ltd., Merz Pharma GmbH and Co KGaA, Sciton Inc., Sientra Inc., Symatese, The Cleveland Clinic Foundation and Westlake Dermatology PA.

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Market driver

The plastic surgery and treatment device market is experiencing significant growth due to technological advancements. Sellers are introducing new solutions such as laser lipolysis and minimally invasive facial rejuvenation treatments. Individual implants made in various sizes, styles and materials allow for natural results. Popular implants include saline-filled implants and jelly implants. Non-invasive body contouring devices such as Cutera’s truSculpt 3D and hyaluronic acid dermal fillers such as Galderma’s Restylane Refyne and Defyne are also driving market growth. Laser technology, including fractional lasers, is increasingly being used to treat moderate to severe skin problems and eyelid tension. These technological advancements are positively impacting the global cosmetic surgery and treatment device market.

The story continues

The plastic surgery and treatment device market has experienced significant growth recently. Clinics and hospitals use advanced technology and equipment for procedures such as face lifting, body shaping and skin rejuvenation. These procedures require precision and consistency, which makes device innovation crucial. Technological advances have led to the development of minimally invasive devices such as laser systems, radiofrequency devices, and injectable fillers. These devices provide faster recovery times and better results. Moreover, the trend towards non-surgical treatments has stimulated the market for devices such as chemical peels, microdermabrasion systems and thread lifting. The use of these devices allows for individual treatment and minimal recovery time. Moreover, the growing awareness and acceptance of cosmetic treatments has led to an increase in demand for these devices. Companies are investing in research and development to create more effective and efficient devices to meet this demand. In summary, the plastic surgery and treatment device market is booming due to technological advancements, the rise in popularity of non-surgical procedures, and the growing acceptance of cosmetic procedures.

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Market challenges

• The plastic surgery market faces significant cost challenges related to advanced technologies, surgeon and anesthesiologist fees, facility costs, and drugs that increase treatment prices. In the USA, abdominoplasty costs money $7,500liposuction $2,750and full body lifting $30,000. Facial treatments such as face lift cost $9,000while laser hair removal sessions range from $325 Down $750depending on the body area. Breast reconstruction costs vary, including the cost of implants $20,000 on both breasts and full reconstruction in the surrounding area $125,000. Insurance coverage for these procedures is inconsistent, limiting access for many potential patients. These high costs hamper the market growth during the forecast period.

• The plastic surgery and treatment device market faces several challenges. Technological progress in devices requires continuous investment in research and development. Regulations and compliance with safety standards increase costs. The trend towards minimally invasive procedures forces the development of new tools and techniques. Competition from alternative treatments and growing consumer awareness of risks also pose challenges. Cost containment is an important issue as the prices of procedures and devices continue to rise. Furthermore, the global nature of the market requires consideration of various cultural and ethical issues. Other challenges include sourcing high-quality raw materials and maintaining consistent supply chains. Overall, the plastic surgery and treatment device market requires innovative solutions to meet these challenges and remain competitive.

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Segment overview

This plastic surgery devices and procedures market report extensively discusses the market segmentation by

1. Type

Sex

Geography

• 3.1 North America

• 3.2 Europe

• 3.3 Asia

• 3.4 Rest of the World (ROW)

1.1 Non-surgical procedures- The plastic surgery and treatment devices market is experiencing significant growth due to increasing consumer demand for aesthetic enhancements. Key players in this industry include Allergan, Johnson & Johnson and Merz Pharma. These companies invest in research and development to introduce innovative devices and techniques. The market is driven by factors such as rising disposable incomes, growing awareness about personal appearance and advancements in medical technology. Devices such as dermal fillers, laser systems and surgical instruments are in high demand. The market is expected to continue to grow in the coming years.

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Research analysis

The cosmetic surgery and treatment device market includes a range of technologies and treatments aimed at improving physical appearance by solving a variety of skin and body contouring concerns. This market includes both invasive and non-invasive procedures, such as surgical methods such as liposuction and breast augmentation, and non-surgical options such as fat freezing technology, soft tissue fillers and Botox injections. Aesthetic devices from companies such as Cutera, AviClear, Cynosure and Airsculpt Technologies use advanced technologies such as PicoSure Pro and laser energy to provide skin revitalization, removal of unwanted pigmentation and reduction of cellulite. Non-surgical procedures, such as chemical peels and dermal fillers, and invasive procedures, such as nose reshaping, continue to grow in popularity due to their ability to address many issues related to obesity rates and physical appearance. The market for these devices and procedures continues to grow, with ongoing research and innovation driving new treatments and technologies.

Market research review

The plastic surgery devices and devices market includes a wide range of technologies and instruments used in a variety of aesthetic treatments. These devices include surgical and non-surgical tools such as lasers, radiofrequency systems, fillers and implants. The market is driven by the growing demand for minimally invasive treatments and growing awareness of improved aesthetics. Technological advancements in device design and manufacturing have led to more precise and effective treatments, driving further market growth. Additionally, the aging population and the desire to look young are important factors contributing to market expansion. The market is segmented by product type, application and end user, with global reach and continuous growth prospects.

Contents:

1 Summary
2 Market landscape
3 Market size
4 Historical market size
5 Five Forces Analysis
6 Market segmentation

7 Customer landscape
8 Geographic landscape
9 Factors, challenges and trends
10 Company landscape
11 Company analysis
12 Annex

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