ASIA PACIFIC COSMETIC SURGERY AND PROCEDURE MARKET FORECAST 2020-2028

ASIA PACIFIC COSMETIC SURGERY AND PROCEDURE MARKET FORECAST 2020-2028

  • March 2020 •
  • 148 pages •
  • Report ID: 5193321 •
  • Format: PDF
KEY FINDINGS
The cosmetic surgery and procedure market of Asia Pacific is estimated to record the highest growth rate at a CAGR of 5.96% over the projected period of 2020-2028. Exposure to western culture, along with the internet and entertainment media, has augmented specific beauty standards, and this is one of the significant factors encouraging market growth in the region.

MARKET INSIGHTS
In order to analyze the rapid growth of the Asia Pacific cosmetic surgery and procedure market further, the region is segregated into South Korea, India, Vietnam, Thailand, China, Australia & New Zealand, Japan, Indonesia, and the rest of Asia Pacific that includes Singapore, Malaysia, Bangladesh.Pakistan, Sri Lanka, and Korea.

In South Korea, an increase in inclination towards beautification, expenditure on aesthetic enhancement, and ease in availability of advanced procedures are boosting the market growth.The most common procedures carried out in the country are eyelid surgery and rhinoplasty.

South Korea is a medical destination, especially for medical patients from Russia, Japan, America, and China.In countries like Thailand, plastic surgery is hugely popular.

The first-class hospital treatments, high quality and specialist skills of the surgeons, and the affordable cost offer a rewarding all-round package.
In countries like Indonesia, cosmetic surgery is gaining popularity as it is becoming more accessible and less costly.Some of the procedures most in demand are reconstructive nose surgery using rib cartilage, ultra-diced ribs cartilage rhinoplasty, and eye bag removal, which also gives face lifting effect.

Vietnam is the cheapest country in the world for plastic surgery.The healthcare sector is improving but is plagued with regulation issues.

In Malaysia, the government has developed a national council for medical tourism. In Singapore, the demand for cosmetic and non-invasive procedures is increasing.

COMPETITIVE INSIGHTS
Candela Corp, Allergan PLC, Alma Lasers Ltd, Lumenis Ltd, Johnson & Johnson, etc. are some of the leading companies operating in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ALLERGAN PLC
2. ALMA LASERS, LTD (ACQUIRED BY FOSUN PHARMA)
3. BAUSCH HEALTH COMPANIES INC (FORMERLY VALEANT PHARMACEUTICALS)
4. CANDELA CORP (FORMERLY SYNERON MEDICAL LTD)
5. CUTERA, INC
6. CYNOSURE (ACQUIRED BY CLAYTON, DUBILIER & RICE)
7. DEPUY SYNTHES COMPANIES (ACQUIRED BY JOHNSON & JOHNSON)
8. GALDERMA (ACQUIRED BY EQT)
9. IPSEN S.A.
10. JOHNSON & JOHNSON
11. LUMENIS LTD
12. MERZ PHARMA
13. SIENTRA, INC
14. SINCLAIR PHARMA PLC