South Africa Rhinoplasty Market Size & Outlook, 2022-2030
South Africa Rhinoplasty Market, 2018-2030 (US$M)
Global Market
Related Markets
South Africa rhinoplasty market highlights
- The South Africa rhinoplasty market generated a revenue of USD 98.0 million in 2022 and is expected to reach USD 159.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.3% from 2023 to 2030.
- In terms of segment, augmentation was the largest revenue generating treatment type in 2022.
- Augmentation is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Rhinoplasty market data book summary
| Market revenue in 2022 | USD 98.0 million |
| Market revenue in 2030 | USD 159.8 million |
| Growth rate | 6.3% (CAGR from 2022 to 2030) |
| Largest segment | Augmentation |
| Fastest growing segment | Augmentation |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Augmentation, Reduction, Post traumatic, Reconstructive, Revision, Filler |
| Key market players worldwide | Stryker Corp, Implantech, GC Aesthetics, Surgiform Technology |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.8% of the global rhinoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE rhinoplasty market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 282.6 million by 2030.
Increasing number of women in workforce, growing middle-class population, and rising disposable income are some of the factors boosting the market growth in South Africa. Moreover, increasing urbanization is leading to a rise in spending on beauty and personal care, since urban consumers have high disposable income.
The country has rich cultural diversity and awareness about personal care is rapidly increasing, which is expected to boost the demand for rhinoplasty over the forecast period. In addition, a nonprofit medical society called The Aesthetic and Anti-aging Medicine Society of South Africa is dedicated to establishing good practice, control, and regulations regarding esthetic and antiaging medicine.
The medical tourism industry in South Africa is also growing. People from across the world are travelling to the country to avail treatment, as healthcare settings offer cost-effective services. According to ISAPS 2020, in South Africa, around 10% of the patients undergoing cosmetics treatment were foreigners.
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Rhinoplasty Market Scope
Rhinoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Implantech | View profile | 101-250 | Ventura, California, United States, North America | www.implantech.com |
| GC Aesthetics | View profile | 251-500 | Sandyford, Dublin, Ireland, Europe | www.gcaesthetics.com/ |
| Surgiform Technology | View profile | 11-50 | Lugoff, South Carolina, United States, North America | surgiform.com |
South Africa Rhinoplasty Market Outlook
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 17.55% in 2022.
Horizon Databook has segmented the South Africa rhinoplasty market based on augmentation, reduction, post traumatic, reconstructive, revision, filler covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of women in workforce, growing middle-class population, and rising disposable income are some of the factors boosting the market growth in South Africa. Moreover, increasing urbanization is leading to a rise in spending on beauty and personal care, since urban consumers have high disposable income.
The country has rich cultural diversity and awareness about personal care is rapidly increasing, which is expected to boost the demand for rhinoplasty over the forecast period. In addition, a nonprofit medical society called The Aesthetic and Anti-aging Medicine Society of South Africa is dedicated to establishing good practice, control, and regulations regarding esthetic and antiaging medicine.
The medical tourism industry in South Africa is also growing. People from across the world are travelling to the country to avail treatment, as healthcare settings offer cost-effective services. According to ISAPS 2020, in South Africa, around 10% of the patients undergoing cosmetics treatment were foreigners.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Rhinoplasty Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Rhinoplasty Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.