Rhinoplasty Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Rhinoplasty Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global rhinoplasty market grew at a CAGR of around 5% during 2015-2020. Rhinoplasty, or nose job, is a surgical procedure performed for changing the shape and appearance of the nose for restorative, reconstructive and cosmetic purposes. It is one of the most common types of plastic surgery performed by giving local anesthesia to the patient with sedation. This procedure also aids in repairing deformities from an injury or improving breathing difficulties caused by birth or structural defect in the nose. Rhinoplasty includes the change in size and angle of the bone, cartilage and skin of the nose, straightening of the bridge, reshaping the tip and narrowing the nostrils. It also corrects the deviated septum, which is achieved by adjusting the nasal structure to produce better alignment.

The global rhinoplasty market is primarily driven by the growing consciousness about physical appearances. Along with this, the growing influence of social media has encouraged individuals, especially the younger population, to opt for various cosmetic surgeries like rhinoplasty. The inflating income levels and rising adoption of medical tourism have further catalyzed the market growth. This can be attributed to the low cost of treatments and access to better healthcare infrastructure. Besides this, the rising geriatric population, which is more vulnerable to sleep disorders and snoring problems, has led to the escalating demand for rhinoplasty treatments. Moreover, technological advancements, such as non-surgical nose jobs that use tiny needles and the integration of 3D-printed computer-assisted techniques that help reshape living tissue and reduce the rate of revision of the rhinoplasty procedures, have added to the market growth. Looking forward, IMARC Group expects the global rhinoplasty market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global rhinoplasty market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, treatment type and technique.

Breakup by Treatment Type:

Augmentation
Reduction
Post-Traumatic
Reconstructive
Revision
Others

Breakup by Technique:

Open Rhinoplasty
Closed Rhinoplasty

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being COMEG, GROVER AESTHETICS, Implantech, KLS Martin Group, New York Center for Plastic Surgery, Stryker Corporation, Sunset Cosmetic Surgery and Surgiform Technologies LLC.

Key Questions Answered in This Report:

How has the global rhinoplasty market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global rhinoplasty market?
What are the key regional markets?
What is the breakup of the market based on the treatment type?
What is the breakup of the market based on the technique?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global rhinoplasty market and who are the key players?
What is the degree of competition in the industry?