North America Plastic Surgery Devices Market, By Type (Instruments, Consumables, Implants), End User (Clinic, Medical Spa and Beauty Centers, Hospital, Dermatology Clinics, Others), Distribution Channel (Direct Tender, Retail Pharmacies), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Plastic Surgery Devices Market
The plastic surgery devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.8% in the forecast period of 2021 to 2028 and is expected to reach USD 10,802.98 million by 2028. Increasing usage of plastic surgery devices products and growing geriatric populace are the major drivers which propelled the demand of the plastic surgery devices market in the forecast period.
The plastic surgery devices market is growing tremendously across the globe due to the growing geriatric population across globe. The presence of wide range of aesthetic & cosmetic surgery devices products is satisfying the need of the surgeons during aesthetic & cosmetic surgery. The increased technological advancement leads to increased product launch by key market players of the plastic surgery devices market.
Advancement in healthcare infrastructure in developed as well as developing country anticipated to bolster the further plastic surgery devices market growth. Devices/product recall by the regulatory authorities for patient health safety concerns such as inaccuracy of device, display error are few of the major concerns that acts as a restraint in the growth of the plastic surgery devices market. Favourable labour cost and increased developments in the developing countries makes the emerging markets as an opportunity for the growth of the plastic surgery devices market. Regulation policy and increasing risks associated with the procedure are acting as challenge for hampering the demand of the plastic surgery devices market.
The plastic surgery devices market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the plastic surgery devices market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Plastic Surgery Devices Market Scope and Market Size
The plastic surgery devices market is segmented on the basis of type, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the plastic surgery devices market is segmented into instruments, consumables and implants. In 2021, consumables segment is dominating the plastic surgery devices market due to growing demand for implants.
- On the basis of end user, the plastic surgery devices market is segmented into clinic, medical spa and beauty centers, hospital, dermatology clinics and others. In 2021, dermatology clinics segment is dominating the plastic surgery devices market due to growing number of dermatology clinics in developed as well as developing country.
- On the basis of distribution channel, the plastic surgery devices market is segmented into direct tender and retail sales. In 2021, direct tender segment is dominating the plastic surgery devices market as most of the devices are procured through direct tenders.
North America Plastic Surgery Devices Market Country Level Analysis
North America plastic surgery devices market is analysed and market size information is provided by the country, type, end user and distribution channel as referenced above.
The countries covered in the North America plastic surgery devices market report are the U.S., Canada and Mexico.
North America is expected to dominate the plastic surgery devices market due to the high adoption of plastic surgery devices by the patients in the region. The U.S. is dominating in the North America plastic surgery devices market and leading the growth due to increased presence of the key market players in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing Acquisition and Merger is Creating New Opportunities for Players in the Plastic Surgery Devices Market
The plastic surgery devices market also provides you with detailed market analysis for every country growth. Additionally, it provides data regarding acquisition and agreement among the major market players and start-up companies. Moreover, growing impact of research and development activities increases the plastic surgery devices market growth pace. The data is available for historic period 2011 to 2019.
Competitive Landscape and Plastic Surgery Devices Market Share Analysis
The plastic surgery devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America plastic surgery devices market.
The major players covered in the North America plastic surgery devices market report are Allergan (a subsidiary of AbbVie Inc.), Johnson & Johnson Services, Inc., Galderma, Merz Pharma, B. Braun Melsungen AG, ADODERM GmbH, AirXpanders, Inc., Bohus BioTech AB, Coloplast Corp, Establishment Labs S.A., DPS Technology Development Ltd, Implantech, Innovia Medical, Integra LifeSciences, KARL STORZ SE & Co. KG, LABORATOIRES ARION, PMT Corporation, Sientra, Inc., Surgisil LLP among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Growing contract, partnership and acquisition by the key players is accelerating the plastic surgery devices market growth.
For instance,
- In October 2020, AbbVie Inc., the parent company of Allergan has announced that it has entered into an agreement with Luminera. It is predicted that this agreement anticipated strengthening company’s footprints in aesthetic business sector.
Collaboration, joint ventures and other strategies by the market players is enhancing the plastic surgery devices market growth which also provides the benefit for organisation to improve their offering for plastic surgery devices market to gain better consumer experience.
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