Rhinoplasty Market 2024: Comprehensive Analysis and Forecasts Growth Driven by Rising Demand for Advanced Nonsurgical Rhinoplasty Procedures

The new report published by The Business Research Company, titled "Rhinoplasty Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the rhinoplasty market size has grown strongly in recent years. It will grow from $5.55 billion in 2023 to $5.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The rhinoplasty market size is expected to see strong growth in the next few years. It will grow to $8.17 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.

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Impact Of Rising Road Accidents on The Growth Of The Rhinoplasty Market
A growing number of road accidents is expected to propel the growth of the rhinoplasty market going forward. A road accident, also referred to as a traffic or motor vehicle accident, is an unexpected event involving one or more vehicles on a public road that damages property and causes injury or death. Road accidents are rising due to increased vehicle numbers, distracted driving, and inadequate road safety measures. Rhinoplasty is used in road accident cases to reconstruct and repair nasal injuries, restoring function and appearance. It addresses trauma-related deformities and breathing issues caused by nasal fractures. For instance, in May 2022, according to the National Highway Traffic Safety Administration, a US-based government agency, around 42,915 people died in motor vehicle traffic crashes in 2021, marking a 10.5% rise from the 38,824 fatalities in 2020. Therefore, the growing number of road accidents is driving the growth of the rhinoplasty market.

Development Of Advanced Nonsurgical Rhinoplasty Procedures
Major companies operating in the rhinoplasty market are increasing their focus on developing advanced nonsurgical procedures to sustain their position in the market. Nonsurgical procedures are medical treatments and interventions that do not involve making incisions into the body or removing tissue. These procedures are less invasive than surgical ones and often involve minimal recovery time. For instance, in February 2023, TrueAesthetics, a US-based cosmetic services provider, introduced a nonsurgical nose job procedure. This procedure entails strategically injecting fillers into the nose to achieve a smoother, more aesthetically pleasing look without surgery. The most common nonsurgical nose job corrects a bump on the bridge of the nose by filling the radix area, which is the highest point of the nose, located directly between the eyes, by injecting along the middle of the bridge.

The rhinoplasty market covered in this report is segmented -

1) By Treatment Type: Augmentation, Reduction, Post traumatic, Reconstructive, Revision, Filler, Other Treatments Types
2) By Technique: Open Rhinoplasty, Closed Rhinoplasty
3) By End User: Hospitals, Specialty Clinics, Aesthetic Clinic, Others End Users

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Major companies operating in the rhinoplasty market are Medtronic PLC, Stryker Corporation, Zimmer Biomet, Integra Lifesciences Holdings Corporation, MTF Biologics, KLS Martin Group, Syneron Medical Ltd., Pristyn Care, Sientra Inc., Koken Co. Ltd., Graham Plastic Surgery, GC Aesthetics, Merz Aesthetics, Suneva Medical Inc., Implantech Associates Inc., Luminera Derm Ltd., NOUVAG AG, COMEG Medical Technologies, Contura Ltd., Anthony Products Inc, New York Center for Facial Plastic Surgery, Osteopore, Sunset Cosmetic Surgery, Grover Aesthetics

Contents of the report:
1. Executive Summary
2. Rhinoplasty Market Report Structure
3. Rhinoplasty Market Trends And Strategies
4. Rhinoplasty Market - Macro Economic Scenario
5. Rhinoplasty Market Size And Growth
…..
27. Rhinoplasty Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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