The global gynecomastia procedures market size is expected to reach USD 1,699.52 Million by 2032, according to a new study by Polaris market research. The report "Gynecomastia Procedures Market Share, Size, Trends, Industry Analysis Report, By Age Group (18-40, Above 40), By Procedure Type (Liposuction, Excision), By End-use, By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growing awareness about gynecomastia, shifts in lifestyles characterized by sedentary habits and poor dietary choices, hormonal imbalances, and the use of specific medications like anabolic steroids and antidepressants. These factors collectively contribute to the expansion of the market for gynecomastia treatments.
Moreover, the market for gynecomastia treatments has been positively influenced by the introduction of advanced minimally invasive approaches, such as liposuction and glandular tissue excision. These innovative techniques have broadened the range of treatment options available, leading to improved patient outcomes and overall satisfaction, which in turn has fueled market growth. Furthermore, the rising popularity of minimally invasive procedures in gynecomastia treatment can be attributed to their various benefits, including less invasiveness, minimized scarring, faster recovery times, and enhanced cosmetic results. The increasing preference for these techniques has significantly contributed to the expansion of the gynecomastia treatment market.
The use of advanced liposuction techniques, such as power-assisted liposuction (PAL) or ultrasound-assisted liposuction (UAL), has significantly improved precision and achieved better results in gynecomastia treatment. Another innovative approach is laser-assisted liposuction, like Smartlipo or VASERlipo, which employs laser or ultrasound energy to liquefy fat cells before their removal. This technique not only aids in fat elimination but also contributes to skin tightening, leading to an enhanced overall contour.
Market experienced a considerable impact due to the COVID-19 pandemic. The procedure volume witnessed a significant decline during the pandemic as many cosmetic clinics suspended gynecomastia treatments due to their minimally invasive nature. However, post-pandemic, the market regained its revenue as clinics resumed operations. During the peak of the pandemic, the healthcare industry rapidly embraced a more digital approach to minimize in-person visits and mitigate the risk of transmission. As a result, patients were able to discuss their gynecomastia concerns remotely with healthcare professionals, seeking guidance or recommendations from the comfort of their homes. This shift towards telehealth solutions enabled continued patient care and support throughout the challenging period of the pandemic.
Gynecomastia Procedures Market Report Highlights
40 age group dominated the market, primarily due to high patient pool in the concerned category, coupled with higher health awareness
Excision segment held the largest share, owing to its high success ratio, and less invasive nature
North America dominated the market, as it has well developed medical infrastructure, better diagnostic services, and skilled surgeons
The global key market players include: Cadila Pharmaceuticals, Sun Pharmaceuticals, Biochem Pharmaceutical, Dr. Reddy's, Micro Nova Pharmaceuticals, and Kee Pharma.
Polaris market research has segmented the gynecomastia procedures market report based on age group, procedure type, end use, and region:
Gynecomastia Procedures Market, Age Group Outlook (Revenue - USD Million, 2023 - 2032)
Gynecomastia Procedures Market, Procedure Type Outlook (Revenue - USD Million, 2023 - 2032)
Gynecomastia Procedures Market, End Use Outlook (Revenue - USD Million, 2023 - 2032)
- Hospitals
- Cosmetic Surgery Centers
Gynecomastia Procedures Market, Regional Outlook (Revenue - USD Million, 2023 - 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 Gynecomastia Procedures Market Insights
- 4.1. Gynecomastia Procedures Market - End Use Snapshot
- 4.2. Gynecomastia Procedures Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing correlation between self-esteem and physical appearance
- 4.2.1.2. Rising number of men affected by hormonal imbalances
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Poor reimbursement policies
- 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. PESTEL Analysis
- 4.5. Gynecomastia Procedures Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Gynecomastia Procedures Market, by Age Group
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 5.3. 18-40
- 5.3.1. Global Gynecomastia Procedures Market, by 18-40, by Region, 2019-2032 (USD Million)
- 5.4. Above 40
- 5.4.1. Global Gynecomastia Procedures Market, by Above 40, by Region, 2019-2032 (USD Million)
6. Global Gynecomastia Procedures Market, by Procedure Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 6.3. Liposuction
- 6.3.1. Global Gynecomastia Procedures Market, by Liposuction, by Region, 2019-2032 (USD Million)
- 6.4. Excision
- 6.4.1. Global Gynecomastia Procedures Market, by Excision, by Region, 2019-2032 (USD Million)
7. Global Gynecomastia Procedures Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 7.3. Hospitals
- 7.3.1. Global Gynecomastia Procedures Market, by Hospitals, By Region, 2019-2032 (USD Million)
- 7.4. Cosmetic Surgery Centers
- 7.4.1. Global Gynecomastia Procedures Market, by Cosmetic Surgery Centers, By Region, 2019-2032 (USD Million)
8. Global Gynecomastia Procedures Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Gynecomastia Procedures Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Gynecomastia Procedures Market - North America
- 8.3.1. North America: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.3.2. North America: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.3.3. North America: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.3.4. Gynecomastia Procedures Market - U.S.
