RHINOPLASTY MARKET ANALYSIS

Market Challenges And Opportunities

Global Rhinoplasty Market- Driver

Product launch by the market players

Market players are launching new products, which is expected to increase the growth of the global rhinoplasty market over the forecast period. For instance, on February 23, 2023, Acclarent, Inc. a part of Johnson and Johnson companies launched RELIEVE SPINPLUS Balloon Sinuplasty Systems. Using endoscopic techniques, the balloon sinuplasty system enables qualified otolaryngologists (surgical subspecialty within medicine that deals with the surgical and medical management of conditions of the head and neck) to dilate obstructed sinus ostia and passageways in patients suffering from sinusitis and difficulties in breathing and it is also used in reshaping the nose.

Global Rhinoplasty Market: Restraint

Risks Associated With Needle-Free Devices

Risks Associated with Needle-Free Devices is expected to hamper the growth of the global rhinoplasty market, over the forecast period. For instance, the U.S. Food and Drug Administration on October 8, 2021, stated that risks like blockage of a blood vessel, lead to tissue death associated with needle-free devices. Also proclaims that do not use needle-free devices for injection of dermal fillers. The FDA is aware that products for use with needle-free devices, as well as lip and face fillers, are sold to the general public directly online, and their use is promoted on social media to increase lip volume, improve the appearance of wrinkles, change the shape of the nose, and other similar procedures.

• Blockages of a blood vessel, leading to tissue death risks associated with needle-free devices