Market Research Report
Asia Pacific Cosmetic Surgery and Procedure Market Forecast 2020-2028
|Published by||Inkwood Research||Product code||577313|
|Published||Content info||148 Pages
Delivery time: 2-3 business days
|Asia Pacific Cosmetic Surgery and Procedure Market Forecast 2020-2028|
|Published: March 7, 2020||Content info: 148 Pages||
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.
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.
Candela Corp, Allergan PLC, Alma Lasers Ltd, Lumenis Ltd, Johnson & Johnson, etc. are some of the leading companies operating in the market.
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