Cosmetic Surgery Market to be worth US$48.96 billion by 2021

NOIDA, India - Oct. 26, 2016 - PRLog -- Knowledge Sourcing Intelligence announces the publication of a new report "Cosmetic Surgery Market - Forecasts from 2016 to 2021 " to their offering. The report has segmented the Cosmetic Surgery market by type (surgical, non-surgical and liposuction), by body part (face and head, breast, body, and extremities), and by geography. The global cosmetic surgery market will grow from US$32 billion in 2015 to US$48.96 billion by 2021, at a CAGR of 7.35%

Cosmetic surgery is a medical procedure undertaken by individuals to alter their physical appearance. The surgery may be surgical or non-surgical depending on the method desired. A person may undergo a cosmetic procedure either for reduction, augmentation, lifting or improvement of a body part. The market for cosmetic surgery has seen a significant rise over the years, driven by advancement in surgical procedures, rising incomes, expanding urbanization, cultural effects of global integration and rise in specialized surgeons.

Surgical cosmetic procedures account for the largest market size, while cosmetic surgery of the face and the head remains the dominant segment by body part.

The surgical cosmetic procedure has gained a large market share owing to technological advancement and availability of trained surgeons. The ability of surgical procedures to provide long-term solutions with greater efficacy has made it a preferred option over the years. By body part, face and head procedures dominate the market, of which eyelid surgery is a major segment. This is in corroboration with the fact that cosmetic surgery is primarily driven by ageing population and eyes may be considered a primary focus of the aesthetic appeal.

Asia Pacific to witness the fastest regional market growth between 2015 and 2021

Asia Pacific region is anticipated to witness the highest growth during the forecast period. This growth is attributed to growing awareness regarding the surgery, enhanced technology spill over from mature markets, rising healthcare expenditures and availability of trained surgeons.

The key players of global Cosmetic surgery market covered in this report include Sanofi S.A, Valeant Pharmaceuticals International, Lumenis Ltd., Genesis Biosystems, Inc., Covidien plc.,  A.P. Pharma, Inc. (Dermik Laboratories),  Zeltiq Aesthetics Inc, and Cynosure, Inc.

This report contains the market analysis on the current trends in the Cosmetic Surgery Market and the opportunities for the vendors over the next six years. It provides deep insights into the drivers and restraints of the industry. Cosmetic Surgery Market report also consists of in-depth regional analysis. A lot of statistically relevant tools and detailed industry analysis models such as scenario analysis have been used to forecast the market trends and forecasts up to the year 2021.

The report also talks about the strategies adopted by the industry leaders to gain an advantage over competitors and the recent deals that they have gone into to position themselves better in this market.

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