Market Trends of US Gender Reassignment Surgery Industry
Facial Feminization Procedures Segment is Expected to Have Significant Growth in the Market Over the Forecast Period
- Facial feminization surgery includes a wide variety of treatments to feminize facial features to look more feminine. It includes hairline lowering, jaw reduction, rhinoplasty, eyelid surgery, face or neck lift, and other facial changes. Transgender women choose facial feminization surgeries to affirm their gender.
- The major factors that drive the segment growth are the high percentage of transgender women, along with advanced surgical procedures in the United States. In addition, the government initiatives in the country increase gender reassignment care which likely boosts the market growth over the forecast period.
- According to the report published by the Williams Institute in June 2022, 1.3 million United States adults were identified as transgenders, out of which transgender women accounted for 38.5% (515,200), which is considered a major share. As facial feminization surgeries are chosen by transgender women, the high percentage of this population group increases the demand for facial feminization procedures, which likely boosts the market growth over the study period.
- Furthermore, the new advancements in facial feminization procedures likely increase safety with predictable outcomes, which is expected to have a significant impact on the market growth. For instance, in February 2022, Facialteam continued to research new technologies to improve the precision of facial feminization procedures and resulting in JAWContour being one of the game-changer in mandibular gender-affirming surgery. It uses 3D technology and ultrasonic instruments, which gives greater safety for nerves and soft tissues, lower complication rates, and faster recovery. These new advancements increase the demand for facial feminization procedures, which is expected to boost the market growth over the forecast period.
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Increasing Transgender Surgery and Funding for Gender Affirmation in the United States
- The transgender surgery fund is a scholarship-like program that provides direct financial assistance to trans men and women who cannot afford their gender-affirming surgery. Hence, the new funding increases the demand for these surgeries, which is expected to have a significant impact on the market over the forecast period.
- For instance, in March 2023, Point of Pride announced a total award of USD 213,800 as financial assistance for gender-affirming surgeries. With this funding, each of the applicants receives resources to afford their respective surgical expenses.
- Similarly, in October 2022, the Jim Collins Foundation (JCF), a national nonprofit organization with a mission to fund gender-affirming surgeries, announced that for the 2022 grant year, 6 surgical grants were awarded to a diverse group of grant recipients from across the United States. These grants can cover 100% of the surgical fees associated with gender-affirming surgery, which likely increases the demand for gender-affirming surgeries, thereby propelling the market growth in the country.
- In addition, the increasing research funding for sexual and gender minorities (SGM), more broadly referenced as lesbian, gay, bisexual, and transgenders helps to develop new gender reassignment procedures.
- For instance, a report published in January 2022 by the University of California, Los Angeles (UCLA) Center for LGBTQ+ Advocacy, Research & Health revealed that the UCLA team secured nearly USD 8.6 million in federal research funding from five different United States National Institutes of Health entities during FY2021. These research funds are expected to expand the scope of gender reassignment surgeries, potentially fostering market growth in the country.
