Blepharoplasty Market: Current Analysis and Forecast (2024-2032)

Report Description

Blepharoplasty Market Size & Forecast

The Blepharoplasty market was valued at approximately USD 3.7 Billion and is expected to grow at a strong CAGR of around 5% during the forecast period (2024-2032). Owing to the rising trend of cosmetic makeovers.

Blepharoplasty Market Analysis

Blepharoplasty, commonly known as eyelid surgery, is a cosmetic procedure aimed at improving the appearance of the eyelids. This surgical intervention can be performed on the upper lids, lower lids, or both, addressing issues such as sagging skin, puffiness, and wrinkles. The primary goal is to rejuvenate the area around the eyes, enhance the overall facial appearance, and often improve vision, which is impaired by drooping eyelids. The blepharoplasty market is expanding rapidly, driven by an aging population, increasing aesthetic awareness, and significant technological advancements. A continuous increase in the elderly population is a major driver for the blepharoplasty market.

For instance, as per the data of WHO, in 2019, the elderly population (60+ years age) was 1 billion, which is expected to reach 1.4 billion by 2030 and 2.1 billion by 2050.

For instance, as per the data on Facial Plastic Surgery, in Females, eye lifts (blepharoplasties) are performed by 73% of the surgeons.

For instance, as per the findings of a meta-analysis, the chances of developing eye-related complications increase after any aesthetic procedure. Vision loss was the most common ophthalmic complication, with an incidence rate of (0.0008%).

Blepharoplasty Market Trends

This section discusses the key market trends that are influencing the various segments of the Blepharoplasty Market as identified by our team of research experts.

Increasing Demand Among Younger Patients

Traditionally, blepharoplasty has been popular among older adults seeking to address age-related changes such as sagging eyelids and puffiness. However, there is a growing trend of younger patients opting for eyelid surgery. This shift is driven by increased awareness of aesthetic procedures, the influence of social media, and a desire for preventative measures against aging. Younger individuals are seeking subtle enhancements to maintain a youthful appearance rather than waiting to correct more pronounced signs of aging.

North America is Expected to Grow with Significant CAGR During Forecast Period

The Blepharoplasty market in North America has experienced significant growth in recent years, driven by various factors. North America, particularly the U.S., represents one of the largest markets for Blepharoplasty globally. One of the primary drivers of the blepharoplasty market in North America is the aging population. According to the U.S. Census Bureau, the number of Americans aged 65 and older is projected to nearly double by 2060, reaching approximately 95 million. This demographic shift results in a higher demand for cosmetic procedures that can reduce the visible signs of aging, such as blepharoplasty.

Blepharoplasty Industry Overview

The Blepharoplasty market is competitive, with the presence of several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are Advance Medical Systems Inc, ThermiGen LLC, Agnes, GTG Wellness Sdn, Grand Aespio Inc, Cynosure, Bomtech Electronics, Luminera Derm Ltd, Re-Aesthetic Limited, and Levadent Ltd.

Blepharoplasty Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The global Blepharoplasty market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Frequently Asked Questions (FAQ)

You can also purchase parts of this report. Do you want to check out a section wise
price list?

Get in touch with team

Research Methodology

Research Methodology for the Blepharoplasty Market Analysis (2024-2032)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global Blepharoplasty market were the three major steps undertaken to create and analyze the adoption of Blepharoplasty in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Blepharoplasty market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Blepharoplasty market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Blepharoplasty market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as type, end-user, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Blepharoplasty market. Further, we conducted factor analysis using dependent and independent variables such as type, end-user, and regions of the Blepharoplasty market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Blepharoplasty market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Blepharoplasty market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the Blepharoplasty market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global Blepharoplasty market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Blepharoplasty market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of the Type, end-user, and regions in the global Blepharoplasty market.

The main objective of the Global Blepharoplasty Market Study

The current & future market trends of the global Blepharoplasty market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the Blepharoplasty market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
• Segments in the study include areas of the Type, end-user, and regions.
• Define and analysis of the regulatory framework for the Blepharoplasty
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the Blepharoplasty market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
• Company profiles of the Blepharoplasty market and the growth strategies adopted by the market players to sustain in the fast-growing market.
• Deep dive regional level analysis of the industry

You can also purchase parts of this report. Do you want to check out a section wise
price list?

Get in touch with team