Reports
Plastic Surgeries Market: overview
Demands in plastic surgeries comprising mainly reconstructive and cosmetics surgeries have undergone vast changes in response to societal standards. The plastic surgeries market has been enriched prominently by interventions whose aim is to modify or remove body imperfections or enhance the appearance. The aim of plastic surgeries has moved away from use of surgeries for rehabilitation or care among patients as well as surgeons. Expanding role of plastic surgeries in global health echoes the glaring paucity of well-trained plastic surgeons in countries with low resource settings. On the other hand, the healthcare industry has seen players leaning toward making cosmetic and reconstructive surgical care cost-effective, a crucial factor in propelling the growth prospects in the market. Greater participation of plastic surgery community and the adoption of technologies with potential of sustainable global surgical care are bolstering the prospects in developing countries.
Over the past few years, plastic surgical intervention to treat a range of disease conditions that can bring death and disability is a key driver for the demand in low and middle income countries. The factor expands the canvas for various industry players in the market, since these countries have a marked shortage of plastic surgeons. A sizable chunk of demands come from crash injuries such as from trains and natural calamities such as earthquakes. Growing focus of policy makers in this direction will boost the growth potential of the market.
Plastic Surgeries Market
Plastic surgery is a surgical specialty involving the restoration, reconstruction, or alteration of the human body. It can be divided into two main categories: reconstructive surgery and cosmetic surgery. Reconstructive surgery includes craniofacial surgery, hand surgery, microsurgery, and the treatment of burns. While reconstructive surgery aims to reconstruct a part of the body or improve its functioning, cosmetic (or aesthetic) surgery aims at improving the appearance of it.
In plastic surgery, the transfer of skin tissue (skin grafting) is a very common procedure. Skin grafts can be derived from the recipient or donors: Autografts are taken from the recipient. If absent or deficient of natural tissue, alternatives can be cultured sheets of epithelial cells in vitro or synthetic compounds, such as integra, which consists of silicone and bovine tendon collagen with glycosaminoglycans. Allografts are taken from a donor of the same species. Xenografts are taken from a donor of a different species. Usually, good results would be expected from plastic surgery that emphasize careful planning of incisions so that they fall within the line of natural skin folds or lines, appropriate choice of wound closure, use of best available suture materials, and early removal of exposed sutures so that the wound is held closed by buried sutures.
Reconstructive plastic surgery is performed to correct functional impairments caused by burns; traumatic injuries, such as facial bone fractures and breaks; congenital abnormalities, such as cleft palates or cleft lips; developmental abnormalities; infection and disease; and cancer or tumors. The goal of reconstructive plastic surgery is to restore both form and function.
Global Plastic Surgery Market: Overview
Science is the mother of all the development. Technology, today, is so deeply integrated in human’s life that without its aid, one cannot imagine leading life peacefully. Healthcare is one of the several sectors that has benefitted immensely from the advancements in science and technology. Of the many well-known innovations, of it is plastic surgery. It came as a boon to people who suffered near-fatal accidents that led to deformities. In the last few years, the global plastic surgery market has picked up pace and is predicted to gain more momentum in the coming years.
The global plastic surgery market is segmented based on end-user, procedure, and region. The procedure segment is further classified into surgical and non-surgical. Both these segments can be further divided into multiple sub-categories. It is believed that the procedure segment will hold the maximum share of the overall market for plastic surgeries.
Global Plastic Surgery Market: Key Trends
Development of healthcare is the primary factor that stems growth in the global plastic surgery market. The availability of complicated tools for surgery, better drugs, and better-equipped physicians all contribute to the rising demand for procedures in the global market for plastic surgeries.
At the same time, the growing awareness among people is another benefit for players in the global plastic surgery market. Social media has a major role play here as information is available at click of a button. As literacy levels climb, and people get exposed to information pertaining to health, the consumption of procedures in the global plastic surgery market will steadily rise.
The third aspect that stimulates growth is the inclusion of plastic surgery in health insurances. Over the years, insurance companies have realized that plastic surgery is no longer a luxury, but a necessity. As a result, they have begun including selected procedures that fall under plastic surgery. This has allowed people to take up procedures, thus rising consumption in the global plastic surgery market.
While there are several factors that augment growth, some aspects could restrict development in the plastic surgery market. Some procedures are complicated and could have other health consequences. Besides, a few surgeries are expensive and thus cannot be afforded by layman. However, the growing demand from the modelling industry will augment growth in the global plastic surgery market.
Global Plastic Surgery Market: Geographical Distribution
When it comes to regions, the global market for plastic surgery will be dominated by North America. The presence of developed healthcare infrastructure, higher spending capacity of people, and prominence of the pharmaceutical industry will drive growth in this region. Europe is expected to remain a close second in terms of growth. At the same time, players in the global plastic surgery market are expecting Asia Pacific to catch up pace in the coming years. Developing countries like India and China mount focus on healthcare, and this will augment growth in this region.
Global Plastic Surgery Market: Competitive Landscape
Companies in the global plastic surgery market are sustaining on innovation and cost-reduction. Major players are rolling out products that ear easy-to-use and require less effort from the patient. As a result, research has scaled up in many pharmaceutical companies, instilling stringent competition among prominent brands. Some of the big names in the global market for plastic surgery include Allergen, Merz Pharma, Cutera, Johnson & Johnson Services Inc., Sientra Inc., Cynosure, Inc., Ipsen Pharmaceuticals, and Alma Lasers.
The global plastic surgery market is segmented based on
Procedure
End user
Geography
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