Global Breast Implants Market Research Report 2017–2023
Summary - A new market study, titled “Global Breast Implants Market – Drivers, Restraints, Opportunities, Trends, and Forecasts: 2017–2023 ” has been featured on WiseGuyReports.
Global Breast Implants
Market – Drivers, Restraints, Opportunities, Trends, and Forecasts: 2017–2023
Overview:
Breast implants are artificial prosthesis used
for enhancement of breast muscles for a cosmetic reason. Breast augmentation or
breast reconstruction refers to the aesthetic treatment of the breast to look
more youthful and appealing. There are a wide range of breast implants used in
performing aesthetic procedures including those used to treat deformities,
injuries, or damages.
Breast reconstruction requires tissue expanders, which help in
the expansion of breast muscles and skin, followed by the permanent insertion
of a breast implant after the removal of the tissue expander. These procedures
improve symmetry after mastectomy and have an aesthetic appearance. The US is
the major revenue contributor to this market. However, the lack of
reimbursement issues may restrict the market growth. The vendors in this market
are striving to address the issues by conducting evidence-based studies
regarding the efficacy of breast augmentation or reconstruction.
Market Analysis:
The global breast implants market is expected to witness a CAGR of 5.89% during
the forecast period 2017–2023. The global breast implants market size is
analyzed based on three segments – product type, end-users, and regions.
Factors, such as increase in beauty consciousness, growing awareness about
reconstructive breast surgeries, favorable demographics across the globe,
increasing aging population, are expected to drive the market growth during the
forecast period. The market is witnessing emerging trends, such as an increase
in the demand of composite breast implant treatments, a rise in medical
tourism, and an increase in the disposable income, which will drive the market
at a significant pace during the forecast period.
Regional Analysis:
The regions covered in the report are North America, Europe, Asia Pacific, and
Rest of the World (ROW). The Americas is the leading region for the breast
implants market growth followed by Europe. Asia Pacific and ROW are set to be
the emerging regions. Brazil is the most attractive market in Latin America,
the popularity and the usage of breast implants are expected to rise
significantly in the coming years.
Product Analysis:
Silicone and saline breast implants are the most popular among breast
augmentation and reconstruction procedures and the most common surgical aesthetic
procedures among end-users. Silicone breast implants dominated the market with
a revenue of $1 billion in 2016 and is expected to grow at a CAGR of 6% during
the forecast period. The saline breast implants segment is growing at a slow
rate and is far behind the silicone breast implants segment in terms of market
growth. This is due to their low adoption rate and few other complications. In
2016, there were about 64,674 saline surgical breast implants, and these
implants are more prone to rippling as they have less firmness.
On an average, women have started spending $300-500 billion a year on beauty
products. Moreover, advances in technology, such as use of microspheres in
lightweight breast implants and the use of stem cells, are gaining popularity as
a safe and simple method of breast augmentation. Furthermore, the market is
also witnessing various mergers, acquisitions, and collaborations among the top
players, which is defining the future of the global breast implants market.
The major products in the market include:
• Natrelle INSPIRA
• Natrelle Classic
• Natrelle 410
• Natrelle 133 Tissue Expanders
• MemoryShape Breast Implants
• MemoryGel Breast Implants
• Saline Breast Implants
• SPECTRUM Adjustable Saline Breast Implant
• MENTOR ARTOURA Breast Tissue Expanders
• MENTOR Volume Sizing System
• FlexHD Acellular Hydrated Dermis
• CoGel
• IMPLEO
• IMPLEO Smooth
• GFX gel-filled breast implants
• RGI silicone gel-filled breast implants
• HSC
• HSC +
• ALLOX2
Key Players:
The market is fragmented with many players but dominated by the top 5 players.
Allergan, Mentor Worldwide, GC Aesthetics, and Sientra hold more than 85% of
the market share in the total global breast implants market.
Pure play players:
POLYTECH Health & Aesthetics GmbH, GROUPE SEBBIN SAS, Establishment Labs
S.A., HansBiomed Co. Ltd, CEREPLAS, LABORATOIRES ARION, Ideal Implant,
Guangzhou Wanhe Plastic Materials Co., Ltd., Silimed, G&G Biotechnology
Ltd, Shanghai Kangning Medical Supplies Ltd, and Implantech Associates Inc.
Competitive Analysis:
The global breast implants market is fragmented and has immense growth
opportunities for the vendors, especially in the developed regions. The
presence of large, small, and local vendors in the market creates high
competition. The market is dominated by Allergan, Mentor Worldwide, GC
Aesthetics, and Sientra. These vendors are consolidating their position in the
market by acquiring smaller companies, expanding their business operations by
leveraging their product portfolio across the globe. The competitive
environment in the market will intensify further with an increase in
product/service extensions, product innovations, and M&A. They form
strategic alliances for marketing and manufacturing of breast implants.
Benefits:
The report provides complete details about the usage and adoption rate of
breast implants for breast augmentation or reconstruction. This helps the key
stakeholders to know about the major trends, drivers, investments, vertical
player’s initiatives, and adoption rate in the upcoming years along with the
details of pure play companies entering the market. Moreover, the report
provides details about the major challenges that are going to impact the market
growth. Additionally, the report gives complete details about key business
opportunities to key stakeholders to expand their business, improve their
revenue, and to analyze the market before investing or expanding the business
in this market.
Key Stakeholders:
Title: Global Breast Implants Market Trends 2017-2023
Desc: Silicone breast implants dominated the market with a revenue of $1
billion in 2016 and is expected to grow at a CAGR of 6% till 2023. Click to
learn more on Breast Implants Market Trends.
Keywords: Breast Implants Market, breast implants market size, global breast
implants market trends, Silicone breast implants
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