Global breast implants market to value over USD 2.4 Billion by 2029 end and register a CAGR of over 6% from 2019 to 2029. Mounting consciousness about physical appearance as well as technological advancements has helped the global breast implant market to grow. Breast implants are employed to augment the shape and size of breasts.
Breast Implants Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029 Global breast implants market to value over USD 2.4 Billion by 2029 end and register a CAGR of over 6% from 2019 to 2029. Mounting consciousness about physical appearance as well as technological advancements has helped the global breast implant market to grow. Breast implants are employed to augment the shape and size of breasts. Due to soaring innovations, the next-generation of breast implants are highly sought after due to their lightweight nature as compared to the traditional breast implants. Disposable income is a primary factor creating a high demand for breast implants globally. The primary customer base are women belonging to the higher strata. With an increase in the disposable income of women, their purchasing power will rise and aid the expanse of the market. The World Bank estimates that the global annual disposable income per capita for women will increase at a CAGR of approximately 6% in the next few years, propelling the global expansion of the aesthetic market. Increased media exposure and pressure to meet social standards have pushed women to undergo breast implant surgery in order to look appealing and thus increased trade of the global market. The increase in reimbursement rates and the availability of premium products for reconstructive procedures is expected to propel the market growth during the forecast period. Increase in range of product portfolio, the rising incidence of breast cancer is assisting the market’s growth. Due to incidences such as early menarche, late natural menopause or no childbearing, increases the levels of estrogen and progesterone thus increasing the risks of cancer. Increasing awareness about the availability of restoration choices is speculated to stimulate breast implants business growth. However, expensive treatment costs along with other additional medications and complications will limit breast implants industry growth over the forecast period. The risk of infections and re-surgeries in case of error restrain the market’s growth. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=1274&page=requestsample Breast Implant Market: Segmentation By Product Type • Silicone Breast Implants • Saline Breast Implants The silicone breast implants segment is expected to account for a significant share of the market during the forecast period. The growth of the segment is attributed to comparatively fewer complications, increased availability of expanded product line, and premium-priced products. By Shape • Round Breast Implants • Anatomical Breast Implants Round breast implants market held the largest revenue share previously given the availability of these implants in a wide range of diameters which permits greater flexibility. Aforementioned features will drive the demand for round breast implants in the foreseeable future. Anatomical breast implants market will grow at a robust CAGR during the forecast period. These implants are also used for breast lift, restoration of lost breast volume after breastfeeding and balancing asymmetries and the increasing application will spur the product demand, thereby boosting the market growth. By End-User • Hospitals • Cosmetology Clinics Clinics end-user segment is highly valued given the increasing number of plastic surgeons operating coupled with the growing number of private clinics. Clinics conduct breast implant procedures in a shorter duration that should drive the demand for such procedures in these settings. Additionally, the availability of skilled resources and advanced products will increase breast implantation procedures at clinics and thereby impel clinics segment size in the forthcoming period. Hospitals as an end-user segment will witness lucrative growth at robust CAGR over the forecast timeframe. Hospitals are much larger as compared to clinics and ambulatory surgical centres as well as have a well-organized medical, nursing and other healthcare professional staff. Hence, greater safety and care provided in hospitals will further boost the influx of patients for breast implantation procedures in hospitals over the coming years. By Region: • Europe • North America • APAC • Latin America • Rest of World The North America breast implant market is accounted for the major market share due to the growing trend of undergoing breast augmentation procedures for breast enhancement. Rising adoption of innovative products, sophisticated healthcare infrastructure and growing awareness about breast implants should boost U.S. breast implants industry growth over the projected timeframe. The market size in Asia Pacific will witness significant growth at high CAGR due to the presence of strong beach culture and openness regarding plastic surgery. Rapidly improving healthcare infrastructure along with a rising number of plastic surgeons should serve as a high impacting factor for market growth. Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=1274&page=askfordiscount Competitive Landscape: • Tier 1 players- established companies in the market with a major market share • Tier 2 players • Emerging players which are growing rapidly • New Entrants Major firms in the global market are Allergan, Plc, Mentor Worldwide LLC, GC Aesthetics plc, Sientra, Inc., Groupe Sebbin SAS, POLYTECH Health & Aesthetics GmbH, Establishment Labs S.A., CEREPLAS, and Hans Biomed Co. Ltd. FutureWise Takeaways • Growth prospects • SWOT analysis • Key trends • Key data points affecting market growth Objectives of the Study: • To provide an exhaustive analysis on the global breast implant market by product type, by shape, by end-user and by region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East. • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions • Profiling of companies to evaluate their market shares, strategies, financials and core competencies Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
© Copyright 2020 Paperzz