U.S. Sex Reassignment Surgery Market Size, Share & Trends Analysis Report By Gender Transition (Male To Female, Female To Male), And Segment Forecasts, 2020 - 2027

Published: Dec, 2020 | Pages: 90 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

"U.S. Sex Reassignment Surgery Market Growth & Trends

The U.S. sex reassignment surgery market size is expected to reach USD 781.8 million by 2027, based on a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.4% from 2020 to 2027. There are around 198.5 million Americans aged 20 - 65, accounting for 60% of the population, out of which 0.6% identify themselves as transgender as per the 2016 report of the Williams Institute, UCLA. People of this age group are considered to be the target population for this market.

According to the Plastic Surgery Statistics by the American Society of Plastic Surgeons, Americans aged 40 of 54 opted for 49% of cosmetic surgeries in the U.S. including 7.9 million total cosmetic procedures, 568,000 surgical procedures, and 7.3 million minimally invasive surgeries. Furthermore, USD 16.7 billion were spent on cosmetic procedures in the U.S., out of which the age group of 20 – 65 accounted for more than 50% of surgeries in 2019. This is expected to drive the market during the forecast period.

The U.S. sex reassignment surgery providers are engaging in new facility launches to strengthen their market presence. For instance, in September 2020, seven hospital facilities within the Mount Sinai Health System have been recognized as national leaders in LGBTQ health care equality by the Human Rights Campaign Foundation's 2020 Healthcare Equality Index (HEI).

U.S. Sex Reassignment Surgery Market Report Highlights

• By gender transition, the female to male segment held the largest revenue share in the market in 2019. Demand for U.S. sex reassignment surgery is increasing due to an increase in the number of people opting for sex-change surgeries and growing awareness and acceptance of the transgender community

• There are around 198.5 million Americans aged 20 - 65, accounting for 60% of the population out of which ~0.6% identify themselves as transgender as per the 2016 report of the Williams Institute, UCLA. People of this age group are considered to be the target population for this market

• The increasing number of sex reassignment surgeries is among the major factors driving the sex reassignment surgery market. Rise is seen among the patients choosing to change their sex from female to male and male to female, which has increased nearly four times ever since the last decade"

 "Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation & Scope
                      1.1.1 Estimates and Forecast Timeline
                 1.2 Research Methodology
                 1.3 Information Procurement
                      1.3.1 Purchased database:
                      1.3.2 GVR’s Internal Database
                      1.3.3 Secondary sources
                      1.3.4 Primary research
                 1.4 Information or Data Analysis
                 1.5 Market Formulation & Validation
                 1.6 Model Details
                      1.6.1 Commodity flow analysis
                      1.6.2 Volume price analysis
                 1.7 List of Secondary Sources
                 1.8 List of Abbreviations
                 1.9 Objectives
                      1.9.1 Objective - 1
                      1.9.2 Objective - 2
Chapter 2 Executive Summary
                 2.1 Market Outlook
                 2.2 Competitive Insights
Chapter 3 Market Variables, Trends, & Scope
                 3.1 Market Lineage Outlook
                      3.1.1 Parent market outlook
                 3.2 Market Dynamics
                      3.2.1 Market driver analysis
                            3.2.1.1 Increase in the number of people opting for sex change surgeries
                            3.2.1.2 Increasing incidence rate of gender dysphoRIA
                      3.2.2 Market restraint analysis
                            3.2.2.1 High cost of the procedures
                            3.2.2.2 Risks associated with surgical procedures
                 3.3 U.S. SRS Market: Business Environment Analysis Tools
                      3.3.1 PESTEL Analysis
                            3.3.1.1 Political landscape
                            3.3.1.2 Economic and social landscape
                            3.3.1.3 Technology landscape
                      3.3.2 Porter’s five forces analysis
                            3.3.2.1 Competitive Rivalry: High
                            3.3.2.2 Threat of New Entrants: Moderate
                            3.3.2.3 Bargaining Power of Suppliers: Moderate
                            3.3.2.4 Threat of Substitutes: Moderate
                            3.3.2.5 Bargaining Power of Buyers: Low
                 3.4 Qualitative Analysis: Impact of COVID-19 on Assisted Living Facilities
Chapter 4 U.S. Sex Reassignment Surgery (SRS) Market: Gender Transition Analysis
                 4.1 U.S. SRS Gender Transition Market Share Analysis, 2019 & 2027
                 4.2 U.S. SRS Gender Transition Market: Segment Dashboard:
                 4.3 Market Size & Forecasts and Trend Analyses, 2016 to 2027 for the Gender Transition Segment
                      4.3.1 Male to Female
                            4.3.1.1 Male to female market, 2016 - 2027 (USD Million)
                      4.2.1 Female to Male
                            4.2.1.1 Female to male market, 2016 - 2027 (USD Million)
Chapter 5 U.S. Sex Reassignment Surgery (SRS) Market- Competitive Qualitative Analysis
                 5.1 Recent Developments & Impact Analysis, by Key Market Participants
                 5.2 Strategic Framework/Competition Categorization (Key Innovators, Market Leaders, Emerging Players
                 5.3 Heat Map Analysis/Market Position Analysis
                 5.4 Key Company Profiles: Sex Reassignment Surgery Companies
                      5.4.1 Mount Sinai
                            5.4.1.1 Company overview
                            5.4.1.2 Financial performance
                            5.4.1.3 Service benchmarking
                            5.4.1.4 Strategic initiatives
                      5.4.2 Transgender Surgery Institute of Southern California
                            5.4.2.1 Company overview
                            5.4.2.2 Service benchmarking
                      5.4.3 Cedars Sinai
                            5.4.3.1 Company overview
                            5.4.3.2 Financial performance
                            5.4.3.3 Service benchmarking
                            5.4.3.4 Strategic initiatives
                      5.4.4 Moein Surgical Arts
                            5.4.4.1 Company overview
                            5.4.4.2 Service benchmarking
                      5.4.5 Boston Medical Center
                            5.4.5.1 Company overview
                            5.4.5.2 Financial performance
                            5.4.5.3 Service benchmarking
                      5.4.6 Cleveland Clinic
                            5.4.6.1 Company overview
                            5.4.6.2 Financial performance
                            5.4.6.3 Service benchmarking
                      5.4.7 CNY Cosmetic & Reconstructive Surgery
                            5.4.7.1 Company overview
                            5.4.7.2 Financial performance
                            5.4.7.3 Service benchmarking
                      5.4.8 Plastic Surgery Group Rochester
                            5.4.8.1 Company overview
                            5.4.8.2 Service benchmarking"

"List of Tables

TABLE 1 List of secondary sources
TABLE 2 List of abbreviations
TABLE 3 SRS surgeries and associated Risks
"	"List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain-based sizing & forecasting
FIG. 6 QFD modeling for market share assessment
FIG. 7 Market formulation & validation
FIG. 8 Market driver relevance analysis (Current & future impact)
FIG. 9 Market restraint relevance analysis (Current & future impact)
FIG. 10 U.S. Sex Reassignment Surgery (SRS) market, 2016 - 2027 (USD Million)
FIG. 11 Recent developments & impact analysis, by key market participants
FIG. 12 Strategy framework
FIG. 13 Company market position analysis"