Despite today’s slowing economy and tighter consumer budgets, the future looks bright for the cosmetic and plastic surgery industry.

The American Society of Plastic Surgeons (ASPS) recently published their predictions for 2015, and estimate that over 55 million procedures – one for every five Americans – will be performed. Analysts claim that more people will be taking advantage of better technology and more competitive prices.

In 2007, the ASPS reported 11.7 million procedures, and the 2015 prediction is four times the total number of procedures performed in 2005.

Plastic Surgery Interactive also points out that “for ASPS members, 12% of the procedures they perform will be surgical and 88% will be non-surgical in 2015. For non-ASPS physicians, surgical procedures will make up only 3% of their total procedures, and 97% will be non-surgical in 2015.”

So what does this mean for aesthetic professionals?

More procedures performed across the country mean that the market gets bigger and you should invest your time and money into offering more innovative procedures that are safer and more accurate.