The Surgical Rejuvenation Market size is forecast to reach $6.9 billion by 2025, growing at a CAGR of 5.61% during the forecast period 2020-2025. Surgical rejuvenation is a medical method focused on the practical reversal of the aging process or repair of impaired tissue with new tissue. The early appearance of the elderly and increasing adoption of less painful minimally invasive rejuvenation techniques and easier access to treatments is the major factor driving the growth of the market. Rising affordability and growing awareness of new innovative and less painful techniques are set to further enhance the overall market demand for the Surgical Rejuvenation Market during the forecast period 2020-2025.
Surgical Rejuvenation Market Segment Analysis – By Type
The Facial Rejuvenation held the largest share in the Surgical Rejuvenation Market in 2019 and is estimated to grow at a CAGR of 6.34% during the forecast period 2020-2025. Facial rejuvenation is a cosmetic treatment (or series of cosmetic treatments), which aims to restore a youthful appearance to the human face. Procedures can vary in invasiveness and depth of treatment. Surgical procedures can restore facial symmetry through targeted procedures and facial restructuring and skin alterations. Its procedures should be undertaken by specialty-trained surgeons only after thoroughly informing the patient of the risks, benefits, alternatives, and realistic outcomes of surgery. The surgeon must screen the patient’s psychological stability and his or her ability to comply with the postoperative regimen, including dressings, activity restrictions, and follow up. Treatment of the aging neck should focus on restoring a youthful shape and contour of the neck. During the aging process, neck skin loses elasticity, pre- and subplatysmal fat becomes abundant, and platysmal atrophy with decussation occurs. Goals of treatment should include redefining an ideal cervicomental angle, eliminating submental fullness, improving skin laxity, eliminating platysmal banding, improving jowling, enhancing the definition of the mandibular border, and finally correcting chin projection or other bony abnormalities. Facial Rejuvenation is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
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Surgical Rejuvenation Market Segment Analysis – By End Users
The Hospitals held the largest share in the Surgical Rejuvenation Market in 2019. An increase in the number of hospitals with state-of-the-art facilities, rapid growth in the number of plastic surgeons, and increasing hospital admissions for vaginoplasty and labioplasty surgeries will augment the market growth The specific type of treatment that will best address the concerns are determined after a consultation with the board-certified plastic surgeon in hospitals. Most skin treatments require a series of treatments and a multi-modality approach to achieving excellent results.. The Hospitals are set to be the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025.
Surgical Rejuvenation Market Segment Analysis – By Geography
North America dominated the Surgical Rejuvenation Market in 2019 with a share of more than 34.22%, followed by the Europe owing to technical developments in the medicine and surgery field. These developments have enabled surgeries to be non-invasive and less painful. As the financial condition has gradually improved, the disposable income in the hands of the citizen has also improved drastically. Thus, increasing the growth of the Surgical Rejuvenation Market in this region.
However, Europe is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the rising development and increase in income along with the growing healthcare industry. The presence of a large patient pool population, higher adoption of facial rejuvenation products, and increased spending on cosmetic procedures is also increasing the growth of the Surgical Rejuvenation Market in this region.
Surgical Rejuvenation Market Drivers
Rising Adoption of Minimally Invasive Procedures and Combination Therapies
Rising Adoption of Minimally Invasive Procedures and Combination Therapies is increasing the growth of the Surgical Rejuvenation Market. With the advancements in cosmetic treatments, several consumers are preferring least invasive, less painful procedures. From minimally invasive injectables to non-invasive topical skin treatments, facial rejuvenation treatments have hugely evolved from equipment-based procedures, further complementing the growing adoption of facial rejuvenation treatments among patients with specific cosmetic concerns, the most common being anti-aging. The long-lasting effect of treatments with clinically-approved products results in much higher adaptability and retains the trust of patients. However, irrespective of the delivery system, growing awareness among patients is resulting in increased facial rejuvenation procedures in private clinics rather than hospitals. Thus, increasing the growth of the Surgical Rejuvenation Market during the forecast period 2020-2025.
Deeper penetration of beauty merchandise
Deeper penetration of beauty merchandise is increasing the growth of the Surgical Rejuvenation Market. When considering facial rejuvenation treatments, it is important to have a partnership with a real board-certified plastic surgeon who is an expert in facelift surgery and understands the science of facial aging. A growing population of healthy, active older women who want to look as young as they feel has spurred the development of skin rejuvenation techniques that are more subtle and have much shorter recovery times than facelifts. Thus, increasing the growth of the Surgical Rejuvenation Market during the forecast period 2020-2025.
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Surgical Rejuvenation Market Challenges
Lack of standardized regulations, absence of documented, and approved product effectiveness
Some of the factors that is set to impede the growth of the Surgical Rejuvenation Market are lack of standardized regulations, absence of documented, and approved product effectiveness.
Surgical Rejuvenation Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Surgical Rejuvenation Market. In 2019, the Surgical Rejuvenation Market share is consolidated by the top ten players present in the market. Surgical Rejuvenation Market, the top 10 companies are Merz GmbH & Co. KGaA, Lumenis, Mentor Worldwide LLC, Cynosure, Inc., Gal derma S/A, Alma Lasers, and Strax Rejuvenation among others.
In August 2016, Merz GmbH & Co. KgaA acquired On Light Sciences, is medical device company developing technologies to enhance laser-based dermatologic procedures.
North America dominated the Surgical Rejuvenation Market in 2019 owing to technical developments in the medicine & surgery field and increased spending on cosmetic procedures. The Surgical Rejuvenation Market scope for different regions will be provided in the final report.
Deeper penetration of beauty merchandises in the local market and lack of lubrication is likely to aid in the market growth of the Surgical Rejuvenation Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Surgical Rejuvenation Market report.
Lack of standardized regulations, absence of documented, and approved product effectiveness are poise to create hurdles for the Surgical Rejuvenation Market.
Related Reports :
A. Non-Surgical Rejuvenation Market
B. Cosmetic Surgery And Procedure Market
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