DUBLIN, Oct. 19, 2023 (GLOBE NEWSWIRE) — In light of the recent release by the American Society of Plastic Surgeons (ASPS), which highlighted a 19% increase in cosmetic procedures since 2019 and a staggering 26.2 million surgical and minimally invasive cosmetic and reconstructive procedures performed in the U. S. in 2022, the relevance of the newly launched research report titled “Global Rhinoplasty Market by Type (Augmentation, Ethnic Rhinoplasty, Filler), Technique (Closed Rhinoplasty, Open Rhinoplasty), Procedure Type – Forecast 2023-2030″ added to ResearchAndMarkets.com’s offering has never been more pertinent.
This comprehensive study offers a deep dive into the burgeoning rhinoplasty market, which was valued at a significant USD 6.83 billion in 2022 and is forecast to grow at a CAGR of 7.38% to reach an impressive USD 12.07 billion by 2030. Aimed at business owners and managers, the report provides invaluable insights that enable informed decision-making.
Market segmentation and coverage:
The report meticulously dissects various sub-markets, provides revenue forecasts and identifies emerging trends in each category, promising a holistic view of the Rhinoplasty market landscape. Notably, the Revision type of rhinoplasty held the largest market share of 18.26% in 2022, closely followed by Refinement Rhinoplasty. The Open Rhinoplasty technique dominated with a market share of 43.01% in 2022, overshadowing Closed Rhinoplasty. The Surgical procedure was the more prevalent procedure type, accounting for a market share of 58.41% in 2022. Geographically, Europe, the Middle East and Africa led the market with a 37.99% share in 2022, followed by the Americas.
Tools for decision makers:
The FPNV Positioning Matrix, a cornerstone of this report, is an essential tool for assessing the rhinoplasty market. By providing a comprehensive assessment of vendors, taking into account key metrics related to business strategy and product satisfaction, it enables users to navigate the market with confidence. The market share analysis, another highlight, provides an in-depth understanding of the competitive environment, shedding light on market share acquisition, fragmentation, dominance and industry consolidation.
Key company profiles:
Readers are treated to an exploration of key developments in the rhinoplasty market, spotlighting leading players such as AbbVie Inc, Aesthetics Medispa and COMEG Medical Technologies, among others. The report also examines the market dynamics, offerings, strategies, products, certifications, and manufacturing capabilities of these market leaders.
Valuable insights:
The research report addresses burning questions and provides clarity on the market size and forecast for the Rhinoplasty market, highest investment potentials, latest technology trends, regulatory framework, market shares of leading vendors and suitable strategies for market entry.
As the world of plastic surgery experiences a surge in demand, this report is a beacon for industry players, offering a thorough understanding of market trends and emerging opportunities. Entrepreneurs and managers looking to invest in or diversify into the rhinoplasty sector will find this report an indispensable asset, ensuring they are equipped with the knowledge and insight needed to succeed in this dynamic market.
