Blepharoplasty Market
Blepharoplasty Market Forecasts to 2030 - Global Analysis By Type (Upper Eyelid Blepharoplasty, Lower Eyelid Blepharoplasty and Combination Eyelid Surgery), Gender, Service Provider and By Geography
According to Stratistics MRC, the Global Blepharoplasty Market is accounted for $4.08 billion in 2023 and is expected to reach $7.75 billion by 2030 growing at a CAGR of 9.6% during the forecast period. A surgical technique called blepharoplasty aims to improve the appearance of the eyelids, specifically the upper, lower, or both. This cosmetic procedure can produce a more young and refreshed appearance and is frequently used to address numerous issues connected to the aging of the eyelids. In order to address aging symptoms such sagging or extra skin, wrinkles, and puffiness around the eyes, blepharoplasty is frequently performed. In addition to its cosmetic advantages, blepharoplasty can help with practical problems including visual impairment brought on by sagging upper eyelids. Some people get blepharoplasty to make their face look better overall and look more youthful.
According to a study conducted by the British Association of Aesthetic Plastic Surgeons, requests for virtual consultations for surgical procedures jumped by 70% during the lockdown in preparation for in-person treatment following the lockdown.
Market Dynamics:
Driver:
Increasing demand for the surgery among the aged population
The aging of the population, rising disposable money, and the desire to improve one's look are all contributing causes to the growth. Furthermore, the treatment is becoming more and more popular outside of the United States as well, including in China, Japan, and South Korea. The development of novel treatments, including non-invasive procedures and cutting-edge technologies, as a result of the increasing demand for blepharoplasty has also helped the industry expand. The aging population's desire to maintain a youthful appearance is a major market driver for blepharoplasty, and this trend is anticipated to persist in the years to come, supporting market expansion.
Restraint:
High cost
Depending on the degree of the procedure, as well as other elements including the surgeon's competence and location, the typical cost of blepharoplasty surgery in the United States varies. Some prospective patients are discouraged from having the surgery because of its exorbitant cost, especially those who lack sufficient health insurance or disposable income. Additionally, there is a chance that the surgery can have side effects like infection, bleeding, and scarring, which discourages patients from having the treatment done which hamper the growth of the market
Opportunity:
Customization utilizing new surgical methods
Blepharoplasty has become safer and more efficient thanks to improvements in surgical methods and technology. The operation is becoming more and more popular, in part because of minimally invasive techniques, quick recoveries, and better results. Procedures for blepharoplasty can be customized to each patient's unique requirements and objectives. In order to treat specific symptoms, such as upper eyelid sagging, lower eyelid puffiness, or a combination of problems, surgeons might tailor the procedure. Additionally, the market is expanding as a result of technological developments such plasma technology and laser-assisted devices, which offer precise and controlled tissue ablation and tightening with little harm to neighbouring tissues.
Threat:
Safety concerns with health insurance coverage
High-profile blepharoplasty-related problems or adverse events can damage public confidence and turn away potential patients. There may be more oversight and regulations as a result of safety concerns. For certain patients, access to blepharoplasty procedures may be hampered by limited or non-existent insurance coverage. Potential patients may be discouraged by the procedure's out-of-pocket cost, especially those who are on a limited budget. The market may be impacted by modifications to laws governing cosmetic surgery, especially blepharoplasty. Stricter rules or licensing requirements may raise the cost of practicing and reduce the availability of practitioners, which may have an impact on how accessible the treatment and the market.
Covid-19 Impact
The COVID-19 outbreak has hampered operations in the global healthcare industry. Blepharoplasty surgery has been significantly impacted by the COVID-19 pandemic. Strict lockdowns and social segregation policies have been put in place by several nations around the world, which have disrupted access to healthcare services and lowered the number of patients choosing to have blepharoplasty.
The upper eyelid blepharoplasty segment is expected to be the largest during the forecast period
The upper eyelid blepharoplasty segment is estimated to have a lucrative growth, as it is a type of cosmetic surgery that aims to improve the appearance of the upper eyelids. This surgery is frequently used to treat a variety of aesthetic issues brought on by aging, heredity, or other factors. By addressing concerns like extra skin and wrinkles on the top eyelids, hooded or drooping upper eyelids that may impair vision, and puffy or bulging fat deposits in the upper eyelid area, upper eyelid blepharoplasty aims to produce a more youthful and rejuvenated appearance thus driving the growth of the blepharoplasty market.
