Breast Implants Market Overview
Breast implants are highly recognized by women to alter and improve their physical appearance. These implants are made from either saline or silica solutions, or silicone gel. The procedure used to implant them or to repair the damage is called breast implantation or breast augmentation. These procedures are performed to restore the breast volume or for aesthetic and cosmetic purposes. The American Society of Plastic Surgeons stated that approximately 106,000 breast reconstruction procedures had been completed in 2015. The global breast implants market is projected to grow at a staggering rate during the forecast period, according to the recent report published by MRFR.
There are various other factors fueling the Global Breast Implants Market through the conjectured period. A vast amount of cases and an increased focus on the enrichment of physical appearances is estimated to drive the global breast implants market during the forecast period.
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However, high surgical costs and the laterally added expenditure from medical tests and medications are some factors hampering the augmentation of the global breast implants market. Moreover, the risk of re-surgery becomes essential to correct the appearance and is also prognosticated to hinder the breast implants market growth during the forecast period.
Breast Implants Market – Key Players
The global breast implants market is largely driven by many notable market players’ actions in the foreseeable future. Some of these key market vendors include,
- Allergan (Actavis)
- GC Aesthetics
- Sientra Inc.
- Mentor Worldwide LLC
- Polytech Health & Aesthetics GmbH
- Establishment Labs S.A.
- Shanghai Kangning Medical Device Co. Ltd.
- GROUPE SEBBIN SAS
- Laboratoires Arion
- Hans Biomed Co. Ltd.
- Shanghai Kangning Medical Supplies Ltd.
- Ideal Implant Inc.
- CEREPLAS
- and Guangzhou Wanhe Plastic Materials Co. Ltd.
Industry Update
May 2019: Lattice Medical is an early-stage startup which is creating 3D printed Breast Implants Market which dissolve into the body after a year, unline silicone. The company also has a method of regrowing natural breast tissue so that patients can ultimately be left with natural breasts after just one operation. These breast implants were originally designed for breast cancer survivors.
Breast Implants Market – Segmentation
Market Research Future (MRFR), in its latest report, has segmented the global breast implants market by shape, application, product, end-user, and region.
Based on product, the breast implants market is segmented into
- Silicone Breast Implants
- Structured Saline Breast Implants
- Saline Breast Implants
- Round Breast Implants
- Smooth Breast Implants
- Gummy Bear Breast Implants
- And Textured Breast Implants.
Based on shape, the global breast implants market is segmented into
- Round
- And Anatomical.
Based on application, the breast implants market is segmented into
- Breast Reconstruction
- And Breast Augmentation.
Based on end-users, the global breast implants market is segmented into cosmetic centers, ambulatory surgical centers, hospitals, and clinics.
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Further, advances in technology and enhancements in the design and construction of breast implants and the emergence of many well-qualified plastic surgeons are other factors promoting growth in the global breast implants market throughout the assessment period.
Breast Implants Market – Detailed Regional Analysis
The global breast implants market is geographically segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas have been further sub-segmented into North America and South America. North America is segmented into the U.S. and Canada. Europe has been further segmented into Western Europe and Eastern Europe. Western Europe has been further sub-segmented into country-specific segments of France, Germany, Italy, Spain, the UK, and the rest of Western Europe. Asia Pacific has been studied for the sub-segments of China, Japan, India, Australia, South Korea, and the rest of Asia Pacific.The Middle East & Africa segment has been further sub-segmented into the regions of the Middle East and Africa.
North America is anticipated to be the frontrunner in the global breast implants market owing to the early adoption of advanced medical technologies in the region. Further, a rise in the awareness, acceptance of many silicone breast implant facilities, rise in growth of the healthcare sector and rising prevalence of breast cancer are also leading the global breast implants market. Europe is likely to claim the second largest market share in the global breast implants market, following North America as it is the most desirable destination for esthetic surgery owing to a higher disposable income and higher levels of maintenance.
Asia Pacific is projected to garner lucrative growth during the forecast period due to the emerging access to optimal treatment facilities in the region and a burgeoning demand for advanced technology, mounting adoption rate, rising levels of disposable incomes and increasing medical tourism. The Middle East & Africa are anticipated to hold the smallest share for global breast implants market owing to an underdeveloped healthcare sector, lack of proper technical knowledge, and inadequate medical facilities.
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