HomeMedical DevicePlastic Surgery Instruments Market
Report ID: 27653 | Published Date: Aug 2022 | No. of Pages: 202 | Base Year for Estimate: 2020 | Format:
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- Table of Contents
- COVID-19 Impact Analysis
Plastic Surgery Instruments Market Size And Forecast
Plastic Surgery Instruments Market size was valued at USD 0.89 Billion in 2020 and is projected to reach USD 1.7 Billion by 2028, growing at a CAGR of 7.7 % from 2021 to 2028.
The rising awareness regarding cosmetic surgeries along with increasing the number of age-related surgeries across the globe is expected to drive the growth of the Global Plastic Surgery Instruments Market. The Global Plastic Surgery Instruments Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Plastic Surgery Instruments Market Definition
The sole purpose of plastic surgery is to restore, alter, or reconstruct areas of the body. Skin, Crania and maxillofacial, musculoskeletal, hand, breast, and torso are some of the body areas where plastic surgery is performed. There are various types of plastic surgery instruments used. The awls, chisels, gouges, cannulas, elevators, clamps, needle holders, scissors, forceps, Osteotomes, Rasps, Rongeurs, and Endo Brow Lift Instruments, Knives, and Punches are some of the many other instruments used for plastic surgery. There is a significant difference between plastic surgery and cosmetic surgery. In cosmetic surgery, the treated areas have aesthetic appeal whereas in plastic surgery the treated areas lack aesthetic appeal, but the treated areas function properly.
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Global Plastic Surgery Instruments Market Overview
The growth of the Global Plastic Surgery Instruments Market is driven by the development of minimally invasive surgeries which has led to an increase in the number of surgeries being performed each year. According to a report published by the American Society of Plastic Surgeons in 2015, around 15.9 million minimally invasive cosmetic surgeries were performed in the US. Furthermore, the increasing number of road accidents, the rise in healthcare expenditure, and the rise in the geriatric population are some of the factors that are driving the growth of the Global Plastic Surgery Instruments Market.
Women and men are increasingly adopting cosmetic procedures owing to which the Global Plastic Surgery Instruments Market is growing at an exponential rate. However, some restraints are liming the growth of the Global Plastic Surgery Instruments Market. The issue related to plastic surgery in people with a history of obesity, and diabetes, are subjected to various risks such as cardiac arrest or blood clots. Owing to these post-surgery complications, the market may face some serious challenges.
Global Plastic Surgery Instruments Market: Segmentation Analysis
The Global Plastic Surgery Instruments Market is Segmented on the basis of Type, Procedure, and Geography.
Plastic Surgery Instruments Market, By Type
- Handheld Instruments
- Electrosurgical Instruments
- Bipolar Instruments
- Monopolar Instruments
- Other Plastic Surgery Instruments
Based on Type, the market is bifurcated into Handheld Instruments, Electrosurgical Instruments, and Other Plastic Surgery Instruments. The handheld segment is further bifurcated into Forceps, Scissors, Retractors, and Others. The electrosurgical instruments segment is further bifurcated into Bipolar Instruments and Monopolar Instruments. The handheld segment is anticipated to grow at an exponential rate owing to the increasing number of plastic surgeries. Also, handheld instruments find their use in all types of plastic surgical procedures.
Plastic Surgery Instruments Market, By Procedure
- Cosmetic Surgery
- Reconstructive Surgery
Based on Procedure, the market is bifurcated into Cosmetic Surgery and Reconstructive Surgery. The cosmetic surgery segment is anticipated to grow at the highest CAGR in the Global market during the forecast period. The rapid growth of the cosmetic surgery segment is credited to the high demand and increasing public acceptance of cosmetic surgeries and increasing willingness to spend on cosmetic surgeries across the globe.
Plastic Surgery Instruments Market, By Geography
- North America
- Asia Pacific
- Rest of the World
Based on Regional Analysis, The Global Plastic Surgery Instruments Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America. However, Asia Pacific is growing at a rapid rate compared to other regions owing to growing middle-class disposable income in emerging Asian countries and growing age-related cosmetic procedures, and increasing medical tourism in the region.
The “Global Plastic Surgery Instruments Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are B. Braun Melsungen AG,KLS Martin Group, Integra LifeSciences Corporation, Tekno-Medical Optik-Chirurgie GmbH, Zimmer Biomet, Sklar Surgical Instruments, KARL STORZ GmbH & Co. KG, KARL STORZ GmbH & Co. KG, BMT Medizintechnik GmbH, Anthony Products, Inc., Bolton Surgical Ltd. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
- On March 21, 2021, The B.Braun Group recorded € 7,426.3 million in sales for the 2020 financial year (last year: € 7,471.3 million). “2020, the year of the epidemic, marks the momentous global burden we have borne. We did this job while showing that we can be patient,” said the B official. Braun Anna Maria Braun at a press conference online.
