Product Code: CMI6264
The global sex reassignment surgery market size is expected to reach US$ 1,578.1 Mn by 2030, from US$ 696.2 Mn in 2023, at a CAGR of 12.4% during the forecast period.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 696.2 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
12.40% |
2030 Value Projection: |
US$ 1,578.1 Mn |
Figure 1. Global Sex Reassignment Surgery Market Share (%), by Region, 2023
Sex reassignment surgery, also known as gender confirmation surgery or gender-affirming surgery, is a medical procedure that helps individuals align their physical traits with their gender identity. It is a critical aspect of transgender healthcare and plays a significant role in improving the quality of life for transgender individuals. This surgical procedure involves altering the primary and secondary sexual characteristics to match the identified gender. It includes procedures such as breast augmentation or removal, facial feminization or masculinization, genital reconstruction, and voice modification. The World Professional Association for Transgender Health (WPATH) provides standards of care that most healthcare providers follow when treating transgender individuals. Globally, there has been a rise in the desire for sex reassignment surgery due to advancements in surgical methods and results, as well as increased societal and legal acceptance of transgender people. However, access to these procedures can be limited due to factors such as high costs, a lack of insurance coverage, and a shortage of trained healthcare providers. Key players in the market for sex reassignment surgery include hospitals, clinics, and medical professionals who specialize in these procedures. The market also includes companies that manufacture surgical instruments and medical devices used in these procedures.
Market Dynamics:
The increasing launch of awareness campaigns is expected to drive the growth of the global sex reassignment surgery market over the forecast period. For instance, in March 2023, Joint United Nations Programme on HIV/Aids (UNAIDS) announced the launch of a campaign to advocate for the rights of transgender children.
Nevertheless, the market offers various opportunities for growth. The increasing awareness and acceptance of transgender individuals in society, along with the rising demand for comprehensive transgender healthcare services, create a favorable market environment. Additionally, collaborations between healthcare providers, policymakers, and advocacy groups can help improve access to gender-affirming surgeries and reduce healthcare disparities.
Key features of the study:
- This report provides in-depth analysis of the global sex reassignment surgery market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sex reassignment surgery market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Chettawut Plastic Surgery Center, Mount Sinai Centre for Transgender Medicine and Surgery, Rumercosmetics, Phuket International Aesthetic Centre, Yeson Voice centre, Bella Masena Clinic, Transgender, Surgery Institute, McLean Clinic, Kamol Cosmetic Hospital, and Dr. Alter Gunter Clinic, NYC Health + Hospitals/Jacob, Ram Manohar Lohia (RML) Hospital.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global sex reassignment surgery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sex reassignment surgery market
Detailed Segmentation:
- By Gender Identity
- Transgender Male to Female
- Transgender Female to Male
- Non-binary
- Others
- By Surgery Type
- Facial Feminization Surgery
- Breast Augmentation or Top Surgery
- Body Contouring
- Vaginoplasty
- Phalloplasty
- Metoidioplasty
- Others
- By End User
- Hospitals
- Specialty Clinics
- Others
- By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Key Players
- Chettawut Plastic Surgery Center
- Mount Sinai Centre for Transgender Medicine and Surgery
- Rumercosmetics
- Phuket International Aesthetic Centre
- Yeson Voice centre
- Bella Masena Clinic
- Transgender Surgery Institute
- McLean Clinic
- Kamol Cosmetic Hospital
- Alter Gunter Clinic
- NYC Health + Hospitals/Jacob
- Ram Manohar Lohia (RML) Hospital
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Sex Reassignment Surgery, By Gender Identity
- Market Sex Reassignment Surgery, By Surgery Type
- Market Sex Reassignment Surgery, By End User
- Market Sex Reassignment Surgery, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Increasing awareness and acceptance of transgender identity
- High costs of surgeries
- Technology advancement
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Sex Reassignment Surgery Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Sex Reassignment Surgery Market , By Gender Identity, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Transgender Male to Female
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Transgender Female to Male
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Non-binary
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
6. Sex Reassignment Surgery Market , By Surgery Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Facial Feminization Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Breast Augmentation or Top Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Body Contouring
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Vaginoplasty
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Phalloplasty
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Metoidioplasty
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
7. Sex Reassignment Surgery Market , By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Specialty Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
8. Sex Reassignment Surgery Market , By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Gender Identity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Surgery Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Gender Identity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Surgery Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Gender Identity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Surgery Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Gender Identity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Surgery Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Gender Identity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Surgery Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Country, 2018 - 2030, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Gender Identity, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Surgery Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Country/Region, 2018 - 2030, (US$ Mn)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Chettawut Plastic Surgery Center
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mount Sinai Centre for Transgender Medicine and Surgery
- Rumercosmetics
- Phuket International Aesthetic Centre
- Yeson Voice centre
- Bella Masena Clinic
- Transgender Surgery Institute
- McLean Clinic
- Kamol Cosmetic Hospital
- Alter Gunter Clinic
- NYC Health + Hospitals/Jacob
- Ram Manohar Lohia (RML) Hospital
- Analyst Views
10. Section
- Research Methodology
- About us