According to the recent research report titled ‘GLOBAL Cosmetic Surgery And Procedure Market 2019-2027’, available with Market Study Report, global cosmetic surgery and procedure market is projected to record 5.70% CAGR over 2019-2027.
 

Booming elderly population, rising disposable income, and increasing medical tourism are the key factors propelling global cosmetic surgery and procedure market growth. Growing awareness about the benefits and process of aesthetic treatment is also contributing to the overall market outlook.
 

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Escalating demand for energy-based liposuction techniques, along with soaring cosmetic surgeries are also adding impetus to the market expansion.
 

Coming to the restraints, increasing explant procedures, availability of substitute treatments, and side-effects related to breast implants are anticipated to hamper worldwide cosmetic surgery and procedure industry revenue over the forthcoming years.
 

In addition, hefty cost of aesthetic treatment, and reimbursement issues are likely to further impede the business expansion, negatively impacting the remuneration scale of the industry.
 

With respect to type, the market is split into surgical (breast augmentation, liposuction, eyelid surgery, tummy tuck, breast lift, and others) and non-surgical (photo-rejuvenation, microdermabrasion, chemical peel, laser hair removal, dermal fillers, botulinum toxin, and others).
 

Considering the geographical ambit, Asia Pacific cosmetic surgery and procedure industry is expected to register a decent growth over the coming years, owing to surging demand for such procedures and increasing number of cosmetic clinics, especially in economies like India and China.
 

Inclination towards improve physical appearance among individuals, upward trend in economy, increasing healthcare expenditure, and new contenders in the region are further adding impetus to APAC market expansion. Additionally, growing budget for technological advancements, and rising cognizance about minimally invasive procedures are also swaying the business dynamics forward.
 

Leading firms impacting global cosmetic surgery and procedure market trends are Merz Pharma GmbH & Co. KGaA, Lumenis Ltd. (Xio Group), Bausch Health Companies Inc. (Valeant Pharmaceuticals), Johnson & Johnson Services Inc., Alma Lasers (Shanghai Fosun Pharmaceutical), Ipsen Pharma Biotech SAS, Nestle SA, Allergan Inc., Sientra Inc., Cynosure (Hologic Inc.), Galderma (EQT AB), Cutera Inc., Sinclair Pharma Ltd., and Candela Corporation (Syneron Medical Ltd.).