Australia’s appetite for cosmetic medicine continues to grow in popularity, with figures released by the Cosmetic Physicians Society of Australasia.
The Cosmetic Physicians Society of Australasia (CPSA) has revealed a 15 per cent increase on spending on non-invasive and minimally-invasive treatments in the last 12 months, totalling an estimated $644.7 million.
The CPSA first researched the estimated value of the non-surgical cosmetic industry in 2008 and has seen five consecutive years of growth in the amount that Australian spends on non-surgical cosmetic treatments.
During this period, spending has more than doubled from an estimated $300 million five years ago to $644.7 million this year.
Dr Gabrielle Caswell, president of the CPSA says, “The demand for non-surgical cosmetic treatments continues to grow for a number of reasons but one of the primary factors is new developments in this evolving area of medicine. Emerging treatments are less invasive, more effective and less expensive, making them more appealing and accessible to patients.”
According to the CPSA, a recent example of development in this space is fractional lasers for skin resurfacing, that, when compared to conventional ablative lasers, penetrate deeper levels of the skin while allowing it to heal faster.
As part of the growing cosmetic trend, CPSA members have also reported an increase in the number of men seeking cosmetic procedures.
“Worldwide, there is a growing interest in grooming and presentation among men and we find they are equally as interested in skin quality, volume and presentation as women. We find that male patients perhaps uses cosmetic medicines slightly more subtly than their female counterparts,” Dr Caswell says.
The CPSA represents the largest body of doctors who perform non- or minimally-invasive cosmetic medical treatments in Australia. Incorporated in 1997, the society aims to protect patient safety and improve regulation in cosmetic medicine.
For more information on the CPSA’s findings visit www.cosmeticphysicians.org.au