Press release
Extremity Tissue Expanders Market to Witness a Pronounce Growth By 2028 | Laboratories Arion, Wright Medical Group N.V. Groupe Sebbin SAS, Sientra Inc
The extremity tissue expanders market is highly consolidated market. Around 60% of market share of extremity tissue expanders market is taken by top five players of extremity tissue expanders market. Mentor Worldwide LLC, Allergan PLC, Laboratoires Arion, GC Aesthetics Plc, and Koken Co. Ltd. Are the top five which are dominating the extremity tissue expanders market. This companies are dominating the extremity tissue expanders market due to their focus on strategic expansion through collaboration and agreement with small manufacturer of extremity tissue expanders. Other regional and local manufacturer of extremity tissue expanders market such as Wright Medical Group N.V., Groupe Sebbin SAS, Sientra Inc., Guangzhou Wanhe Plastic Materials Co. Ltd., PMT Corporation, accounted for 40% share of the global extremity tissue expanders market.
Increasing number of plastic surgeries is expected to boost revenue of the extremity tissue expanders market
Cosmetic surgery and minimally invasive procedure’s are taking a new high with rise in cases observed on global level. US, Brazil, Japan, Italy and Mexico are the top countries for cosmetic surgeries accounting for a huge sum of share in the entire extremity tissue expanders market. According to American Society of Plastic Surgery there were 17.5 million surgical and minimally invasive cosmetic procedures performed in the United States in 2017. The inclination towards cosmetic route provides a progressive scope for the extremity tissue expanders market in terms of use, which directly leads to the growth in terms of revenue. The no. of practicing surgeons in reconstructive and cosmetic surgeries is also rising with time which will also boost the revenue growth off the extremity tissue expanders market.
Revenue growth of the extremity tissue expanders market is rising due to increasing incidences of breast cancer
According to U.S. Department of Health and Human Services in 2018, approximately 1,735,350 new cases of cancer are expected to be diagnosed in the U.S., and nearly 609,640 deaths. According to WHO, 9.6 million people died in 2017 due to cancer and this munber is expected to double up by 2050.Breast Cancer is the most common type of cancer observed in women, which requires mastectomy for the removal of cancerous tissues which has ultimately lead to rise in number of extremity tissue expanders procedures. Extremity tissue expanders is the basic model to fill the breast implant and with rise in surgeries for breast cancer it is a market to have parallel growth.
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Manufacturers of extremity tissue expanders are focusing on enhancing their regional presence in emerging markets
Most of the major players of extremity tissue expander are focusing on the emerging markets due to huge growth potential and to increase their distribution channel. Change in disease patterns triggered by lifestyle changes, rising affluence, improved access to healthcare services and rise in demand for quality healthcare make the emerging markets which highly lucrative for the extremity tissue expanders manufacturing companies. However, there are also certain hurdles for the global manufacturers to enter the extremity tissue expanders market due to local competition, stringent regulatory policies and approval process, healthcare infrastructure and affordability. Cancer population represents additional opportunities for extremity tissue expanders manufacturers. In addition, reimbursement schemes in most developed countries is expected to fuel the demand for extremity tissue expanders market.
Competitive Landscape
Competition section of the extremity tissue expanders market features profiles of key players operating in the industry based on their market shares, differential strategies, product offerings, marketing approach. Some of the key players featured in this report include GC Aesthetics Plc., Koken Co. Ltd., Allergan Plc., Mentor Worldwide LLC, Laboratories Arion, Wright Medical Group N.V. Groupe Sebbin SAS, Sientra Inc., Guangzhou Wanhe Plastic Materials Co. Ltd., and Guangzhou Wanhe Plastic Materials Co., Ltd. Tier 1 players of extremity tissue expanders market are estimated to gain majority of share of extremity tissue expanders market tier 2 and tier 3 players of extremity tissue expanders market is expected to gain less revenue share in 2017. Inorganic growth routes followed by product manufacturers of extremity tissue expanders market to boost revenues. Collaborative product manufacturing agreements among manufacturer of extremity tissue expanders market also boosting incremental innovation and thus endpoint efficacy in extremity tissue expanders.
Definition
Breast reconstruction involves three major types, and the most prominent being tissue expansion which requires a long operative procedure. Breast reconstruction involves expansion of the breast skin and muscle using a temporary extremity tissue expander which is later filled with saline water for a period of time. The process takes place after complete or partial mastectomy. The tissue expander comes in various sizes and shape types in order of preference and applicability. The scope includes all of the shape types present globally into round, rectangular, crescent, anatomical and others.
About the Report
FMI conducted a research study on extremity tissue expanders market for the forecast period 2018 to 2028. The extremity tissue expanders market report offers a comprehensive evaluation of the business opportunities prevailing in the extremity tissue expanders market along with insights on procedure number of extremity tissue expanders. The report on extremity tissue expanders also elaborates on the macroeconomic factors influencing the dynamics of extremity tissue expanders market and its futuristic potential.
Segmentation
The report offers a comprehensive taxonomy of extremity tissue expanders market based on product type, shape type, end user and region. Based on product type extremity tissue expanders market is segmented as Breast Reconstruction, Scalp Reconstruction and Oral and Maxillofacial Reconstruction. On the basis of shape type extremity tissue expanders market is segmented as round, rectangular, crescent, and anatomical and others. The global extremity tissue expanders market report also includes the end user segment which covers hospitals, ambulatory surgical centers and cosmetics clinics. The extremity tissue expanders market has been analyzed across regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and MEA.
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Additional Questions Answered
Some of the additional questions addressed in this report on extremity tissue expanders market-
What is the revenue potential of extremity tissue expanders market throughout the globe?
Who are the key competitors of extremity tissue expanders and what are their product portfolio and growth hacking strategy?
What are major factors influencing and hampering the growth of extremity tissue expanders?
Which are the trend followed by the leading manufacturer to retain their market share?
What is adoption rate of extremity tissue expanders procedure in top countries?
Research Methodology
The extremity tissue expanders market has been estimated based on supply-demand approach. The market was first calculated based on procedure volume conducted in different region/countries. The procedure volume was estimated based on the incidence rate of breast cancer in top 20 countries globally. This information is further validated with rigorous primary research (including interviews, surveys, in-person interactions, and viewpoints of seasoned analysts) and secondary research (including verified paid sources, authentic trade journals, and resourceful databases). The research study on extremity tissue expanders market also includes top trends and macro as well as micro economic factors shaping the extremity tissue expanders market. With this approach, the report on extremity tissue expanders market anticipates the industry attractiveness of every major segment in extremity tissue expanders over the forecast period.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
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