2013 cosmetic procedure statistics show healthy economy

2013 cosmetic procedure statistics show healthy economy

If you believe that increased cosmetic procedure spending is a positive economic indicator, you will be encouraged by the latest statistics from the American Society for Aesthetic Plastic Surgery (ASAPS). Americans underwent 12 percent more cosmetic surgery procedures in the United States in 2013 than in 2012. Expenditures for these procedures amounted to 12 billion dollars – 7 billion for surgical procedures and 5 billion for nonsurgical procedures. The statistics were gathered from board-certified plastic surgeons, dermatologists and otolaryngologists who performed more than 11 million surgical and nonsurgical procedures.

Liposuction and breast augmentation have been longstanding competitors as the most popular plastic surgery procedures performed in the US. This year, liposuction jumped ahead with a 16 percent increase over 2012, which is not surprising when you consider that liposuction is becoming increasingly popular among men (24 percent up from last year). The other most popular surgical procedures in 2013, in order of preference, were eyelid surgery, tummy tuck and nose surgery.

Yahoo Finance reported that a growing demand for nonsurgical solutions have given consumers a way to work plastic surgery into their budgets. Botox and its competitors, Dysport and Xeomin, are still in the lead as the most frequently performed nonsurgical procedure with a 15.6 percent increase over 2012. Filler injections, hair removal, microdermabrasion and photorejuvenation were the other most popular noninvasive procedures. More than 2.5 billion dollars was spent on injectables and another 1.9 billion was spent on skin rejuvenation, another fast-growing contender for nonsurgical cosmetic dollars.

The recession hit plastic surgery along with most other industries. “If you just watched your portfolio lose 20% to 30% of its value, why would you decide to go get a facelift?” President of ASAPS, Dr. Jack Fisher said to Yahoo. “2009 was a very bad year for most plastic surgeons. There was a drastic drop, especially in more expensive procedures.”

Plastic surgery is up 18 percent from 2009 and industry specialists are optimistic about the cosmetic and beauty industry as a whole.