Rising desire to look attractive and fit among women augments demand for breast implants procedures. As per the report, the global “Breast Implants Market Industry“ was worth US$ USD 2.6 Billion in 2018 and is anticipated to reach USD 4.3 Billion by 2026. The market is likely to expand a CAGR of 6.7% between 2018 and 2026. As per a study by the International Society of Aesthetic Plastic Surgery, breast augmentation surgery with the help of implantation rose to 13% across the world between 2016 and 2027. Breast augmentation, also referred to as mammoplasty or breast enlargement, helps to increase the size of breasts by using fat transfer or breast implant. Favorable healthcare reimbursement policies for women undergoing breast implant surgery is expanding the market’s growth.
Technological advancements have revolutionized the breast implants market. Advancements in gummy bear breast implants and emergence of a minimally-invasive under-the-muscle breast enlargement are likely to fuel demand for breast implants.
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Fortune Business Insights in a new report, titled “Breast Implants Market Size, Share & Industry Analysis, By Product (Breast Implants, Tissue Expanders), By Material (Silicone, Saline), By Procedure (Breast Augmentation, Breast Reconstruction), By End User (Hospitals, Specialty Clinics) and Regional Forecast, 2019-2026” provides a comprehensive research study on the global market. The report offers valuable insights into the growth trends and market size during the forecast period. Key aspects such as market drivers, restraints, and opportunities have been evaluated in this report. Competitive landscape of key players along with their growth strategies are discussed to help our readers get a clear picture of the market. The report enumerates details on different segments, in conjunction with their current and future projections.
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
An Overview of the Impact of COVID-19 on this Market :
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Global Breast Implants Market Segmentation :
- Breast Implants
- Tissue Expanders
- Breast Augmentation
- Breast Reconstruction
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
With USD 1.0 Billion in 2018, Women in North America to Highly Prefer Breast Implant Products
North America is expected to hold dominance in the global breast implants market through the forecast years. A lead analyst at Fortune Business insights has said, “In 2018, the market was valued at USD 1.0 Billion and is likely to remain dominant due to the presence of several leading players in the region.” Favorable healthcare reimbursement policies aids expansion of the breast implants market growth in North America. As per the American Society for Aesthetic Plastic Surgery, the U.S. registered around 333,392 breast augmentation procedures in 2017. This shows that the demand for breast implants products is likely to increase in the U.S., thereby increasing the breast implants market size in North America. Women believe that breast implantation can boost their self-confidence and improve their body figure.
Other regions such as Europe, Asia Pacific and Latin America are anticipated to register substantial growth during the forecast timeline.
Eve 4.0, By GC Aesthetics to Offer Aid to Patients Across Europe and Brazil
The report profiles some of the leading players highlighting their landscape. These players are mentioned below:
- POLYTECH Health & Aesthetics GmbH
- Mentor Worldwide LLC
- Sientra, Inc.
- GC Aesthetics
- Establishment Labs S.A.
- LABORATOIRES ARION
Of these, companies such as Allergan and Mentor Worldwide LLC are likely to lead the global breast implants market. Robust sale of breast implants in these two companies are likely to foster the breast implants market revenue. This, coupled with strategic collaborations, is another factor for their leading positions in the market. Moreover, Allergan’s acquisition of Keller Medical further strengthened the company’s position. Other companies are also putting efforts to stay ahead of the competition. For instance,
June 2019: GC Aesthetics launched a digital consultation solution (DCS) called Eve 4.0 in June 2019. This solution aims to offer aid to patients undergoing breast augmentation or reconstruction surgery in Brazil and Europe.
May 2019: The American Society for Aesthetic Plastic Surgery joined hands with RealSelf for initiating a clinical study on breast implants.
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Table Of Content :
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Number of Breast Augmentation Surgery – For Key Countries, 2018
- Number of Breast Reconstruction Surgery – For Key Countries, 2018
- Regulatory Scenario – For Key Countries
- New Product Launch
- Overview of Materials and Shape of Breast Implant
- Overview of Medical Tourism for breast augmentation
- Key industry Developments – Mergers, Acquisitions and Partnerships
Secondary Data Sources That We Refer To:
- Annual reports, investor presentation, SEC filings, and press releases of companies operating in the market
- Studies published by relevant associations MedTech Europe; American College of Radiology; Cancer Council Australia; Japan Hospital Association, etc.), government sources (Centers for Disease Control & Prevention, Ministry of Health, Labour & Welfare, Japan; National Health Service, England, etc.), international organizations (World Health Organization, The Organization for Economic Co-operation and Development, Eurostat, etc.), and articles published by Research Gate, NCBI, etc.
- Website, reports, and press releases of end user facilities – Hospitals, Ambulatory Surgery Centres, Clinics
- Industry journals and paid databases
Secondary Research Is Conducted To Derive The Following Information:
- Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies
- Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.
- Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility
- Number of procedures and average price of procedures
- Replacement rate and pricing of capital equipment
- Market dynamics in relation to the market under focus – Drivers, restraints, trends, and opportunities
- Market & technological trends, new product developments, product pipeline.
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