Dublin, April 18, 2023 (GLOBE NEWSWIRE) -- The "Rhytidectomy Market Size, Share & Trends Analysis Report By Type (Full Facelift, Mini Facelift), By Age Group (30 - 39, 40 - 54), By Gender (Female, Male) By End-use (Hospital, Clinics, Others), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global rhytidectomy market size is expected to reach USD 5.36 billion by 2030 to expand at a CAGR of 9.3% from 2023 to 2030.
Companies Mentioned
- PPSD
- Plastic Surgery Center
- USA Health
- Plasticrio
- London Bridge Plastic Surgery
- Aset Hospital
- Milada Plastic Surgery Hospital
- Plastic Surgery K.C.
The growing adoption of rhytidectomy procedures in the aging adult population coupled with technological advancements are fueling industry growth. The demand for rhytidectomy procedures is increasing significantly in the adult population due to skin laxity, lipoatrophy, and facial aging.
Technological advancements such as the use of radiofrequency and ultrasound energy has increased the efficiency of these procedures. According to a study published by NCBI, radiofrequency produces noticeable clinical outcomes and is a promising procedure for photo aging with less downtime and fewer adverse effects.
COVID-19 had a drastic impact on the rhytidectomy market due to the imposed restrictions on elective surgeries, economic uncertainty, and increasing shift towards well-being and health from cosmetic procedures. However, in the post-pandemic era the market witnessed steady growth in 2021, owing to a significant decrease in restrictions.
Rhytidectomy Market Report Highlights
- Based on the type, the full facelift segment held the majority of the revenue share at over 75% in 2022 due to rising adoption of full facelifts in among the female population. On the other hand, mini facelift segment is expected to witness the fastest CAGR of 9.9% over the forecast period owing to the rising popularity as they target specific facial concerns.
- Based on age group, the 55 - 69 years age group segment dominated the market in terms of revenue share of over 60% in 2022 owing to facial aging being more common among this population.
- Based on gender, the female segment dominated the market in terms of the revenue share of around 85% in 2022 owing to increasing awareness among the female population, growth in number of women in workforce, and increasing per capita income, thereby increasing the adoption of cosmetic procedures.
- Based on end-use, the hospital segment dominated the market in terms of the revenue share of over 40% in 2022 and is expected to grow at the fastest CAGR during the forecast period owing to hospitals being preferable by the patients for cosmetic treatments.
- In 2022, North America dominated the market with a revenue share of over 35% owing to the presence of technological advanced infrastructure in the region. Asia Pacific is anticipated to grow at the fastest CAGR of 10.2% during the forecast period attributed to the presence of skilled healthcare professionals and availability of cost-efficient surgical procedures.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 90 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.63 Billion |
| Forecasted Market Value (USD) by 2030 | $5.36 Billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Report Scope And Objectives
Chapter 2 Methodology
Chapter 3 Executive Summary
Chapter 4 Market Variables, Trends & Scope
4.1 Market Lineage Outlook
4.1.1 Parent Market Outlook
4.2 Rhytidectomy Market Dynamics
4.2.1 Market Driver Analysis
4.2.2 Market Restraint Analysis
4.3 Rhytidectomy Market: Business Environment Analysis Tools
4.4 Penetration & Growth Prospect Mapping
4.5 Impact Of Covid-19 On Rhytidectomy Market
Chapter 5 Rhytidectomy Market: Type Analysis
5.1 Rhytidectomy Type Market Share Analysis, 2022 & 2030
5.2 Rhytidectomy Type Market: Segment Dashboard
5.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Type Market Segment
5.3.1 Full Facelit
5.3.1.1 Full Facelift Market, 2017 - 2030 (USD Million)
5.3.2 Mini Facelift
5.3.2.1 Mini Facelift Market, 2017 - 2030 (USD Million)
Chapter 6 Rhytidectomy Market: Age Group Analysis
6.1 Rhytidectomy Age Group Market Share Analysis, 2022 & 2030
6.2 Rhytidectomy Age Group Market: Segment Dashboard
6.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Age Group Segment
6.3.1 30 - 39 Years
6.3.1.1 30 - 39 Years Market, 2017 - 2030 (USD Million)
6.3.2 40 - 54 Years
6.3.2.1 40 - 54 Years Market, 2017 - 2030 (USD Million)
6.3.3 55 - 69 Years
6.3.2.1 55 - 69 Years Market, 2017 - 2030 (USD Million)
6.3.4 70 Years And Above
6.3.2.1 70 Years And Above Market, 2017 - 2030 (USD Million)
Chapter 7 Rhytidectomy Market: Gender Analysis
7.1 Rhytidectomy Gender Market Share Analysis, 2022 & 2030
7.2 Rhytidectomy Gender Market: Segment Dashboard
7.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The Gender Segment
7.3.1 Male
7.3.1.1 Male Market, 2017 - 2030 (USD Million)
7.3.2 Female
7.3.2.1 Female Market, 2017 - 2030 (USD Million)
Chapter 8 Rhytidectomy Market: End-Use Analysis
8.1 Rhytidectomy End-Use Market Share Analysis, 2022 & 2030
8.2 Rhytidectomy End-Use Market: Segment Dashboard
8.3 Market Size & Forecasts And Trend Analyses, 2017 To 2030 For The End-Use Segment
8.3.1 Hospital
8.3.1.1 Hospital Market, 2017 - 2030 (USD Million)
8.3.2 Clinics
8.3.2.1 Clinics Market, 2017 - 2030 (USD Million)
8.3.3 Others
8.3.3.1 Others Market, 2017 - 2030 (USD Million)
Chapter 9 Rhytidectomy Market: Regional Analysis
Chapter 10 Competitive Analysis
10.1 Recent Developments & Impact Analysis, By Key Market Participants
10.2 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/4id5sl
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