Monday 13 March 2023

Skin Excision Market: Industry Demand, Analysis and Future Trends 2030

 The global Skin Excision Market size is expected to reach USD 59.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. The market expansion of skin excision is primarily caused by the rising elderly population, rising obesity incidence, and rising aesthetic consciousness. The skin excision method has changed over a short period due to expanding demand, rising discretionary income, growing awareness, and adoption of cosmetic procedures, technological improvement in the devices used for surgeries, advancements in drugs and therapies, availability of qualified surgeons, and improved healthcare facilities.

Skin excision is a procedure in which excess skin is removal removed and people who lose a lot of weight through weight loss surgery or lifestyle changes opt for such treatment as their skin becomes loose and sags. There are various types of procedures for excess skin removal including Brachioplasty, Mastopexy, Rhytidectomy, Thigh lift, Neck Lift, Brow lift, Abdominoplasty, etc. These procedures are carried out at hospitals and clinics where board-certified surgeons perform such skin excision procedures.

People have become more conscious about their personalities and appearances with major influence from social media. To overcome body flaws because of aging, pregnancy, heredity, or high BMI, people opt for reconstructive surgeries. The ratio of females appearing for surgery seems to be higher than males. For instance, according to ISAPS report 2020, 92.0% of the total procedures of abdominoplasty (Tummy Tuck) were performed on females which were approximately 703,778 in number.

The demand for skin excision procedures shrank in 2020 due to the outbreak of COVID as global restrictions and lockdown were imposed in most countries initially, and many non-cosmetic surgical procedures were halted. However, ISAPS reported, that the willingness to opt for invasive as well as non-invasive treatments globally has increased post-pandemic.

Related Press Release@ Skin Excision Market Report

Skin Excision Market Report Highlights

  • By procedure type, the mastopexy segment held the largest revenue share in 2021 and is expected to witness a lucrative CAGR of over 9.4% from 2022 to 2030
  • Based on end-use, the clinics' segment dominated the market in 2021. The segment is expected to continue its dominance throughout the forecast period owing to the high preference for advanced devices and personalized services
  • North America dominated the market in 2021. The availability of experienced surgeons and high adoption rates for advanced technology are the factors that can be attributable to the high segment share
  • In the Asia Pacific, the market is expected to grow at a high rate during the forecast period during to the high awareness and adoption of cosmetic treatments
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