Cosmetic Surgery Market to hit 94.5 billion in 2032 anticipated to expand at a CAGR of 5.8%.
The cosmetic surgery market has recorded a rapid growth that is influenced by such factors, including a growing prevalence of skin diseases and an increasingly desirable young look. Currently, around 1.8 billion people worldwide suffer from skin diseases at any one time, according to a report by the World Health Organization in March 2023. According to the data published by the British Skin Foundation, nearly 60% of the UK population reported having some sort of skin disorder. Advances in new technology and devices for treating cosmetic conditions, coupled with better reimbursement for the same, will propel greater patient involvement in such cosmetic treatments. Of course, also the fact that most patients prefer non-invasive procedures due to their ease and low risk of complications.