The rhytidectomy global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Rhytidectomy Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The rhytidectomy market size has grown strongly in recent years. It will grow from $2.63 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to surgeon expertise and training, accessibility and affordability, marketing and media influence, economic conditions, improvements in safety and efficacy.
The rhytidectomy market size is expected to see strong growth in the next few years. It will grow to $3.7 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to consumer confidence and spending, social media influence, health and wellness trends, medico-legal developments, rise in beauty consciousness. Major trends in the forecast period include celebrity endorsements and public figures, rising demand among younger demographics, cultural perception of aging, increased awareness and education, demand for natural-looking results.
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Scope Of Rhytidectomy Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Rhytidectomy Market Overview
Market Drivers –
The increasing demand for cosmetic procedures is expected to drive the rhytidectomy market. Cosmetic surgery includes surgical as well as nonsurgical procedures to reshape and enhance the structures of the body to improve appearance and confidence. Rhytidectomy is a type of cosmetic surgery that helps to improve the visual signs of aging on the neck and face. The increase in demand for cosmetic procedures will increase the demand for rhytidectomy. For instance, in February 2022, according to the American Academy of Facial Plastic and Reconstructive Surgery Inc. (AAFPRS), a US-based medical organization dedicated to facial plastic and reconstructive surgeries, the number of surgical and nonsurgical facial plastic surgery treatments performed in 2021 grew by 40% as compared to 2020. In 2021, roughly 1.4 million surgical and nonsurgical procedures were performed. Therefore, increasing demand for cosmetic procedures will contribute to the growth of the rhytidectomy market.
Market Trends –
Technological advancements are the key trend gaining popularity in the rhytidectomy market. Companies operating in the rhytidectomy market are introducing technologically advanced products to sustain their position in the market. For instance, in January 2023, BTL Aesthetics, a UK-based medical equipment company, launched Emface, a new non-invasive facial treatment. Emface uses high-intensity focused electromagnetic (HIFEM) technology specifically designed to stimulate and tone the facial muscles. The treatment aims to reduce the appearance of wrinkles, fine lines, and sagging skin by inducing powerful muscle contractions that help to improve muscle definition and skin elasticity. The non-invasive device is placed on the patient’s face, and the HIFEM technology works to target and contract the facial muscles, resulting in a firmer, more toned appearance.
The rhytidectomy market covered in this report is segmented –
1) By Type: Traditional Facelift, Superficial Musculoaponeurotic System (SMAS) Facelift, Deep Plane Facelift, Mid Facelift, Mini Facelift, Cutaneous Facelift
2) By Age: 30-39 Years, 40-54 Years, 55-69 Years, 70 Years And Above
3) By Area of Treatment: Mandibular, Chin, Nasal, Jaw, Injectable, Malar
4) By End User: Hospitals, Clinics, Other End Users
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Regional Insights –
North America was the largest region in the rhytidectomy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global rhytidectomy market report during the forecast period. The regions covered in the rhytidectomy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the rhytidectomy market report are Piedmont Plastic Surgery & Dermatology, The Plastic Surgery Center, USA Health Plasticrio, Plastic Surgery KC, London Bridge Plastic Surgery, University of South Alabama Health System, Aset Hospital, Milada Plastic Surgery Hospital, Galderma S.A., Millennium Surgical Corporation, Enhance Medical Group, BSR ENT Hospital, Candela Medical Corporation, Allergan Aesthetics, Sientra Inc., Cynosure LLC, Mentor Worldwide LLC, PPSD Plastic Surgery Center, Thermo Fisher Scientific Inc., ABEC Ltd., Eli Lilly and Company, Medtronic plc, Siemens Healthineers AG, Micron Technology, Inc., NVIDIA Corporation, Intel Corporation, International Business Machines Corporation, Amazon Web Services, Inc., Koninklijke Philips N.V., Enlitic Inc., General Electric Company, Cobham plc, Ultra Electronics Holdings plc, Chemring Group plc, Hanwha Corporation, Bharat Electronics Limited, IWI – Israel Weapon Industries
Table of Contents
1. Executive Summary
2. Rhytidectomy Market Report Structure
3. Rhytidectomy Market Trends And Strategies
4. Rhytidectomy Market – Macro Economic Scenario
5. Rhytidectomy Market Size And Growth
…..
27. Rhytidectomy Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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