Breast Implant Devices Market Insights on Trends, Drivers and Opportunities by 2021 & key players - Mentor Worldwide LLC, Allergan Plc, Sientra Inc., GC Aesthetics plc, POLYTECH Health & Aesthetics GmbH, Groupe Sebbin SAS, CEREPLAS, Establishment Labs S.

Breast Implant Devices Market Overview:
Breast implant devices are medical devices used to increase breast size, either for cosmetic or reconstructive applications, after a mastectomy or to correct a congenital anomaly. Breast enlargement, commonly known as breast augmentation, is a popular surgical procedure that improves the size and shape of the breast. In clinical terms, breast augmentation is called augmentation mammoplasty. According to statistics from the American Society of Plastic Surgeons (ASPS), the average cost of breast augmentation surgery was USD 3,708 Million in 2014. Socioeconomic status is an important factor that creates a great demand for breast implants in the area of breast augmentation. Women in middle and high-income families are the main clients of breast augmentation.

As per the latest reports published by Research Cosmos, Breast Implant Devices Market was valued at USD XX million in 2017 and projected to reach USD XX million by 2021 growing at a CAGR of XX% during 2017 to 2021.

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Drivers and Restraints:
The increase in global disposable income and the growth of reimbursement rates for reconstruction procedures boost the growth of the Breast Implant Devices Market during the forecasted period. In addition, the availability of professionals, an expanded product portfolio and a higher prevalence of breast cancer are factors that are driving the growth of the global market. According to data published by the World Health Organization (WHO) in 2012, 1.7 million women had been diagnosed with breast cancer, which resulted in about 522,000 deaths in the same year. As a result, the increase in the prevalence of breast cancer is an important factor in the growth of breast implant market revenues worldwide. However, the risk of developing serious complications and the lack of skilled nursing homes in developing regions may make it difficult to participate in the market. A lot of documented evidence supporting the possibility of developing breast cancer after receiving breast implants is one of the main reasons that impede the growth of the market. In 2011, the FDA reported a possible association between breast implants and anaplastic large cell lymphoma (ALCL). Anaplastic large cell lymphoma is a rare type of non-Hodgkin's lymphoma (NHL), which is characterized by an abnormal growth of T cells. According to the National Cancer Institute, the disease affects one in 500,000 women around the world. However, in the United States, ALCL affects 3 million women out of every 100 million who have undergone breast implant surgery.

Geographical Segmentation:
Based on geography, the Breast Implant Devices market spans North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to dominate the global breast implant market during the forecast period due to awareness and adoption of various silicone breast implant services, growth in healthcare infrastructure, and increased incidence of breast cancer.

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Key Players of Breast Implant Devices Market
Mentor Worldwide LLC, Allergan, Plc, Sientra, Inc., GC Aesthetics plc, POLYTECH Health & Aesthetics GmbH, Groupe Sebbin SAS, CEREPLAS, Establishment Labs S.A., and HansBiomed Co. Ltd., are the major players of Breast Implant Devices Market.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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