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 2020, 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 Analysis Chapter
Interest in cosmetic surgery continues to climb as technological advancements make procedures more accessible, more affordable and safer. Cosmetic surgery is no longer reserved for the wealthy or famous; most cities in the United States are home to plastic surgery centers, offering body contouring procedures, such as liposuction and breast augmentation; facial rejuvenation, such as eyelid surgery and chin and cheek implants; laser hair removal; and other enhancement procedures.
The number of cosmetic surgery procedures performed in the United States has continued to grow during the past five years, in spite of the economic recession. According to the American Society for Aesthetic Plastic Surgery (ASAPS), 11.4 million surgery procedures were performed in the United States in 2013... purchase to read more