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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 2020. 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).

The rising incidences of gender dysphoria and the increasing number of people deciding for gender confirmation surgeries are expected to boost market growth over the forecast period. Sex reassignment surgeries are performed by a multispecialty staff that usually involves board-certified or licensed plastic surgeons. The objective of surgical procedure is to give transgender individuals the functional abilities and physical appearance of the gender they align their emotional and psychological identity with. It includes procedures such as facial feminization surgery, transfeminine bottom surgery, transfeminine top surgery, transmasculine top surgery, facial masculinization surgery, and transmasculine bottom surgery.

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The ongoing COVID-19 pandemic has forced people worldwide to stay indoors or in self-isolation. This has led to a decrease in the number of sex reassignment surgeries. Everyone is going through an exceptionally stressful time all around the globe. As with many plastic surgeons, most of the surgeries are on hold as they are on the list of the so-called "elective" surgical procedures or surgeries, which include gender-affirming surgeries for patients suffering from gender dysphoria.

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 2020. 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

Sex reassignment surgeries (SRS) or gender-affirming surgeries are life-altering surgical practices that give transgender individuals the functional abilities and physical appearance of the sexual characteristics of the gender they know themselves to be. The growing acceptance of the transgender population and the rising number of reconstructive surgeries are expected to increase the demand for sex reassignment surgeries during the forecast period. Some prominent players in the U.S. sex reassignment surgery market include:

  • Mount Sinai
  • Transgender Surgery Institute of Southern California
  • Cedars Sinai
  • Moein Surgical Arts
  • Boston Medical Center
  • Cleveland Clinic
  • CNY Cosmetic & Reconstructive Surgery
  • Plastic Surgery Group Rochester

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Mrudula Karmarkar

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Mrudula Karmarkar
Joined: March 30th, 2020
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