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Breast Implants Market Top Companies - CEREPLAS, Ideal Implant Inc., Silimed, Guangzhou Wanhe Plastic Materials Co. Ltd., Shanghai Kangning Medical Device Co. Ltd., Groupe Sebbin SAS

05-11-2020 10:18 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Breast Implants Market

Breast Implants Market

Breast Implants Market will exceed USD 4.6 billion by 2025; as per a new research report.
Growing number of breast augmentation procedures will drive breast implants market growth over the forecast period. According to American Society of Plastic Surgeons, breast augmentation procedures in the U.S. rose by approximately 37% between 2000 and 2016. Ability of breast augmentation procedure to increase breast fullness & projection, improve balance of breast & hip contours as well as boost self-image & self-confidence will augment breast implants industry expansion in the foreseeable future.

Technological advancements in breast implants will boost its adoption rate, thus augmenting breast implants market growth. Over the course of time both saline and silicone breast implants have undergone developments regarding their design and manufacture. Advanced implant technology and design permits plastic surgeons to customize breast augmentation and reconstruction as per the requirement of each patient, that will thereby increase customer preference over the forecast period.

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Complications occurring post breast implant procedures such as swellings and leakage may intervene in breast implants market growth.

Saline breast implants market was valued over USD 118.0 million in the year 2018 and is estimated to grow at a substantial rate in the forthcoming years. High flexibility with respect to size, cost-effectiveness and durability will offer significant segment growth opportunity over the coming years. Better safety related to saline breast implants will additionally drive product demand in upcoming years.

Round breast implants market accounted for over 86% revenue share in 2018. Traditional breast implant design and its ability to create round, soft and properly proportioned breasts will drive segment growth over the forecast period. Furthermore, broad range of round breast implants coupled with more fluidity will garner high round breast implants segmental share in the forthcoming period.

Breast augmentation market was valued at over USD 1.9 billion in 2018. This procedure is able of restoring breast volume lost after weight reduction or pregnancy and also aids in attaining more rounded breasts with improved symmetry. Increasing number of women opting for breast augmentation procedures will drive segment growth over the coming years.

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Textured breast implants market will witness considerable growth at 10.6% CAGR over the forecast timeframe. Numerous surgeons use textured breast implants owing to larger customer demand for stiffer and naturally shaped breasts. For instance, based on Virtual Medical Centre, about 90% of breast implants in Australia are textured. Hence, increasing demand for textured implants will impel textured breast implants industry growth in the foreseeable years.

Hospitals segment accounted for highest segmental size of USD 891.4 million in 2018. High growth can be attributed to presence of high-end infrastructure, latest technology, skilled resources coupled with multi-specialty facilities. Such infrastructure aids in better patient care and safety that should increase the patient preference for breast implant procedures at hospitals.

Brazil breast implants market dominated the Latin America region and was valued over USD 307.0 million in 2018. Growing beauty industry coupled with increasing demand for medical tourism due to cheaper cosmetic procedures will stimulate Brazil breast implants market growth. Increasing pressure to conform to popular perceptions of beauty and youth is leading to increasing number of women opting for augmentation procedures that will drive Brazil breast implants business growth during the forecast period.

India breast implants market is estimated to grow at 15.1% CAGR during the projection period. Growing economy and disposable income is set to drive India breast implants market growth over the forecast period. Disposable income of people in the age group of 35 to 45 years is significantly increasing. Rising awareness among women about breast implants and desire to look better will serve as a high impacting factor for breast augmentation procedures, thereby boosting India breast implants market growth in the country.

Prominent industry players include GC Aesthetics, Sientra, Allergan, Mentor, Arion Laboratoires, Ideal Implant, Groupe Sebbin, Cereplas, Establishment Labs and HansBiomed. The industry players resort to strategic initiatives such as agreements, acquisition and strong emphasis on product development and innovation in order to broaden their product portfolio and strengthen industry presence. For instance, in June 2016, Establishment Labs entered into a ten year distribution agreement with Human Wellness Corporation to market its Motiva Implants.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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