Breast Reconstruction Market To Reach $1,018.6 Million in 2030

The breast reconstruction market was valued at $584.7 million in 2021, and it is likely to progress at a 6.4% CAGR during 2021-2030, to reach $1,018.6 million. In the European market, Germany held the largest share in 2021, and it is likely to advance at a 6.6% growth rate. The main factors responsible for the market development include the growing consciousness about the breast reconstruction process, technical progression, and increasing occurrence of breast cancer.

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Key Findings of Breast Reconstruction Market Report
• The demand for breast implants accounted for the largest share in the breast reconstruction market in 2021, and it is forecast to rise at a 6.6% CAGR in the years to come. Due to the short surgical period and deficiency of donor sites, patients generally favor implants for the breast reconstruction procedure.

• Many women select reconstruction procedures to reinstate their breasts' shape. This is generally due to the rise in the incidence of breast operations and the occurrence of breast cancer in emerging economies.
• Breast malignancy is the most-frequent cancer among women, accounting for around 12% of all new cancer cases globally in 2021. Hence, the snowballing occurrence of breast cancer, together with the rising popularity of the reconstruction of the breasts, is likely to enhance the growth prospects for the market.

• North America is predicted to be the market leader throughout this decade, with approximately 55% revenue share in 2030. The rise in the occurrence of breast cancer, surge in the need for breast augmentation procedures, and established healthcare ecosystem are some key factors responsible for the major share.

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The U.K. holds the second-largest share in the European breast reconstruction market. Surgery for breast enlargement is widely popular in the nation, as promising administrative policies in the country are increasing the awareness about breast cancer. Moreover, people here enjoy a high disposable income, which allows them to go for such cosmetic surgeries.

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