Wrythectomy is a cosmetic procedure used to remove excess facial skin, resurface the skin, tone the facial muscles and tighten the underlying tissues to give the patient a more youthful appearance.
New York, April 20, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Rhythymectomy Market Size, Share and Industry Trend Analysis By Age Group, By Type, By Gender, By End Use, By Regional Outlook and forecasts, 2022 – 2028″ –
Wrythectomy is more commonly referred to as a facelift. The fundamental desire to remain young is a major factor driving the global rhytidectomy market. Rhydectomy ranks as the sixth most popular cosmetic procedure, behind breast augmentation, liposuction, tummy tuck, eyelid surgery and breast lift, according to the American Society for Aesthetic Plastic Surgery.
The rhytidectomy market is highly sensitive to various social and cultural issues, including the impact of the media and the fashion industry, peer pressure for attractiveness, and changing definitions of beauty, among many others. The market is driven by the rise of the elderly, particularly the baby boomer generation. A flap of skin on each side of the face is pulled back during a wrinkleectomy or facelift. In addition to removing excess skin, the tissues beneath the skin are also changed. This shapes the face to look younger.
Often, a facelift includes a neck lift. On the neck, it minimizes fat and sagging skin. As people grow older, their faces change in appearance and structure. The skin starts to sag and doesn’t recover as quickly. Some parts of the fat on the face decrease, while others see an increase. Some common age-related changes that can be treated with a facelift include sagging cheeks, extra skin on the lower jaw, and deep skin folds that run from the corners of the mouth to the sides of the nose.
Most of the demand for rhytidectomy arises in nations that are primarily known for medical tourism. Therefore, the tourism industry has a share disproportionate to its size. For example, due to their strong tourism industries, tourist hotspots such as Miami, Pattaya, Bangkok and Venezuela perform disproportionately high lift operations. More FDA approvals are fueling the growth and expansion of the rhytidectomy market. In addition, the US FDA approval of fibrin sealants and the emergence of therapeutic creams further boosted demand.
Analysis of the impact of COVID-19
As a result, the number of facelift procedures increased in 2021, according to a report by the National Cosmetic Plastic Surgery Data Bank. The average time spent on conference calls increased due to remote working. As a result, individuals focused too much on their looks due to which the market boomed and this trend is expected to continue for some time. Additionally, the demand for cosmetic procedures has emerged in developing countries due to the growing consciousness about health and well-being. Hence, the pandemic has had a positive impact on the rhytidectomy market.
Market Development Factors
The use of advanced technology in hospitals and clinics is increasing
More and more hospitals and clinics are now able to perform cosmetic procedures thanks to technological advances in advanced diagnostic imaging technology. Demand for facelifts is expected to be driven by the development of computer-generated figures that provide a quick perspective of the procedure to patients. Technological advances, including MRI, CT and others, are simplifying the surgical process. Additionally, the creation of computer-generated models gives patients a quick look at the results of the procedure.
Social networking and the growing influence of the fashion world
Adoption of social media by young people is common worldwide. People aim to look attractive on social networks as well as on dating sites. Also, many people have had plastic surgery due to social media influence. Many single and divorced women and men are opting for cosmetic surgery in recent years. Women need to look beautiful and are willing to spend money to do so, especially those in elite circles. In addition, some people are captivated by the extravagant lifestyles of famous people and want to live like them. These factors are thus expected to fuel the expansion of the rhytidectomy market in the coming years.
Inhibitory Market Factors
Occurrence of serious complications after surgery
There are possible complications from a facelift surgery. Although uncommon, long-term or permanent problems can change a person’s appearance. The most common consequence of a facelift is a hematoma, or collection of blood under the skin. Swelling and pressure are symptoms of a hematoma. During a day of surgery, it is usually formed. The incision scars of a facelift are irreversible. However, the hairline and normal contours of the face and ear usually hide them. As a result, the incisions may occasionally leave raised scars. Scars may look better after receiving doses of corticosteroid medicine or after other procedures.
