NEW
YORK, May 17, 2024 /PRNewswire/ -- The
global sex reassignment surgery market in
us size is estimated to grow by USD 125.78 mn from 2023-2027, according to
Technavio. The market is estimated to grow at a CAGR of
10.84% during the forecast period.
For more insights on the forecast market size and
historic data (2017 - 2021) - Download Free sample
report in minutes
Forecast
period
|
2023-2027
|
Base Year
|
2022
|
Historic
Data
|
2017 - 2021
|
Segment
Covered
|
Type (Male to female
and Female to male), End-user (Hospitals and Clinics), and
Geography (North America)
|
Region
Covered
|
US
|
Key companies
profiled
|
Boston Childrens
Hospital, Boston Medical Center, Cedars Sinai Health System, CNY
Cosmetic and Reconstructive Surgery, Cornell University, Denver
Health, Harvard University, Icahn School of Medicine at Mount
Sinai, Mass General Brigham Inc., Moein Surgical Arts, NorthWestern
University, Oregon Health and Science University, Plastic Surgery
Group of Rochester, Regents of the University of Michigan, Stanford
University, The Cleveland Clinic Foundation, The Johns Hopkins
Health System Corp., The Regents of the University of California,
The University of Utah, and Transgender Surgery
Institute
|
Key Market Trends Fueling Growth
The sex reassignment surgery market in the US has witnessed
significant growth due to increased transgender visibility through
social media and societal acceptance. Transgender individuals,
particularly those transitioning, require comprehensive care,
including fertility consultations for preservation and counseling
for gender identity exploration. Various gender-affirming surgical
procedures are available, such as orchiectomy, ovariectomy,
vaginoplasty, chest masculinization surgery, and facial
feminization surgery. Innovations continue in metoidioplasty,
phalloplasty, and scrotoplasty. Medicare and Medicaid programs
cover some of these procedures for transgender beneficiaries.
Hospitals like Mount Sinai and
clinics such as the Transgender Surgery Institute offer
gender-affirming surgeries.
Market Challenges
- The sex reassignment surgery market in the US faces challenges
due to potential complications from procedures such as facial, top,
and bottom surgeries for transgender males and females. Adverse
effects include vaginal closure, skin graft rejection, and urinary
issues. Rare cases may result in major complications. Common risks
include bleeding, infection, and anesthetic side effects. Other
gender-affirming care, like hormone therapy and mental health
support, are essential components of the transgender population's
overall health and well-being. The public health challenge of
gender dysphoria requires equitable access to surgical techniques
and medical services, including chest surgery, chin augmentation,
and facial feminization surgery. Technological innovation and
societal stigma also impact the growth of this market.
Research report provides comprehensive data on
impact of trend, driver and challenges - Buy
Report
Segment Overview
This sex reassignment surgery market in US report extensively
covers market segmentation by
- Type
- 1.1 Male to female
- 1.2 Female to male
- End-user
- 2.1 Hospitals
- 2.2 Clinics
- Geography
1.1 Male to female- The Sex Reassignment
Surgery (SRS) market in the US is primarily segmented into two
categories: transgender males and transgender females, each with
unique requirements for gender dysphoria transition. Hospitals
specializing in gender affirmation surgeries offer various
procedures for these populations, including hysterectomy,
salpingo-oophorectomy, orchiectomy, ovariectomy, and mastectomy for
transgender females, and phalloplasty, scrotoplasty, and chest
masculinization surgery for transgender males. The young
transgender population also seeks SRS, with procedures such as
reduction thyrochondroplasty for voice feminization and
vaginoplasty for neo-vagina creation. The Obamacare legislation and
Medicaid program have expanded coverage for transgender
beneficiaries, increasing access to gender-affirming care. Key
surgical procedures include hysterectomy, orchiectomy, and
vaginoplasty, while augmentation mammoplasty, breast reduction, and
facial feminization surgery cater to the transfeminine population.
Transgender issues continue to evolve, with ongoing research and
development in SRS techniques.
For more information on market segmentation with
geographical analysis including forecast (2023-2027) and historic
data (2017 - 2021) - Download a Sample Report
Research Analysis
The Sex Reassignment Surgery (SRS) market in the US has
witnessed significant growth, driven by the increasing number of
transgender individuals seeking gender dysphoria treatment. This
cohort includes transgender males and females, particularly among
the young population. Gender dysphoria transition often involves
self-identified gender exploration and the pursuit of
gender-affirming interventions such as Gender-confirming surgeries
and hormone therapy. Gender-affirming surgeries encompass various
procedures, including genital reconstructive procedures for
transgender males and chest surgery (mastectomy) and facial
feminization surgery for transgender females. Clinicians play a
crucial role in providing mental health support and guiding
patients through the temporal trends of SRS. Hormone therapy and
gender-confirming surgeries have become increasingly accepted
medical interventions for transgender individuals. The National
Inpatient Sample provides valuable insights into the utilization
and outcomes of these procedures. Overall, the SRS market continues
to expand, reflecting the growing recognition and acceptance of
transgender individuals and their unique healthcare needs.
Market Research Overview
The Sex Reassignment Surgery (SRS) market in the US has been
witnessing significant growth due to increasing acceptance and
recognition of gender diversity. The market encompasses various
procedures such as orchiectomy, vaginoplasty, and phalloplasty,
among others. These surgeries aim to help individuals align their
physical identity with their gender identity. The market is driven
by factors like growing awareness and acceptance of transgender and
gender non-conforming individuals, advancements in surgical
techniques, and improved access to healthcare. The market also
faces challenges like high costs, lack of insurance coverage, and
stigma associated with gender diversity. The market is segmented
based on procedures, regions, and end-users. The future outlook of
the market is promising with increasing acceptance and recognition
of gender diversity and advancements in surgical techniques.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Male To Female
- Female To Male
- End-user
-
- Geography
-
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio