Global Rhinoplasty Market Size & Outlook, 2022-2030
Global rhinoplasty market, 2018-2030 (US$M)
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Global rhinoplasty market highlights
- The global rhinoplasty market generated a revenue of USD 5,497.6 million in 2022 and is expected to reach USD 10,861.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.9% by 2030.
- In terms of segment, augmentation accounted for a revenue of USD 968.5 million in 2022.
- Augmentation is the most lucrative treatment type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 5,497.6 million |
| Market revenue in 2030 | USD 10,861.7 million |
| Growth rate | 8.9% (CAGR from 2022 to 2030) |
| Largest segment | Augmentation |
| Fastest growing segment | Augmentation |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Augmentation, Reduction, Post traumatic, Reconstructive, Revision, Filler |
Other key industry trends
- In terms of revenue, the North America accounted for 23.8% of the global rhinoplasty market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 159.8 million by 2030.
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Rhinoplasty Market Scope
Rhinoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global rhinoplasty market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rhinoplasty market will help companies and investors design strategic landscapes.
Augmentation was the largest segment with a revenue share of 17.62% in 2022. Horizon Databook has segmented the Global rhinoplasty market based on augmentation, reduction, post traumatic, reconstructive, revision, filler covering the revenue growth of each sub-segment from 2018 to 2030.
The rhinoplasty market is developing rapidly due to growing esthetic awareness. In the current scenario, all demographic segments of the population lay great importance on enhancing their esthetic appeal. Complete skin rejuvenation improves the aesthetic appeal of a person.
The majority of the demand for esthetic devices is by women owing to greater concern among them regarding their physical appearance, rendering this population group the largest market contributor. As per the Plastic Surgery Statistics Report, in the U.S., rhinoplasty is considered one of the top five cosmetic procedures.
This has led to high demand for rhinoplasty surgical equipment, technology, and clinics, propelling growth of the overall market. In addition, technological advancements in rhinoplasty surgeries and devices are leading to a huge demand for rhinoplasty. Thus, the increasing need to improve aesthetic appearance has led to the high demand for rhinoplasty, which is further driving the market growth.
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Target buyers of Global rhinoplasty market databook
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Our clientele includes a mix of rhinoplasty market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global rhinoplasty market , including forecasts for subscribers. This global databook contains high-level insights into Global rhinoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global rhinoplasty market size, by region, 2018-2030 (US$M)
Top 10 countries: Rhinoplasty market size, 2022 (US$M)
Global rhinoplasty market share, by treatment type, 2022 & 2030 (%, US$M)
Rhinoplasty market: Opportunity assessment by country
Global rhinoplasty market, by region, 2022 (US$M)
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