Latest Research Report Breast Implant Market Status & Outlook| 2019 to 2024

A breast implant is a procedure used to change the size, shape, and curve of a woman’s breast. In reconstructive plastic surgery, breast implants can be placed to restore a natural-looking breast embankment for post–mastectomy breast reconstruction patients or to correct ingrained defects and impairment of the chest wall. They are also used cosmetically to enhance or enlarge the appearance of the breast through breast augmentation surgery.

Breast Implant Market Outlook:
With growing demand for cosmetic surgeries, breast implant market is being grown significantly. Also, women with the high preference for enhancing their charming appeal contribute largely to the revenue of breast implantation market. Growing trend of breast augmentation to maintain body proportion and restores breast volume will encourage business growth. Events such as late natural menopause or not bearing children increase the risk of acquiring cancer due to increased exposure to estrogen and progesterone. Growing awareness pertaining to availability of restoration option have resulted in greater number of women opting for reconstruction procedures. Technological advances and improvements in design and construction will increase the development of innovative devices which cause less rippling or wrinkling.

High operational costs with additional expenses of medical tests, post-surgery clothes and medications may stand as a barrier for the growth of this industry. Sometimes re-surgery is required for correcting appearance which further increases patient expenditure. Risk of post-procedural complications may hamper industry expansion.

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Breast Implant Market Segmental Overview:

Breast implants can be segmented on the basis of product, shape, applications, end user and geography.

Breast Implant Market by Product:
Based on the product, this market is further divided into a silicone implant and saline implant. Silicone implants held the largest market due to the fact that these devices tend to be like a natural breast tissue. They are projected to be in demand owing to their soft texture. The ability of the device to replicate the feel of natural breast and lighter weight are the features which increase its popularity. Also, reduction in visible wrinkling or rippling will also fuel segment growth.

Breast Implant Market by Shape:
By shape, the breast implants market is segmented into round and anatomical. Round-shaped implants contributed to the largest revenue share in 2016 owing to its round shape and ideal for breast augmentation. Round-shaped implants are symmetrical and eliminate any problem arising at the time of implant rotation. Hence, surgeons also prefer round implants over anatomical implants.

Furthermore, anatomical-shaped devices are expected to record significant growth over the forecast period due to its natural shape. However, anatomical-shaped products have certain limitations. Because of its natural shape, it requires skilled surgeons during implantation, failure of which might lead to a risk of flipping. They tend to change the shape of the entire organ, during any shift or rotation of the implant. This may result in an additional surgery for correction.

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Breast Implant Market by Application:
Based on application, the market can be categorized into breast augmentation and breast reconstruction. Breast augmentation procedures are lined up to witness a significant growth due to the increasing number of women opting for it. Short procedural duration and fewer complications accelerate the demand for this medical intervention. Reconstruction surgery is anticipated to gain significant growth over the forecast period. It usually deals with the defects and deformities of the patient’s chest wall, post mastectomy procedure. This helps in restoring the natural look and enhance their aesthetic appeal.

Breast Implant Market by End User:
End users of this market include hospitals, clinics, and others. Clinics as end users have an important market share due to a large number of surgeries performed in clinical settings. Increasing clinics, availability of skilled medical practitioners and advanced equipment should propel segment growth over the forecast years.

Breast Implant Market by Geography:
By geography, this market covers North America, Europe, APAC, Latin America and the Middle East and Africa. North America dominated the breast implants market owing to the rising healthcare spending in the U.S. Also, the rising prevalence of breast cancer in this region is also expected to support the growth of the market. Europe also contributes a significant share due to high awareness levels regarding cosmetic surgeries. Rapidly improving healthcare infrastructure along with the rising number of plastic surgeons should serve as high impact rendering factors.

Breast Implant Market Key Players:
The key competitors of this market include Allergan (Actavis), Sientra Inc., Mentor Worldwide LLC (Johnson & Johnson), Laboratoires Arion, GC Aesthetics, POLYTECH Health and Aesthetics GmbH, Hansbiomed Co. Ltd., Establishment Labs S.A., CEREPLAS, Ideal Implant Inc., Silimed, Guangzhou Wanhe Plastic Materials Co. Ltd., Shanghai Kangning Medical Device Co. Ltd., Groupe Sebbin SAS etc.

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Key Questions Answered in Report:

•What is the future scope of global breast implant market up to 2024
•What are the challenges to market growth?
•Who are the key vendors in the global breast implant market?
•What will the market size and the growth rate be in 2024?
•What are the key market trends impacting the growth of the global breast implant market?

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This release was published on openPR.