- 8.3.4.1. U.S.: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.3.5. Gynecomastia Procedures Market - Canada
- 8.3.5.1. Canada: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4. Gynecomastia Procedures Market - Europe
- 8.4.1. Europe: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.2. Europe.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.3. Europe: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.4. Gynecomastia Procedures Market - UK
- 8.4.4.1. UK: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.4.3. UK: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.5. Gynecomastia Procedures Market - France
- 8.4.5.1. France: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.5.2. France.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.5.3. France: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.6. Gynecomastia Procedures Market - Germany
- 8.4.6.1. Germany: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.7. Gynecomastia Procedures Market - Italy
- 8.4.7.1. Italy: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.8. Gynecomastia Procedures Market - Spain
- 8.4.8.1. Spain: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.9. Gynecomastia Procedures Market - Netherlands
- 8.4.9.1. Netherlands: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.4.10. Gynecomastia Procedures Market - Russia
- 8.4.10.1. Russia: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5. Gynecomastia Procedures Market - Asia Pacific
- 8.5.1. Asia Pacific: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5.4. Gynecomastia Procedures Market - China
- 8.5.4.1. China: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.4.2. China.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.4.3. China: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5.5. Gynecomastia Procedures Market - India
- 8.5.5.1. India: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.5.2. India.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.5.3. India: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5.6. Gynecomastia Procedures Market - Malaysia
- 8.5.6.1. Malaysia: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5.7. Gynecomastia Procedures Market - Japan
- 8.5.7.1. Japan: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5.8. Gynecomastia Procedures Market - Indonesia
- 8.5.8.1. Indonesia: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.5.9. Gynecomastia Procedures Market - South Korea
- 8.5.9.1. South Korea: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.6. Gynecomastia Procedures Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.6.4. Gynecomastia Procedures Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.6.5. Gynecomastia Procedures Market - UAE
- 8.6.5.1. UAE: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.6.6. Gynecomastia Procedures Market - Israel
- 8.6.6.1. Israel: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.6.7. Gynecomastia Procedures Market - South Africa
- 8.6.7.1. South Africa: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.7. Gynecomastia Procedures Market - Latin America
- 8.7.1. Latin America: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.7.3. Latin America: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.7.4. Gynecomastia Procedures Market - Mexico
- 8.7.4.1. Mexico: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.7.5. Gynecomastia Procedures Market - Brazil
- 8.7.5.1. Brazil: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
- 8.7.6. Gynecomastia Procedures Market - Argentina
- 8.7.6.1. Argentina: Gynecomastia Procedures Market, by Age Group, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Gynecomastia Procedures Market, by End Use, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Gynecomastia Procedures Market, by Procedure Type, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Biochem Pharmaceutical
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Cadila Pharmaceuticals
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Dr. Reddy's
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Kee Pharma
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Micro Nova Pharmaceuticals
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Sun Pharmaceuticals
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development