Plastic Surgery Scaffold Market to Experience Significant Growth during the Forecast Period 2018-2028 // key player like - Galatea Surgical, Bio Scaffold International PTE Ltd, Sofregen Medical Inc.
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The increasing effectiveness of properly designed biodegradable scaffolds in facilitating regeneration and repair of stromal tissues has been one of the key growth contributors of growth of plastic surgery scaffold market. Over the past few years, a vast variety of synthetic and semi-synthetic scaffolds have been developed, which has immensely contributed to the rising vigor of plastic surgery scaffold. Moreover, rising demand for dermatological sessions is also one of the predominant factors contributing to growth of plastic surgery scaffold market.
Surging demand for restoration, rebuilding, or adjustment of different structures of human body is one of the key driving forces of plastic surgery scaffold market. With the trend of cosmetic surgery prevailing across the globe, plastic surgery has been in persistent practice for a substantial time period. Rising concerns apropos of looks and appearances are evident as one of the key influencing factors of plastic surgery scaffold market.
Plastic surgery is a surgical process that involves the restoration, rebuilding, or adjustment of the human body. Plastic surgery is in practice all over the world, with cosmetic surgery the biggest part of the market, due to patients’ requests and demands to have due changes in their body. A plastic surgery scaffold is one important product that is used in plastic surgery to support and restore, and uplift and support deficiencies where voids exist, and require addition suitable material to strengthen the target area of application. Plastic surgery scaffolds are used during plastic surgery procedures, including the reinforcement of soft tissue in plastic and reconstructive surgery, and general soft tissue reconstruction. Plastic surgery scaffolds are also meant to clear facial defects that require the addition of support needed for the patient.
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The growing prevalence and recurrence of plastic surgery cases is expected to be a major factor driving the growth of the plastic surgery scaffold market over the forecast period. In 2015, over 4 million procedures of plastic surgery were performed in the U.S. alone; chin implants alone rose by 76%. But when the population is accounted for, South Korea tops the list of plastic surgeries, globally. There are seven times more buttock procedures in Brazil than the top 25 country average. Plastic surgery scaffold product offerings are less in number as a result a lot of sole dependent companies are manufacturing the product and the lack of valuable products available will drive the market to initiate companies to launch products in the market. But going under the knife is always not that easy, and has some risks associated with the procedure, such as hemotoma, nerve damage, infection, scarring, organ damage, and in a few cases, seroma. This factor could easily hamper the market for plastic surgery and the use of plastic surgery scaffolds. Health related complications compel a major part of the population to change their mindset for such product, due to its physical consequences, which is expected to have a major effect on the potential of the plastic surgery scaffold market.
The global market for plastic surgery scaffolds is expected to witness moderate growth over the forecast period. A majority of the growth is related to the rising number of reported procedures observed in plastic surgery. Plastic surgery scaffolds are introduced in the generic market, and thus, there exists high competition among local and regional players. Among the material types, the bioabsorbable segment is expected to lead in the global plastic surgery scaffold market over the forecast period, due to its quality difference over other alternatives. The hospitals segment is expected to contribute a high share in the global plastic surgery scaffold market, as it is the most accessible channel.
Geographically, the global plastic surgery scaffold market is segmented into, viz. North America, Latin America, Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is expected to be a dominant market in the global plastic surgery scaffold market, owing to the high prevalence of plastic surgery cases performed in the region. The plastic surgery scaffold market in Asia Pacific excluding Japan is expected to grow at a significant CAGR, due to the expansion of product offerings by key players. The plastic surgery scaffold market in Europe is expected to have the second-largest share in the global plastic surgery scaffold market throughout the forecast period, due to the quality healthcare facilities and involved manufacturers present in the region.
The global market for plastic surgery scaffolds is highly fragmented. Examples of some of the key players operating in the global plastic surgery scaffold market are Galatea Surgical, Bio Scaffold International PTE Ltd, Sofregen Medical Inc, North American Science Associates, Inc (NAMSA), Osteopore International PTE Ltd, DSM Biomedical, and others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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