The plastic surgery instruments global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Plastic Surgery Instruments Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The plastic surgery instruments market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increasing demand for cosmetic surgeries worldwide, rising disposable incomes in developed economies, growing awareness about aesthetic procedures, rising preference for outpatient surgical settings and increasing adoption of non-surgical aesthetic treatments.
The plastic surgery instruments market size is expected to see strong growth in the next few years. It will grow to $1.48 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing aging population seeking rejuvenation procedures, expansion of healthcare infrastructure in emerging markets, expansion of telemedicine for pre and post-operative care, technological advancements in surgical instruments and expansion of insurance coverage for cosmetic procedures. Major trends in the forecast period include shift towards robotic-assisted plastic surgeries, integration of ai and machine learning in surgical planning, rise of personalized cosmetic treatments, emphasis on eco-friendly and sustainable surgical instruments and advancements in technology for minimally invasive surgeries and technological advancements in surgical instruments.
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Scope Of Plastic Surgery Instruments Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Plastic Surgery Instruments Market Overview
Market Drivers –
The growing popularity of minimally invasive procedures is expected to propel the growth of the plastic surgery instrument market going forward. Minimally invasive procedures are medical treatments performed through small incisions, resulting in less tissue damage and faster recovery times compared to traditional surgery. The popularity of these procedures is growing due to factors such as shorter recovery periods, reduced risk of complications, improved safety, and the heightened influence of social media on personal aesthetics. Plastic surgery instruments are essential in minimally invasive procedures, enabling precise manipulation and reducing patient recovery time through small incisions and targeted techniques. For instance, in January 2024, Intuitive Surgical Inc., a US-based manufacturer of robotic products, there was around 415 da Vinci surgical systems (robotic surgical systems that use a minimally invasive surgical approach) in the fourth quarter of 2023, representing a 12% increase compared to 2022. Therefore, the growing popularity of minimally invasive procedures drives the growth of the plastic surgery instrument market.
Market Trends –
Major companies operating in the plastic surgery instrument market are focusing on developing advanced products, such as multifunctional surgical consoles, to gain a competitive advantage. A multifunctional surgical console integrates various surgical tools and technologies into a single unit, enhancing the efficiency and precision of cosmetic procedures. For instance, in January 2023, Apyx Medical Corporation, a U.S.-based energy technology company, launched the Apyx One Console, a multifunctional generator for cosmetic surgical procedures. This innovative product combines different energy modalities, allowing surgeons to perform various procedures with one device, streamlining operations and improving patient outcomes. Such advancements address the growing demand for minimally invasive surgeries and the need for enhanced surgical precision. The trend towards multifunctional and advanced instruments drives market growth despite challenges such as high costs and regulatory hurdles.
The plastic surgery instruments market covered in this report is segmented –
1) By Surgical Instruments: Scalpels, Forceps, Scissors, Retractors, Needle Holders, Other Surgical Instruments
2) By Non-Surgical Instruments: Dermabrasion Instruments, Laser Devices, Cryotherapy Devices, Electrosurgical Instruments, Other Non-Surgical Instruments
3) By Accessories: Needles, Sutures, Disposables, Cannulas, Other Accessories
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Regional Insights –
North America was the largest region in the plastic surgery instruments market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plastic surgery instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the plastic surgery instruments market are B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., KARL STORZ GmbH & Co. KG, Integra LifeSciences Corporation, KLS Martin Group, Surgicon Pvt. Ltd., Mentor Worldwide LLC, Sklar Surgical Instruments, Tekno-Medical Optik-Chirurgie GmbH, Hayden Medical Inc., Millennium Surgical Corp., Blink Medical Ltd., Bolton Surgical Ltd., Anthony Products Inc., Surgipro Inc., Surtex Instruments Ltd., MSI Precision Instruments, ECA Medical Instruments, Novo Surgical Inc., Marina Medical Instruments Inc., Ekal Surgical Works, Wexler Surgical, Marina Medical Instruments
Table of Contents
1. Executive Summary
2. Plastic Surgery Instruments Market Report Structure
3. Plastic Surgery Instruments Market Trends And Strategies
4. Plastic Surgery Instruments Market – Macro Economic Scenario
5. Plastic Surgery Instruments Market Size And Growth
…..
27. Plastic Surgery Instruments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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