Middle East & Africa Rhinoplasty Market Size & Outlook
The rhinoplasty market in Middle East & Africa is expected to reach a projected revenue of US$ 1,335.9 million by 2030. A compound annual growth rate of 6.6% is expected of Middle East & Africa rhinoplasty market from 2023 to 2030.
In terms of revenue, MEA region accounted for 14.6% of the global rhinoplasty market in 2022.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 2,126.8 million by 2030.
MEA region mainly includes South Africa, Saudi Arabia, and the UAE. MEA rhinoplasty market is anticipated to grow at a steady rate during the forecast period. This can be attributed to increasing medical tourism in this region due to rising affordability.
Major drivers of market growth include rapid technological advancements, increase in awareness among people, and rise in the demand for rhinoplasty procedures. Increasing esthetic consciousness is another factor boosting the demand for rhinoplasty services and products.
According to a research paper published in Plastic and Reconstructive Surgery in 2018, the most commonly performed surgery among all aesthetic surgeries is rhinoplasty in the Middle East. The number of rhinoplasty procedures performed in Tehran and Iran is seven times more than that in the U.S., and it is also called the “rhinoplasty capital of the world.”.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Rhinoplasty Market Outlook will help companies and investors design strategic landscapes.
Augmentation was the largest segment with a revenue share of 17.56% in 2022.
Horizon Databook has segmented the Middle East & Africa rhinoplasty market based on augmentation, reduction, post traumatic, reconstructive, revision, filler covering the revenue growth of each sub-segment from 2018 to 2030.
MEA region mainly includes South Africa, Saudi Arabia, and the UAE. MEA rhinoplasty market is anticipated to grow at a steady rate during the forecast period. This can be attributed to increasing medical tourism in this region due to rising affordability.
Major drivers of market growth include rapid technological advancements, increase in awareness among people, and rise in the demand for rhinoplasty procedures. Increasing esthetic consciousness is another factor boosting the demand for rhinoplasty services and products.
According to a research paper published in Plastic and Reconstructive Surgery in 2018, the most commonly performed surgery among all aesthetic surgeries is rhinoplasty in the Middle East. The number of rhinoplasty procedures performed in Tehran and Iran is seven times more than that in the U.S., and it is also called the “rhinoplasty capital of the world.”.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Rhinoplasty Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Rhinoplasty Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.