PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1127435
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1127435
Skin excision Market size was valued at USD 26,523.8 Million in 2021, growing at a CAGR of 8.1% from 2022 to 2028.
Skin excision is a process in which extra skin is removed because it has become loose and saggy after significant weight loss through weight loss surgery or lifestyle changes. The removal of extra skin can be done through a variety of surgeries, such as Mastopexy, Brachioplasty, Rhytidectomy, Thigh lifts, Neck Lifts, Brow Lifts, and Abdominoplasty. These treatments are carried out in clinics and hospitals by board-certified surgeons who specialise in skin excision.
Social media has had a big impact on how conscious people are of their personalities and appearances. People choose reconstructive procedures to correct physical faults brought on by ageing, pregnancy, inheritance, or a high BMI. Female patients seem to outnumber male patients when it comes to surgical attendance.
The main factors influencing the market growth are the rising senior population, rising obesity prevalence, and rising aesthetic consciousness. The procedure for skin excision has changed over a short period of time as a result of growing patient demand, rising disposable income, growing awareness of and acceptance of cosmetic procedures, advancements in technologies, and the availability of skilled surgeons and better facilities.
As a less invasive cosmetic procedure, skin excision had setbacks in the first three months of 2020. The market for skin excision is anticipated to expand, however, as people's propensity to choose cosmetic procedures for physical enhancement has greatly expanded in the wake of the pandemic. Excess skin excision is a cosmetic surgical technique that is typically used to remove excess skin that has sagged in patients who have had drastic weight loss. This surgery can be carried out on the buttocks, thighs, hips, or abdomen. It is a costly operation that necessitates quality post-operative care. The cost to remove extra skin from the upper arms, abdomen, and thighs might reach USD 20,000 in 2022, according to a New York Times report. However, the desire for cosmetic surgery increased after the pandemic due to the social media impact and longer recovery time and flexibility due to factors like social withdrawal and working from home.
The Worldwide Skin excision Market is segmented on the basis of Type, End User and Region.
The market is divided into nine categories based on product type: Breast Reduction, Brachioplasty, Rhytidectomy, Mastopexy, Thigh Lift, Panniculectomy, Neck Lift, Tummy Tuck, and Brow Lift. Mastopexy held the majority of the market share of nearly 41.2% in terms of revenue. Mastopexy is a surgical technique that tightens supporting tissues and removes extra skin to raise and reshape sagging breasts. Mastopexy often costs between $10,000 and $14,000 USD, plus anaesthesia and operating room costs.
The market is divided into two categories based on end-user: Hospitals and clinics. The clinic's segment accounted for the largest share, over 62.3% in 2021 of the Skin excision market 2021 This dominance can be attributed to the shorter waiting times and superior facilities and post-treatment care for these skin excision operations. For the treatments, the majority of clinics offer facilities and licenced surgeons. The majority of countries are seeing an increase in obesity as a result of insufficient physical exercise, processed food intake, anxiety, and sadness. According to the survey conducted by the World Obesity Federation Global Obesity Observatory, from 2019 to 2021, 23.4% of adults in India will be considered obese. Over the forecast period, the U.S. Brachioplasty segment is anticipated to grow by 9.0 per cent. People are choosing operations because they want to look handsome and aesthetic, in line with social media norms. Social media's growing influence has boosted people's awareness of aesthetics, which has raised the demand for cosmetic procedures that produce long-lasting results.
The global market for Skin excision is made of a number of both international and local producers, making it a fairly competitive sector in the world. Some of the leading strategies adopted by corporations to expand their market share include new product launches, agreements, R&D investment, and mergers and acquisitions. In 2021, SkinCeuticals announced the launch of its latest innovation, a semi-occlusive treatment, Advanced Scar Control, designed to protect vulnerable skin to help improve the appearance of new and recent scars.
The scope of this report covers the market by its major segments, which include as follows: