Healthcare Cosmetic Surgery Product Market | Page 2
The global cosmetic surgery product market is segmented into procedures such
as surgical procedures and non-surgical procedures. Among these segments, non-
surgical procedures segment is expected to occupy top position in overall
cosmetic surgery product market during the forecast period. Wide presence of
non-surgical cosmetic surgery service providers, lower risk are some of the key
growth drivers of the non-surgical cosmetic surgery product market. Apart from
this, lower cost of non-surgical procedures as compared to surgical procedures is
anticipated to boost the growth of the non-surgical cosmetic procedures market.
Global cosmetic surgery product market is expected to flourish at a CAGR of 5.9%
over the forecast period. Moreover, the global cosmetic surgery product market is
anticipated to garner USD 28 Billion by the end of 2021. Factors such as
increasing beauty conscious people, rise in aging population, rising disposable
income are anticipated to be the dynamic factor behind the growth of cosmetic
surgery product market.
North America dominated the overall market of cosmetic surgery product in 2016
and is projected to continue its dominance over the forecast period. Rising
adoption of cosmetic procedure by men as well as women, high healthcare
expenditure and rising awareness regarding minimally invasive aesthetic
procedures are fueling the demand for cosmetic surgery products. Asia Pacific
cosmetic surgery product market is anticipated to witness considerable growth
during the forecast period. Factors such as increasing medical tourism, growing
healthcare infrastructure are anticipated to garner the growth of cosmetic surgery
product market in the Asia Pacific region.
Increasing Awareness about Minimal Invasive Surgical Procedures
Rising awareness about the availability of aesthetic procedures is anticipated to
provide robust growth to the cosmetic surgery product market during the forecast
period. Apart from this, availability of low cost and affordable cosmetic surgical
treatments is envisioned to strengthen the market of cosmetic surgical products
during the forecast period.
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