- On July 19, 2021, Integra LifeSciences Holding Corporation (Nasdaq: IART), the world’s leading medical technology company, announced the positive clinical results of PriMatrix® Dermal Repair Scaffold for the management of diabetic foot ulcers (DFUs). This study is one of the largest randomized controlled trials of DFU that was completed with more than 100 patients in each treatment group and showed that in most cases, single use of PriMatrix plus standard of care (SOC) cured 60% of DFUs in 12 weeks compared with 35% of DFUs cured in 12 weeks with SOCs per the analysis of each protocol.
Value (USD Billion)
|Key Companies Profiled|
B. Braun Melsungen AG, KLS Martin Group, Integra LifeSciences Corporation, Tekno-Medical Optik-Chirurgie GmbH, Zimmer Biomet, Sklar Surgical Instruments.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
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Frequently Asked Questions
Plastic Surgery Instruments Market was valued at USD 0.89 Billion in 2020 and is projected to reach USD 1.7 Billion by 2028, growing at a CAGR of 7.7% from 2021 to 2028.
What are the key driving factors for the growth of the Plastic Surgery Instruments Market?
The rising awareness regarding cosmetic surgeries along with increasing the number of age-related surgeries across the globe is expected to drive the growth of the Global Plastic Surgery Instruments Market.
What are the top players operating in the Plastic Surgery Instruments Market?
The major players are B. Braun Melsungen AG, KLS Martin Group, Integra LifeSciences Corporation, Tekno-Medical Optik-Chirurgie GmbH, Zimmer Biomet, Sklar Surgical Instruments.
What segments are covered in the Plastic Surgery Instruments Market report?
The Global Plastic Surgery Instruments Market is Segmented on the basis of Type, Procedure, and Geography.
How can I get a sample report/company profiles for the Plastic Surgery Instruments Market?
The sample report for the Plastic Surgery Instruments Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF GLOBAL PLASTIC SURGERY INSTRUMENTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL PLASTIC SURGERY INSTRUMENTS MARKET OUTLOOK
4.2 Market Dynamics
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL PLASTIC SURGERY INSTRUMENTS MARKET, BY TYPE
5.2 Handheld Instruments
5.3 Electrosurgical Instruments
5.3.1 Bipolar Instruments
5.3.2 Monopolar Instruments
5.4 Other Plastic Surgery Instruments
6 GLOBAL PLASTIC SURGERY INSTRUMENTS MARKET, BY PROCEDURE
6.2 Cosmetic Surgery
6.3 Reconstructive Surgery
7 GLOBAL PLASTIC SURGERY INSTRUMENTS MARKET, BY GEOGRAPHY
7.2 North America
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East and Africa
8 GLOBAL PLASTIC SURGERY INSTRUMENTS MARKET COMPETITIVE LANDSCAPE
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 B. Braun Melsungen AG
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 KLS Martin Group
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Integra LifeSciences Corporation
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Tekno-Medical Optik-Chirurgie GmbH
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Zimmer Biomet
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Sklar Surgical Instruments
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 KARL STORZ GmbH & Co. KG
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 BMT Medizintechnik GmbH
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Anthony Products, Inc.
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Bolton Surgical Ltd
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
|Perspective||Primary Research||Secondary Research|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
|Qualitative analysis||Quantitative analysis|
Since the COVID-19 virus outbreak in December 2019, the epidemic has spread to nearly every country across the globe with the World Health Organization (WHO) announced coronavirus disease 2019 (COVID-19) as a pandemic. Our research shows that outperformers seek growth in every dimension which is core expansion, geographic, up and down the value chain, and in adjacent spaces.
The COVID-19 pandemic has impacted every industry such as Aerospace & Defence, Agriculture, Food & Beverages, Automobile & Transportation, Chemical & Material, Consumer Goods, Retail & eCommerce, Energy & Power, Pharma & Healthcare, Packaging, Construction, Mining & Gases, Electronics & Semiconductor, Banking Financial Services & Insurance,ICT and many more.
The population around the globe had restricted themselves going out of their home and edge towards confining themselves to their homes which is impacting all the market negatively or positively.According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections
The spread of coronavirus has crippled the entire world. Nearly all countries have imposed lockdowns and strict social distancing measures. This has resulted in disruptions of supply chains. The pandemic has changed common systems around the world.
As the effect of COVID-19 spreads, the overall market has been impacted by COVID-19 and the growth rate has also been impacted in 2019-2020. Our latest research, perspectives, and insights on the management issues that matter most to the companies and organization about the market, which is leading through the COVID-19 crisis to managing risk and digitizing operations to deliver trusted information and experiences to the decision makers.
Market Forecast Related Considerations
- Impact on each country and various region
- Change in supply chain related operation
- Positive and negative scenarios of the market during the ongoing pandemic
- Impact on various sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods
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