Plastic Surgery Instruments Market Size
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 8.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Plastic Surgery Instruments Market Analysis
The plastic surgery instruments market is expected to grow at a CAGR of 8.7% over the forecast period.
The healthcare system witnessed enormous challenges as a result of the COVID-19 pandemic. All elective and aesthetic procedures were postponed or restricted during the COVID-19 pandemic to reduce the risk of viral transmission, as most of these procedures were regarded as non-urgent. There was a decrease in the number of aesthetic procedures performed around the world during the COVID-19 pandemic. According to the International Society of Aesthetic Plastic Surgery 2021 report, in the year 2020, over 24,529,875 cosmetic procedures were performed, while 24,982,304 cosmetic procedures were performed in the previous year. The reduction in the number of procedures performed was mainly attributed to the fear of the risk of infection and the allotment of medical resources towards COVID-19 management. Thus, the plastic surgery instruments market was significantly impacted during the COVID-19 pandemic. However, the market is expected to grow past the initial phase. For instance, in August 2022, an article published in the American Society of Plastic Surgeons stated that after the stress of the COVID-19 pandemic, a new national survey called the Inaugural ASPS Insights and Trends Report: Cosmetic Surgery 2022 finds many Americans are now investing in themselves through cosmetic procedures, despite an uncertain economy. The American Society of Plastic Surgeons polled member surgeons nationwide and found more than three-quarters of cosmetic-focused plastic surgery practices are seeing more business than before the pandemic, with nearly 30 percent reporting their business has at least doubled. Thus, with such factors, the market is expected to grow over the forecast period.
The major factor attributing to the growth of the market is the increased awareness of cosmetic procedures. The demand for cosmetic procedures is rising worldwide as cosmetic surgery focuses on body improvement, and plastic surgery reconstructs damaged tissues caused due to burns or trauma. According to an article published in the Journal of Clinical and Aesthetic Dermatology in December 2021, there has been an increasing acceptance of cosmetic procedures in the middle eastern region, with a growing interest in skin and nasal procedures. The rising interest is expected to add to the growth of the plastic surgery instruments market over the forecast period.
The adoption of minimally invasive procedures is positively affecting the revenue growth of the studied market. For instance, According to data from Aesthetic Society members using the Aesthetic Neural Network (ANN) data from January 1, 2021-July 1, 2021, Americans spent over USD 8.7 billion on aesthetic plastic surgery, while Americans spent over USD 3 billion on nonsurgical aesthetic procedures. Moreover, Non-surgical liposuction, also known as non-surgical fat removal (lipolysis), is a non-invasive process that destroys extra fat cells in the body using various modern technologies like lasers, heat, cooling, ultrasound, and radiofrequency. This is also creating demand for medical aesthetic devices. Moreover, the International Society of Plastic Surgery (ISAPS) conducted an international survey on cosmetic procedures in 2020. According to the data, approximately 85% of nonsurgical procedures were performed on women, among which 12.8% were hair removal procedures, accounting for 1,538,982 procedures. Therefore, the adoption of hair removal procedures is poised to accelerate the growth of the studied market.
However, the complications associated with aesthetic procedures, such as hematoma, scarring, blood loss, nerve damage, infection, deep vein thrombosis, seroma, and others, may restrain the market growth in the forecast period.
Plastic Surgery Instruments Market Trends
This section covers the major market trends shaping the Plastic Surgery Instruments Market according to our research experts:
Handheld Surgical Instruments is Expected to Hold Significant Share in the Market During the Forecast Period
Handheld surgical instruments can be classified into forceps, retractors, graspers, auxiliary instruments, cutter instruments, elevators, chisels & gouges, cannulas, dissectors, and sutures & staplers.
Rising awareness about various surgical procedures, increasing the number of plastic surgeries, and technological advancement are factors driving the growth of the market over the forecast period. According to the International Society of Aesthetic Plastic Surgery report 2021, around 10,129,528 surgical procedures were performed in the world, which is likely to add to the growth of the market segment. Similarly, a 2021 report from the British Association of Aesthetic Plastic Surgeons indicates that in the year 2021, there was a total of 15,405 cosmetic procedures performed in the year 2021. The large number of cosmetic surgeries being performed is expected to add to the growth of the handheld surgical instruments segment during the forecast period.
The recent product launches by the key market players are also aiding the market growth. For instance, in July 2021, Sutter Medical Technologies launched the single-use Swyng non-stick bipolar forceps, which offer precision and versatility to surgeons. Since the forceps are disposable, they are widely preferred in plastic surgeries. Thus, the recent product launches add to the growth of the market segment.
Therefore, owing to the above-mentioned factors, the handheld surgical instruments segment is expected to grow significantly.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall plastic surgery instruments market, throughout the forecast period. The market growth is due to factors such as the presence of key players, favorable reimbursement policies, and providing access to advanced devices for plastic surgery & training sessions for physicians.
In the North American region, the United States holds the largest market share due to factors such as the increasing number of plastic surgeries and increasing awareness programs by trained and skilled dermatology professionals, and maximum reimbursement coverage in the country. According to the International Society of Aesthetic Plastic Surgery 2021 report, the United States was the country with the most number of surgical aesthetic procedures performed in the world. As per the report, in the United States, over 1,485,116 surgical aesthetic procedures were performed in the year 2020, while in Mexico, over 456,489 surgical aesthetic procedures were performed. The large number of surgeries performed in the region is a major factor contributing to the growth of the plastic surgery instruments market over the forecast period.
