“Breast Implants Market: By Product (Silicone implants, Saline implants, Smooth Breast implants, Round implants), Shape (Anatomical, Round), Application (Breast Reconstruction, Breast Augmentation), End-User (Clinics) – Historical Analysis, Emerging Trends, Future Scope and Opportunity From 2020 to 2023”
Breast Implants Market Highlights
The global breast implants market is poised for substantial growth and grow at a steady CAGR over the forecast period of 2018-2023, asserts Market Research Future (MRFR) in a detailed study. Breast implants are popular among women to improve their physical appearance. Breast implants are implanted to restore breast volume and repair damages to the breast for aesthetic purposes. Growing consciousness regarding physical appearance among women is a prime drive behind the growth of the global breast implants market. The rise in disposable income and increasing urbanization across the globe has further raised the demand for breast implants.
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Investment made on R&D activities have resulted in the development of bio-based, lightweight implantable materials which are Advances made in implantation techniques and in materials used for implants have augmented the growth of the market. The growing popularity of fat transfer breast augmentation is a key factor enhancing the growth of the global breast implants market.
Medical devices such as breast implants are subject to regulatory monitoring which might act as an impediment to the growth of the market. The lifespan of breast implants are limited and they can also go through ruptures and other complications might arise from breast implant surgeries. Besides, the high cost of breast implants surgeries and risk of re-surgery are other impediments to the market growth. Recent years have demonstrated a link between breast implants and breast cancer which might undermine the growth of the market over the forecast period.
Segmentation
The global Breast Implants Market has been segmented based on product, shape, application, and end user.
By product, the global breast implant market has been segmented into saline breast implants, smooth breast implants, round breast implants, gummy bear breast implants, structured saline breast implants, textured breast implants, and Silicone breast implants.
By shape, the global breast implants market has been segmented into round and anatomical.
By application, the global breast implants market has been segmented into breast augmentation and breast reconstruction.
By end user, the global breast implants market has been segmented into hospitals, clinics, cosmetic centers, ambulatory surgical centers, and others.
Regional Analysis
North America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA) are the key markets for breast implants.
North America is at the forefront of the global breast implants market. Acceptance of breast implants and high popularity of breast augmentation and breast reconstruction procedures have boosted the growth of the market. Availability of advanced sophisticated breast implant services, greater affordability, and rise in awareness are other factors driving market growth.
Europe being the most preferable destination for aesthetic surgery commands the second position in the global breast implants market. High disposable income and availability of high-end treatments support market growth.
Increasing access to optimal treatment facilities, raising awareness and adoption of breast implants in the APAC region can be credited for the growth of the APAC breast implants market. The rise in disposable income, the growing sophistication of the healthcare sector, and the emergence of medical tourism in the region bode well for the growth of the APAC market.
The MEA market accounts for the least share of the global breast implants market. Low development of the healthcare sector, poor medical facilities, lack of awareness and lack of technical know-how restrict the growth of the market.
Competitive Landscape
Shanghai Kangning Medical Supplies Ltd., CEREPLAS, Ideal Implant Inc., Sientra Inc., Laboratoires Arion, Allergan (Actavis), Guangzhou Wanhe Plastic Materials Co. Ltd., Hans Biomed Co. Ltd., GC Aesthetics, Shanghai Kangning Medical Device Co. Ltd., Establishment Labs S.A., GROUPE SEBBIN SAS, Polytech Health & Aesthetics GmbH, and Mentor Worldwide LLC are the key players in the global breast implants market.
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