Industry Analysis & Industry Trends
The aging population and an increasingly favorable public perception of plastic surgery have been driving forces behind the recent rise in industry demand. Furthermore, technological advances have helped bolster industry revenue as safer and cheaper procedures have become available for consumers. As the economy continues to improve over the five years to 2021, IBISWorld projects that revenue growth will accelerate. During this time, revenue is forecast to increase. A rise in disposable income and an increasingly aging population will be the main drivers for growth over the next five years.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Plastic Surgeons industry has a low level of concentration, with no single provider generating more than 1.0% of total industry revenue. A large portion of industry operators is solo practices and nonemployer firms (companies with no employees) that operate on a local or regional basis. The average establishment is expected to employ about nine people and generate just over $6.5 million in revenue in 2016.
Although many industries in the healthcare sector have undergone periods of consolidation, plastic surgeons have been able to resist these changes. The fragmented nature of the industry is associated with additional administrative burdens on plastic surgeons... purchase to read more