Breast Implants Market Overview
Rising demand for aesthetic surgeries, in conjunction with developments in healthcare technologies, is projected to drive market growth over the next couple of years. Also, rising disposable income is poised to open new avenues of growth for the market players. The availability of cost-efficient surgery options and increasing growth of medical tourism are anticipated to propel the expansion of the breast implants market in the upcoming years.
The Global Breast Implant Market is expected to grow at a rapid growth rate over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). Key players are emphasizing on the development of advanced materials that enhance the efficiency of the surgery is likely to boost the revenue growth of the breast implants market in the years to come.
Leading players in the global breast implants market include Guangzhou Wanhe Plastic Materials Co. Ltd., Shanghai Kangning Medical Device Co. Ltd., Ideal Implant Inc., Cereplas, Laboratoires Arion, Hans Biomed Co. Ltd., Groupe Sebbin SAS, Polytech Health and Aesthetics GmbH, Establishment Labs S.A., Mentor Worldwide LLC, GC Aesthetics, Sientra Inc., and Allergan (Actavis). Allergan holds a major share in the global breast implant market and is likely to remain a major revenue generator over the forecast period.
Breast augmentation is a widely used cosmetic surgery method all over the world. The implants are the devices used mainly for enhancements of the aesthetics such as size, shape, and texture of a woman’s breasts. The breast implants market is expected to witness tremendous growth owing to factors such as a rise in frequency of breast cancer cases, increase in focus on physical appearance, increase in a number of options for breast implants. However, factors such as increased risk of complications in the surgical procedure, and the cost of the procedure, social factors hinder the market growth.
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The global breast implants market has been segmented on the basis of product, shape, application, and end user.
On the basis of product, the market has been classified as silicone breast implants, saline breast implants, structured saline breast implants, round breast implants, gummy bear breast implants, smooth breast implants, and textured breast implants.
On the basis of shape, the market has been classified as round and anatomical.
On the basis of application, the market has been classified as breast augmentation and breast reconstruction.
On the basis of end use, the market has been classified as hospitals, clinics, cosmetic centers, ambulatory surgical centers, and others.
The landscape is likely to remain highly competitive over the next couple of years. Market participants are resorting to growth strategies such as mergers & acquisitions, product innovation, research & development, collaborations, partnerships, agreements, etc. Rising investments in the breast implants market are also poised to unleash developmental opportunities for the market players that are expected to lead the expansion of the market in the years to come. Also, an increasing number of clinical trials and government approvals are anticipated to influence the expansion of the breast implants market positively over the forecast period.
In July 2019, Allergan had to recall its BIOCELL line of textured breast implants after links between the implant and a type of cancer were revealed. A class-action lawsuit against Allergan has also been filed with regard to this.
- Advanced Surgical Trainees
- General surgeons with interest in breast surgery and breast radiologist
- Governmental Agency
- Educational Organizations
- Medical Device Manufacturers
- Research Institutes and Academic Centers
- Market Research and Consulting
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The geographical assessment of the global breast implants market encompasses four regions – Europe, Asia Pacific, Americas, and the Middle East & Africa (MEA). North America is expected to hold the most significant share of the global market. Early adoption of advanced medical technologies is expected to drive the growth of the breast implants market in the region over the next few years. Also, the expansion of the healthcare sector is also projected to boost the revenue growth of the market over the next couple of years.
Europe has gained popularity as a destination for aesthetic surgeries. It is anticipated to boost the revenue generation of the breast implants market in the region over the next couple of years. Asia Pacific is likely to witness substantial growth in the upcoming years owing to rapid developments in the healthcare sector.
Chapter 10. Global Breast Implants Market, By Region
10.2.1 North America
10.2.2 South America
10.3.1 Western Europe
10.3.1.6 Rest Of Western Europe
10.3.2 Eastern Europe
10.4.5 South Korea
10.4.6 Rest Of Asia-Pacific
10.5 Middle East & Africa
10.5.1 Middle East
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LIST OF TABLES
Table 1 Global Breast Implants Market Synopsis, 2018–2023
Table 2 Global Breast Implants Market Estimates And Forecast, 2018–2023 (USD Million)
Table 3 Global Breast Implants Market, By Region, 2018–2023 (USD Million)
Table 4 Global Breast Implants Market, By Product, 2018–2023 (USD Million)
Table 5 Global Breast Implants, By Shape, 2018–2023 (USD Million)
Table 6 Global Breast Implants, By Application, 2018–2023 (USD Million)
Table 7 Global Breast Implants Market, By End-User, 2018–2023 (USD Million)
…To be Continued.
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