The hospitals segment is expected to have the highest CAGR during the forecast period
The hospitals segment is anticipated to witness the highest CAGR growth during the forecast period, due to the rise in patients having cosmetic surgery performed at hospitals as well as the increase in hospitals offering surgical procedures for the eyelid using cutting-edge medical technology. The postoperative treatment and instructions are given by hospital staff and may include recommendations for managing pain, caring for open wounds, and lowering swelling and bruising. Once a patient is stable and awake, they are typically released detailed postoperative instructions, including information on eye care, drugs, and activities to avoid during the early recovery phase, are frequently given to patients by hospital staff and surgeons.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the presence of pharmaceutical and medical device manufacturers in the area, as well as the increase in the geriatric population in nations like China and India, are both responsible for the market growth in this area. an increase in the number of elderly people, a rise in the number of people who have saggy or droopy upper eyelids as a result of sedentary lifestyles, and an increase in screen time as a result of the COVID-19 epidemic. Additionally, it is anticipated that the market for blepharoplasty would experience rise throughout the projection period because to the growing inclination for minimally invasive procedures. Double eyelid surgery is the most popular procedure in several Asian nations, particularly in Korea enhances the market growth in this region.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the existence of several significant key players and the rapid technological advancement of medical devices in this area. The main driver of the market's expansion is the rise in the number of people having blepharoplasty treatments to enhance the appearance of their eyes using innovative and sophisticated cosmetic techniques including laser resurfacing and dermal fillers. For instance, a report from the International Society of Aesthetic Plastic Surgery from 2021 estimates that 149,668 eyelid surgery treatments were completed there, compared to 53,253 in the U.S. which are propelling the growth of the regions market.
Key players in the market
Some of the key players profiled in the Blepharoplasty Market include Abbvie Inc, Allergan, Alma Lasers, Cynosure, Erchonia Corporation, Galderma, Grand Aespio Inc., Hologic, Johnson & Johnson, LightScalpel, London Bridge Plastic Surgery, Lumenis, M A Corporation, Medline industries, inc., Medtronic plc, Merz Pharma, Sientra, Sisram Medical Ltd, Surgical Holdings Ltd, Valeant Pharmaceuticals International and Zimmer Biomet.
Key Developments:
In October 2023, Allergan Aesthetics and Girls Inc. partner to speed the entry of young Women into Positions of Leadership in the STEM Field. The Allergan Aesthetics effort will focus specifically on leadership paths in STEM (science, technology, engineering, and math).
In October 2023, Johnson & Johnson Company announced a development and commercialization agreement with Sanofi for Janssen’s extraintestinal pathogenic Escherichia coli (ExPEC) investigational vaccine program. The lead vaccine candidate is currently being evaluated in the Phase 3 E.mbrace study for the prevention of invasive E. coli disease (IED) in adults aged 60 years and older.
In July 2023, AbbVie and Calibr expand strategic collaboration to advance several preclinical and early-stage clinical assets. This partnership is an expansion of the collaboration AbbVie and Scripps Research formed in 2019 to develop a broad range of potential new and novel therapeutics.
Types Covered:
• Upper Eyelid Blepharoplasty
• Lower Eyelid Blepharoplasty
• Combination Eyelid Surgery
Genders Covered:
• Female
• Male
Service Providers Covered:
• Hospitals
• Clinics
• Ambulatory Surgical Centre
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Blepharoplasty Market, By Type
5.1 Introduction
5.2 Upper Eyelid Blepharoplasty
5.3 Lower Eyelid Blepharoplasty
5.4 Combination Eyelid Surgery
6 Global Blepharoplasty Market, By Gender
6.1 Introduction
6.2 Female
6.3 Male
7 Global Blepharoplasty Market, By Service Provider
7.1 Introduction
7.2 Hospitals
7.3 Clinics
7.4 Ambulatory Surgical Centre
8 Global Blepharoplasty Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.8 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Abbvie Inc
