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Tissue engineering and regenerative medicine show potential to improve surgical outcomes.
Technavio stated that it is expected that the global gender reassignment surgery market will grow to US$369 million by 2028, with a compound annual growth rate of more than 11.92%.
The industry’s expansion is attributed to the increasing number of individuals opting for gender reassignment surgery worldwide and trends in advancements in medical technology.
Emerging fields such as tissue engineering and regenerative medicine show potential to further improve surgical outcomes. At the same time, developments in anesthesia and pain management have helped improve comfort and reduce complications.
“Additionally, the availability of financing options and support groups is helping more people access these services,” the report said.
The market includes services such as hormonal treatment, breast reconstruction, genital reconstruction surgery and other gender-affirming surgeries.
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