<\/a><\/p>\n <\/p>\n
As the figure\u00a0shows, the growth of plastic surgery was 2.3% from 2008 to 2013; however, this number is expected to further incline as\u00a0 annual growth from 2013-2018 is predicted to be 5.5%.<\/p>\n
To understand the entire picture, it is important to consider other changes in the economy that help fuel this increase in growth. First of all, the aging population (specifically the Baby Boomers) will account for a larger portion of the population. With a large section of the population in this age group, services that the older population will desire may create a shift in demands for different industries. The plastic surgery industry\u00a0will feel this change in a positive manner as aging commonly has a negative connotation in society \u2013 but paying for a quick procedure to look a little more youthful will become more of the norm.<\/p>\n
Another factor for the positive growth is the increase in technology for less evasive plastic surgery procedures. The money that is available for this type of research is on a different pedestal versus\u00a0life-saving medical technology \u2013 it doesn\u2019t have as much priority. With this in mind, there are still vast efforts for this exploration, which indicates that there are more resources available in the economy for cosmetic purposes as well.<\/p>\n
Plastic surgery is a growing field, and signifies the willingness and ability for consumers to pay out-of-pocket costs for appearances.\u00a0As this industry has grown, so has the public perception of undergoing such surgeries to become more of a common occurrence.\u00a0 Although superficial, this industry is a solid indicator of disposable income that is available for the population to spend.<\/p>\n
Source:\u00a0http:\/\/clients1.ibisworld.com\/reports\/us\/industry\/ataglance.aspx?entid=4157<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Plastic surgery (otherwise known as cosmetic surgery) for elective reasons is an industry that profits from the will of the people to improve their appearance by going under the knife. This type of surgery is not commonly covered by healthcare \u2013 which leaves the patient having to pay the pricey penny for a new appearance. […]<\/p>\n","protected":false},"author":609,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/511"}],"collection":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/users\/609"}],"replies":[{"embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/comments?post=511"}],"version-history":[{"count":0,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/posts\/511\/revisions"}],"wp:attachment":[{"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/media?parent=511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/categories?post=511"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/j469.ascjclass.org\/wp-json\/wp\/v2\/tags?post=511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}