10.2 Allergan
10.3 Alma Lasers
10.4 Cynosure
10.5 Erchonia Corporation
10.6 Galderma
10.7 Grand Aespio Inc.
10.8 Hologic
10.9 Johnson & Johnson
10.10 LightScalpel
10.11 London Bridge Plastic Surgery
10.12 Lumenis
10.13 M A Corporation
10.14 Medline industries, inc.
10.15 Medtronic plc
10.16 Merz Pharma
10.17 Sientra
10.18 Sisram Medical Ltd
10.19 Surgical Holdings Ltd.
10.20 Valeant Pharmaceuticals International
10.21 Zimmer Biomet
List of Tables
1 Global Blepharoplasty Market Outlook, By Region (2021-2030) ($MN)
2 Global Blepharoplasty Market Outlook, By Type (2021-2030) ($MN)
3 Global Blepharoplasty Market Outlook, By Upper Eyelid Blepharoplasty (2021-2030) ($MN)
4 Global Blepharoplasty Market Outlook, By Lower Eyelid Blepharoplasty (2021-2030) ($MN)
5 Global Blepharoplasty Market Outlook, By Combination Eyelid Surgery (2021-2030) ($MN)
6 Global Blepharoplasty Market Outlook, By Gender (2021-2030) ($MN)
7 Global Blepharoplasty Market Outlook, By Female (2021-2030) ($MN)
8 Global Blepharoplasty Market Outlook, By Male (2021-2030) ($MN)
9 Global Blepharoplasty Market Outlook, By Service Provider (2021-2030) ($MN)
10 Global Blepharoplasty Market Outlook, By Hospitals (2021-2030) ($MN)
11 Global Blepharoplasty Market Outlook, By Clinics (2021-2030) ($MN)
12 Global Blepharoplasty Market Outlook, By Ambulatory Surgical Centre (2021-2030) ($MN)
13 North America Blepharoplasty Market Outlook, By Country (2021-2030) ($MN)
14 North America Blepharoplasty Market Outlook, By Type (2021-2030) ($MN)
15 North America Blepharoplasty Market Outlook, By Upper Eyelid Blepharoplasty (2021-2030) ($MN)
16 North America Blepharoplasty Market Outlook, By Lower Eyelid Blepharoplasty (2021-2030) ($MN)
17 North America Blepharoplasty Market Outlook, By Combination Eyelid Surgery (2021-2030) ($MN)
18 North America Blepharoplasty Market Outlook, By Gender (2021-2030) ($MN)
19 North America Blepharoplasty Market Outlook, By Female (2021-2030) ($MN)
20 North America Blepharoplasty Market Outlook, By Male (2021-2030) ($MN)
21 North America Blepharoplasty Market Outlook, By Service Provider (2021-2030) ($MN)
22 North America Blepharoplasty Market Outlook, By Hospitals (2021-2030) ($MN)
23 North America Blepharoplasty Market Outlook, By Clinics (2021-2030) ($MN)
24 North America Blepharoplasty Market Outlook, By Ambulatory Surgical Centre (2021-2030) ($MN)
25 Europe Blepharoplasty Market Outlook, By Country (2021-2030) ($MN)
26 Europe Blepharoplasty Market Outlook, By Type (2021-2030) ($MN)
27 Europe Blepharoplasty Market Outlook, By Upper Eyelid Blepharoplasty (2021-2030) ($MN)
28 Europe Blepharoplasty Market Outlook, By Lower Eyelid Blepharoplasty (2021-2030) ($MN)
29 Europe Blepharoplasty Market Outlook, By Combination Eyelid Surgery (2021-2030) ($MN)
30 Europe Blepharoplasty Market Outlook, By Gender (2021-2030) ($MN)
31 Europe Blepharoplasty Market Outlook, By Female (2021-2030) ($MN)
32 Europe Blepharoplasty Market Outlook, By Male (2021-2030) ($MN)
33 Europe Blepharoplasty Market Outlook, By Service Provider (2021-2030) ($MN)
34 Europe Blepharoplasty Market Outlook, By Hospitals (2021-2030) ($MN)
35 Europe Blepharoplasty Market Outlook, By Clinics (2021-2030) ($MN)
36 Europe Blepharoplasty Market Outlook, By Ambulatory Surgical Centre (2021-2030) ($MN)
37 Asia Pacific Blepharoplasty Market Outlook, By Country (2021-2030) ($MN)
38 Asia Pacific Blepharoplasty Market Outlook, By Type (2021-2030) ($MN)
39 Asia Pacific Blepharoplasty Market Outlook, By Upper Eyelid Blepharoplasty (2021-2030) ($MN)
40 Asia Pacific Blepharoplasty Market Outlook, By Lower Eyelid Blepharoplasty (2021-2030) ($MN)
41 Asia Pacific Blepharoplasty Market Outlook, By Combination Eyelid Surgery (2021-2030) ($MN)
42 Asia Pacific Blepharoplasty Market Outlook, By Gender (2021-2030) ($MN)
43 Asia Pacific Blepharoplasty Market Outlook, By Female (2021-2030) ($MN)
44 Asia Pacific Blepharoplasty Market Outlook, By Male (2021-2030) ($MN)
45 Asia Pacific Blepharoplasty Market Outlook, By Service Provider (2021-2030) ($MN)
46 Asia Pacific Blepharoplasty Market Outlook, By Hospitals (2021-2030) ($MN)
47 Asia Pacific Blepharoplasty Market Outlook, By Clinics (2021-2030) ($MN)
48 Asia Pacific Blepharoplasty Market Outlook, By Ambulatory Surgical Centre (2021-2030) ($MN)
