Wednesday, October 5, 2022

Gender Transition Surgery Industry Can Balloon Up to $5 Billion by 2030

Gender Transition Surgery Industry Can Balloon Up to $5 Billion by 2030


Grandview Research: The U.S. sex reassignment surgery market size was valued at USD 1.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.23 percent from 2022 to 2030. The rising incidences of gender dysphoria and the increasing number of people opting for gender confirmation surgeries are expected to boost the growth during the forecast period (Grandview Research). Daily Wire: The industry surrounding transgender surgeries is expected to reach $5 billion by the end of the decade… While insurance companies such as Aetna and Unicare may cover some components of sex reassignment surgeries, including hysterectomies and ovariectomies, Grand View Research said that “government support is also driving the market” through Medicare coverage (Daily Wire).


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