Trans surgery set to become a $5 billion industry

The industry surrounding transgender surgeries is expected to reach $5 billion by the end of the decade.

According to a recent report from Grand View Research, the sector saw a $1.9 billion valuation last year and is forecast to expand at a compound annual growth rate of more than 11% through 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,” the analysis explained.

Referring to a separate study from Cedars-Sinai Medical Center in Los Angeles, the analysis claimed that 78% of “transgender males” — females who identify as the opposite sex — experienced gender dysphoria by the age of seven.