The global breast implants market is expected to exhibit rapid progress over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global breast implants market is mainly driven by the growing demand for breast implants for cosmetic as well as medical purposes.
Market Synopsis
The global breast implant market is majorly driven by the growing demand for breast implants for cosmetic purposes. Many female consumers are becoming aware of breast implants and are increasingly looking to spend their disposable income on cosmetic implants such as breast implants. The increasing disposable income of female consumers in developed economies such as the U.S. and other countries in Western Europe is likely to be a major driver for the global breast implants market over the forecast period. Breast implants have become a valuable tool for women to feel better about themselves, as many women maintain a connection between their self-worth and the size of their breasts. This has resulted in a growing demand for breast implants in recent years, as many women are looking to increase the size of their natural breasts through artificial supplementation.
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The growing prevalence of breast cancer among women in developed Western economies is also likely to be a major driver for the global breast implants market. Breast cancer often results in disfiguration of the breasts, as significant masses may need to be removed due to the growth of tumorous cells. This has led to a growing demand for breast implants, as women are increasingly looking to cover up the damage caused by breast cancer and present a healthy front, which starts with restructuring the breast tissue to maintain an attractive appearance.
The report profiles the global breast implants market in detail by delivering a detailed breakdown of the market’s leading drivers and restraints, as well as key players. Competitive factors affecting the global breast implants market are also assessed in the report, to give readers a clear picture of the market’s competitive landscape. The leading players operating in the global breast implants market are analyzed in the report to enable a clear overview of the market’s competitive landscape for the readers.
Competitive Analysis:
Leading players in the global breast implants market include Allergan (Actavis), GC Aesthetics, Establishment Labs S.A., Groupe Sebbin SAS, Laboratoires Arion, CEREPLAS, Shanghai Kangning Medical Device Co. Ltd., Guangzhou Wanhe Plastic Material Co. Ltd., Ideal Implant Inc., Shanghai Kangning Medical Supplies Co. Ltd., Hans Biomed Co. Ltd., Polytech Health & Aesthetics GmbH, Mentor Worldwide LLC, and Sientra Inc.
In July 2019, a class action lawsuit was filed against Allergan after a link was discovered between Allergan’s breast implant products and the presence of a rare type of cancer linked to breast implants. This led to Allergan recalling its BIOCELL line of textured breast implants.
Market Segmentation:
The global breast implants market is segmented on the basis of end use, application, shape, product type, and region.
By end use, the global breast implant market is segmented into hospitals, clinics, ambulatory surgical centers, cosmetic centers, and others.
By application, the global breast implants market is segmented into breast reconstruction and breast augmentation.
By shape, the market is segmented into anatomical and round.
By product type, the global breast implants market is segmented into textured breast implants, smooth breast implants, gummy bear breast implants, round breast implants, structured saline breast implants, saline breast implants, and silicone breast implants.
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Regional Analysis:
The Americas dominates the global breast implants market, followed by Europe. The widespread awareness about breast implants in these regions has been a major driver for the breast implants market. High disposable income of female consumers in this region is also likely to be a major driver for the breast implant market in the region. Asia Pacific is likely to witness a rapid growth of the breast implants market in the coming years, as new facilities are established, and new infrastructure supply lines are developed.
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