The Worth of Cosmetic Surgery Predictions
According to iData Research, the cosmetic surgery, facial aesthetic, and laser industries are expected to double in size and exceed $3 billion in annual revenue over the next 7 years. While it is hard to predict how fast these industries will grow for certain, there are many factors which have contributed (and will probably continue to contribute) to the rapid growth of the cosmetic industry. Among these reasons are wider social acceptability and innovative technological advances.
Even within the last 20 years, plastic surgery has become more legitimate in the eyes of mainstream America. While some people still think cosmetic plastic surgery is “wrong” or “unnecessary,” more and more people are appreciating the fact that plastic surgery can radically transform a person’s life.
For example, consider some of my Los Angeles breast reduction patients. These women get the cosmetic benefit of having shapely breasts that are in better proportion with the rest of their body contours, but more importantly, they are often able to transform their lifestyle, exercising more regularly and performing other activities they may have thought would never be possible for them given their uncomfortable, overly large breasts.
Of course, the safety of cosmetic procedures also plays a role in the increasing amount of money being spent. With laser technology particularly, rejuvenation can be entirely painless, promote faster healing or make procedures that used to take extensive surgery quicker and easier – all without making an incision. As technologies and procedures change dynamically, it’s hard to imagine what the next 7 years have in store for plastic surgery. One thing is for sure: the industry will continue to grow as it has in the past and may even exceed our predictions. As they say, only time will tell.
Dr. Grant Stevens
I am a board-certified Beverly Hills plastic surgeon with over 20 years of experience researching and implementing new approaches to plastic surgery. At Plastic Surgery Insider, you get the benefit of my experience and authority when you read my perspectives on the latest news and procedures in plastic surgery.
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