According to prognosticators at Plastic and Reconstructive Surgery, the medical journal of the American Society of Plastic Surgeons (ASPS), in 2015 there will be more than 55 million cosmetic surgical procedures performed. This is more than quadruple the number of procedures performed in 2005. The recent study claims that consumer awareness, savvy marketing and advertising directed at consumers, and technological advances in non-surgical procedures will be the reasons for the growth.
The authors of the study analyzed annual ASPS statistics from 1992 to 2005, as well as predicted the volume of cosmetic surgery procedures using economic and non-economic variables. Growth rate analyses models also helped the authors form their opinions that 2015 may be a bumper year.
Non-surgical procedures will lead most of the growth over the next decade, according to the study. Between 1992 and 2005, surgical procedures’ compounded growth was 7.5%. However, non-surgical procedures grew at a compound rate of 27.9%. They believe that by 2015, only three percent of all procedures will be surgical. The remaining 97% will be non-surgical.
This is, of course, great news for the cosmetic surgery industry. They have expressed some worry over the economic slowdown, but most cosmetic surgeons believe the industry will “weather the storm” just as it has previous economic declines.
If you would like to learn more about surgical and non-surgical cosmetic procedures, please contact an experienced cosmetic surgeon in your area.
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