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General & Plastic Surgery Devices - Greece

Greece

The projected revenue of the General & Plastic Surgery Devices market market in Greece is estimated to reach US$95.04m by 2024.
It is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 3.23%, leading to a market volume of US$111.40m by 2029.
In comparison to other countries, the United States is anticipated to generate the highest revenue, amounting to US$9,844.00m in 2024.
Greece has seen a rise in demand for General & Plastic Surgery Devices, reflecting a growing interest in aesthetic procedures among its population.

Key regions: Europe, Japan, United Kingdom, Netherlands, China

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Analyst Opinion

The General & Plastic Surgery Devices market in Greece is experiencing steady growth due to a combination of customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Greece for General & Plastic Surgery Devices are influenced by the global demand for cosmetic procedures and the desire for self-improvement. Greeks are increasingly seeking out these devices to enhance their appearance and boost their self-confidence. The rise of social media and the influence of celebrities also play a role in shaping customer preferences, as individuals strive to achieve the same flawless looks they see online and in the media. Trends in the market indicate a growing demand for minimally invasive procedures in Greece. This is driven by the desire for quicker recovery times, less scarring, and less invasive treatments. General & Plastic Surgery Devices that cater to this trend, such as laser devices and injectable fillers, are experiencing significant growth in the Greek market. Additionally, there is an increasing demand for non-surgical treatments, such as Botox and dermal fillers, which offer immediate results with minimal downtime. Local special circumstances in Greece also contribute to the development of the General & Plastic Surgery Devices market. The country has a well-established medical tourism industry, with many individuals from neighboring countries traveling to Greece for cosmetic procedures. This influx of international patients has created a demand for advanced General & Plastic Surgery Devices and has further fueled market growth. Underlying macroeconomic factors, such as the improving economic conditions in Greece, have also played a role in the development of the General & Plastic Surgery Devices market. As the economy continues to recover from the financial crisis, individuals have more disposable income to spend on aesthetic treatments. This has led to an increase in demand for General & Plastic Surgery Devices and has created a favorable market environment for manufacturers and suppliers. In conclusion, the General & Plastic Surgery Devices market in Greece is experiencing growth due to customer preferences for self-improvement, trends in the market towards minimally invasive procedures, local special circumstances such as medical tourism, and underlying macroeconomic factors. As these factors continue to drive demand, the market is expected to expand further in the coming years.

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.