About Rhinoplasty
Rhinoplasty is one of the most common types of plastic surgery to change the shape of the nose by modifying the bone or cartilage. This surgery is used to repair the nose after an injury, by modifying the bone or cartilage. The factors such as Increased Awareness about Physical Appearance among People, Increased Number of Facial Cosmetic Surgery, Growth in the Healthcare Infrastructure in Emerging Regions and Development of New Diagnostic Centres and Hospitals are the key drivers for the global Rhinoplasty market. In addition, Technological Advancements in Medical Science such as 3D computer-assisted techniques also fueling the market growth. However, Risks Associated with Rhinoplasty and Lack of Skilled Surgeons may hamper the market growth.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that france Players will contribute the maximum growth to Global Rhinoplasty market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allergan, Inc. (United States), Stryker (United States), Implantech Associates, Inc. (United States), GC Aesthetics PLC (Ireland), Surgiform (United States), Sientra (United States), Medartis AG (Switzerland), Johnson & Johnson (United States) and Implantech Associates, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Nagor Ltd (United Kingdom) and Spirox, Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global Rhinoplasty market by Type (Closed Rhinoplasty hidden inside the nose., Open Rhinoplasty, Filler Rhinoplasty and Revision Rhinoplasty), Application (power setting of the console,, density of the bone, and amount of time the surgical tip spends in contact with the bone.5–7) and Region.
On the basis of geography, the market of Rhinoplasty has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Treatment, the sub-segment i.e. Augmentation will boost the Rhinoplasty market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Rhinoplasty market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Open Rhinoplasty will boost the Rhinoplasty market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Medical Science such as 3D computer-assisted techniques
Market Growth Drivers:
Increased Awareness about Physical Appearance among People, Increased Number of Facial Cosmetic Surgery, Growth in the Healthcare Infrastructure in Emerging Regions and Development of New Diagnostic Centres and Hospitals
Challenges:
Lack of Skilled Surgeons
Restraints:
Risks Associated with Rhinoplasty
Opportunities:
Growth in the Healthcare Industry Worldwide, Increasing Target Patient Population and Increased Research and Development Activities
Market Leaders and their expansionary development strategies
In May 2020, AbbVie, a research-based global biopharmaceutical company, announced that it has completed its acquisition of Allergan plc following receipt of regulatory approval from all government authorities required by the transaction agreement and approval by the Irish High Court.
In 2020, ConMed Corporation announced the launch of its new product, the Sabre Ultrasonic Rhinoplasty System, which is designed to provide precise and controlled cutting during Rhinoplasty procedures.
Key Target Audience
Rhinoplasty Treatment Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.