Westford, USA, September 28, 2022 (GLOBE NEWSWIRE) — According to SkyQuest, demand for cosmetic surgery market is on the rise, with more women earning more money and looking to improve their appearance. For example, the median household income for women was $912 in 2012, which was 5 times less than that for men. However, the scenario has changed and the income has exceeded $10,000 in 2021 in the US. In addition, many women are beginning to feel more confident in themselves and want to reflect this confidence on the outside by improving their appearance. It has also been said that “more Caucasian women undergo plastic surgery because they see it as a way to conform to Eurocentric beauty standards” (Edelson). This is due in part to the strong influence of beauty magazines and social media on women today.
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Another reason for the increase in market demand for cosmetic surgery is that people are becoming more aware of what looks good on other people and are beginning to mimic that look themselves. For example, celebrities who have undergone major surgery such as breast augmentation, liposuction, eyelid surgery, and rhinoplasty.
Today, many people are concerned about their appearance, which is greatly influenced by social media activities, and see cosmetic surgery as an affordable way to achieve a more aesthetically pleasing body. In recent years, cosmetic surgeries have also become increasingly popular in developing countries. People there see beauty and perfect bodies as status symbols that can help them achieve socioeconomic parity with those with more resources.
SkyQuest, a leading market research company, has released a new report on the cosmetic surgery market. The report offers detailed market analysis and surveys on consumer behaviour, trends and preferences. The SkyQuest report is an invaluable resource for anyone considering entering the cosmetic surgery market. The report provides detailed information that will help you understand the market and make informed decisions about your business.
USA and Brazil perform more than 28% of global cosmetic procedures
More than 28 million cosmetic surgeries were performed in 2021, an increase of 4% from 2020. -The top five countries in the global cosmetic surgery market that performed the most cosmetic surgeries in 2021 were the US, Brazil, Mexico, Germany and India. These top 5 countries collectively performed more than 11.5 million procedures representing more than 41% of the market share.
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In the global cosmetic surgery market, it is no secret that Brazil and the United States are two of the most popular destinations for cosmetic procedures. In fact, both countries performed more than 25% of all global cosmetic procedures in 2021. Brazil performed around 2.3 million cosmetic surgeries and the US performed more than 5.6 million procedures in the same year.
Why are these two countries so popular for cosmetic procedures? There are a number of reasons. For starters, Brazil is home to some of the most renounced plastic surgeons in the world. As more people begin to realize that their appearance is an important part of their overall self-image, they are turning to cosmetic surgery to improve their appearance. This can be attributed to the 24,600 board-certified physicians who can perform reconstructive and cosmetic surgery in the US Meanwhile, in the Brazilian cosmetic surgery market, there are an estimated 18,520 plastic surgeons. This suggests that the US has a significantly higher number of plastic surgeons overall. However, when looking at specific areas such as head and neck surgery, breast surgery, and reconstructive surgery, Brazil produces more qualified professionals than the United States.
Increasing inclination towards minimally invasive cosmetic procedures
The number of minimally invasive cosmetic procedures is on the rise as more people are eager for less invasive methods to alter their appearance in the cosmetic surgery market. For example, in 2021, more than 15 million non-surgical cosmetic procedures were performed. Some of the most prominent procedures were laser hair removal, Botox injections, and dermal fillers that are now done through small incisions that do not require surgery. Where, more than 6.2 million procedures were performed with Botox and more than 4 million with hyaluronic acid.
This growing trend in the global cosmetic surgery market is likely due in part to the fact that these procedures are less expensive and more comfortable than traditional methods. As well as being less traumatic, minimally invasive treatments also tend to be more effective. Laser hair removal, for example, can eradicate nearly 100% of hair follicles with minimal discomfort. This makes it a popular choice among people looking for a quick fix to their cosmetic concerns. Meanwhile, Botox injections offer a wide range of benefits that make them suitable for treating a variety of problems, such as headaches and wrinkles. While minimally invasive procedures are becoming more popular, there is still room for improvement. Some people experience temporary side effects from these treatments, and others find that multiple treatments are required to achieve the desired results.
When it comes to Botox, SkyQuest’s survey of the cosmetic surgery market found that women between the ages of 25 and 44 are the most likely to have had it done, while men over the age of 55 are the least likely. The survey also shows that 58% of women and 27% of men have considered plastic surgery in the past year. Laser skin resurfacing is most popular among 35-44 year olds, while filler is most popular among 18-24 year olds. 96% of people who use fillers report that they are satisfied with the results.
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Key players in the global cosmetic surgery market
- Bausch Health Companies Inc. (Canada)
- Johnson & Johnson Services, Inc. (MENTOR) (USA)
- AbbVie Inc. (USA)
- Cutera (USA)
- Merz Pharma (Germany)
- GALDERMA (Switzerland)
- Sientra, Inc. (United States)
- Cynosure, Inc. (USA)
- Plastic Surgery Group of Long Island, PC (USA)
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