Rhytidectomy Market Forecast 2024-2033

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Overview and Scope
Rhytidectomy refers to a surgical procedure aimed at reducing visible signs of aging by removing excess facial skin, tightening underlying muscles, and repositioning tissues to create a more youthful and rejuvenated appearance. The procedure targets sagging skin, deep folds, jowls, and loose neck skin, resulting in a smoother, firmer, and more lifted facial contour.

Sizing and Forecast
The rhytidectomy market size has grown strongly in recent years. It will grow from $2.63 billion in 2023 to $2.83 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to surgeon expertise and training, accessibility and affordability, marketing and media influence, economic conditions, improvements in safety and efficacy.

The rhytidectomy market size is expected to see strong growth in the next few years. It will grow to $3.7 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to consumer confidence and spending, social media influence, health and wellness trends, medico-legal developments, rise in beauty consciousness. Major trends in the forecast period include celebrity endorsements and public figures, rising demand among younger demographics, cultural perception of aging, increased awareness and education, demand for natural-looking results.

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Segmentation & Regional Insights
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

North America was the largest region in the rhytidectomy market in 2023. 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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Major Driver Impacting Market Growth
The increasing demand for cosmetic procedures is expected to drive the rhytidectomy market. Cosmetic surgery includes surgical as well as nonsurgical procedures to reshape and enhance the structures of the body to improve appearance and confidence. Rhytidectomy is a type of cosmetic surgery that helps to improve the visual signs of aging on the neck and face. The increase in demand for cosmetic procedures will increase the demand for rhytidectomy. For instance, in February 2022, according to the American Academy of Facial Plastic and Reconstructive Surgery Inc. (AAFPRS), a US-based medical organization dedicated to facial plastic and reconstructive surgeries, the number of surgical and nonsurgical facial plastic surgery treatments performed in 2021 grew by 40% as compared to 2020. In 2021, roughly 1.4 million surgical and nonsurgical procedures were performed. Therefore, increasing demand for cosmetic procedures will contribute to the growth of the rhytidectomy market.

Key Industry Players

Major companies operating in the rhytidectomy market report are Piedmont Plastic Surgery & Dermatology, The Plastic Surgery Center, USA Health Plasticrio, Plastic Surgery KC, London Bridge Plastic Surgery, University of South Alabama Health System, 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, Mentor Worldwide LLC, PPSD Plastic Surgery Center, Thermo Fisher Scientific Inc., ABEC Ltd., Eli Lilly and Company, Medtronic PLC, Siemens Healthineers AG, Micron Technology, Inc., NVIDIA Corporation, Intel Corporation, International Business Machines Corporation, Amazon Web Services, Inc., Koninklijke Philips N.V., Enlitic Inc., General Electric Company, Cobham PLC, Ultra Electronics Holdings PLC, Chemring Group PLC, Hanwha Corporation, Bharat Electronics Limited, IWI – Israel Weapon Industries

The rhytidectomy market report table of contents includes:

1. Executive Summary
2. Rhytidectomy Market Characteristics
3. Rhytidectomy Market Trends And Strategies
4. Rhytidectomy Market – Macro Economic Scenario
5. Global Rhytidectomy Market Size and Growth
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31. Global Rhytidectomy Market Competitive Benchmarking
32. Global Rhytidectomy Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Rhytidectomy Market
34. Rhytidectomy Market Future Outlook and Potential Analysis
35. Appendix

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