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Blepharoplasty Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI4243

Blepharoplasty Market Size is slated to witness commendable growth from 2022 to 2028, owing to the rising awareness about the benefits of eyelid surgery, such as vision improvement and removal of dark circles, among others. Additionally, its emergence as one of the most prominent cosmetic surgeries for both men and women globally, particularly in the United States, will also stimulate industry demand over the coming years. Blepharoplasty refers to a plastic surgery that fixes droopy eyelids through the removal of excess skin, fat, and muscle to improve the function and appearance of the eyelids. Depending on the requirement, this type of surgery is categorized into three varieties, namely double, lower, and upper eyelid blepharoplasty.
 

Increase in the geriatric population and the growing popularity of double eyelid surgeries, especially in Asian countries, are the major factors characterizing the overall blepharoplasty market trends through 2027. Apart from cosmetic reasons, blepharoplasty surgery can be conducted to treat vision obstruction caused by drooping skin in older people, thus proliferating the industry outlook. According to reliable statistics from the American Society of Plastic Surgeons, cosmetic procedures were valued at around $16.7 billion in the U.S. in 2020. This factor, alongside a considerable surge in healthcare spending in developed economies, will also add impetus to the market growth. However, possible risk factors associated with eyelid surgery, such as dry or irritated eyes, infection and bleeding, skin discoloration, and noticeable scarring, may hamper the adoption of blepharoplasty in the coming years.
 

Considering end-use, the ambulatory surgical centers segment is projected to hold a commendable share in the blepharoplasty market by 2027. Growth from this segment is due to the rising acceptance of minimally invasive techniques at these centers, and the presence of advanced technologies and excellent subject matter experts at these facilities. Moreover, low costs, increased safety, high convenience and accessibility of outpatient surgery centers as compared to hospital settings will also drive the segment expansion during the forecast timeframe.
 

The Europe blepharoplasty market is set to depict a strong growth rate through 2027. This is a result of the growing population of baby boomers and the emergence of eyelid surgery as one of the most sought-after treatments in Britain. According to the British Association of Aesthetic Plastic Surgeons’ report, requests for virtual consultations for surgical procedures witnessed a 70% hike during the lockdown, in preparation for in-person treatment post-lockdown. Such factors, coupled with the escalating number of plastic surgeons in the UK, will contribute to the regional share in the coming years.
 

The competitive landscape of the global industry consists of companies such as IOPtima, ThermiGen LLC, Luminera Derm Ltd., Levadent Ltd., GTG Wellness, Grand Aespio Inc., Bomtech Electronics Co., Ltd., and Advance Medical Systems Inc., among others. Strategic product launches, mergers, and acquisitions are some of the initiatives being undertaken by these market participants to expand their business presence in the global market.
 

Cancellation of Non-Emergency Surgical Procedures During COVID-19 to Impact Blepharoplasty Market Trends:

The novel coronavirus pandemic has posed challenges to the healthcare systems across the globe. Due to the presence of limited resources and personnel to cater to the COVID-19-infected patients, several countries canceled non-emergency or elective surgical procedures during the early months of the crisis. Factors such as these have adversely impacted the global industry dynamics over the past months. However, the positive attitude towards cosmetic plastic surgery among women during the pandemic, notably higher than the pre-COVID-19 levels, may help the industry regain momentum during the forecast timeline.
 

The blepharoplasty market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2027 for the following segments:

Market, by Procedure Type

  • Upper Eyelid Blepharoplasty
  • Lower Eyelid Blepharoplasty
  • Combination Eyelid Surgery

Market, by End-use

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE

 

What Information does this report contain?

Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2028.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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