Platysmaplasty Treatment Market Size is valued at USD 1.10 Bn in 2022 and is predicted to reach USD 2.04 Bn by the year 2031 at a 7.3% CAGR during the forecast period for 2023-2031.
Platysmaplasty is a surgical technique that tightens the platysma muscles, which are responsible for neck and jowl sagging, resulting in a more youthful and well-defined neck contour. The market is expanding rapidly because of a high demand for cosmetic operations aimed at improving the appearance of the neck and jawline. The increase can be linked to a variety of factors, including an increased emphasis on physical beauty and youth greater disposable income among individuals. These elements all contribute to a favourable forecast for market growth, which is being driven by a growing awareness of cosmetic procedures and a desire to seem younger. This is especially obvious in the growing popularity of platymaplasty operations, which explicitly target neck and jawline enhancement.
However, the COVID-19 pandemic has substantially influenced the market, causing significant disruptions to its growth and operations. Because healthcare systems prioritized COVID-19 management, elective surgeries such as platsymaplasty were delayed or cancelled, significantly decreasing procedures and demand. However, increasing R&D activities and prominent players' investments are likely to create lucrative growth opportunities in the global Platysmaplasty Treatment Market over the forecast period.
Competitive Landscape
Some Major Key Players In The Platysmaplasty Treatment Market:
- Long Island Plastic Surgical Group
- Cat Plastic Surgery
- Nazarian Plastic Surgery
- Avenue Plastic Surgery
- Piedmont Plastic Surgery & Dermatology
- The Istanbul Aesthetic Center
- The Esthetic Clinics
- Los Angeles Plastic Surgery Clinic
Market Segmentation:
The Platysmaplasty Treatment Market is segmented on the basis of gender and end-use. As per the gender, the market is segmented as male and female. The end-use segment includes Cosmetic Surgery Clinics and Hospitals.
Based On Gender, The Female Segment Is Accounted As A Major Contributor In The Platysmaplasty Treatment Market.
The female category is expected to hold a major share in the global Platysmaplasty Treatment Market. The female segment's market domination can be linked to a variety of factors, including societal pressure and the desire to retain a youthful neck and jawline. Women, in particular, have demonstrated a considerable desire for platysmaplasty treatments, owing to their growing awareness of cosmetic options and willingness to engage in improving their appearance.
The Cosmetic Surgery Clinics Segment Witnessed Growth At A Rapid Rate.
The Cosmetic Surgery Clinics segment is projected to grow rapidly in the global Platysmaplasty Treatment Market. This segment's rise can be ascribed to various factors, including rising demand for non-invasive and minimally invasive cosmetic operations, as well as advances in technology and techniques. Cosmetic surgery clinics are positioned to continue dominating the industry, catering to an ever-growing client base seeking safe and effective neck rejuvenation and cosmetic enhancement options.
In The Region, The North American Platysmaplasty Treatment Market Holds A Significant Revenue Share.
The North American platysmaplasty Treatment Market is expected to record the maximum market share in terms of revenue in the near future. The region has a well-developed healthcare infrastructure that provides modern surgical techniques and cutting-edge technologies, making it an appealing destination for anyone looking for cosmetic operations like platysmaplasty. Furthermore, the considerable patient population in North America actively seeking aesthetic enhancements boosts the need for such procedures.
The existence of skilled and experienced face rejuvenation surgeons contributes to the region's competitive advantage. However, Asia Pacific is predicted to grow significantly during the forecast period. The rise in demand for cosmetic operations, including those related to facial aesthetics such as platysmaplasty, is being attributed to rising disposable income and rising living standards.
Recent Developments:
- In March 2023, The name of Long Island Plastic Surgical Group has been changed to New York Plastic Surgical Group. The Nation's Largest and Longest-Running Private and Academic Plastic Surgery Group Celebrated its 75th Anniversary with a Name Change Reflecting its Tri-State Area Expansion..
- In Dec 2020, Piedmont Plastic Surgery & Dermatology allocated a total expenditure of $4,776,100.00 to secure occupancy of a 17,188-square-foot area in the locality of Huntersville, North Carolina.
Platysmaplasty Treatment Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2022 |
USD 1.10 Bn |
|
Revenue Forecast In 2031 |
USD 2.04 Bn |
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Growth Rate CAGR |
CAGR of 7.3 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Gender, End-Use |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
Long Island Plastic Surgical Group, Dr. Cat Plastic Surgery, Nazarian Plastic Surgery, Avenue Plastic Surgery; Piedmont Plastic Surgery & Dermatology; The Istanbul Aesthetic Center; The Esthetic Clinics; and Los Angeles Plastic Surgery Clinics. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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