CMI published a business research report on “Breast Implants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021–2027”. Breast Implants with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
Breast Implants Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Breast Implants Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
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Overview
Breast implants are medical equipment that are used to increase the size of the breasts for aesthetic or reconstructive reasons. The most popular type of breast implant is the round one. Round breast implants have a potential to seem larger, and since they are the same size all around, there is less risk about spinning them in position.
Statistics
By the end of 2027, the global breast implant market is expected to be worth US$ 1,671.3 million.
Drivers
During the forecast period, the global breast implants market is projected to expand due to the rising occurrence of breast cancer. According to Breastcancer.org, 268,600 new instances of invasive breast cancer and 62,930 new cases of non-invasive (in situ) breast cancer are projected to be identified in women in the U.S. in 2019.
Furthermore, rising use of highly cohesive silicone breast implants is projected to boost market growth. Elevated silicone gel is embossed with an outer membrane in silicone breast implants. These implants are larger and have more cohesive silicone gel, reducing the risk of filler leaking into the body.
Statistics
In terms of value, North America dominated the global breast implants market in 2019, contributing for 35.9 percent of the market, trailed by Latin America and Europe, accordingly.
Restraints
The global breast implants market’s progress is projected to be hampered by the heavy price of breast enhancement. In India, the entire cost of breast augmentation (including implantation and procedure) is around US$ 2,800.
The global breast implants market’s development is also likely to be limited by the high risk of catastrophic consequences. Breast implants are not permanent, and undergoing breast implant surgery has the risk of problems, which might lead to the removal of the implants at some point. Widening of the region around the implant, further operations, and implant removal are all common problems.
Market Taxonomy
According to the type of product: Saline Breast Implants and Silicone Breast Implants.
According to the shape: Anatomical Breast Implants and Round Breast Implants.
According to the application: Reconstructive Surgery and Cosmetic Surgery.
According to the end user: Cosmetology Clinics and Hospitals.
Opportunities
For participants in the global breast implants market, the use of 3D printing molds in the development of prosthetic breasts is projected to provide attractive growth possibilities. MyReflection, situated in New Zealand, creates personalized artificial breasts for cancer patients who have had a mastectomy using 3D scanning and 3D printing molds.
Furthermore, rising breast cancer awareness is projected to help the market expand. In November 2018, the Windsor Regional Hospital in Windsor, Ontario, Canada, hosted a breast reconstruction awareness event with the goal of assisting and educating local women about breast cancer and breast restoration.
Statistics
The global breast implants market was worth US$ 1,201.4 million in 2019 and is expected to grow at a CAGR of 4.2 percent from 2020 to 2027, reaching US$ 1,671.3 million by 2027.
Market Trends
Breast cancer is becoming more common in Asia Pacific, which is driving the market. According to 2018 statistics from the Union Health Ministry of the Government of India, the incidence of breast cancer is 25.8 per 100,000 women, with a death rate of 12.7 per 100,000 women. Furthermore, by 2020, about 17, 97,900 Indian women may be diagnosed with breast cancer.
To increase their product range, major market participants are focusing on product clearance and release. Polytech Health & Aesthetics GmbH got a five-year extension of the CE Mark for Polytech and B-Lite breast implants in November 2018.
Regulations
U.S.
The required post-approval studies for silicone gel-filled breast implants are as follows:
- Core Post-Approval Studies (Core Studies) – To assess long-term clinical performance of breast implants in women that enrolled in studies to support premarket approval applications.
- Large Post-Approval Studies (Large Studies) – To assess long-term outcomes and identify rare adverse events by enrolling more than 40,000 silicone gel-filled breast implant patients and following them for 10-years.
- Device Failure Studies (Failure Studies) – To further characterize the modes and causes of failure of explanted devices over a 10-year period.
- Focus Group Studies – To improve the format and content of the patient labeling.
- Annual Physician Informed Decision Survey (Informed Decision Study) – To monitor the process of how patient labeling is distributed to women considering silicone gel-filled breast implants.
- Adjunct Studies – To provide performance and safety information about silicone gel-filled breast implants provided to U.S. women from 1992-2006, prior to approval, when implants could only be used for reconstruction and replacement of existing implants.
Competitive Landscape
Key companies contributing in the global breast implants market are Establishment Labs S.A., POLYTECH Health and Aesthetics GmBH, GC Aesthetics Plc., Groupe Sebbin SAS, CollPlant Holdings Ltd., Allergen, Inc., PS Technology Development Limited, Mentor Worldwide LLC, Cereplas, GG Biotechnology Ltd., Sientra, Inc., HANSBIOMED Co. Ltd., and LABORATORIES ARION.
Key Developments
The global breast implants market’s major players are focusing on M&A strategies to increase their product offering. In November 2019, Sientra, Inc., a medical aesthetics business, purchased Lubrizol Life Science’s FDA-approved silicone breast implant production facility.
Product recalls were an issue for market participants. Allergan, Inc. recalled Biocell textured breast implants and tissue expanders in July 2019 due to a connection between textured breast implants and anaplastic large-cell lymphoma, a rare kind of cancer.
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Main points in Breast Implants Market Report Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Breast Implants Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Breast Implants Industry Impact
Chapter 2 Breast Implants Competition by Types, Applications, and Top Regions and Countries
2.1 Breast Implants (Volume and Value) by Type
2.3 Breast Implants (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Breast Implants Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Breast Implants Market Analysis
Chapter 6 East Asia Breast Implants Market Analysis
Chapter 7 Europe Breast Implants Market Analysis
Chapter 8 South Asia Breast Implants Market Analysis
Chapter 9 Southeast Asia Breast Implants Market Analysis
Chapter 10 Middle East Breast Implants Market Analysis
Chapter 11 Africa Breast Implants Market Analysis
Chapter 12 Oceania Breast Implants Market Analysis
Chapter 13 South America Breast Implants Market Analysis
Chapter 14 Company Profiles and Key Figures in Breast Implants Business
Chapter 15 Breast Implants Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
continued………….
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