China Rhinoplasty Market Size & Outlook, 2022-2030
China rhinoplasty market, 2018-2030 (US$M)
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China rhinoplasty market highlights
- The China rhinoplasty market generated a revenue of USD 201.6 million in 2022 and is expected to reach USD 450.4 million by 2030.
- The China market is expected to grow at a CAGR of 10.6% from 2023 to 2030.
- In terms of segment, augmentation was the largest revenue generating treatment type in 2022.
- Augmentation is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Rhinoplasty market data book summary
| Market revenue in 2022 | USD 201.6 million |
| Market revenue in 2030 | USD 450.4 million |
| Growth rate | 10.6% (CAGR from 2022 to 2030) |
| Largest segment | Augmentation |
| Fastest growing segment | Augmentation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Augmentation, Reduction, Post traumatic, Reconstructive, Revision, Filler |
| Key market players worldwide | Stryker Corp, Implantech, GC Aesthetics, Surgiform Technology |
Other key industry trends
- In terms of revenue, China accounted for 3.7% of the global rhinoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan rhinoplasty market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 507.7 million by 2030.
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Rhinoplasty Market Scope
Rhinoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 17.71% in 2022. Horizon Databook has segmented the China rhinoplasty market based on augmentation, reduction, post traumatic, reconstructive, revision, filler covering the revenue growth of each sub-segment from 2018 to 2030.
China is projected to have the largest geriatric population in the world in the coming years owing to rapidly aging population. According to the U.S. Census Bureau, the geriatric population in China accounted for around 10.78% of its total population in 2019. According to a recent article, around 3 million people in China undergo cosmetic surgeries every year.
Easy availability of resources for the development of advanced technology, products, and services at economical costs has resulted in an increase in the number of medical devices manufacturing facilities and healthcare advancements in the country.
Moreover, social media apps, such as Meitu, Instagram, WeChat, and Snapchat, have changed the way perceive their appearance. According to So-Young, a NASDAQ-listed online plastic surgery marketplace in China, in 2018, there were about 20 million medical aesthetic consumers, of which ~64% were born after 1990 and ~19% were post-millennial, in the country.
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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 country-level data and insights on the China rhinoplasty market , including forecasts for subscribers. This country databook contains high-level insights into China rhinoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China rhinoplasty market size, by treatment type, 2018-2030 (US$M)
China Rhinoplasty Market Outlook Share, 2022 & 2030 (US$M)
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