Gender Reassignment Surgery Market by Type, End-user and Geography - Forecast and Analysis 2023-2027

Gender Reassignment Surgery Market Forecast 2023-2027

The gender reassignment surgery market is estimated to grow by USD 321.48 million at a CAGR of 10.73% between 2022 and 2027. Favorable government legislation, like the US Affordable Care Act, supporting transgender healthcare, has significantly increased the demand for gender reassignment surgeries. With transgender individuals globally, this trend is anticipated to boost the global market for such surgeries. Government initiatives worldwide, such as India's Transgender Persons Act and Australia's Medicare inclusion plan, further contribute to market growth by providing financial support and healthcare access.

 What will the Size of the Market be During the Forecast Period?

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Market Segmentation

Technavio has segmented the market into Type (male to female and female to male), End-user (hospitals and clinics), and Geography (North America, Europe, Asia, and the Rest of World (row)). 

By Type

Based on type, the market is segmented into male to female and female to male. The market share growth of the male to female segment will be significant during the forecast period. Male to female gender reassignment surgery involves the reshaping of the male genitals into a form that has the appearance of, and to some extent, the function of female genitalia. Before any surgery, patients usually undergo female hormone therapy to make them appear more feminine, though this is not a requirement. There are associated surgeries that patients may opt to undergo, including vaginoplasty, facial hair removal, breast augmentation, facial feminization, and various other procedures.

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The male to female segment was valued at USD 231.25 million in 2017 and continued to grow until 2021. During a male to female gender reassignment procedure, parts of the original penis are used to create a sensate neo-vagina. The testicles are removed in a procedure called orchiectomy. The skin from the scrotum is used to make the labia. The erectile tissue of the penis is used to make the neo-clitoris. However, the urethra is preserved and remains functional. Sex change procedures is irreversible. Therefore, anyone who wishes to undergo a sex change operation from male to female should carefully consider the decision. Such factors will increase the market growth during the forecast period.

Regional Analysis

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North America is projected to hold a 50% share of the market in 2023. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. 

North America dominates the market when compared to other regions in 2022. Gender reassignment surgeries are performed by a multispecialty staff of surgeons, which usually includes board-certified or licensed plastic surgeons. The basic objective of these surgical procedures is to give transgender individuals the functional abilities and physical appearance of the gender that they identify with, both emotionally and psychologically. This type of surgery includes procedures such as transfeminine bottom surgery, transfeminine top surgery, transmasculine top surgery, facial feminization procedure, facial masculinization surgery, and transmasculine bottom surgery. The rise in the incidence of gender dysphoria and the increasing number of people who opt for gender reassignment surgeries are expected to drive the growth of the market in the region during the forecast period.

Insurance providers such as Aetna Inc. (Aetna) and Unicare provide insurance for necessary surgical procedures, such as bilateral salpingo-oophorectomy, hysterectomy, orchiectomy, or ovariectomy. Therefore, the improving reimbursement scenario is expected to positively impact the growth of the regional market during the forecast period. 

Market Dynamics

The Gender Reassignment Surgery Market is witnessing significant growth due to a rising prevalence of gender dysphoria cases and advancements in sex change surgeries. As awareness of gender dysphoria increases, so does the demand for gender-affirming procedures, leading to market expansion. Mental health-related issues like depression and anxiety often accompany gender dysphoria, highlighting the need for comprehensive transgender healthcare services.

Government policies in countries such as Spain and Scotland have played a crucial role in recognizing and supporting the transgender population, contributing to the market's growth. Healthcare centers are adopting advanced methods to cater to the needs of the female-to-male gender transition segment and the broader transgender population, providing pre-operative and post-operative care, hormone therapy, and mental health support. Technological advancements in gender-affirming surgeries are enhancing the quality of life for individuals undergoing these procedures. Despite the benefits, cost remains a significant consideration for many individuals seeking gender reassignment surgeries, particularly in regions like the United States. As the industry progresses, addressing cost concerns while maintaining high-quality care will be essential for ensuring continued market growth.

Key Market Driver 

The increase in the number of people opting for sex change surgeries globally is the key factor driving the global market growth.  Estimates suggest that the annual number of gender reassignment procedures conducted in the United States ranges from 100 to 500. Globally, the number of such surgeries performed is believed to be 2 to 5 times higher than in the US. The Standards of Care outlined by the World Professional Association of Transgender Health (WPATH) advocate for recommending gender surgery for individuals aged 18 and above.

As per the 2020 Plastic Surgery Statistics provided by the American Society of Plastic Surgeons (ASPS), there were 6,368 gender confirmation surgeries performed on trans females in the US, compared to 5,616 in 2019. Additionally, statistics from the International Society of Aesthetic Plastic Surgery reveal that 9.2% of plastic surgeons globally underwent gender reassignment surgery in 2020.

These figures underscore the increasing demand for gender-affirming procedures and highlight the importance of comprehensive transgender healthcare services, including pre-operative and post-operative care, hormone therapy, and mental health support, in enhancing the quality of life for individuals with gender dysphoria.

