The Vietnam cosmetic surgery and procedure market is forecasted to record a CAGR of 6.22% during the estimated years. The country’s market growth is mainly fueled by affordable cosmetic surgery rates and the developing healthcare industry. While the base year considered for the market studied is 2021, the forecasting period is from 2022 to 2028.
VIETNAM COSMETIC SURGERY AND PROCEDURE MARKET FORECAST 2022-2028
Vietnam Cosmetic Surgery and Procedure Market by Type (Surgical (Breast Augmentation, Liposuction, Eyelid Surgery, Tummy Tuck, Breast Lift, Other Surgical Types), (Non-surgical (Botulinum Toxin, Dermal Fillers, Laser Hair Removal, Chemical Peel, Microdermabrasion, Photo-rejuvenation, Other Non-surgical Types))
The Vietnam cosmetic surgery and procedure market is forecasted to record a CAGR of 6.22% during the estimated years. The country’s market growth is mainly fueled by affordable cosmetic surgery rates and the developing healthcare industry. While the base year considered for the market studied is 2021, the forecasting period is from 2022 to 2028.
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Classified as a type of plastic surgery, cosmetic surgery aims to enhance a person’s appearance. The increasing access to cosmetic procedures by a significant number of people owing to their affordability, technological advancements in non-invasive as well as minimally invasive procedures, and the easy availability of well-equipped clinics are among the major drivers facilitating the demand for cosmetic surgeries and procedures.
Although Vietnam is still emerging in terms of the prevalence of plastic surgery, it was named the cheapest country for plastic surgery globally by the Beauty Price Index in 2018. Aligning with this, while breast augmentation in Vietnam costs $2,000, a nose job is priced at just under $1,000. Furthermore, Vietnamese women public figures such as Ngoc Trinh are also undergoing cosmetic surgeries for purposes beyond beauty and appearances. Hence, these factors are set to propel the cosmetic surgery and procedure market growth in Vietnam over the forecast period.
With its headquarters in Switzerland, Galderma facilitates aesthetic and therapeutic solutions for treating patients with skin diseases. It focuses on the manufacture, research and development, and marketing of a diverse range of pharmaceuticals, drugs, and biosimilars, primarily for the dermatology therapeutic avenue. The company’s extensive product portfolio is available in 80 nations, treating a wide spectrum of dermatological conditions, such as onychomycosis, acne, rosacea, psoriasis & steroid-responsive dermatoses, and others.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- COUNTRY SNAPSHOT AND ANALYSIS
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY ANALYTICS
- IMPACT OF COVID-19 ON COSMETIC SURGERY AND PROCEDURE MARKET
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- NEW ENTRY
- SUBSTITUTIONS
- INDUSTRY RIVALRY
- VALUE CHAIN ANALYSIS
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- KEY MARKET TRENDS
- MARKET BY TYPE
- SURGICAL
- BREAST AUGMENTATION
- LIPOSUCTION
- EYELID SURGERY
- TUMMY TUCK
- BREAST LIFT
- OTHER SURGICAL TYPES
- NON-SURGICAL
- BOTULINUM TOXIN
- DERMAL FILLERS
- LASER HAIR REMOVAL
- CHEMICAL PEEL
- MICRODERMABRASION
- PHOTO-REJUVENATION
- OTHER NON-SURGICAL TYPES
- SURGICAL
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
- COMPANY PROFILES
- ALLERGAN PLC (ACQUIRED BY ABBVIE)
- GALDERMA (ACQUIRED BY EQT)
- IPSEN SA
- JOHNSON & JOHNSON
- MERZ PHARMA
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – VIETNAM COSMETIC SURGERY AND PROCEDURE
TABLE 2: VIETNAM COSMETIC SURGERY AND PROCEDURE MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: VIETNAM COSMETIC SURGERY AND PROCEDURE MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 4: VIETNAM SURGICAL MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: VIETNAM SURGICAL MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 6: VIETNAM NON-SURGICAL MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: VIETNAM NON-SURGICAL MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
TABLE 8: LIST OF MERGERS & ACQUISITIONS
TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 11: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
LIST OF FIGURES
FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
FIGURE 2: VALUE CHAIN ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: KEY INVESTMENT INSIGHTS
FIGURE 6: VIETNAM COSMETIC SURGERY AND PROCEDURE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
FIGURE 7: VIETNAM COSMETIC SURGERY AND PROCEDURE MARKET, BY SURGICAL, 2022-2028 (IN $ MILLION)
FIGURE 8: VIETNAM SURGICAL MARKET, BY BREAST AUGMENTATION, 2022-2028 (IN $ MILLION)
FIGURE 9: VIETNAM SURGICAL MARKET, BY LIPOSUCTION, 2022-2028 (IN $ MILLION)
FIGURE 10: VIETNAM SURGICAL MARKET, BY EYELID SURGERY, 2022-2028 (IN $ MILLION)
FIGURE 11: VIETNAM SURGICAL MARKET, BY TUMMY TUCK, 2022-2028 (IN $ MILLION)
FIGURE 12: VIETNAM SURGICAL MARKET, BY BREAST LIFT, 2022-2028 (IN $ MILLION)
FIGURE 13: VIETNAM SURGICAL MARKET, BY OTHER SURGICAL TYPES, 2022-2028 (IN $ MILLION)
FIGURE 14: VIETNAM COSMETIC SURGERY AND PROCEDURE MARKET, BY NON-SURGICAL, 2022-2028 (IN $ MILLION)
FIGURE 15: VIETNAM NON-SURGICAL MARKET, BY BOTULINUM TOXIN, 2022-2028 (IN $ MILLION)
FIGURE 16: VIETNAM NON-SURGICAL MARKET, BY DERMAL FILLERS, 2022-2028 (IN $ MILLION)
FIGURE 17: VIETNAM NON-SURGICAL MARKET, BY LASER HAIR REMOVAL, 2022-2028 (IN $ MILLION)
FIGURE 18: VIETNAM NON-SURGICAL MARKET, BY CHEMICAL PEEL, 2022-2028 (IN $ MILLION)
FIGURE 19: VIETNAM NON-SURGICAL MARKET, BY MICRODERMABRASION, 2022-2028 (IN $ MILLION)
FIGURE 20: VIETNAM NON-SURGICAL MARKET, BY PHOTO-REJUVENATION, 2022-2028 (IN $ MILLION)
FIGURE 21: VIETNAM NON-SURGICAL MARKET, BY OTHER NON-SURGICAL TYPES, 2022-2028 (IN $ MILLION)
- MARKET BY TYPE
- SURGICAL
- BREAST AUGMENTATION
- LIPOSUCTION
- EYELID SURGERY
- TUMMY TUCK
- BREAST LIFT
- OTHER SURGICAL TYPES
- NON-SURGICAL
- BOTULINUM TOXIN
- DERMAL FILLERS
- LASER HAIR REMOVAL
- CHEMICAL PEEL
- MICRODERMABRASION
- PHOTO-REJUVENATION
- OTHER NON-SURGICAL TYPES
- SURGICAL
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