Breast Implants Market was Valued at US$ 5,576.8 Mn in 2018
Global Breast Implants Market was Valued at US$ 5,576.8 Mn in 2018, Growing Prevalence of Breast Cancer
Analyst Speak:
“The Global Breast Implants Market was valued around US$ 5,576.8 Mn in 2018 and growing at a significant CAGR of 12.7% over next seven years 2019-2025 owing to growing prevalence of breast cancer”
The global breast implants market accounted for US$ 5,576.8 Mn in 2018 and burgeoning over the forthcoming years. Factors which are influencing the market growth are increasing occurrence for silicone breast implants among women, growing incidence of breast cancer globally, rising disposable income of people, favorable reimbursement rates for reconstructive procedures and technological advancements. However, high cost of the procedures and rising risk of complexities involved with these implants are hampering the market growth. Moreover, demand for lightweight breast implants, improvements in new combination treatments namely collective procedure would act as major opportunities for the market growth.
Global breast implants market segmented on the basis of product type, treatment type, end user and region.
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Silicone Breast Implants Dominate the Global Breast Implants Market
Based on product type, global breast implants market segmented into textured breast implants, structured saline breast implants, smooth breast implants, silicone breast implants, saline breast implants, round breast implants and gummy bear breast implants. Silicone breast implants segment held considerable market growth during estimated period. Silicone is a polymer that has a wide range of uses in surgical implants. It can be found in liquid, gel, or rubber-like solid forms. Silicone breast implants are made out of a poly (dimethyl siloxane) (“PDMS”) elastomer shell, to which fumed amorphous silica is added. Silicone breast implants have been implanted in women, for both breast augmentation and reconstruction. Breast implants are either saline-filled or silicone gel-filled. Both types of implants have a silicone outer shell.
North America Leads the Global Breast Implants market
PBI’s global breast implants market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America has witnessed considerable growth in this market owing to the increasing trend of breast enhancement among women, presence of highly-equipped and established healthcare infrastructure and the availability of highly skilled professionals. This region is one of the key markets for Breast Implants. Asia Pacific is expected to grow with a steady growth rate due to rising income levels in the developing countries.
Strategic Approvals are the Key Strategies Adopted by Market Players
Global breast implants market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, in 2019, FDA has approved two types of breast implants for sale in the United States such as saline (salt water solution)-filled and silicone gel-filled.
Key player’s profiles in the report are Sientra, Inc. (U.S.), Shanghai Kangning Medical Supplies Ltd. (China), Polytech Health & Aesthetics GmbH (Germany), Laboratoires Arion (France), Johnson & Johnson Services Inc.,(U.S.), Guangzhou Wanhe Plastic Materials Co., Ltd. (China), Groupe Seb (France), GC. Aesthetics (Ireland), Establishment Labs S.A. (Costa Rica) and Allergan (U.S.).
Precision Business Insights (PBI) in its report titled “Global Breast Implants Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
Detailed Segmentation
By Product Type
- Textured breast implants
- Structured saline breast implants
- Smooth breast implants
- Silicone breast implants
- Saline breast implants
- Round breast implants
- Gummy bear breast implants
- Cosmetic Surgery
- Reconstructive surgery
- Cosmetology clinics
- Hospitals
- Ambulatory Surgical Centres
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
By Treatment Type
By End User
By Geography
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
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