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Global cosmetic surgery set to grow 10% in 2013

Published on Feb 1, 2013 7:00 AM
 
Posed photo of a cosmestic surgery patient. The global market for cosmetic procedures grew 10 per cent last year and is set to grow at a similar pace in 2013, according to a report by Imcas, a French-based forum for plastic surgeons and dermatologists. -- ST PHOTO: ALAN LIM

PARIS (REUTERS) - The global market for cosmetic procedures grew 10 per cent last year and is set to grow at a similar pace in 2013, according to a report by Imcas, a French-based forum for plastic surgeons and dermatologists.

Surgical procedures such as liposuction and breast augmentations, as well as non-invasive treatments like lasers and anti-wrinkle injections, totalled 4.4 billion euros ($$7 billion) in 2012 and are expected to reach 4.9 billion euros this year, the report said.

Asia is expected to see the strongest growth this year as soaring demand for procedures like eyelid and nose surgery boost the market by 14 per cent.

The European market is forecast to grow 6.6 per cent in 2013 as shrinking discretionary spending among austerity-hit consumers offsets strong demand for anti-ageing treatments from the over-fifties.

 
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