The aging population and an increasingly favorable public perception of plastic surgery have been driving forces behind the recent rise in industry demand. Furthermore, technological advances have helped bolster industry revenue as safer and cheaper procedures have become available for consumers. As the economy continues to improve over the five years to 2021, IBISWorld projects that revenue growth will accelerate. During this time, revenue is forecast to increase. A rise in disposable income and an increasingly aging population will be the main drivers for growth over the next five years.
This industry provides medical techniques intended to enhance the physical appearance for cosmetic or reconstructive purposes. Firms consist of medical specialist clinics where licensed professional doctors perform surgical and non-surgical procedures.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.