Stratagem Market Insights recently published a report on Breast Implants Market 2021 which is projected revenue to Be Around US$ 396.5 Million With a Healthy CAGR of 7.9% by 2028
Breast implants have been the most popular plastic surgery procedures for many years now. Women have long been turning to breast implants for a variety of different reasons. Some women simply want larger and fuller breasts, while others have issues with their natural breast size, shape and firmness. There are a variety of different materials that can be used to create breast implants, all designed to target a specific area of concern with women. One of the more common materials that is used for the filling of breast implants is silicone.
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Market Dynamics:
Increasing prevalence of breast cancer is expected to propel growth of the global breast implants market over the forecast period. For instance, according to Breastcancer.org, in 2019, an estimated 268,600 new cases of invasive breast cancer were expected to be diagnosed in women in the U.S. along with 62,930 new cases of non-invasive (in situ) breast cancer.
Focus on improving diagnostic surveillance of breast implant patients is expected to offer lucrative growth opportunities for players in the global breast implants market. For instance, in April 2021, Sientra, Inc. partnered with Butterfly Network, Inc., a provider of point-of-care ultrasound technology, to improve diagnostic surveillance of breast implant patients.
Complications related to implants are expected to limit growth of the global breast implants market. For instance, in March 2021, The U.S. Food and Drug Administration stated that certain acellular dermal matrix products used in implant-based breast reconstruction may have a higher chance for complications or problems.
Key Takeaways:
- Development of innovative breast implant technology is expected to propel growth of the global breast implants market over the forecast period. For instance, in November 2019, Evonik, a developer of biomaterials for implantable medical devices, partnered with BellaSeno GmbH, a developer of 3D printed absorbable scaffolds, for the use of a RESOMER bioresorbable polymer for an innovative breast implant technology.
- Major players operating in the global breast implants market are focused on adopting M&A strategies to expand their product portfolio. For instance, in November 2019, Sientra, Inc., a medical aesthetics company, acquired FDA-approved silicone breast implant manufacturing operation in Franklin, Wisconsin, from Lubrizol Life Science, a pharmaceutical contract development and drug product manufacturing organization.
Competitive Assessment:
Major players operating in the global breast implants market include, Allergan plc, Mentor Worldwide (Johnson & Johnson), GC Aesthetics, Establishment Labs, Sientra, POLYTECH Health & Aesthetics, Laboratoires Arion, Groupe Sebbin, Hans Biomed, and Guangzhou Wanhe Plastic Materials.
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Breast Implants Market Segmentation:
By Product Type, the market is primarily segmented into:
- Silicone Breast Implants
- Saline Breast Implants
By Applications, the market is segmented into:
- Cosmetic Surgery
- Reconstructive Surgery
The data and the information regarding the Connected Automotive market report are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Geographic Segment Covered in the Report:
The Connected Automotive market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this section of this report also contains information on profit opportunities. This section of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France, and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Breast Implants Market Scope:
•=> Base Year:- 2020
•=> Market Size in 2021:- US$ XX Mn/Bn
•=> Historical Data:- 2017 to 2020
•=> Forecast Period:- 2021 to 2028
•=> Forecast Period 2021 to 2028 CAGR:- XX%
•=> 2028 Value Projection:- US$ XX Mn/Bn
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Key Questions Answered by the Report:
- What is the estimated market size for the year 2021?
- What will be market growth till 2028, and what will be the resultant market size over the next Eight Years?
- What is the Impact of Covid-19 on the market growth? How is Industry mitigating the associated risk, and overcoming the associated challenge?
- What are key market drivers, restraints, and future opportunities? How are they impacting the market dynamics and subsequent analysis of the associated trends?
- Which segment or region will drive or lead market growth, and Why?
- Who are the entities in the ecosystem of the market? How are they connected? How are they performing?
- A comprehensive mapping of all the market participants, and detailed competitive intelligence on each of them.
- What are the key strategies adopted by market players? An in-depth analysis of these strategies and their impact on competition and revenue growth
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