Skin Excision Market Size to Surpass Around USD 59.3 Billion by 2030

According to Latest Study, the global skin excision market was valued at USD 27.8 billion in 2021 and it is predicted to surpass around USD 59.3 billion by 2030 with a CAGR of 8.78% from 2022 to 2030.

Report Highlights

• The mastopexy procedure segment held a lucrative revenue share of more than 37.64% in 2021. The segment is also anticipated to witness a healthy CAGR of 9.5% from 2022 to 2030.
• The clinics’ segment dominated the market for skin excision and accounted for the largest revenue share of 68.66% in 2021.
• North America dominated the market for skin excision and accounted for the largest revenue share of 41.7% in 2021.
• In the Asia Pacific, the market for skin excision is anticipated to witness significant growth over the forecast period.
• By procedure, the U.S. skin excision market was valued at USD 27.4 billion in 2021 and expected to witness growth at a CAGR of 8.63% from 2022 to 2030.

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The market expansion of skin excision is primarily caused by the rising elderly population, rising obesity incidence, and rising aesthetic consciousness. The skin excision method has changed over a short period due to expanding demand, rising discretionary income, growing awareness, and adoption of cosmetic procedures, technological improvement in the devices used for surgeries, advancements in drugs and therapies, availability of qualified surgeons, and improved healthcare facilities.

Skin excision is a procedure in which excess skin is removal removed and people who lose a lot of weight through weight loss surgery or lifestyle changes opt for such treatment as their skin becomes loose and sags. There are various types of procedures for excess skin removal including Brachioplasty, Mastopexy, Rhytidectomy, Thigh lift, Neck Lift, Brow lift, Abdominoplasty, etc. These procedures are carried out at hospitals and clinics where board-certified surgeons perform such skin excision procedures.

People have become more conscious about their personalities and appearances with major influence from social media. To overcome body flaws because of aging, pregnancy, heredity, or high BMI, people opt for reconstructive surgeries. The ratio of females appearing for surgery seems to be higher than males. For instance, according to ISAPS report 2020, 92.0% of the total procedures of abdominoplasty (Tummy Tuck) were performed on females which were approximately 703,778 in number.

The demand for skin excision procedures shrank in 2020 due to the outbreak of COVID as global restrictions and lockdown were imposed in most countries initially, and many non-cosmetic surgical procedures were halted. However, ISAPS reported, that the willingness to opt for invasive as well as non-invasive treatments globally has increased post-pandemic.

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Scope of The Report

Procedure Type Insights

The mastopexy procedure segment held a lucrative revenue share of more than 37.64% in 2021. The segment is also anticipated to witness a healthy CAGR of 9.5% from 2022 to 2030. Mastopexy is a surgical procedure that lifts and reshapes sagging breasts by removing excess skin and tightening supporting tissues. The average cost of mastopexy is approximately between USD 10,000-14,000, plus anesthesia and operating room fees. According to the Plastic Surgery Statistics Report, 87,051 Mastopexy procedures were conducted in the year 2020. Predominantly females undergo this surgery due to breast ptosis. Age, higher BMI, weight gain during pregnancy, and lack of upper body exercise are some of the factors responsible for breast ptosis. The rising prevalence of weight and hormonal fluctuations, aging, heredity, and obesity are expected to increase the occurrence of sagging breasts. Increasing aesthetic appearance consciousness and body awareness is expected to drive the market.

End-use Insights

The clinics’ segment dominated the market for skin excision and accounted for the largest revenue share of 68.66% in 2021. This dominion can be contributed to their less waiting period and better post-treatment care and facilities for these skin excision procedures. Clinics have board-certified specialist surgeons who provide personalized treatments to patients. For instance, according to the ISAPS report 2020, around 59.4% of surgeons perform Brachioplasty worldwide. Skin Excision procedure if not conducted properly has risks and side effects.

To avoid these side effects, it is necessary for a patient that the surgery is performed by a board-certified surgeon as they are experienced and trustworthy. Moreover, the skin excision procedure requires a longer period of recovery and many sessions to complete it. In the case of hospitals, the waiting period for getting appointments is high as compared to the clinics, and hence, clinics are expected to experience growth over the forecast period.

Regional Insights

North America dominated the market for skin excision and accounted for the largest revenue share of 41.7% in 2021. Expanding geriatric populace, and the rising prevalence of obesity due to poor dietary habits and sedentary lifestyles are the main considerations crediting to its bigger piece of the market. The region also has high awareness, technological advancement, and access to cosmetic surgery services with a strong range of disposable income thereby leading to high demand.

In the Asia Pacific, the market for skin excision is anticipated to witness significant growth over the forecast period owing to the rising population, growing awareness, and increasing healthcare facilities in this region. The developing countries in this region have expanded their healthcare facilities and people from this region are becoming very aware of these procedures because of medical tourism and increased use of the internet and social media. For instance, according to the ISAPS report, on average 5.2% of patients opt forend cosmetic surgical procedures in India.

Key Players

• Long Island Plastic Surgical Group, US
• Nazarian Plastic Surgery, US
• Charlotte: Piedmont Plastic Surgery & Dermatology, US
• Bella Sante MD Cosmetic and Laser Clinic, Canada
• American Hospital of Paris Plastic Surgery Unit, France

Market Segmentation

• By Procedure Type Outlook
  • Brachioplasty
  • Mastopexy
  • Rhytidectomy
  • Panniculectomy
  • Thigh Lift
  • Tummy Tuck
  • Neck Lift
  • Brow Lift
  • Breast Reduction
• By End-use Outlook
  • Hospitals
  • Clinics
• By Regional Outlook
  • North America

• • Europe
  • Asia Pacific
  • Latin America
  • MEA

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