Also, the key market players in the region are aiding the market growth. For instance, in September 2021, Olympus Corporation launched the Powerseal family of advanced bipolar surgical energy products, the Powerseal 5mm Curved Jaw Tissue Sealer and Divider, Double-Action device. The powerseal devices provide the surgeons a state-of-the-art sealing, dissection, and grasping capabilities. Owing to the product launches in the region, the studied market is expected to grow significantly.
Plastic Surgery Instruments Industry Overview
The plastic surgery instruments market is moderately competitive and consists of several major players. Some companies currently dominating the market are KLS Martin Group, Integra LifeSciences Corporation, Tekno-Medical Optik-Chirurgie GmbH, Zimmer Biomet, B. Braun Melsungen AG, BMT Medizintechnik GmbH, Anthony Products, Inc., Bolton Surgical Ltd., Surgicon Pvt. Ltd., and Blink Medical.
Plastic Surgery Instruments Market Leaders
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Tekno-Medical Optik-Chirurgie GmbH
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Zimmer Biomet
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KLS Martin Group
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B. Braun Melsungen AG
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Integra LifeSciences Corporation
*Disclaimer: Major Players sorted in no particular order
Plastic Surgery Instruments Market News
- September 2022: Medical Microinstruments launched its new supermicro NanoWrist instruments, which access and suture small and delicate veins, for its Symani surgical robot.
- May 2022: Tekno Surgical launched its Wexler Surgical range, specializing in titanium and stainless-steel surgical clamps, forceps, needle holders, scissors, retractors, diamond knives, dilators, speculums, cannulas, hooks, choppers, and spatulas, as well as single-use and instrument care products.
Plastic Surgery Instruments Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Awareness of Cosmetic Procedures
- 4.2.2 Growing Number of Age-Related Plastic Surgeries
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4.3 Market Restraints
- 4.3.1 Complications after Surgery
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4.4 Porter Five Forces
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - in USD Millions)
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5.1 By Type
- 5.1.1 Handheld Instruments
- 5.1.1.1 Forceps
- 5.1.1.2 Scissors
- 5.1.1.3 Retractors
- 5.1.1.4 Others
- 5.1.2 Electrosurgical Instruments
- 5.1.2.1 Bipolar Instruments
- 5.1.2.2 Monopolar Instruments
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5.2 By Procedure
- 5.2.1 Cosmetic Surgery
- 5.2.1.1 Breast Procedures
- 5.2.1.2 Face and Head Cosmetic Surgery
- 5.2.1.3 Body & Extremities Cosmetic Procedures
- 5.2.2 Reconstructive Surgery
- 5.2.2.1 Breast Reconstruction Surgery
- 5.2.2.2 Congenital Deformity Correction
- 5.2.2.3 Tumor Removal
- 5.2.2.4 Other Reconstructive Surgeries
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle-East and Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle-East and Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 KLS Martin Group
- 6.1.2 Integra LifeSciences Corporation
- 6.1.3 Tekno-Medical Optik-Chirurgie GmbH
- 6.1.4 Zimmer Biomet
- 6.1.5 B. Braun Melsungen AG
- 6.1.6 BMT Medizintechnik GmbH
- 6.1.7 Anthony Products, Inc.
- 6.1.8 Bolton Surgical Ltd
- 6.1.9 Surgicon Pvt. Ltd
- 6.1.10 Blink Medical
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityPlastic Surgery Instruments Industry Segmentation
As per the scope of the report, reconstructive plastic surgery deals mainly with the surgical repair or restoration of an injured, lost, diseased, defective, or misshapen part or area. Cosmetic or aesthetic plastic surgery focuses on enhancing appearance. The Plastic Surgery Instruments Market is Segmented by Type (Handheld Instruments (Forceps, Scissors, Retractors, and Others) and Electrosurgical Instruments (Bipolar Instruments and Monopolar Instruments)), Procedure (Cosmetic Surgery (Breast Procedures, Face and Head Cosmetic Surgery, and Body & Extremities Cosmetic Procedures) and Reconstructive Surgery (Breast Reconstruction Surgery, Congenital Deformity Correction, Tumor Removal, and Other Reconstructive Surgeries)), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
| By Type | Handheld Instruments | Forceps |
| Scissors | ||
| Retractors | ||
| Others | ||
| By Type | Electrosurgical Instruments | Bipolar Instruments |
| Monopolar Instruments | ||
| By Procedure | Cosmetic Surgery | Breast Procedures |
| Face and Head Cosmetic Surgery | ||
| Body & Extremities Cosmetic Procedures | ||
| By Procedure | Reconstructive Surgery | Breast Reconstruction Surgery |
| Congenital Deformity Correction | ||
| Tumor Removal | ||
| Other Reconstructive Surgeries | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Plastic Surgery Instruments Market Research FAQs
What is the current Plastic Surgery Instruments Market size?
The Plastic Surgery Instruments Market is projected to register a CAGR of 8.70% during the forecast period (2024-2029)
Who are the key players in Plastic Surgery Instruments Market?
Tekno-Medical Optik-Chirurgie GmbH, Zimmer Biomet, KLS Martin Group, B. Braun Melsungen AG and Integra LifeSciences Corporation are the major companies operating in the Plastic Surgery Instruments Market.
Which is the fastest growing region in Plastic Surgery Instruments Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Plastic Surgery Instruments Market?
In 2024, the North America accounts for the largest market share in Plastic Surgery Instruments Market.
What years does this Plastic Surgery Instruments Market cover?
The report covers the Plastic Surgery Instruments Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Plastic Surgery Instruments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Plastic Surgery Instruments Industry Report
Statistics for the 2024 Plastic Surgery Instruments market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Plastic Surgery Instruments analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
