Future Outlook of the Rhytidectomy Market: Growth, Trends, and Emerging Opportunities Explored
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How has the rhytidectomy market grown in recent years?
In recent times, the rhytidectomy market size has seen vigorous growth. The market is projected to expand from $2.75 billion in 2024 to $2.93 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. Factors contributing to the remarkable surge during the historic period encompass surgeon proficiency and education, easy accessibility and cost-effectiveness, influences of marketing and media, economic circumstances, and advancements in safety and efficiency.
How is the rhytidectomy market size expected to evolve during the forecast period?
The market size for rhytidectomy is predicted to witness substantial expansion in the coming years, reaching a valuation of “$3.97 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.9%. Factors such as consumer faith and expenditure, the impact of social media, wellness and health movements, advancements in healthcare legislation, and heightened focus on aesthetics are likely to propel growth within this period. Dominant trends during the forecast period encompass endorsements by celebrities and public figures, surge in demand from the younger population, the societal view of aging, increased understanding and awareness, and the desire for results that appear natural.
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Which key drivers are propelling the rhytidectomy market’s growth?
The rise in popularity of cosmetic procedures is anticipated to boost the rhytidectomy market. This branch of surgery, including both surgical and nonsurgical methods, aims to modify and augment physical structures, thereby improving aesthetics and self-confidence. A particular cosmetic surgery, rhytidectomy, addresses visible signs of aging in the neck and face. With the escalating demand for cosmetic procedures, the need for rhytidectomy is also likely to increase. For example, in September 2023, data from the US-based International Society of Aesthetic Plastic Surgery revealed that over 14.9 million surgical and 18.8 million non-surgical procedures were carried out across the globe in 2022, offering an overall growth of 11.2%. Hence, the swelling demand for cosmetic procedures will likely enhance the growth trend of the rhytidectomy market.
What are the market segments in the rhytidectomy industry?
The rhytidectomy market covered in this report is segmented –
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
Subsegments:
1) By Traditional Facelift: Full Facelift, Lower Facelift
2) By Superficial Musculoaponeurotic System (SMAS) Facelift: SMAS Plication Facelift, SMAS Flap Facelift
3) By Deep Plane Facelift: Extended Deep Plane Facelift, Short-Scar Deep Plane Facelift
4) By Mid Facelift: Endoscopic Mid Facelift, Open Mid Facelift
5) By Mini Facelift: Mini Facelift with Local Anesthesia, Mini Facelift With Sedation
6) By Cutaneous Facelift: Full Cutaneous Facelift, Limited Cutaneous Facelift
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Which leading companies are shaping the growth of the rhytidectomy market?
Major companies operating in the rhytidectomy market include Johnson & Johnson, AbbVie Inc., Cutera Inc., Galderma S.A., Revance Therapeutics Inc., Sientra Inc., Bausch Health Companies Inc., Sinclair Pharma PLC, Mentor Worldwide LLC, Cynosure LLC, Merz Pharmaceuticals GmbH, Lumenis Ltd., Apyx Medical Corporation, Anika Therapeutics Inc., InMode Ltd., Sciton Inc., Alma Lasers Ltd., Syneron Medical Ltd., Evolus Inc., Ipsen Pharma, Teoxane Laboratories, Medytox Inc., Ulthera Inc., Venus Concept Ltd., Candela Corporation, ThermiGen LLC, Endo Aesthetics LLC, Fotona d.o.o., Aesthetics Biomedical Inc.
What key trends are currently impacting the rhytidectomy market’s development?
The introduction of innovative technology is a notable trend in the rhytidectomy market. In order to maintain their competitive edge, firms in this industry are unveiling technologically superior products. For instance, BTL Aesthetics, a UK medical equipment firm, debuted a new non-invasive facial treatment called Emface in January 2023. Utilizing high-intensity focused electromagnetic (HIFEM) technology created specifically to excite and tone facial muscles, Emface aims to mitigate the look of wrinkles, fine lines, and drooping skin by triggering strong muscle contractions. These contractions enhance muscle definition and skin elasticity. The non-surgical device is applied to a patient’s face, where the HIFEM technology begins focusing on and contracting the facial muscles, leading to a tighter, more sculpted visual appeal.
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Which geographic areas are influencing the growth of the rhytidectomy market?
North America was the largest region in the rhytidectomy market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global rhytidectomy market report during the forecast period. The regions covered in the rhytidectomy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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