Press release
Breast Implants Market Size and Share by Growth Opportunities, Segmentation
The breast implants market was valued at US$1,535.96 million in 2019 and is projected to reach US$2,278.40 million by 2027; it is expected to grow at a CAGR of 5.2% during 2019–2027.North Americaled the market and itis anticipated to be the highest revenue contributor duringthe forecast period. Rising prevalence of the breast implants surgeryis expected to fuelthe growth of the breast implants market in this region.
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GLOBAL BREAST IMPLANTS – MARKET SEGMENTATION
By Product
• Silicon
• Saline
By Application
• Cosmetic Surgery
• Reconstructive Surgery
By Surface Type
• Smooth
• Textured
Strategic Insights
Acquisitionand agreement were observed as the most adopted strategy in global breast implants industry. Few of the recent acquisition and agreement are listed below;
2016: Sientra acquired Specialty Surgical Products, Inc. (SSP), with this acquisition the company will enhance its product portfolio of Dermaspan andAlloX2 lines of breast tissue expanders products.
2016: Sientra signed service agreement with Vesta, a Lubrizol LifeSciences company. Under this agreement Vesta is inaugurating manufacturing unit for Sientra and serve a long-term supply agreement for its PMA-approved breast implants.
2017: Allergan acquired LifeCell Corporation which is a regenerative medicine company. The acquisition will combine regenerative medicines business, LifeCell's novel with the Allergan’s products such as breast implants, tissue expanders, and medical aesthetics.
2017: Allergan acquired Keller Medical, Inc. is a medical device company which develops Keller Funnel. The Keller will combine Keller Funnel with Allergan’s breast implants business.
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ProductInsights
The global breast implants market by silicon was led by productsegment. The other segment, saline considered in the breast implants market expected to grow at the significant rate in the forecast period.
Application Insights
The global breast implants market by cosmetic surgerywas led by application segment. The other, reconstructive surgery segment, considered in the breast implants market expected to grow at the significant rate in the coming years.
Surface Type Insights
The global breast implants market by smooth segment was led by application segment. The other, textured segment, considered in the breast implants market anticipated to grow at the significant rate in the coming years.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.
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