Market Size of US Gender Reassignment Surgery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 12.50 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Gender Reassignment Surgery Market Analysis
The United States gender reassignment surgery market is expected to witness a CAGR of 12.5% over the forecast period.
- COVID-19 disproportionately impacted the transgender community in the United States due to disrupted access to gender-affirming care that stems from healthcare disruptions, restrictions on certain surgeries, and increased economic disparities. As per the report published by Stanford University in April 2023, the policy implemented during the pandemic to reduce the spread of the coronavirus was the deferral of some surgical operations, including many of the transition-related operations.
- The deferral of surgeries resulted in delays that have exacerbated the excessive wait times that were already, on average, years for some sex reassignment surgeries. However, due to the resumed sex reassignment surgical procedures after the pandemic, the market showed significant growth when compared to the pandemic period.
- The primary factors that drive the market growth are the growing burden of gender dysphoria in the United States and rising government initiatives along with reimbursement policies. These driving factors likely increase the demand for sex reassignment surgeries in the country, which is expected to have significant growth in the market.
- Gender dysphoria is an unease or dissatisfaction which is commonly seen in the transgender population. Hence, the high number of the transgender population is likely to have a growing burden of gender dysphoria in the country. For instance, as per the data reported by The Williams Institute in June 2022, an estimated 1.6 million people aged 13 years and older in the United States identified as transgender. This high number of transgenders which include both males and females, increases the burden of gender dysphoria and raises the demand for gender reassignment surgeries which is expected to boost the market growth in the country.
- Furthermore, government initiatives for gender reassignment care are likely to have a significant impact on the market. For instance, in June 2023, the governor of Maryland signed an executive order to protect gender-affirming health care in Maryland, building on the administration's dedication to safeguarding the rights of lesbian, gay, bisexual, transgender, queer questioning, intersex, asexual agender (LGBTQIA+) individuals. These new laws help the public to have well-established gender reassignment procedures, which likely propel the market growth in the country.
- However, the high procedural cost of gender reassignment is expected to hinder the market growth in the country over the forecast period.
US Gender Reassignment Surgery Industry Segmentation
As per the scope of the report, gender reassignment surgery is also known as gender-affirming surgery, sex reassignment surgery, or gender-confirmation surgery. It is performed to transition individuals with gender dysphoria to their desired gender. Gender dysphoria is a term that describes a sense of unease that a person may have because of a mismatch between their biological sex and their gender identity.
The United States Gender gender reassignment surgery market is segmented by surgery type (male to female (feminizing vaginoplasty, augmentation mammoplasty, facial feminization procedures, and other surgical procedures) and female to male (metoidioplasty, phalloplasty, hysterectomy, and other surgical procedures)), and end-user (hospitals, clinics, and other healthcare facilities).
The report offers the value (USD) for the above segments.
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Clinics | |
Other Healthcare Facilities |
US Gender Reassignment Surgery Market Size Summary
The United States gender reassignment surgery market is poised for significant growth, driven by an increasing prevalence of gender dysphoria and supportive government initiatives. The market is recovering from the disruptions caused by the COVID-19 pandemic, which had delayed many surgeries due to healthcare restrictions. As access to gender-affirming care has improved, the demand for sex reassignment surgeries has surged. This demand is further bolstered by the high number of individuals identifying as transgender, which has heightened the need for these procedures. Government policies and reimbursement strategies are also playing a crucial role in facilitating access to gender reassignment surgeries, thereby contributing to market expansion.
Facial feminization surgery is a key segment within the market, propelled by the significant population of transgender women and advancements in surgical techniques. The introduction of innovative technologies, such as 3D and ultrasonic instruments, has enhanced the safety and outcomes of these procedures, attracting more individuals seeking gender affirmation. Financial assistance programs, like the transgender surgery fund, are also increasing the accessibility of these surgeries, further driving market growth. Additionally, research funding aimed at developing new gender reassignment procedures is expected to expand the market's scope. The competitive landscape features major players focusing on patient-centric approaches, supported by favorable government policies and updated healthcare guidelines.
US Gender Reassignment Surgery Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Burden of Gender Dysphoria
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1.2.2 Rising Government Initiatives and Reimbursements
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1.3 Market Restraints
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1.3.1 High Procedure Cost
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Surgery Type
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2.1.1 Male to Female
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2.1.1.1 Feminizing Vaginoplasty
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2.1.1.2 Augmentation Mammoplasty
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2.1.1.3 Facial Feminization Procedures
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2.1.1.4 Other Surgical Procedures
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2.1.2 Female to Male
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2.1.2.1 Phalloplasty
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2.1.2.2 Hysterectomy
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2.1.2.3 Other Surgical Procedures
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2.2 By End-User
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2.2.1 Hospitals
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2.2.2 Clinics
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2.2.3 Other Healthcare Facilities
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US Gender Reassignment Surgery Market Size FAQs
What is the current US Gender Reassignment Surgery Market size?
The US Gender Reassignment Surgery Market is projected to register a CAGR of 12.5% during the forecast period (2024-2029)
Who are the key players in US Gender Reassignment Surgery Market?
Rumer Cosmetic Surgery, Mount Sinai Centre for Transgender Medicine and Surgery (CTMS), Cedars-Sinai, Boston Medical Center and The International Center for Transgender Care are the major companies operating in the US Gender Reassignment Surgery Market.