Monday, February 25, 2013

Cosmetic Surgery Growth

The American Society of Plastic Surgeons reported a 5% increase in 2012 with14.6 million procedures.  Interestingly, minimally invasive treatments using botox, fillers and chemical peels accounted for approximately 90% of the total procedures, coming in at 13 million procedures.  Botox treatments rose 8% (6.1 million), along with microdermabrasion.  Fillers rose 5%, laser hair removal treatments rose 4%, and chemical peels rose 2%.  Facelifts dropped by 2% to 1.6 million procedures and and breast enlargements dropped 7% to 286,000 procedures. 

Globally, cosmetic surgery grew by 10% to $6 billion in 2012 and is projected to reach $6.3 billion in 2013. The Asian market is expected to grow by 14% and the European market by 6.6%.  Not surprisingly, the  U.S. ranks #1, Brazil #2, with Italy ranking as Europe's largest cosmetic surgery country, followed by France and Germany. There are changes are in the wind.