Gynecomastia Treatment Market Booms as Demand for Minimally Invasive Procedures Rises | Top Key Players: Allergan plc, Pfizer Inc., Johnson & Johnson, and More
Apr 15, 2024
Notice: Undefined variable: cofig in /var/www/icrowdmarketing/submission/news.php on line 386
Notice: Trying to get property 'poweredby' of non-object in /var/www/icrowdmarketing/submission/news.php on line 386
iCrowdMarketing
Market Overview
Gynecomastia Treatment Market Research Report Information By Type (Drugs and Surgical Treatment), By Application (Hospital Pharmacies, Retail Pharmacies and Online Pharmacies), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
According to a Comprehensive Report by MRFR/Market Research Future (MRFR), Gynecomastia Treatment Market Information by Type, Application, and Region - Forecast till 2032", the gynecomastia treatment industry is set to expand from USD 0.88 Billion in 2023 to USD 1.60 Billion by 2032, at an impressive rate of 7.80% from 2023 to 2032.
Market Synopsis
Surgery can treat gynecomastia, which is a disorder in which men acquire extra breast tissue. This may be caused by hormone imbalances, drugs, or health issues. A more manly chest look may be achieved via liposuction, glandular tissue removal, or both. Growing knowledge of cosmetic and aesthetic procedures and lessened stigma have led more men to choose gynecomastia treatments.
Media, celebrity culture, and body image awareness have further raised gynecomastia demand, especially among younger people. Patients may get high-quality, tailored gynecomastia treatment as doctors become experts. Combination operations, which combine liposuction and glandular tissue removal for complete and natural results, are increasingly becoming more popular. This method is for individuals who seek a complete fat and glandular overgrowth remedy.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/20666
Market Competitive Landscape:
- Allergan plc
- Pfizer Inc.
- Johnson & Johnson
- Merck & Co., Inc.
- Novartis International AG
- Eli Lilly and Company
- AbbVie Inc.
- Ipsen Pharma
- Endo Pharmaceuticals Inc.
- Sandoz International GmbH
Market USP Covered:
Market Drivers:
Market growth is driven by hormonal imbalances and obesity drugs like anabolic steroids and antidepressants. Lifestyle changes including sedentary lives and bad diets also increase gynecomastia prevalence. The introduction of less invasive treatments like liposuction and glandular tissue excision has also boosted the industry. The high success rate of 85%–95% makes liposuction a popular therapy.
Recent years have seen more gynecomastia instances. It is commonly acknowledged as a prevalent condition. Gynecomastia affects 50-60% of teenage males throughout puberty, however most instances are minor and heal without therapy. Gynecomastia prevalence varies by population. Approximately 65% of adult males may develop gynecomastia. Rates rise with age, especially in older men. According to an April 2022 article, 29,532 gynecomastia surgeries are done in India yearly, showing a substantial number of patients.
Additionally, the rising link between self-esteem and beauty will boost market development. Self-esteem was adversely connected with unhealthy weight in young people, according to an August 2022 Journal of Education and Health Promotion paper. The growing elderly population in industrialized nations also boosts market development. The American Academy of Dermatology Association also reported no serious problems in senior cosmetic surgery patients. Due to healthier lifestyles, body-contouring surgeries like gynecomastia had better effects than younger age groups. However, inadequate reimbursement policies and limited procedure knowledge hinder market development.
Buy Now Premium Research Report: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=20666
Market Restraints:
In the gynecomastia procedures market, patient safety is a matter of great concern. Essentially, there are risks associated with invasive procedures done by non-professionals; this underscores the importance of stringent safety measures. This poses a challenge in terms of affordability and accessibility especially in regions where cosmetic work is not insured for. It could make the global reach of gynecomastia procedures market to be limited only to some particular focus group that might be affected by its geographical location constraints.
Segment Analysis:
The global Gynecomastia Treatment Market is segmented based on type and application.
In terms of type, the market is segmented into Drugs and Surgical Treatment. The drugs segment dominated the Gynecomastia Treatment market in 2022, primarily due to its non-invasive nature and effectiveness in addressing hormonal imbalances.
