PUBLISHER: The Business Research Company | PRODUCT CODE: 1546564
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546564
Plastic surgery instruments comprise a specialized set of tools used by plastic and reconstructive surgeons for various cosmetic and reconstructive procedures. These instruments are crucial for precise tissue manipulation to achieve aesthetic enhancements or reconstruct defects resulting from trauma, congenital anomalies, or disease. They play a pivotal role in enabling surgeons to achieve accurate and safe outcomes in both aesthetic and reconstructive surgery.
The main types of surgical instruments used in plastic surgery include scalpels, forceps, scissors, retractors, needle holders, and others. Scalpels are essential for making precise incisions during surgical procedures. Non-surgical instruments and devices used in plastic surgery include dermabrasion instruments, laser devices, cryotherapy devices, electrosurgical instruments, and others. Accessories associated with these instruments include needles, sutures, disposables, cannulas, and other essential components.
The plastic surgery instruments market research report is one of a series of new reports from The Business Research Company that provides plastic surgery instruments market statistics, including plastic surgery instruments industry global market size, regional shares, competitors with a plastic surgery instruments market share, detailed plastic surgery instruments market segments, market trends and opportunities, and any further data you may need to thrive in the plastic surgery instruments industry. This plastic surgery instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The plastic surgery instruments market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to several factors, increasing global demand for cosmetic surgeries, rising disposable incomes in developed economies, growing awareness of aesthetic procedures, a preference for outpatient surgical settings, and increasing adoption of non-surgical aesthetic treatments.
The plastic surgery instruments market size is expected to see strong growth in the next few years. It will grow to $1.48 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to several factors, an aging population increasingly seeking rejuvenation procedures, the expansion of healthcare infrastructure in emerging markets, the growth of telemedicine for pre and post-operative care, technological advancements in surgical instruments, and the expansion of insurance coverage for cosmetic procedures. Major trends expected during this period include a shift towards robotic-assisted plastic surgeries, integration of AI and machine learning in surgical planning, the rise of personalized cosmetic treatments, emphasis on eco-friendly and sustainable surgical instruments, and advancements in technology for minimally invasive surgeries.
The plastic surgery instrument market is poised for growth driven by the increasing popularity of minimally invasive procedures. These procedures involve performing medical treatments through small incisions, resulting in less tissue damage and faster recovery times compared to traditional surgery. Their rising popularity is attributed to shorter recovery periods, reduced risk of complications, enhanced safety, and the significant influence of social media on personal aesthetics. Plastic surgery instruments play a crucial role in these procedures by enabling precise manipulation and facilitating quicker recovery through targeted techniques and minimal incisions. For example, in January 2024, Intuitive Surgical Inc., a US-based manufacturer known for robotic products such as the da Vinci surgical systems, reported a 12% increase in the deployment of these systems in the fourth quarter of 2023 compared to 2022. This growth reflects the increasing adoption of minimally invasive surgical approaches, which directly stimulates demand within the plastic surgery instrument market.
Leading companies in this sector are focusing on developing advanced products such as multifunctional surgical consoles to maintain a competitive edge. These consoles integrate various surgical tools and technologies into a single unit, enhancing procedural efficiency and precision in cosmetic surgeries. Apyx Medical Corporation, for instance, introduced the Apyx One Console in January 2023, a multifunctional generator designed for cosmetic surgical procedures. This innovative device combines different energy modalities, enabling surgeons to perform diverse procedures with enhanced efficiency and patient outcomes. These advancements cater to the expanding preference for minimally invasive surgeries and the need for sophisticated surgical instrumentation despite challenges such as cost and regulatory requirements.
In December 2023, Ametek Inc., a US-based provider of industrial technology solutions, acquired Paragon Medical to bolster its presence and diversify its portfolio in the growing medical technology sector. Paragon Medical specializes in engineering precision metal and plastic components for various medical devices, including surgical instruments, aligning with Ametek's strategic expansion goals.
Major companies operating in the plastic surgery instruments market are B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., KARL STORZ GmbH & Co. KG, Integra LifeSciences Corporation, KLS Martin Group, Surgicon Pvt. Ltd., Mentor Worldwide LLC, Sklar Surgical Instruments, Tekno-Medical Optik-Chirurgie GmbH, Hayden Medical Inc., Millennium Surgical Corp., Blink Medical Ltd., Bolton Surgical Ltd., Anthony Products Inc., Surgipro Inc., Surtex Instruments Ltd., MSI Precision Instruments, ECA Medical Instruments, Novo Surgical Inc., Marina Medical Instruments Inc., Ekal Surgical Works, Wexler Surgical, Marina Medical Instruments
North America was the largest region in the plastic surgery instruments market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plastic surgery instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the plastic surgery instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The plastic surgery instruments market consists of sales of osteotomes, elevators, rongeurs, and hemostats. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Plastic Surgery Instruments Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on plastic surgery instruments market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for plastic surgery instruments ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The plastic surgery instruments market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.