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MARKET OUTLOOK

Triton Market Research’s report infers that the North American cosmetic surgery and procedures market is likely to display a growth trend at a CAGR of 6.34% in the considered years 2021-2028. The United States and Canada outline the market in this region.

Canada has a large young population opting for noninvasive procedures, owing to advantages such as lesser postoperative and lower discomfort. Moreover, the aging population is opting for these procedures. Additionally, the presence of a large percentage of women in the workforce has enhanced the demand for cosmetic services, driving the market on a growth path. Furthermore, several companies are expanding operations in the country, advancing existing technologies, product launches, and product approvals. All these factors have increased the demand for surgical procedures, thereby augmenting the growth of the cosmetic surgery and procedures market in Canada. 

Likewise, numerous market players are concentrating on new products launched to gain market share in the United States. For instance, in 2020, Aptos threads named polypropylene surgical sutures threads were approved by the FDA. Other than this, changing lifestyles have increased the demand for tattoos. However, many are opting for tattoo removal procedures, which increased the demand for these procedures significantly. Thus, as stated above, all these factors are widening the scope and development of the cosmetic surgery and procedures market in the United States.

COMPETITIVE OUTLOOK

Some of the renowned enterprises in the cosmetic surgery and procedures market consist of Alma Lasers Ltd, Ipsen Group, Johnson and Johnson, Merz Pharma, Allergen, and Cutera Inc.