Asian Breast Implants Market To Witness Robust Expansion Throughout The Forecast Period 2018 - 2026 With Top Players Allergen, Inc., Mentor Worldwide LLC, GC Aesthetics Plc, Johnson & Johnson, POLYTECH Health and Aesthetics GmBH, Groupe Sebbin SAS

Breast implants are prosthesis intended for modifying or enhancing the size, shape, and contour of breasts. These devices are majorly used in reconstructive plastic surgery or cosmetic surgical procedures to restore the natural appearance of breasts, usually after mastectomy or breast cancer treatment that leads to congenital defects and deformities in the breasts. Breasts implants are implanted using a procedure called as breast augmentation. Furthermore, reconstructive breast surgery may be performed as a part of treatment for breast cancer. Cosmetic breast surgery is done for aesthetic purposes. Breast augmentation is normally cosmetic surgery. The Asian Breast Implants market size is estimated to be valued at US$ 140.93 Mn in 2017 and is expected to witness a robust CAGR of 7.0% during the forecast period (2018 - 2026).

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Market Dynamics

The Asian breast implants market is projected to witness significant growth over the forecast period, owing to new product launches. For instance, in June 2015, Allergan’s Natrelle Inspira Round Gel-Filled textured breast implants received the U.S. FDA approval, which is designed to be used for breast augmentation, reconstruction, and revision surgery. This round, gel-filled implant has higher fill ratio, which provides women an additional breast shaping option during their surgery procedure.

Furthermore, government of various economies are focusing on investing in prevention and early intervention of breast cancer to reduce psychological and physical impact of breast cancer on patients and their families. Moreover, national healthcare departments are involved in continuous development in cancer research and treatment.

Initiatives for assurance of product safety as well as launch of new devices to drive the Asian breast implants market growth

Rapid product developments by manufacturers and their increasing number of approvals by the U.S. FDA are the factors augmenting the growth of the Asian breast implants market. For instance, in June 2017, G&G Biotechnology introduced innovative B-Lite lightweight breast implants. These implants are the first and only lightweight breast implants.

Advancements in technology and improvements in designs, materials, construction, and fill volumes are expected to accelerate the market growth. For instance, in April 2017, Mentor Worldwide LLC received an FDA approval for MemoryGel XTRA silicone gel-filled breast implant that will act as a first tissue breast expander with Dynamic Control Technology to provide precise and controlled expansion. These advancement in technology are expected to provide lucrative opportunity for growth of market in Asia Pacific region.

Competitive Landscape

Key players operating in the market include Allergen, Inc., Mentor Worldwide LLC, GC Aesthetics Plc, Johnson & Johnson, POLYTECH Health and Aesthetics GmBH, Groupe Sebbin SAS, Arion Laboratories, HansBiomed Co.Ltd. and GG Biotechnology Ltd.

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Increasing prevalence and supportive initiatives by various organizations also aids in growth of the Asian breast Implants market

According to the International Society of Aesthetic Plastic Surgery (ISAPS): 2015 data findings, South Korea and India registered 1,156,234 and 935,487 total cosmetic procedures in 2015, respectively. This statistics states that South Korea ranked third and India ranked fourth among the top ten total cosmetic procedures performed in countries, worldwide in 2015.

Furthermore, different combination of procedures such as reconstruction and cosmetics provided by the surgeons are expected to aid in growth of the market. For instance, breast lift and breast augmentation are two different procedures, which can be combined. Furthermore, silicone gel implant along with fat transfer is also now provided in various hospitals. Such development of new combination treatment is propelling demand for breast implants, which is expected to support growth of emerging economies in Asia.

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