Sex Reassignment Surgery Market Dynamics, and Competitive Scenario through 2021-2031 | Stanford University, The University of Utah, The University of Michigan, The Johns Hopkins University

New York, According to a new market research report published by Global Insight Services “Sex Reassignment Surgery Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Sex reassignment surgery is a surgical procedure that changes a person‘s external sex organs to match their gender identity. This can include removal of the penis and testicles in maletofemale surgery, or removal of the ovaries and uterus in femaletomale surgery.

There are multiple types of sex reassignment surgeries, which can be broadly divided into two categories: those that alter the appearance of the genitals, and those that alter the appearance of the chest.

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Key Trends

One of the most notable trends has been the increasing number of surgeons who are performing these procedures. In 2000, there were only a handful of surgeons in the United States who were performing sex reassignment surgery. However, by 2010, that number had increased to over 100. This trend has continued in the years since, with the number of surgeons now exceeding 200.

Another key trend has been the increasing number of insurance companies that are beginning to cover sex reassignment surgery. In the past, most insurance companies would not cover this type of surgery. However, as public attitudes have shifted and more people have come to understand and accept transgender people, a number of insurance companies have changed their policies. As of 2018, at least 25 insurance companies in the United States offer coverage for sex reassignment surgery.

Key Drivers

There are a number of key drivers of the United States sex reassignment surgery market.

– Firstly, there is a growing acceptance of transgender people in society, which is leading to more people coming out and seeking surgery.

– Secondly, the cost of surgery has come down significantly in recent years, making it more affordable.

– Thirdly, there are now more surgeons offering sex reassignment surgery, making it more accessible.

Market Segments

By Surgery Type

  • Genital Related
    • Penile Inversion
    • Scrotoplasty
    • Vaginoplasty
    • Others
  • Chest Related
    • Breast Augmentation
    • Chest Masculinization
    • Others
Key Players
  • Cleveland Clinic
  • Stanford University
  • The University of Utah
  • The University of Michigan
  • The Johns Hopkins University
  • Massachusetts General Hospital
  • CedarsSinai Medical Center, LA
  • The University of California, San Francisco
  • Northwestern University

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Reasons to buy Sex Reassignment Surgery Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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