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Consumers And Plastic Surgeons Say Economy Is Cutting Into Cosmetic Procedures

Date:
October 29, 2008
Source:
American Society of Plastic Surgeons
Summary:
While history has taught us that looks matter for everyone from presidential candidates to the person next door, the economic crisis is forcing many consumers to re-evaluate their cosmetic surgery plans. It is very clear the economy is affecting the demand for surgical cosmetic procedures, according to the researchers.

 While history has taught us that looks matter for everyone from presidential candidates to the person next door, the economic crisis is forcing many consumers to re-evaluate their cosmetic surgery plans. The results of consumer and plastic surgeon polls are being release in conjunction with Plastic Surgery 2008, the annual scientific meeting of the American Society of Plastic Surgeons (ASPS) at McCormick Place in Chicago October 31st through November 5th.

"It appears more consumers are choosing the less invasive cosmetic procedures, both to give them a boost or to buy time if they need to postpone a more costly invasive surgical procedure because of the economic downturn," says, Richard D'Amico, MD, ASPS president. "We have taken the economic pulse of potential patients and ASPS Member Surgeons, and the results are in."

In March, and then again in October, ASPS conducted identical economic surveys with women considering cosmetic plastic surgery within the next two years.

  • 59 percent of respondents say the economy has had an impact on their plans for cosmetic plastic surgery. That's up 9 percent from six months ago.
  • 48 percent of the survey participants are less likely to schedule a consultation appointment now compared to 30 percent six months ago.
  • 27 percent of the survey participants indicated they were considering less expensive options, compared with 20 percent six months ago.

ASPS Member Surgeons were polled and asked to compare the first six months of 2008 during the economic slowdown to the first six months of 2007. The following percentage of physicians who perform the procedures report:

Overall cosmetic procedures

  • 62 percent report a decrease
  • Region most affected – Northeast and Southeast
  • Region least affected - Midwest

Surgical cosmetic procedures

  • 62 percent report a decrease in breast augmentation
  • Region most affected – Southeast
  • Region least affected - West
  • 64 percent report a decrease in liposuction
  • Region most affected – Northeast
  • Region least affected - Midwest
  • 49 percent report a decrease eye-lid surgery
  • Region most affected – Northeast
  • Region least affected - Midwest
  • 44 percent report a decrease in nose reshaping
  • Region most affected – Southeast
  • Region least affected - Midwest 

Minimally invasive cosmetic procedures

  • 73 percent (almost 3 out of 4) report an increased or stable demand for procedures like Botox®, chemical peels, and hyaluronic fillers.
  • Largest increase - Northeast
  • Smallest increase - West

"It is very clear the economy is affecting the demand for surgical cosmetic procedures. We are hearing that from consumers and plastic surgeons," Dr. D'Amico says.

Methodology: The results of the consumer survey are based on a 25 percent response rate of 400 people questioned. The results of the ASPS Member Surgeon survey are based on an 18 percent response rate of 2093 surgeons questioned. The margin of error is plus or minus 4.8 percent.


Story Source:

The above story is based on materials provided by American Society of Plastic Surgeons. Note: Materials may be edited for content and length.


Cite This Page:

American Society of Plastic Surgeons. "Consumers And Plastic Surgeons Say Economy Is Cutting Into Cosmetic Procedures." ScienceDaily. ScienceDaily, 29 October 2008. <www.sciencedaily.com/releases/2008/10/081028120947.htm>.
American Society of Plastic Surgeons. (2008, October 29). Consumers And Plastic Surgeons Say Economy Is Cutting Into Cosmetic Procedures. ScienceDaily. Retrieved July 23, 2014 from www.sciencedaily.com/releases/2008/10/081028120947.htm
American Society of Plastic Surgeons. "Consumers And Plastic Surgeons Say Economy Is Cutting Into Cosmetic Procedures." ScienceDaily. www.sciencedaily.com/releases/2008/10/081028120947.htm (accessed July 23, 2014).

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