Market outlook of plastic surgery products

Technavio’s research analyst predicts the global plastic surgery products market to account for a CAGR of over 9% during the forecast period. One of the major drivers for market growth is the rising importance of plastic surgery products.  Plastic surgery has grown significantly over the years with people increasingly focusing on improving their physical appearance. The presence of minimally invasive cosmetic procedures has also increased the use of facial rejuvenation products, breast implant procedures, and facial implantation.

The growing adoption of laser in aesthetics is another major factor leading to the growth of the market. Lasers are used to treat a broad range of conditions including skin photodamage, dyschromia, wrinkles, unwanted hair and tattoo removal, body contouring, acne, warts, and facial vein removal. Most of these treatments are cost-effective compared to conventional surgical procedures. Thus, the increasing popularity of laser-based treatments will increase the adoption of laser procedures in the market, thereby leading to the overall market growth.

Product segmentation and analysis of the plastic surgery products market

• Injectables
• Implants
• Equipment

The implants segment accounted for the major share of the market, with almost 38% of the total market in 2015, and is expected to show a steady growth over the next five years. The implants segment consist of surgeries such as breast implants, facial implants, nose implants, and ear implants, of which the facial implants segment is the fastest growing segment due to the growing demand for chin and cheek plastic surgeries.

Geographical segmentation and analysis of the plastic surgery products market

• Americas
• APAC
• EMEA

The Americas occupied the largest share in the plastic surgery products market in 2015, with North Americas being the major revenue contributor. The market in this region is growing at a significant rate due to high demand for cosmetic surgeries, an ageing population, and an increase in demand for minimal and non-invasive surgical aesthetic procedures.

Competitive landscape and key vendors

The global plastic surgery products market is characterized by aggressive innovation, mergers, acquisitions, product extensions and product launches. Also, the market is witnessing a rising demand for various aesthetics procedures, hence, it opens up vast opportunities for new and upcoming vendors to enter the market and cater to this demand.

The leading vendors in the market include -

• Allergan
• Cynosure
• DePuy Synthes
• Galderma
• Syneron Medical
• Stryker

Some of the other prominent vendors of the market include Alma Lasers, AQTIS Medical, Body BeneFits, CEREPLAS, Chromogenex, Coherent, ColBar LifeScience, CoolTouch, Cosmoderm, Cutera, Deka Laser Technologies, Ellipse, Ellman International, EndyMed, Energist North America, Erchonia, Guangzhou Wanhe Plastic Materials, Hans Biomed, Ideal Implant, Implantech, Laboratory Obvieline, Lumenis Sientra, Mentor, Merz Aesthetics, Pollogen, POLYTECH Health & Aesthetics, Quanta System, Qufu Guanglong Biochem, SciVision Biotech, Silimed, Suneva Medical, Techderm, Ulthera, and ZELTIQ Aesthetics.a

Key questions answered in the market research report

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global plastic surgery products market?
• What are the key market trends impacting the growth of the global plastic surgery products market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the global plastic surgery products market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What is the key outcome of the five forces analysis of the global plastic surgery products market?

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