, By Product (Injectables, Implants, Equipment, Others), Application (Breast, Facial, Body, Neck, Others), End-User (Hospitals, Ambulatory Surgical Centers, Clinics, Universities, and Research Centers), and Region.
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, the growth of the Cosmetic Surgery Products market is primarily driven by an increasing number of cosmetic surgeries being performed across the globe. Growing personal appearance consciousness among consumers coupled with rising per capita disposable income is expected to drive the market growth at a significant rate during the review period. In addition to this, increasing medical tourism in developing countries is likely to create lucrative opportunities for the players operating in the global cosmetic surgery products market in the coming years.
Market Segments' Analysis
By end-user, the cosmetic surgery products market has been bifurcated into hospitals, ambulatory surgical centers, clinics, and universities & research centers. The hospital segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment can be attributed to the availability of required infrastructure and technical expertise.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to expanding geriatric populace coupled with the presence of key market players such as Cynosure (US) and DePuy Synthes (US). The market growth in Asia-Pacific is expected to be driven by an increasing number of cosmetic surgeries and rising medical tourism in developing countries.
The following are the key players in the Cosmetic Surgery Products market
· Allergan, Inc. (Ireland)
· Cynosure (US)
· DePuy Synthes (US)
· Galderma S.A. (Switzerland)
· Syneron Medical Ltd. (US)
· Alma Lasers Ltd (Israel)
· Stryker Corporation (US)
· Cutera, Inc. (US)
· Iridex Corporation (US)
· Johnson & Johnson (US)
· Lumenis Ltd (Israel)
· Genesis Biosystems (US)
· Merz Pharma GmbH & Co. KGaA (Germany)
· Sanofi S.A. (France)
· Smith & Nephew plc (UK)
· Syneron Medical Ltd (US)
· Bausch Health Companies Inc. (Canada)
· Cynosure (US).
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Cosmetic Surgery Products market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Cosmetic Surgery Products market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
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