Industry Leaders, Analysts Forecast Cosmetic Plastic Surgery Market

SAN FRANCISCO -- Plastic surgery industry leaders and analysts will offer the latest data regarding trends, innovations and forecasts for the high-profile cosmetic plastic surgery market on Oct. 9, 2006, in San Francisco at the American Society of Plastic Surgeons (ASPS) Industry Forum.

More than 10 million cosmetic plastic surgery procedures were performed in 2005, a 38 percent increase since 2000, according to ASPS statistics. This business forum will feature CEOs of the leading companies in the industry as well as opinion leaders, market researchers and financial analysts. Presenters will provide stock analyses, company visions and procedural statistics on topics including breast implants, facial fillers, neurotoxins, tissue engineering and body shaping.

Featured speakers include Jonah Shacknai, CEO of Medicis and Joshua Levine, CEO of Mentor Corp. Other scheduled speakers will be Robert Grant, president of Allergan Medical; Michael Moretti, editor of Aesthetic Buyers Guide; Peter Bye, research analyst for Wachovia; Mikael Svensson of OrthoNeutrogena; Steve Basta, CEO of Bioform; Shimon Eckhouse, chairman of Syneron Medical; Bruce Cunningham, MD, ASPS president; James Wells, MD, ASPS past president; and Miles Graivier, MD, ASPS member surgeon.

"Our firm has closely tracked data on the cosmetic industry for the past 10 years, and we believe the global market now exceeds $30 billion, with a sustainable compound annual growth rate in the range of 25 percent," said Michael Moretti, editor of Aesthetic Buyer's Guide, who will moderate the forum. "This enormous business growth opportunity is attracting major pharmaceutical companies, entrepreneurs, venture capitalists and other investors to the cosmetic procedure space. We can expect to see significant technology innovation as well as increased merger and acquisition activity as new players develop the dynamic aesthetic market on a global basis."

Source: American Society of Plastic Surgeons (ASPS)

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