The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s rhytidectomy market report forecasts the rhytidectomy market size to grow to $3.45 Billion by 2027, with a CAGR (compound annual growth rate) of 7%.

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Rhytidectomy Market Size Forecast
The global rhytidectomy market is expected to grow from $2.44 billion in 2022 to $2.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.87%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global rhytidectomy market size is expected to reach $3.45 billion in 2027 at a CAGR of 7.0%.

North America held the largest rhytidectomy market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Rhytidectomy Market Driver ­– Increase In Demand For Cosmetic Procedures
According to the American Academy of Facial Plastic and Reconstructive Surgery Inc. (AAFPRS), a US-based medical organisation dedicated to facial plastic and reconstructive surgeries, the number of surgical and nonsurgical facial plastic surgery treatments performed in 2021 increased by 40% over the previous year in February 2022. Approximately 1.4 million surgical and nonsurgical treatments will be performed in 2021. As a result, rising demand for cosmetic operations will drive the rhytidectomy industry forward.

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Key Rhytidectomy Market Trend – Technological Advancement
Companies in the rhytidectomy industry are introducing technologically sophisticated goods to maintain their market position. For example, BTL Aesthetics, a UK-based medical equipment firm, will offer Emface, a revolutionary non-invasive facial treatment, in January 2023. Emface use high-intensity focused electromagnetic (HIFEM) technology to stimulate and tone the facial muscles. The therapy seeks to increase muscle definition and skin elasticity by causing forceful muscular contractions that help to decrease the appearance of wrinkles, fine lines, and sagging skin. The non-invasive device is put on the patient’s face, and the HIFEM technology targets and contracts the facial muscles, giving the patient a firmer, more toned appearance.

Rhytidectomy Market Segment
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

Rhytidectomy Market Major Players and Strategies
Major players in the rhytidectomy market are Piedmont Plastic Surgery & Dermatology, The Plastic Surgery Center, USA Health, Plastic Surgery K.C., London Bridge Plastic Surgery, 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, and Mentor Worldwide LLC.

In February 2023, Athenix, a US-based medical practise specialising in plastic surgery operations, paid an unknown sum for Marina Plastic Surgery and MedSpa. With this strategic acquisition, Athenix sought to increase its service offerings and grow its presence in the plastic surgery market. Marina Plastic Surgery and MedSpa is a plastic surgery practise in the United States that specialises in rhytidectomy treatments.

The Rhytidectomy Global Market Report 2023 covers regional data on rhytidectomy market size, rhytidectomy market trends and drivers, opportunities, strategies, and rhytidectomy market competitor analysis. The countries covered in the rhytidectomy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Rhytidectomy is a surgical technique that removes extra face skin while tightening underlying muscles and rearranging tissues to achieve a more young and revitalised appearance. The operation addresses drooping skin, deep folds, jowls, and loose neck skin, producing a smoother, firmer, and more elevated facial shape.

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