Plastic Surgery Leaders: The Future Looks Bright
Business leaders worldwide are keeping a close eye on growth and revenue strategies in our new COVD19 reality. The Plastic & Aesthetic industry can be cautiously optimistic, with a recently forecasted growth rate of 10.% CAGR in 2020-2027.
According to Global Plastic Surgery, the Plastic Surgery Instruments marketplace will increase at 10.5% CAGR from the current 2020 forecast of $284,100,00.00.
In comparison, Plastic Surgery markets in Japan and Canada are forecast to grow at 3.7% and 6.2%, respectively, during the 2020-2027 time frame.
An industry report by Global Plastic Surgery, published in August 2020, also addresses the long term effect projected to impact the industry growth during the forecast period. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
The report studies Plastic Surgery, Aesthetics, Burns, Craniofacial, Hands, and Pediatric Plastic Surgery across global markets, in addition to Injectables, Lasers & Liposuction.
Reason to expect continued growth in the Plastics & Ambulatory Surgery industries include:
- Increased interest from patients who are wary of going to the hospital for surgeries.
- Upcoming CMS guidelines that may allow and reimburse Physicians to perform additional procedures in the Ambulatory/Outpatient settings.
- Increased demand for procedures from Millenial Clients seeking to keep their youthful appearance for as long as possible
If you are a Plastic Surgeon, Administrator, or Practice Consultant, the future looks rosy despite the influx of "bad news" from the media.
Now is the time to plan for your continued growth and success.
Online patient reviews have become more critical than ever, and having the right staff of polished and qualified professionals will make your practice stand out from the competition.
Questions about hiring exceptional, specialized Physician Assistants, Nurse Practitioners, Registered Nurses, Practice Managers, and Medical Assistants?