Press release
Breast Implants Market Trend Shows a Rapid Growth Competitive Analysis Future Prospects And Forecast 2027
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.The global breast implants market is a significant market in the developed and developing economies worldwide. The advancement in cosmetic procedures is constantly increasing in recent days due to the advantages of the breast implants such as light weighted, smooth & textured shells, and lower risk of complications. The demand for breast implants is high in cosmetic procedures followed by reconstructive surgery. Additionally, growing advancements in surgical technologies and declining cost of procedures are expected to be a drive the growth of the breast implants market.
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Allergan plc. Mentor Worldwide LLC (J&J), GC Aesthetics, Sientra, Inc., Polytech Health & Aesthetics GmbH, Ideal Implant Incorporated, Silimed, Group Sebbib SAS, Guangzhou Wanhe Plastic Materials Co., Ltd, and HANSBIOMED CO. LTD are among the key players operating in the breast implants market.
Breast implants are used a part of treatment of breast cancer. Rising prevalence of breast cancer in developed as well as developing countries has led to an increase in the demand for breast implants. As per the Breastcancer.org, in 2018, nearly 266,120 new cases of invasive breast cancer are expected to be diagnosed in women along with 63,960 new cases of non-invasive breast cancer in the US. Death rate due to breast cancer among women in the US is high than other types of cancer. In 2018, nearly 40,920 women died in the US due to breast cancer. The number of new cases of breast cancer in men is less compared to women. Beastcancer.org stated that in 2018, around 2,550 new cases of invasive breast cancer were recorded to be diagnosed in men.
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The report segments the global breast implants market as follows:
By Product
• Silicone
• Saline
By Application
• Reconstructive Surgery
• Cosmetic Surgery
By Surface Type
• Smooth
• Textured
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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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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