Market revenue in 2022 | USD 98.0 million |
Market revenue in 2030 | USD 159.8 million |
Growth rate | 6.3% (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 |
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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 17.55% in 2022. Horizon Databook has segmented the South Africa rhinoplasty market based on augmentation, reduction, post traumatic, reconstructive, revision, filler covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of women in workforce, growing middle-class population, and rising disposable income are some of the factors boosting the market growth in South Africa. Moreover, increasing urbanization is leading to a rise in spending on beauty and personal care, since urban consumers have high disposable income.
The country has rich cultural diversity and awareness about personal care is rapidly increasing, which is expected to boost the demand for rhinoplasty over the forecast period. In addition, a nonprofit medical society called The Aesthetic and Anti-aging Medicine Society of South Africa is dedicated to establishing good practice, control, and regulations regarding esthetic and antiaging medicine.
The medical tourism industry in South Africa is also growing. People from across the world are travelling to the country to avail treatment, as healthcare settings offer cost-effective services. According to ISAPS 2020, in South Africa, around 10% of the patients undergoing cosmetics treatment were foreigners.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa rhinoplasty market , including forecasts for subscribers. This country databook contains high-level insights into South Africa rhinoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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