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I AgreeAnalysis of Facial Bone Contouring market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Patients are emphasizing on improvements of facial deformities such as facial jawline asymmetry, chin deformation, asymmetrical shape of the mouth. This is a major factor expected to drive the growth of the market over the forecast period. Increase in research and developmental activities in the area of cosmetics is also projected to drive the growth of the market.
The number of facial aesthetic surgeries has increased, which is expected to boost the growth of the facial bone contouring market. Post-procedure complications such as swelling, bleeding, infection, and seroma are factors expected to hinder the growth of the facial bone contouring market.
Geographically, the global facial bone contouring market is segmented into North America, Latin America, Europe, CIS & Russia, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). North America is expected to be the dominant regional market for facial bone contouring, followed by Europe, due to increased spending on cosmetic plastic surgeries. According to the American Society of Plastic Surgeons (ASPS), Americans spent more than US$ 16 Bn on cosmetic plastic surgeries in 2016.
The facial bone contouring market in Asia Pacific excluding Japan is expected to grow at the high CAGR during the forecast period and is projected to be a profitable market for new emerging players in the facial bone contouring market. Facial bone contouring procedures are highly popular among Asian population, especially in women. In Asia, mandibular angleplasty and reduction malarplasty are common facial contouring procedures performed independently. However, the market for facial bone contouring in Latin America, and the Middle East and Africa regions are estimated to show a stagnant growth over the forecast period.
Examples of some of the key players operating in the global facial bone contouring market are Stryker Corporation, DePuy Synthes Companies, Zimmer Biomet, Osteomed, Medtronic plc, Smith & Nephew Plc, Wright Medical Group N.V., NuVasive, Inc., Baxter International, Inc., and KLS Martin Group, among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Tentatively, the global facial bone contouring market can be segmented on the basis of product type, procedure type, end user and geography.
Based on product type, the global facial bone contouring market is segmented as:
Based on procedure type, the global facial bone contouring market is segmented as:
Based on end user, the global facial bone contouring market is segmented as:
Facial Bone Contouring Market: Overview
Increasing disposable income, technological advancements are some of the factors which are responsible for the growth of the global market. In the recent years, facial bone contouring has gained a lot of attention and popularity among health care providers and women. However, high cost associated with facial bone contouring is projected to hamper the growth of the global facial bone contouring market.
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The valuation of the facial bone contouring market stands at US$ 2 billion.
The market is estimated to grow at a CAGR of 9.5% as the frequency of cosmetic face surgery has grown.
Manufacturers are likely to find most opportunities in North America.