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Rising number of plastic surgeries related to aging is a key factor driving market revenue growth

VANCOUVER, BC, CANADA, May 25, 2023 /EINPresswire.com/ -- The global plastic surgery instruments market size is expected to reach USD 2,910.0 Million in 2032 and register a steady revenue CAGR of 8.1% during the forecast period, according to latest analysis by Emergen Research. Increasing number of plastic surgeries related to aging is a key factor driving market revenue growth. Plastic surgery deals with treatment of deformities related to face and body. These procedures are performed to change or reestablish areas of the body such as skin, maxillofacial, breast, cranio, and torso, among others.

Facelifts and other cosmetic face operations, particularly those that improve a person's profile, have increased. According to the key findings of 2021 statistics on aesthetic plastic surgery, surgical treatments increased by 54% while non-surgical procedures increased by 44%. Despite making up only 21% of all procedures, surgical procedures generated 69% of all revenue. Given these significant increases, Americans spent over USD 14.6 billion on cosmetic surgery and treatments in 2021, with surgical revenue rising by 63%. Hence, this is driving market revenue growth.

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Report Scope:

Forecast Period: 2023- 2032

CAGR: 8.1%

Base Year: 2022

Number of Pages: 250

The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

The complete regional analysis covers:

North America (U.S., Canada, Mexico

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Leading Players Profiled in the Report:

Sklar Surgical Instruments, Zimmer Biomet, KLS Martin Group, B. Braun SE, Integra LifeSciences, KARL STORZ, TEKNO-MEDICAL Optik-Chirurgie GmbH, BMT MEDIZINTECHNIK GMBH, ANTHONY PRODUCTS, INC., and Bolton Surgical Ltd.

Some Key Highlights from the Report

On 28 October 2020, MMI SpA, an Italian company dedicated to improving clinical outcomes for patients undergoing microsurgery, along with the CE Mark, launched its Symani Surgical System in Europe. A post-oncological reconstruction of pharynx and three complex, post-traumatic lower limb reconstructions were among the first four robotic procedures to be successfully finished in Florence, Italy.

The handheld instruments segment is expected to account for largest revenue share in the global plastic surgery instruments market during the forecast period. Demand for these devices is rising due to increasing adoption of cosmetic operations such as facelifts and breast augmentations.

The cosmetic surgery segment is expected to register steadily fast revenue growth rate in the global plastic surgery instruments market during the forecast period. This is due to technological developments, which have made cosmetic surgery safer and less invasive and reduced the cost of procedures.

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Emergen Research has segmented the global plastic surgery instruments market on the basis of type, procedure, end-use, and region:

· Type Outlook (Revenue, USD Million; 2019–2032)

Handheld Instruments

Electrosurgical Instruments

Others

· Procedure Outlook (Revenue, USD Million; 2019–2032)

Cosmetic Surgery

Reconstructive Surgery

· End-use Outlook (Revenue, USD Million; 2019–2032)

Hospitals

Others

In conclusion, the report is designed to provide an in-depth analysis of all the key change calculation factors that replicate the decisions that trigger the change, which pushes the player’s winning position profitable on the growth curve despite massive competition in the target Plastic Surgery Instruments market.

Key Questions Answered in the Report:

What is the growth rate of the Plastic Surgery Instruments market? What is the anticipated market valuation of Plastic Surgery Instruments industry by 2032?

What are the key growth driving and restraining factors of the Plastic Surgery Instruments market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Plastic Surgery Instruments industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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