September 14, 2021
According to the report titled ‘Global Eyelid Surgery Market Size study, by Procedure Type (Upper Eyelid Surgery and Lower Eyelid Surgery), by End-Use (Hospitals, Clinics & Surgery Centers), and Regional Forecasts 2021-2027’, available with Market Study Report, global eyelid surgery market was worth USD 3.69 billion in 2020 and is expected to register a CAGR of 5.8% during 2021-2027, thereby accumulating USD 5.48 billion by the end of analysis timeline.
Shifting conscience of people to enhance their visual appearance by opting for surgeries like removing wrinkles by improving skin elasticity or remove puffy eyes is the major growth stimulant for global eyelid surgery market.
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Additionally, rise in geriatric population is also creating demand for eyelid surgery as with growing age people tend to develop loose and saggy skin on the eyelids. Preference for non-invasive surgeries, rapid technological development in the field, and rising popularity of cosmetic procedures are further augmenting industry progression.
For the unversed, eyelid surgery refers to the procedure of removing excess fat and skin from eyelids in order to enhance skin elasticity and visual appearance.
On the contrary, risk of adverse effects, and rise in complications associated with surgeries are likely to obstruct the market development in the ensuing years.
Regions like North America, Europe, Asia Pacific, and Latin America are analyzed to understand micro & macro aspects of global eyelid surgery market. Among these, North America has captured a significant market share in recent years, owing to increase in elderly population, and wide availability of advanced cosmetic/medical facilities.
Parallelly, Asia Pacific market size is anticipated to expand notably during 2021-2027, due to rising social media influence on the masses, surging awareness of physical appearance and beauty standards, along with strong demand for surgeries in the region.
Major players like SIH Dermatology & Plastics Surgery, Peninsula Laser Eye Medical Group, Inc., Baby Memorial Hospital Ltd., E. Gaylon McCollough, American Society of Plastic Surgeons, Shoyukai Medical Association, Montenegro Clinic of Plastic Surgery, London Bridge Plastic Surgery & Aesthetic Clinic, USA Plastic Surgery, and Stanford Health Care are profiled in global eyelid surgery market report.