The global Plastic Surgery Instruments market size is expected to be worth around US$ 2.5 billion by 2028, according to a new report by Vision Research Reports.
The global Plastic Surgery Instruments market size was valued at US$ 962.10 million in 2020 and is anticipated to grow at a CAGR of 8.10% during forecast period 2021 to 2028.
Increasing number of surgical procedures coupled with technological advancements is anticipated to drive the market. Moreover, increasing awareness about plastic or reconstructive surgeries and improving affordability of related healthcare services are expected to aid growth over the forecast period.
Several key players are investing on R&D to launch innovative products. Moreover, rise in disposable income, improvement of standard of living, high social media influence, and increase in awareness among people are some of the factors boosting the number of surgical procedures. Plastic and reconstructive surgeries are performed mainly to restore tissue function and improve the body’s appearance caused by trauma, burns, birth disorders, or any other disease.
On the basis of product, the market is segmented into handheld surgical instruments and electrosurgical instruments. Handheld surgical instruments held the largest share in 2018. The segment is expected to grow at a CAGR of 9.6% over the forecast period. Handheld surgical instruments can be categorized into forceps, retractors, graspers, auxiliary instruments, cutter instruments, elevators, chisels & gouges, cannulas, dissectors, and sutures & staplers. Electrosurgical instruments are divided into monopolar and bipolar instruments.
In the handheld surgical instruments segment, forceps held the largest share and is growing at a CAGR of 7.10% over the forecast period. Rising awareness about various surgical procedures, an increasing number of plastic surgeries, and technological advancement are factors driving the market. In addition, monopolar instruments dominated the electrosurgical instruments segment with over 50% share in 2020. The rise in plastic surgery procedures, an increase in the number of plastic surgeons, and high technological advancement are factors boosting growth.
On the basis of procedures, plastic surgery instruments market is segmented into face & head, breast, body & extremities, and reconstruction surgeries. According to statistics by the American Society of Plastic Surgeons, over 1.8 million surgeries were performed in the U.S. in 2020, of which breast augmentation, liposuction, and eyelid & tummy tuck surgeries were most commonly performed.
Signs of aging such as wrinkles, lack of skin elasticity, and dark spots start appearing between 25 and 30 years of age and become more prominent from 30 to 65 years of age. Moreover, there was a rise of 200% in minimally invasive cosmetic procedures in the U.S. since 2000. Most minimally-invasive surgeries involve the use of surgical instruments, thereby propelling the market growth. Face and head procedures accounted for the highest market share in 2020. This can be attributed to the global presence of large geriatric population, increase in demand for plastic surgeries among teenagers, and high social media influence.
North America dominated the market in 2020 and is expected to maintain its position during the forecast period. Major factors contributing to this growth are favorable reimbursement policies, presence of key players, and an increase in the number of government initiatives, providing access to advanced devices for plastic surgery & training sessions for physicians. In 2015, Global Surgery Initiative was launched by the department of surgery at Massachusetts General Hospital to help establish international partnerships and enhance medical technology for conducting surgeries efficiently.
Sklar Surgical Instruments; Zimmer Biomet holdings, Inc.; B. Braun Melsungen AG; Blink Medical Ltd.; Bolton Surgical Ltd.; Integra Life Sciences; TEKNO-MEDICAL Optik-Chirurge GmbH; Karlz Storz; BMT Medizintechnik GmbH; Anthony Product, Inc.
Handheld Surgical Instruments
Chisels and Gouges
Sutures and Staplers
Face and Head Procedures
Face and Neck Lift Surgery
Face and Bone Contouring
Body and Extremities Procedures
Upper and Lower Body Lift
Middle East & Africa
The Plastic Surgery Instruments market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Plastic Surgery Instruments market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Plastic Surgery Instruments market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Plastic Surgery Instruments market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Plastic Surgery Instruments market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Plastic Surgery Instruments capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Plastic Surgery Instruments by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Plastic Surgery Instruments market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Plastic Surgery Instruments market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Plastic Surgery Instruments market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Plastic Surgery Instruments industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Plastic Surgery Instruments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Plastic Surgery Instruments market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Plastic Surgery Instruments market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Plastic Surgery Instruments market. These factors have benefited the growth of the global market for Plastic Surgery Instruments. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Plastic Surgery Instruments. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Plastic Surgery Instruments are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Pulse Electromagnetic Field Therapy Devices Market (By Power: Low Frequency, High Frequency; By Application: Pain Management, Bone Growth; By End-use: Hospitals, Home Care Settings) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Hospital Consumables Market (By Product: Disposable Medical Gloves, IV Kits, Medical Gauze & Tapes, Disposable Syringes, Sharps Disposable Containers, Catheters, Non-woven Disposable Products, Surgical Blades, Medicine Cups, Cannula, Guidewires, Thermometer, Stethoscope, Glucometer Strips, IV Solutions) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Rat And Mouse Model Market (By Type: Knockout, Knock-in, Outbred, Inbred; By Technology: Nuclear transferase, Microinjection, Embryonic stem cells, CRISPR/Cas9; By Service: Cryopreservation, Breeding, Rederivation, Genetic testing, Quarantine depending; By Application: Cardiovascular diseases, Genetic diseases, Cancer, Infectious diseases, Transplantation, Toxicology studies; By End-use: Pharmaceutical companies, Academic and research facilities, Biotechnology companies, Contract research & manufacturing organizations) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Healthcare ERP Market (By Function: Inventory and Material Management, Supply Chain and Logistics Management, Patient Relationship Management, Finance and Billing; By Deployment: On-premises, Cloud) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...
Biotechnology & Pharmaceutical Services Outsourcing Market (By Service: Consulting, Auditing and Assessment, Regulatory Affairs, Product Maintenance, Product Design & Development, Product Testing & Validation, Training & Education; By End-use: Pharma, Biotech) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030Read more...