49 South America Blepharoplasty Market Outlook, By Country (2021-2030) ($MN)
50 South America Blepharoplasty Market Outlook, By Type (2021-2030) ($MN)
51 South America Blepharoplasty Market Outlook, By Upper Eyelid Blepharoplasty (2021-2030) ($MN)
52 South America Blepharoplasty Market Outlook, By Lower Eyelid Blepharoplasty (2021-2030) ($MN)
53 South America Blepharoplasty Market Outlook, By Combination Eyelid Surgery (2021-2030) ($MN)
54 South America Blepharoplasty Market Outlook, By Gender (2021-2030) ($MN)
55 South America Blepharoplasty Market Outlook, By Female (2021-2030) ($MN)
56 South America Blepharoplasty Market Outlook, By Male (2021-2030) ($MN)
57 South America Blepharoplasty Market Outlook, By Service Provider (2021-2030) ($MN)
58 South America Blepharoplasty Market Outlook, By Hospitals (2021-2030) ($MN)
59 South America Blepharoplasty Market Outlook, By Clinics (2021-2030) ($MN)
60 South America Blepharoplasty Market Outlook, By Ambulatory Surgical Centre (2021-2030) ($MN)
61 Middle East & Africa Blepharoplasty Market Outlook, By Country (2021-2030) ($MN)
62 Middle East & Africa Blepharoplasty Market Outlook, By Type (2021-2030) ($MN)
63 Middle East & Africa Blepharoplasty Market Outlook, By Upper Eyelid Blepharoplasty (2021-2030) ($MN)
64 Middle East & Africa Blepharoplasty Market Outlook, By Lower Eyelid Blepharoplasty (2021-2030) ($MN)
65 Middle East & Africa Blepharoplasty Market Outlook, By Combination Eyelid Surgery (2021-2030) ($MN)
66 Middle East & Africa Blepharoplasty Market Outlook, By Gender (2021-2030) ($MN)
67 Middle East & Africa Blepharoplasty Market Outlook, By Female (2021-2030) ($MN)
68 Middle East & Africa Blepharoplasty Market Outlook, By Male (2021-2030) ($MN)
69 Middle East & Africa Blepharoplasty Market Outlook, By Service Provider (2021-2030) ($MN)
70 Middle East & Africa Blepharoplasty Market Outlook, By Hospitals (2021-2030) ($MN)
71 Middle East & Africa Blepharoplasty Market Outlook, By Clinics (2021-2030) ($MN)
72 Middle East & Africa Blepharoplasty Market Outlook, By Ambulatory Surgical Centre (2021-2030) ($MN)
List of Figures
List of Figures
Figure 1 Global Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 2 North America Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 3 US Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 4 Canada Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 5 Mexico Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 6 Europe Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 7 Germany Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 8 UK Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 9 Italy Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 10 France Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 11 Spain Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 12 Rest of Europe Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 13 Asia Pacific Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 14 Japan Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 15 China Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 16 India Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 17 Australia Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 18 New Zealand Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 19 South Korea Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 20 Rest of Asia Pacific Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 21 South America Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 22 Argentina Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 23 Brazil Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 24 Chile Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 25 Rest of South America Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 26 Middle East & Africa Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 27 Saudi Arabia Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 28 UAE Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 29 Qatar Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 30 South Africa Blepharoplasty Market Outlook (2021-2030) ($MN)
Figure 31 Rest of Middle East & Africa Blepharoplasty Market Outlook (2021-2030) ($MN)
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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