Plastic Surgery and Integumentary System Procedures Market Highlights
The global plastic surgery and integumentary system procedures market is slated to grow phenomenally during the forecast period (2016 to 2022), states Market Research Future (MRFR).
Plastic surgery is a medical procedure to alter, correct or restore skin on any part of the body. In simple words, plastic surgery is performed as a reconstructive procedure or cosmetic procedure.
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An increasing number of geriatric people coupled with growing demand for retaining youth and beauty has been the key driver for the global plastic surgery and integumentary system procedures market. For instance, according to a study done in August 2018, plastic surgeons note that an increasing number of people are suffering from body dysmorphic disorder (BDD), due to excess use of Snapchat, thus opting for plastic surgeries to look exactly like how they look on the app.
Moreover, technological advancement in surgeries and growing number of obese people have also propelled the growth of the global market. Case in point is a simple yet innovative method that has been developed by a Columbia Engineering team in August 2018, which directly converts white fat to brown fat outside the body, which is then re-implanted in a patient.
However, low economic growth in few regions across the globe could deter the market growth, as these procedures are highly priced. On the other hand, increasing media exposure, rising use of social media, which in turn influences the youth to opt for such procedures work in favor of the market growth. Growing demand for procedures such as laser therapy, chemobrasion, cryosurgery and such has also been highly instrumental in the phenomenal market performance.
Key Players for Global Plastic Surgery and Integumentary System Procedures Market
- Allergen Inc.,
- Cynosure Inc.,
- Alma Lasers,
- Lumenis,
- Galderma,
- Merz Pharma,
- Allergan,
- Valeant Pharmaceuticals,
- Sanofi,
- Integra Lifesciences,
- Scivision Biotech Inc.
Industry News
- August 2018 – Aesthetic Clinique (U.S) has introduced a new approach to sculpting and toning the abdomen and gluteal muscles with Emsculpt. It is the first and only non-invasive body shaping procedure that simultaneously addresses both muscle and fat. In simple words, this technology helps in gaining muscles and losing fat in the body.
Regional Analysis for Global Plastic Surgery and Integumentary System Procedures Market
The global plastic surgery and integumentary system procedures market is segmented into the regions of North America, Europe, Asia-Pacific, and the Middle East & Africa.
Globally, North America is projected to claim the largest market share, continuing its lead over the forecast period due to the early adoption of advanced medical technologies, growing awareness about the surgical procedures, accelerated growth of geriatric population and changing lifestyle, high expenditure on healthcare sector by government sectors, and growing demand for cosmetic procedures.
The Europe market stands at the second position with the second largest market share in the global market. This feat can be attributed to government funding and thriving healthcare sector along with increasing research and development. Furthermore, an increasing number of surgeries owing to changing lifestyles is contributing to the regional market growth to a large extent.
The growth of the market in Asia Pacific is projected to be at the fastest rate in the foreseeable future on account of the improving healthcare infrastructure, high access to technology, budding medical tourism, and availability of high-quality services.
The market in the Middle East and Africa is expected to capture the smallest share of the global plastic surgery and integumentary system procedures market. This abysmal market performance is due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities. Low economic growth in the region also doesn’t offer any growth potential to the market.
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