The global oculoplastic surgery market size is expected to reach USD 14.02 billion by 2030, according to a new report by Grand View Research, Inc. It is anticipated to register a 6.05% CAGR over the forecast period. The market is primarily driven by the rising geriatric population, increasing number of oculoplastic surgical procedures, and technological advancements in the medical aesthetics industry. Furthermore, increasing patient awareness and rising disposable income are also fueling the growth. Factors such as the rising disposable income, standard of living, social media influence, and awareness among people are anticipated to bode well for the growth.
According to the results from a survey conducted by the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS), social media has massive impact on aesthetics, especially in the way consumers perceive and project themselves. The survey results highlighted that 55% of facial plastic surgeons consulted patients who wanted to look better in selfies in 2017, showing a 13% increase from the previous year.
With a wide range of oculoplastic surgery procedures available in the market, more people are willing to undergo such treatment due their affordability and feasibility. Furthermore, rising medical tourism and better reimbursement policies are also boosting the market growth. The medical tourism market is anticipated to witness significant growth over the forecast period, which is expected to bode well for the overall market for oculoplastic surgery.
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North America accounted for the largest market share in 2023, owing to the presence of favorable reimbursement policies, presence of key players, and supportive government initiatives
By procedure, eyelid segment accounted for the largest market share and is expected to maintain its dominance during the forecast period.
Browlift and forehead lift segment is expected to register the fastest growth during the forecast period owing to high adoption of this surgery
Some of the key companies in the oculoplastic surgery market are Bausch + Lomb, Carl Zeiss Meditec AG, Stryker, and Integra LifeSciences Corporation. These players are focusing on new product launches to introduce advanced services
Grand View Research has segmented the global oculoplastic surgery market based on product, procedure, end-use, and region:
Oculoplastic Surgery Product Outlook (Revenue, USD Million, 2018 - 2030)
Instruments
Forceps
Knife Handles and Blades
Scissors
Needle Holders
Clamps
Hooks and Retractors
Others
Implants & Grafts
Equipment
Oculoplastic Surgery Procedure Outlook (Revenue, USD Million, 2018 - 2030)
Eyelid Surgery
Facelift
Brow Lift/ Forehead Lift
Pediatric Oculoplastic Surgery
Orbital surgery
Oculoplastic Surgery End-use Outlook (Revenue, USD Million, 2018 - 2030)
Hospitals and Clinics
Ambulatory Surgical Centers
Oculoplastic Surgery Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Norway
Sweden
Denmark
Asia Pacific
China
Japan
India
Thailand
South Korea
Australia
Latin America
Mexico
Brazil
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in Oculoplastic Surgery Market
Surgical Holdings
Matrix Surgical USA
Integra LifeSciences Corporation
Stryker
FCI
Bolton Surgical Ltd
RUMEX International Co.
BVI Medical
Carl Zeiss Meditec AG
Bausch + Lomb
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