Product Code: PM4124
The global sex reassignment surgery market size is expected to reach USD 1,944.23 million by 2032, according to a new study by Polaris Market Research. The report "Sex Reassignment Surgery Market Share, Size, Trends, Industry Analysis Report, By Gender Transition (Female to Male, Male to Female); By End-Use; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The surge in awareness regarding transgender issues, coupled with greater availability and accessibility to gender reassignment surgical centers, stands as a pivotal force driving the growth of the sex reassignment surgery industry. Furthermore, the increasing inclination of patients towards gender transition, along with a rising number of gender reassignment surgeries, contributes significantly to market expansion. Favorable government policies and the global increase in awareness collectively propel the global sex reassignment surgery market forward.
The surge in demand for gender-affirming procedures can be attributed to the heightened awareness and understanding of transgender issues. Society's growing acknowledgment of the distinct healthcare requirements of transgender individuals has cultivated an environment that is more inclusive and supportive, ultimately driving the increase in demand for these procedures.
The sex reassignment surgery market serves as a powerful symbol of the increasing dedication to inclusivity, safety, and enhanced accessibility to healthcare services for transgender individuals. This market's progression highlights a wider societal commitment to addressing the distinct healthcare requirements of the transgender community, ensuring they receive top-quality care that aligns with their gender identities.
However, the substantial expense of sex reassignment surgery (SRS) can present a formidable hurdle for individuals in pursuit of these procedures. This encompasses various costs such as surgical fees, hospital charges, anesthesia expenses, post-operative care, and potentially supplementary outlays like travel and accommodation, particularly for those seeking specialized clinics or experienced surgeons.
Although certain healthcare systems or insurance plans may offer coverage for gender-affirming procedures, it's important to note that not all do. Consequently, individuals may find themselves responsible for covering the entire cost. This situation can be especially demanding for those who may lack sufficient financial resources or have limited insurance coverage.
Sex Reassignment Surgery Market Report Highlights
The Female segment is expected to witness the fastest growth during the forecast period on account of rising awareness and acceptance of transgender individuals.
The specialized clinics segment held the largest market share in 2022, which is mainly driven by advanced healthcare professionals and technical knowledge.
The North American region held the largest market share in 2022, owing to advanced healthcare infrastructure and a well-established network of specialized clinics.
The global key market players include: Bupa Cromwell Hospital, Boston Medical Center, Chettawut Plastic Surgery Center, Charing Cross Gender Identity Clinic, Cleveland Clinic, etc.
Polaris Market Research has segmented the sex reassignment surgery market report based on gender transition, end-Use, and region:
Sex Reassignment Surgery, Gender Transition Outlook (Revenue - USD Million, 2019 - 2032)
- Female to Male
- Male to Female
Sex Reassignment Surgery, End-Use Outlook (Revenue - USD Million, 2019 - 2032)
- Hospitals
- Specialized Clinics
- Others
Sex Reassignment Surgery, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Sex Reassignment Surgery Market Insights
- 4.1. Sex Reassignment Surgery Market - Industry Snapshot
- 4.2. Sex Reassignment Surgery Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rise in awareness and acceptance of gender-affirming healthcare services among younger generations is projected to spur the product demand
- 4.2.1.2. Improved Medical Techniques
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Cost of Surgery
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Sex Reassignment Surgery Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Sex Reassignment Surgery Market, by Gender Transition
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Sex Reassignment Surgery, by Gender Transition, 2019-2032 (USD Million)
- 5.3. Female to Male
- 5.3.1. Global Sex Reassignment Surgery Market, by Female to Male, by Region, 2019-2032 (USD Million)
- 5.4. Male to Female
- 5.4.1. Global Sex Reassignment Surgery Market, by Male to Female, by Region, 2019-2032 (USD Million)
6. Global Sex Reassignment Surgery Market, by End-Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 6.3. Hospitals
- 6.3.1. Global Sex Reassignment Surgery Market, by Hospitals, by Region, 2019-2032 (USD Million)
- 6.4. Specialized Clinics
- 6.4.1. Global Sex Reassignment Surgery Market, by Specialized Clinics, by Region, 2019-2032 (USD Million)
- 6.5. Others
- 6.5.1. Global Sex Reassignment Surgery Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Sex Reassignment Surgery Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Sex Reassignment Surgery Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Sex Reassignment Surgery Market - North America
- 7.3.1. North America: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.3.2. North America: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.3.3. Sex Reassignment Surgery Market - U.S.
- 7.3.3.1. U.S.: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.3.4. Sex Reassignment Surgery Market - Canada
- 7.3.4.1. Canada: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4. Sex Reassignment Surgery Market - Europe
- 7.4.1. Europe: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.2. Europe: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.3. Sex Reassignment Surgery Market - UK
- 7.4.3.1. UK: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.3.2. UK: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.4. Sex Reassignment Surgery Market - France
- 7.4.4.1. France: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.4.2. France: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.5. Sex Reassignment Surgery Market - Germany
- 7.4.5.1. Germany: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.6. Sex Reassignment Surgery Market - Italy
- 7.4.6.1. Italy: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.7. Sex Reassignment Surgery Market - Spain
- 7.4.7.1. Spain: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.8. Sex Reassignment Surgery Market - Netherlands
- 7.4.8.1. Netherlands: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.4.9. Sex Reassignment Surgery Market - Russia
- 7.4.9.1. Russia: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5. Sex Reassignment Surgery Market - Asia Pacific
- 7.5.1. Asia Pacific: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5.3. Sex Reassignment Surgery Market - China
- 7.5.3.1. China: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.3.2. China: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5.4. Sex Reassignment Surgery Market - India
- 7.5.4.1. India: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.4.2. India: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5.5. Sex Reassignment Surgery Market - Malaysia
- 7.5.5.1. Malaysia: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5.6. Sex Reassignment Surgery Market - Japan
- 7.5.6.1. Japan: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5.7. Sex Reassignment Surgery Market - Indonesia
- 7.5.7.1. Indonesia: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.5.8. Sex Reassignment Surgery Market - South Korea
- 7.5.8.1. South Korea: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.6. Sex Reassignment Surgery Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.6.3. Sex Reassignment Surgery Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.6.4. Sex Reassignment Surgery Market - UAE
- 7.6.4.1. UAE: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.6.5. Sex Reassignment Surgery Market - Israel
- 7.6.5.1. Israel: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.6.6. Sex Reassignment Surgery Market - South Africa
- 7.6.6.1. South Africa: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.7. Sex Reassignment Surgery Market - Latin America
- 7.7.1. Latin America: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.7.2. Latin America: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.7.3. Sex Reassignment Surgery Market - Mexico
- 7.7.3.1. Mexico: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.7.4. Sex Reassignment Surgery Market - Brazil
- 7.7.4.1. Brazil: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
- 7.7.5. Sex Reassignment Surgery Market - Argentina
- 7.7.5.1. Argentina: Sex Reassignment Surgery Market, by End-Use, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Sex Reassignment Surgery Market, by Gender Transition, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Amish Hospital
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Boston Medical Center
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Bupa
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Charing Cross Gender Identity Clinic
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Chettawut Plastic Surgery Center
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Cleveland Clinic
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. CNY Cosmetic & Reconstructive Surgery
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. GRS Montreal Inc
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. IM Gender Clinic
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Mount Sinai Centre for Transgender Medicine and Surgery (CTMS)
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Rumer Cosmetic Surgery
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Sava Perovic Foundation Surgery
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. The London Transgender Clinic
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. Transgender Surgery Institute
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development