Regarding application, the global Gynecomastia Treatment Market is segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. The Hospital Pharmacies segment held the largest market share in 2022, owing to its essential role within healthcare institutions.
Regional Analysis:
The global Gynecomastia Treatment Market is divided into North America, Europe, Asia-Pacific, and the Rest of the World regions.
North America, comprising the US and Canada, maintained the largest market share in the Gynecomastia Treatment market. This dominance is attributed to advanced healthcare infrastructure, high awareness levels, and increasing acceptance of aesthetic procedures. The region's robust healthcare system and cultural emphasis on physical appearance and wellness drive the demand for gynecomastia treatments.
Europe has shown consistent growth in the Gynecomastia Treatment market due to its advanced healthcare systems and cultural acceptance of cosmetic procedures. The region's well-established medical infrastructure and regulatory support contribute to market growth, along with increasing awareness of gynecomastia treatment options.
Browse In-depth Market Research Report (128 Pages) on Gynecomastia Treatment: https://www.marketresearchfuture.com/reports/gynecomastia-treatment-market-20666
Asia-Pacific exhibits the highest Compound Annual Growth Rate (CAGR) in the Gynecomastia Treatment market, driven by rising awareness of aesthetic procedures and evolving healthcare infrastructure. Factors such as increased disposable incomes, changing beauty standards, and adoption of Western beauty ideals contribute to market growth in the region.
The Rest of the World, including the Middle East, Africa, and Latin America, is experiencing growth in the Gynecomastia Treatment market due to increasing awareness of cosmetic procedures and changing cultural perceptions. Rising disposable income and acceptance of gynecomastia treatments contribute to market expansion in these regions.
Discover More Research Reports on Healthcare Industry by Market Research Future:
Life Science Analytics Market Research Report Information By Type of Analytics (Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics), By Application (Pharmacovigilance, Regulatory Compliance, Research & Development, Sales & Marketing, and Supply Chain Optimization), By Component (Software, Services, and Hardware), By Deployment Model (On-Premise, and Cloud-Based), By End-User (Hospitals, Clinics, and Others), And By Region (Europe, Asia-Pacific, North America, And Rest Of The World) – Market Forecast Till 2030.
Anti-Venom Market Research Report Information By Type (Polyvalent, Monovalent, and Others), By Species (Snake, Spider, Scorpion, and Others), By Mode of Action (Cytotoxic, Neurotoxic, Haemotoxic, Cardiotoxic, Myotoxic, and Others), By End-User (Clinics, Hospitals, Ambulatory surgical centers, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
Breast Implants Market Research Report Information By Product (Silicone implants, Saline implants, Smooth Breast implants, Round implants), By Shape (Anatomical, Round), By Application (Breast Reconstruction, Breast Augmentation), By End-User (Clinics, Hospitals, cosmetics centers, ambulatory surgical centers and others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
Human Genetics Market Research Report Information by Application (Wellness & E-Commerce, Preventive Medicine, Diagnostic & Treatment), by Test (NIPT, Carrier Testing, Pharmacogenomic Testing, Karyotype Testing, Thrombophilia Testing, Septin 9 Biomarker Testing, NGS, Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032.
Automated Cell Culture Market Research Report Information By Type (Whole Lab Automation, Modular Automation), By Application (Diagnostics, Biopharmaceutical Production, Toxicity Testing, Drug Screening & Development, Tissue Engineering & Regenerative Medicine, And Stem Cell Research), By End Users (Hospitals & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Cell Banks, And Research Institutes), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
URL : https://www.marketresearchfuture.com/reports/gynecomastia-treatment-market-20666
Contact Information:
99 Hudson Street, 5Th FloorNew York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Tags: English, Gynecomastia Treatment Market,Gynecomastia Treatment Market Trends,Gynecomastia Treatment Market Insights,Gynecomastia Treatment Market Demand,Gynecomastia Treatment Market Size,Gynecomastia Treatment Market Share,Gynecomastia Treatment Market Research,Gynecomastia Treatment Market Outlook,Gynecomastia Treatment Market Analysis