Tissue Expanders Market by Region - North America, Latin America, Europe, Japan, APEJ, MEA; Product Type - Round Tissue Expanders, Rectangular Tissue Expanders, Crescent Tissue Expanders, Anatomical Tissue Expanders, Other Tissue Expanders; End User - Hos
According to Fact.MR, the global tissue expanders market is expected to represent a value of over US$ 800 Mn by the end of 2026.
Reconstruction Surgeries to Boost Demand
Prevalence of breast cancer has led to increasing demand for treatment such as mastectomy and lumpectomy. According to American Society of Plastic Surgeons (ASPS), nearly 17.1 million minimally-invasive and surgical cosmetic procedures were conducted in the U.S. in 2016. Moreover, a recent report by CDC states that breast cancer is the most common type of cancer in women and the most common cause of death as well. Treatment of the breast cancer can lead to breast removal or other injuries on face and neck. Growing need for breast construction will continue to rev up demand for tissue expanders in the global market during the forecast period. Surge in demand for reconstruction of breast and injured forehead, face and neck is expected to contribute towards growth of the tissue expanders market in North America.
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Medical Tourism to Impact Global Market Growth
Medical or health tourism continues to remain a major trend in various countries of Latin America such as Costa Rica, Brazil and Columbia. Breast reconstruction and plastic surgery are among the leading procedures performed in the Latin America region. Attributed to low prices of the treatment and surgeries performed, demand for plastic surgery is expected to increase in the global market during the forecast period.
However, the tissue expanders market is expected to witness an inhibiting growth in Europe. According to British Association of Aesthetic Plastic Surgeons (BAAPS), ‘Global Fragility’ continues to remain a major driver, due to which the number of cosmetic surgeries performed in U.K. is declining significantly. Declining rate of cosmetic surgeries will continue to dip the sales of tissue expanders globally. Such factors are expected to impact growth of the global tissue expanders market negatively during the forecast period.
Hospitals to Represent a Leading Segment
Growing need for breast reconstruction has led to surge in demand for anatomical tissue expanders products globally. On the basis of product type, the anatomical tissue expanders segment is expected to represent a significant revenue growth, accounting for a value of over US$ 100 Mn by the end of 2026. Moreover, the anatomical tissue expander product type segment is expected to register the highest CAGR during the forecast period.
Based on end user, the hospitals segment is expected to generate significant revenues, recording a value of less than US$ 100 Mn by the end of 2017. However, the specialty clinics end user segment is expected to register a robust CAGR through 2026.
By application, the breast reconstruction segment is expected to generate significant revenue growth, accounting for a value of over US$ 150 Mn by the end of 2026. In contrary, the forehead skin and scalp reconstruction application segment is expected to register a healthy CAGR during the forecast period.
Leading market players operating in the global tissue expanders market include PMT Corporation, Sientra Inc., Allergan Plc, Johnson & Johnson, Polytech Health & Aesthetics, Groupe Sebbin, Koken Co. Ltd., AirXpanders Inc., GC Aesthetics and Guangzhou Wanhe Plastic Materials.
Report Analysis at https://www.factmr.com/report/340/tissue-expanders-market
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