The review is also expected to look at providing better public education on the risks and downsides of cosmetic surgery such as warning potential patients that on average breast implants have to be replaced every 10 years.
It is also likely that the complaints system will be strengthened - with new rules setting out the information that patients must be given before they sign up for treatment and what to do if they are dissatisfied with the results.
The review comes as a survey shows that many people consider the cost of surgery more important than the qualifications of people doing it, or how they will be looked after when signing up.
Two-thirds of those people questioned considered cost a factor when deciding whether or not to have cosmetic surgery, while only half said they took the experience of the surgeon into account.
However, it also showed that, as a result of the PiP problems, almost half of women who said they would have considered cosmetic surgery before, said they were now less likely to.
Launching the review, Keogh said the recent problems with PiP implants had shone a light on the cosmetic surgery industry.
"I am concerned that too many people do not realise how serious cosmetic surgery is and do not consider the life-long implications - and potential complications - it can have," he said.
The review panel led by Keogh, which will also include a clinical psychologist, is expected to report to the Health Secretary, Andrew Lansley, next March.
- Independent
