Surgical precision: Demand for anti-ageing and weight loss procedures has driven growth

The Plastic Surgeons industry has undergone modest growth over the past five years. The industry's target markets, including middle-aged and older females, and people who are overweight or obese, have grown over the past five years. Demand has increased due to more potential candidates for surgical procedures such as liposuction, tummy tucks and facelifts, and non-surgical procedures such as botox. Growing social acceptance of plastic surgery, combined with greater discretionary income, has made potential customers more likely to undergo industry procedures. Industry revenue is expected to rise at an annualised 2.6% over the five years through 2017-18, to reach $1.1 billion. This includes expected growth of 1.5% in the current more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry revenue has increased despite the growing popularity of overseas cosmetic tourism
  • Growing obesity levels in Australia has contributed to industry revenue growth
  • High barriers to entry are anticipated to prevent internal competition from increasing
  • Industry Report - Industry Investment Chapter

    The Plastic Surgeons industry has a low level of capital intensity. The industry is expected to invest $0.07 in capital for every dollar spent on wages. Industry wage costs are high due to the qualifications required to become a plastic surgeon. Consumers are generally paying more for the expertise of their surgeon than the use of medical equipment. The industry's capital investments involve high-technology medical and surgical equipment, which are often expensive. While the industry's wage costs still heavily outweigh capital investment, increased automation in surgical processes has increased capital intensity over the past five years...purchase to read more.

    Additional Insights for the Plastic Surgeons Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plastic Surgeons Industry are

  • Ability to quickly adopt new technology
  • Accessibility to consumers/users
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Female population aged 35 and older and Levels of obesity in the Plastic Surgeons industry impact industry performance..

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    What's in this report

    What is the Plastic Surgeons Industry?

    Industry operators primarily provide medical techniques intended to enhance the physical appearance of consumers for cosmetic or reconstructive purposes. Firms consist of medical specialist clinics where licensed professional doctors perform surgical and non-surgical procedures.

    Industry Products
  • Injectables
  • Other cosmetic surgical procedures
  • Other cosmetic non-surgical procedures
  • Rhinoplasty
  • Breast augmentations and reductions
  • Reconstructive surgical procedures
  • Industry Activities
  • Cosmetic injections
  • Rhytidectomy (face lift)
  • Microdermabrasion
  • Chemical peels
  • Breast augmentations and reductions
  • Liposuction
  • Rhinoplasty (nose surgery)
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Female population aged 35 and older
  • Levels of obesity
  • Consumer sentiment index
  • Real household discretionary income

  • Current Performance
  • Participation and profit
  • Ageing population
  • Obesity levels
  • Consumer trends
  • New regulatory guidelines
  • Chart: Revenue Growth

  • Industry Outlook
  • Participation and profit
  • Ageing population
  • Obesity levels
  • Constraints to growth
  • Table: Plastic Surgeons Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastic Surgeons Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Diagnostic Imaging Services
  • Medical and Surgical Equipment Manufacturing
  • Pharmaceutical Product Manufacturing

  • Products & Services
  • Injectables
  • Other cosmetic surgical procedures
  • Other cosmetic non-surgical procedures
  • Breast augmentations and reductions
  • Reconstructive surgical procedures
  • Rhinoplasty
  • Chart: Plastic Surgeons Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged between 35 and 54
  • People aged 55 and over
  • People aged 34 and under
  • Chart: Major Market Segmentation for the Plastic Surgeons Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Plastic Surgeons

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastic Surgeons Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Plastic Surgeons Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plastic Surgeons Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Botulinum Toxin (Botox)
  • A toxic strain of protein that inhibits nerve impulses to soften muscles and reduce the appearance of wrinkles.
  • Liposuction
  • Liposuction involves removing excess fat from specific areas of the body by inserting a small, hollow tube through one or more tiny incisions near the area to be suctioned.
  • Microdermabrasion
  • Microdermabrasion is a procedure that uses a mechanical medium for exfoliation to gently remove the outermost layer of dead skin cells.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plastic Surgeons market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Plastic Surgeons:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plastic Surgeons market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plastic Surgeons, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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