PLASTIC SURGERY INSTRUMENTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Plastic Surgery Instruments Market Size and Trends

The Plastic Surgery Instruments Market is estimated to be valued at USD 1.12 Bn in 2024 and is expected to reach USD 1.96 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.

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The plastic surgery instruments market is expected to witness positive growth over the forecast period. This can be attributed to the increasing number of cosmetic surgeries being performed globally. There has been a growing emphasis on aesthetic appearances along with a rising disposable income, enabling more people to spend on cosmetic enhancements. Additionally, players in the market are focusing on new product launches. For instance, B. Braun, medical and pharmaceutical device company launched Alldapt forceps in 2021 for plastic, reconstructive, and hand surgeries. With ongoing technological advancements, the approval of innovative surgical procedures and a rising awareness about plastic surgeries, the demand for plastic surgery instruments is expected to increase considerably in the coming years.

Increasing Acceptance of Cosmetic Surgery Procedures

With the growing influence of social media and popularity of images shared on various photo and video sharing platforms, people are increasingly concerned about their physical appearances. There is immense pressure, especially on younger individuals, to look fit and attractive and present the ideal body type as defined by prevalent beauty standards. At the same time, advancements in plastic surgery techniques have made cosmetic procedures safer and their outcomes more natural and long-lasting. More cosmetic surgeons are specializing in non-invasive procedures that promised minimal downtime. These factors have led to greater societal acceptance of undergoing plastic surgeries not just for reconstructive needs but purely aesthetic improvement reasons. Procedures like rhinoplasty, liposuction, breast augmentation, and facial sculpting are no more considered taboo and people are more open about discussing and sharing their experiences of undergoing such surgeries. The stigma associated with cosmetic enhancements has reduced significantly. This positive change in mindset has undoubtedly contributed to the rising demand for plastic surgery worldwide in general and specifically for related specialized instruments.

Along with increased acceptance, the trend towards minimally invasive plastic surgery is a strong driver behind instruments demand. Minimally invasive methods allow for reduced pain, lower risk of complications, shorter recovery times, and less noticeable scarring compared to traditional open surgeries. They offer patients a more convenient solution without compromising much on results. Some examples of minimally invasive procedures gaining popularity include natural-looking breast augmentations using shorter incisions, liposuction techniques with smaller cannula sizes, thread lifts replacing traditional face lifts and laser skin resurfacing replacing chemical peels. For instance, in September 2023, The American Society of Plastic Surgeons (ASPS), the world's biggest plastic surgery organization, revealed the results of their 2022 procedural research. According to this data, 26.2 million surgical and minimally invasive cosmetic and reconstructive treatments were performed in the U.S. in 2022. More specifically, cosmetic surgery treatments have increased by 19% since 2019.