Plastic Surgery Instruments Market: New Technological Shift In Global Market
Plastic Surgery Instruments Market categories the Global market by Procedure (Cosmetic (Breast Augmentation, Face, Head, Extremities), Reconstructive), Type, End User & Geography
(EMAILWIRE.COM, August 22, 2018 ) The global plastic surgery instruments market is expected to reach USD 1,479.0 Million by 2023 from USD 1,002.0 Million in 2018, at a CAGR of 8.1%. Increasing awareness and demand for cosmetic surgeries, growing number of age-related surgeries across the globe, and increasing incidence of cancer are the key drivers of the global plastic surgery instruments market.
This market is segmented on the basis of type, procedure, end user, and region.
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The handheld instruments segment is expected to dominate the market in 2018
On the basis of types, the plastic surgery instruments market is segmented into handheld instruments, electrosurgical instruments, and other plastic surgery instruments. In 2018, the handheld instruments segment is expected to account for the largest share of the market. The large share of this segment is attributed to factors such as increasing number of plastic surgeries and the wide range of uses of handheld instruments in almost all types of plastic surgical procedures.
Based on procedure, the cosmetic surgery segment is expected to register the highest CAGR during the forecast period
Based on procedure, the plastic surgery instruments market is segmented into cosmetic surgery and reconstructive surgery. The cosmetic surgery segment is expected to register the highest growth during the forecast period. The high growth of this segment can primarily be attributed to the high demand and growing public acceptance of cosmetic procedures, changing lifestyles, and growing willingness to spend on cosmetic surgeries across the globe.
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In 2018, North America is expected to command the largest share of the market, followed by Europe, Asia, and the Rest of the world. The large share of North America is attributed to factors such as the growing procedural volume for plastic surgical procedures, growing incidence of skin cancer, the presence of a highly developed healthcare system, and the high adoption rate of novel technologies in this region.
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