Market Overview:
Vietnam cosmetic surgery market size is projected to exhibit a growth rate (CAGR) of 9.00% during 2024-2032. The rising consciousness among individuals towards improving their physical appearance, along with the introduction of new cosmetic procedures, is primarily driving the regional market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
9.00% |
Cosmetic surgery, commonly referred to as aesthetic surgery, is undertaken with the aim of improving or altering an individual's appearance. This field encompasses a range of surgical and non-invasive procedures designed to enhance physical aesthetics, boost self-esteem and confidence, address physical deformities or asymmetries, and ameliorate the appearance of scars or other skin imperfections. Currently, the growing trends in cosmetic and medical tourism, increased investments in enhancing healthcare infrastructure, and the advancement of high-quality healthcare services across various nations are contributing to the heightened demand for these surgical interventions. Consequently, they are gaining traction across the country.
Vietnam Cosmetic Surgery Market Trends:
The cosmetic surgery market in Vietnam is experiencing notable growth, reflecting a shift in societal attitudes towards aesthetics and an increasing desire for enhanced physical appearance. A surge in disposable income and changing beauty standards has fueled the demand for cosmetic procedures across the country. Additionally, cosmetic surgery, encompassing a variety of surgical and non-invasive treatments, is gaining popularity for its role in not only improving physical features but also boosting self-confidence and addressing individual concerns, which is acting as another significant growth-inducing factor. Besides this, Vietnam's cosmetic surgery market is witnessing a rise in medical tourism, with the country becoming an attractive destination for those seeking high-quality aesthetic procedures at competitive prices. Moreover, the investment in advanced healthcare infrastructure and the development of skilled professionals in the cosmetic surgery field further contribute to the market's expansion. Apart from this, as the awareness of available cosmetic solutions increases and the stigma around such procedures diminishes, the demand for cosmetic surgery is anticipated to continue its upward trajectory in Vietnam. The market's growth will signifies a broader trend of individuals seeking personalized aesthetic enhancements, reflecting a cultural shift towards embracing diverse definitions of beauty and self-expression in the Vietnamese society, over the forecasted period.
Vietnam Cosmetic Surgery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on procedure, gender, age group, and end user.
Procedure Insights:
- Surgical Procedures
- Breast Augmentation
- Liposuction
- Eyelid Surgery
- Abdominoplasty
- Rhinoplasty
- Others
- Non-Surgical Procedures
- Botulinum Toxin
- Hyaluronic Acid
- Hair Removal
- Nonsurgical Fat Reduction
- Photo Rejuvenation
- Others
The report has provided a detailed breakup and analysis of the market based on the procedure. This includes surgical procedures (breast augmentation, liposuction, eyelid surgery, abdominoplasty, rhinoplasty, and others) and non-surgical procedures (botulinum toxin, hyaluronic acid, hair removal, nonsurgical fat reduction, photo rejuvenation, and others).
Gender Insights:
A detailed breakup and analysis of the market based on the gender have also been provided in the report. This includes female and male.
Age Group Insights:
- 13 To 29
- 30 To 54
- 55 and Above
The report has provided a detailed breakup and analysis of the market based on the age group. This includes 13 to 29, 30 to 54, and 55 and above.
End User Insights:
- Ambulatory Surgical Facility
- Hospitals and Clinics
- Others
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes ambulatory surgical facility, hospitals and clinics, and others.
Regional Insights:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Vietnam Cosmetic Surgery Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Procedure
- Gender
- Age Group
- End User
- Region
|
Procedures Covered |
- Surgical Procedures: Breast Augmentation, Liposuction, Eyelid Surgery, Abdominoplasty, Rhinoplasty, Others
- Non-Surgical Procedures: Botulinum Toxin, Hyaluronic Acid, Hair Removal, Nonsurgical Fat Reduction, Photo Rejuvenation, Others
|
Genders Covered |
Female, Male |
Age Groups Covered |
13 To 29, 30 To 54, 55 and Above |
End Users Covered |
Ambulatory Surgical Facility, Hospitals and Clinics, Others |
Regions Covered |
Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Vietnam cosmetic surgery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Vietnam cosmetic surgery market?
- What is the breakup of the Vietnam cosmetic surgery market on the basis of procedure?
- What is the breakup of the Vietnam cosmetic surgery market on the basis of gender?
- What is the breakup of the Vietnam cosmetic surgery market on the basis of age group?
- What is the breakup of the Vietnam cosmetic surgery market on the basis of end user?
- What are the various stages in the value chain of the Vietnam cosmetic surgery market?
- What are the key driving factors and challenges in the Vietnam cosmetic surgery?
- What is the structure of the Vietnam cosmetic surgery market and who are the key players?
- What is the degree of competition in the Vietnam cosmetic surgery market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam cosmetic surgery market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam cosmetic surgery market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam cosmetic surgery industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.