Breast Augmentation Market by 2029 with Outlook and Trends with Analysis of Leading Market Players: Allergan plc, Sientra, Inc., POLYTECH Health & Aesthetics GmbH, GC Aesthetics

Breast Augmentation Market

The global breast augmentation market was estimated at USD 1478.3 million in 2019 and is expected to grow at a 7.2% CAGR during the forecast study period.

Breast augmentation is commonly referred to as breast enlargement or mammoplasty. This is a surgical procedure that includes placement of the breast implant under chest muscles. This surgery is performed in hospitals, cosmetology clinics, and surgical centers. On average, breast implants last from 7 to 12 years. This procedure is adopted in most female populations to enhance the size and shape of the breasts. This procedure can be beneficial to patients who lost one or both breasts to cancer or other related chronic condition. Growth in the number of breast augmentation surgeries, increasing awareness about cosmetic surgeries, availability of different types of breast implants, and growing cases of breast cancer. These factors are driving the growth of the market.

Breast augmentation is a common cosmetic surgical procedure to enhance a woman’s breast appearance. This surgery includes the insertion of sacs filled with fluid or gel. These sacs are known as breast implants. This is most commonly adopted by women to the increase size of breasts for cosmetic or reconstruction applications, following mastectomy, or to rectify congenital abnormality. Over the past few years, cosmetic surgeries have been on the rise. According to the American Society of Plastic Surgeons, 313,735 breast augmentation procedures were performed in the U.S. in 2018. The number of these procedures was increased by 4% from 2017.

As per the Plastic Surgery Statistics Report, in the U.S., breast augmentation ranked first as a cosmetic surgical procedure in 2019. Silicone implants were used in 85%, and saline implants in 15% of all breast augmentations in 2019. Socioeconomic status, rise in disposable income per capita, and significant growth in the middle-class population worldwide is creating demand for breast augmentation among women. This is indicative of the growth of the breast augmentation surgery market.

Globally, breast cancer is the most commonly found cancer among women. As per statistics from the Breast Cancer Research Foundation, approximately 2 million new breast cancer cases were diagnosed in 2018 worldwide. It further added that the global cancer incidence rate has increased by 20% since 2008, representing 1 in 4 of all cancers in women. On the other hand, according to breastcancer.org, an estimated 276,480 new cases of invasive breast cancer and 48,530 new cases of non-invasive (in situ) breast cancer are expected to be diagnosed in 2020. In addition to this, every year 55,200 new breast cancer cases are diagnosed in the U.K., which is around 150 every day as reported by Cancer Research U.K. (2015-2017). Moreover, Cancer Australia reported 3,034 deaths from breast cancer in Australia in 2018.

The hospital segment is accounted for the largest share of the global breast augmentation in 2019. This is majorly due to the growing number of hospitals, rise in breast cancer cases, and increasing preference by patients towards hospitals to undergo cosmetic surgeries.

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The Major Prominent Players Covered in this Report:
Allergan plc
Sientra, Inc.
POLYTECH Health & Aesthetics GmbH
GC Aesthetics
Johnson & Johnson
Ideal Implant Incorporated
Sebbin
Establishment Labs S.A. 
Laboratories Arion
HansBiomed
Shanghai Kangning Medical Device Co.

By Product
Silicone Breast Implants
Saline Breast Implants

By Shape
Round
Anatomical

By Application
Reconstructive Surgery
Cosmetic Surgery

End-Use
Hospitals
Cosmetology Clinics
Ambulatory Surgical Centers

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2021 to 2029, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Breast Augmentation Market Trends:
- The report identifies, determines, and forecasts the Global Breast Augmentation Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Breast Augmentation Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Breast Augmentation Market.

Key Questions Answered in The Report:
What will the Breast Augmentation market growth rate?
What are the key factors driving the global Breast Augmentation market?
Who are the key manufacturers in the Breast Augmentation market space?
What are the market opportunities, market risk, and market overview of the Breast Augmentation market?
What are sales, revenue, and price analysis of top manufacturers of the Breast Augmentation market?
Who are the distributors, traders, and dealers of the Breast Augmentation market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Breast Augmentation Industry?
What are sales, revenue, and price analysis by regions of Breast Augmentation industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

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