Significant Market Trend

The rising awareness among the transgender population about gender reassignment surgeries is one of the emerging market trends. There has been an increase in the demand for surgery globally. The advent of social media has provided the transgender population with a tool for increased visibility and has led to improved societal understanding and acceptance. All transgender people who wish to transition should be offered fertility consultation to explore their options, which may involve fertility preservation, such as sperm or oocyte cryopreservation.

The population of transgender people is increasing, and individuals are beginning to transition at an earlier age. Therefore, rising awareness among the transgender population about gender reassignment surgeries is expected to boost the growth of the market during the forecast period.

Major Market Challenge

The high cost of surgeries is a major challenge to the market growth. The typical total cost of a gender reassignment surgery includes the expenses incurred in the year preceding the surgery, during which hormone therapy, counseling, and living full-time as a person of the target sex is recommended. Besides this, the cost of the gender reassignment surgery includes the cost of the actual surgical procedures and follow-up care as well as ongoing costs after the surgery, including hormone therapy for life and continued doctor visits.

Apart from the cost, there are additional expenses related to medication and therapy. A year of therapy with a psychologist is compulsory before undergoing physical transition globally. Thus, the high cost of gender reassignment surgeries poses a major drawback, which can negatively impact the growth of the market during the forecast period.

Customer Landscape

The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Boston Medical Center- The company offers gender reassignment surgery such as Neovaginoplasty.

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market Companies, including:

• Andrew Ives.
• Boston Childrens Hospital
• British United Provident Association Ltd.
• Chettawut Plastic Surgery Center
• CNY Cosmetic & Reconstructive Surgery
• Costhetics Pty Ltd.
• Moein Surgical Arts
• Mount Sinai Centre for Transgender Medicine and Surgery (CTMS)
• Oregon Health and Science University
• Penn Medicine
• Phuket International Aesthetic Centre (PIAC)
• Plastic Surgery Group of Rochester
• Rumer Cosmetic Surgery 
•  Sava Perovic Foundation Surgery
• Swedish Health Services

Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The Gender Reassignment Surgery Market is experiencing significant growth driven by the increasing prevalence of gender dysphoria cases and advancements in sex reassignment procedures. As societal acceptance grows, more individuals seek gender-affirming surgical procedures to align their physical appearance with their gender identity, leading to a positive market outlook. Gender dysphoria often leads to mental health-related issues such as depression and anxiety, and sex change surgery can greatly improve confidence and quality of life.

Government policies, including transgender rights bills in countries like Spain and Scotland, are contributing to the market expansion by officially recognizing gender transitions. Healthcare centers are adopting advanced and simplified methods for female-to-male gender transition surgeries, addressing mental health disorders, and ensuring comprehensive transgender healthcare services. In the United States and globally, there's a growing acceptance of transgender individuals, leading to increased accessibility to gender-affirming surgeries. Technological advancements in surgical techniques and the support of younger generations through online communities and social media platforms are further driving growth potential in the market.

Tailored and effective procedures offered by specialized clinics and experienced surgeons are fostering a safe and supportive environment for transgender individuals. Pre-operative assessments, hormonal therapies, and post-operative support are integral parts of comprehensive transgender healthcare services, promoting trust and comfort among patients. Progressive legislation and policy changes, along with healthcare spending and insurance coverage for gender-affirming procedures, are contributing to the market's expansion. The male-to-female segment, specialized clinics, and transgender healthcare teams are areas witnessing significant end-use analysis and growth, ensuring inclusivity and sensitivity toward the LGBTQ+ community's healthcare needs.

Segment Overview

The Market forecasting report covers market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by type, end-user, and region.

• Type Outlook
  • Male to female
  • Female to male

• End-user Outlook 
  • Hospitals
  • Clinics

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia
    • China
    • India
  • ROW
    • Argentina
    • Australia
    • Rest of the world

Market Scope
Market Report Coverage	Details
Page number	149
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 10.73%
Market growth 2023-2027	USD 321.48 million
Market structure	Fragmented
YoY growth (%)	8.52
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 50%
Key countries	US, Canada, Thailand, UK, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Andrew Ives., Boston Childrens Hospital, Boston Medical Center, British United Provident Association Ltd., Chettawut Plastic Surgery Center, CNY Cosmetic & Reconstructive Surgery, Costhetics Pty Ltd., Moein Surgical Arts, Mount Sinai Centre for Transgender Medicine and Surgery (CTMS), Oregon Health and Science University, Penn Medicine, Phuket International Aesthetic Centre (PIAC), Plastic Surgery Group of Rochester, Rumer Cosmetic Surgery ,  Sava Perovic Foundation Surgery, Swedish Health Services, Thai Medical, The Cleveland Clinic Foundation, The Johns Hopkins Health System Corp., and Regents of the University of Michigan
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period.
• Detailed information on factors that will drive the growth of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the parent market.
• Accurate predictions about upcoming trends and changes in consumer behavior.
• Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW).
• Thorough analysis of the market’s competitive landscape and detailed information about companies.
• Comprehensive analysis of factors that will challenge the growth of market companies.

 

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