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According to the latest report by IMARC Group, titled "Plastic Surgery Instruments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global plastic surgery instruments market grew at a CAGR of around 8% during 2014-2019. Plastic surgery refers to the procedure that is performed to replace, alter, restore, or reconstruct certain areas of the body. Some of the most common areas of focus in the surgery include the skin, torso, breast, musculoskeletal, and cranial and maxillofacial regions. Numerous instruments made from a variety of materials, including metal and fiber, are used for performing several cosmetic and reconstructive surgeries. They are sterilizable while being non-corrosive and non-allergenic in nature. Some of the most common instruments include forceps, scissors, dissectors, clamps, chisels and needle holders.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Plastic Surgery Instruments Market Trends:
The market is primarily driven by the growing willingness among individuals to undergo reconstructive and cosmetic surgeries. This can be attributed to the increasing consciousness about physical appearances among the masses. There has also been a significant increase in the incidences of various forms of cancer, which often leads to scarred or distorted appearances. Since plastic surgeries are performed by healthcare professionals to enhance the aesthetic appearance of the human body and restore the function of tissues, this is providing a thrust to the market growth. The market is further driven by the rising preference for minimally invasive (MI) surgeries across the globe. Along with this, numerous players are now offering advanced techniques, such as laser technology, to extract the exterior layer of the skin that offer improved outcomes and result in successful surgeries. A majority of the population is, therefore, opting for laser surgeries for cosmetic procedures to improve their overall appearance. This, along with the advancements in tissue engineering, gene therapy, alloplastic materials and computer-assisted imaging technology, is facilitating the uptake of plastic surgery instruments. Some of the other factors contributing to the market growth include a considerable increase in the geriatric population and the growing adoption of medical tourism for elective surgeries. On account of the aforementioned factors, the market is anticipated to witness moderate growth during 2020-2025.
Market Summary:
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