Type Outlook
Based on type, the rhytidectomy market is categorized into full facelift and mini facelift. The mini-lift segment saw significant growth in the rhytidectomy market in 2021. The neck and lower face are lifted during mini-lift procedures. Compared to other facelift procedures, it is less time-consuming and invasive. As a result, doctors often advise mini-facelifts when a patient is younger and shows only mild signs of facial sagging. Process efficiency, quick turnaround time and cost efficiency are credited for the division’s expansion.
Age group perspectives
On the basis of age group, the rhytidectomy market is segmented into 30 – 39 years, 40 – 54 years, 55 – 69 years and 70 years and above. The 55 – 69 years segment accounted for the largest revenue share in the rhytidectomy market in 2021. Since facial aging is more prevalent in this age group, the 55 to 69 years segment undergoes more facelift surgeries. Increasing spending power and growing desire to look young is credited with driving this market. According to the 2020 Plastic Surgery Statistical Report, facelift procedures accounted for 234,374 procedures, 149,970 of which were performed on elderly patients between the ages of 55 and 69.
Perspectives on Gender
On the basis of gender, the rhytidectomy market is segmented into men and women. The female segment accounted for the maximum revenue share in the rhytidectomy market in 2021. This is explained by the increasing understanding of the benefits of rhytidectomy among the female population. As reported by the International Society of Aesthetic Plastic Surgery, a total of two hundred sixteen thousand three hundred and fifty female facelift procedures were performed. The demand for facelift procedures in this market has also increased due to the increasing per capita income of female populations and the increasing desire to look beautiful.
End use of Outlook
On the basis of end use, the rhytidectomy market is segmented into hospitals, clinics, and others. The clinic segment gained a significant revenue share in the rhytidectomy market in 2021. According to the Plastic Surgery Statistics Report, approximately 5,846,488 surgeries were performed in clinics in 2020. Many people prefer specialty clinics as they can usually perform many surgeries. interventions in one sitting. In addition, with the development of technology, most clinics now offer the same level of comfort before and after procedures. All these factors are driving the growth of the segment.
Regional perspective
In terms of region, the rhytidectomy market is analyzed across North America, Europe, Asia Pacific and LAMEA. The North America region recorded the largest revenue share in the rhytidectomy market in 2021. Owing to the region’s technologically superior infrastructure, increased per capita expenditure, and widespread use of facelift procedures across age groups, the market is growing. Also, clearly defined compensation regulations are accelerating the industrial development of this region. High levels of patient awareness, increased desire for less invasive procedures, and upgraded healthcare infrastructure for facial procedures are other factors accelerating growth for the regional industry.
The market research report covers the analysis of key market players. Key companies mentioned in the report include London Bridge Plastic Surgery, Piedmont Plastic Surgery & Dermatology, Plastic Surgery Center, USA Health, ASET Hospital, Enhance Medical Group and BSR ENT Hospital.
Field of Study
Market sectors covered in the Report:
By Age Group
• 55-69 Years
• 40-54 Years
• 30-39 Years Old
• 70 and over
By type
• Full facelift
• Mini facelift
By Gender
• Female
• Male
By End Use
• Hospitals
• Clinics
• Others
By Geography
• North America
the USA
o Canada
o Mexico
o Rest of North America
• Europe
or Germany
the UK
or France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia-Pacific
• LAMEA
or Brazil
o Argentina
the UAE
o Saudi Arabia
o South Africa
o Nigeria
o Balance of LAMEA
Company Profiles
• London Bridge Plastic Surgery
• Piedmont Plastic Surgery & Dermatology
• The Plastic Surgery Center
• US Health
• ASET Hospital
• Strengthening of the Medical Group
• BSR ENT Hospital
Unique Offers
• Comprehensive coverage
• Larger number of market tables and figures
• Subscription model available
• Best price guaranteed
• Assured after sales survey support with 10% free customization
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