“Business Research Company has recently published a comprehensive report on Global Blepharoplasty Market Size and Trend Analysis Forecast 2024-2033. This latest market research report offers a wealth of valuable information and data, including global market size, regional shares and competitor market In addition, it covers current trends, future opportunities and key data for success in the industry.
According to The Business Research Company’s, the size of the blepharoplasty market has grown strongly in recent years. It will grow from $3.83 billion in 2023 to $4.2 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. Growth in the historical period can be attributed to aesthetic preferences and beauty standards, aging demographics, increased awareness and acceptance, media and celebrity influence.
The blepharoplasty market size is expected to witness strong growth in the coming years. It will grow to $5.76 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%. The growth during the forecast period can be attributed to increase in disposable income, cultural and social factors, customization of procedures, medical tourism, and accessibility. , emergence of combined procedures, increased demand for specific ethnic blepharoplasty, increasing role of non-surgical alternatives..
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Market factors and trends:
The increasing demand for cosmetic procedures is expected to propel the growth of the blepharoplasty market in the future. Cosmetic procedures refer to medical procedures performed to improve or change a person’s physical appearance for cosmetic reasons. Cosmetic procedures such as blepharoplasty help people improve the appearance of their eyelids and address upper eyelid problems such as excess skin, drooping skin (dermatitis) and fat deposits that create a puffy appearance. For example, in February 2022, according to the American Academy of Facial Plastic and Reconstructive Surgery Inc. (AAFPRS), a US-based medical organization dedicated to facial plastic and reconstructive procedures, the number of surgical and non-surgical facial plastic surgery treatments performed in 2021 increased by 40% compared to 2020, with approximately 1, 4 million surgical and non-surgical procedures performed in 2021. Therefore, increasing demand for cosmetic procedures will drive the growth of the home blepharoplasty market.
Major companies operating in the blepharoplasty market are focusing on developing advanced technologies such as plasma technology to gain strong market position. Plasma technology refers to the use of ionized gases, or plasma, in a specialized medical device to perform non-surgical tightening and rejuvenation of the skin around the eyelids and other areas of the face. For example, in January 2023, Apyx Medical Corporation, an advanced energy technology company based in the US, launched the latest generation Renuvion generator, the Apyx One Console. It is a multifunctional energy system designed for plastic and aesthetic procedures incorporating Renuvion technology (helium plasma and radio frequency technology) along with unipolar and bipolar energy options. The console features adaptive touchscreens, procedure presets, cloud connectivity, remote upgrade capabilities, gas volume monitoring, and other advanced features that enhance cosmetic surgery, including blepharoplasty.
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Main key market players:
Zimmer Biomet Holdings Inc., Cynosure Technologies Pvt Ltd., Galderma SA, Bausch & Lomb Incorporated., Allergan Inc, Integra LifeSciences Inc., Merz Pharma GmbH & Co. KGaA, Corza Ophthalmology, Lumenis Ltd., Cutera Inc., Stille , Alma Lasers Ltd, Sciton Inc, Beaver-Visitec International Holdings Inc., Sklar Surgical Instruments, Hayden Medical Inc, Gulmaher Surgico, Titan Medical Inc., Luminera Derm Ltd, Jedmed Instrument Company., Xelpov Surgical, Surgitrac Instruments UK Limited, Grand Aespio Inc., Surgical Holdings, Surgipro Inc., LightScalpel Inc., SPIRAL Surgical Co., Carnegie Surgical LLC., Ambler Surgical LLC
Blepharoplasty Market Key Information 2024:
• Blepharoplasty is expected to grow to USD 5.76 billion by 2028 at a compound annual growth rate (CAGR) of 8.2%.
• Growing demand for cosmetic procedures is fueling the growth prospects in the blepharoplasty market
• Innovative developments in plasma technology that are transforming the blepharoplasty market
• North America was the largest region in the blepharoplasty market in 2023
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