Research Nester published a report titled “Breast Implants Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers a detailed overview of the global breast implant marketin terms of market segmentation by product, shape, procedure, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, and supply and demand risk, along with a detailed discussion of current and future market trends that are associated with the growth of the market.
The global breast implant market is projected to grow at a CAGR of ~8% by attaining remarkable revenue during the forecast period, i.e., 2023 – 2033. Increasing cases of breast cancer are anticipated to propel the growth of the market during the forecast period. World Health Organization (WHO) stated that in 2020 nearly 685,000 women died due to breast cancer while 2.3 million women were diagnosed with breast cancer. Additionally, a higher prevalence of cosmetic surgeries is further estimated to propel the market growth over the forecast period. As of 2019, about 12 million cosmetics surgeries were performed across the globe.
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Additionally, by product,the global breast implant market is segmented intosaline, silicon, smooth, implant, and tissues expanders. Out of these sub-segments, the siliconsegment is estimated to obtain thelargest share in the market during the forecast period. The growth of the segment can be accounted to the growing utilization of silicon to make breast implants. In 2018, around 85% of breast implants paced were made of silicon.
Furthermore, the global breast implant market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Out of these regions, the market inthe North Americaregion is estimated to grow at a rapidpace over the forecast period on the back of growing inclination toward physical appearance and rising demand for breast implants. It is estimated that in 2018, about 280,00 breast augmentations took place in the United States.
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The research is global in nature and covers a detailed analysis of the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook, etc. have also been covered and displayed in the research report.
Increasing Demand for Breast Augmentation to Foster the Growth of the Market
It is observed that about 10 million breast augmentation procedures are performed in 2018.
Breast augmentation is the surgery to increase the size of the breast by placing breast implants. These implants are made of silicon and placed under the breast tissues and chest muscles. It is beneficial to gain confidence in women by rebuilding the shape of breasts in the desired way. Therefore, such factors are anticipated to propel the growth of the market during the forecast period.
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However, expensive procedures to get breast implantsand a lack of specialty clinics and medical professionals is expected to operate as a key restraint to the growth of the globalbreast implant market over the forecast period.
This report also provides the existing competitive scenario of some of the key players in the global breast implant market which includes company profiling ofLaboratories Arion, Sientra, Inc., Establishment Labs S.A., GC Aesthetics. Pushpanjalimedi India Private Limited, POLYTECH Health & Aesthetics GmbH, Medical Device Business Services, Inc., AbbVie, Inc., Mentor Worldwide LLC, and Hans Biomed Co., Ltd.The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global breast implant market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching for possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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