Press release
The Asian Breast Implants Market to grow on the back of on-demand healthcare, witnessing a CAGR of 7.1%
Breast augmentation is a common cosmetic surgery procedure that has gained popularity in the recent years. The procedure involves the insertion of breast implants to enhance the size, shape, and symmetry of the breasts. The market for breast implants has been growing steadily in the Asian region in recent years due to the increase in awareness and acceptance of cosmetic surgeries.Market Overview:
Cosmetic surgery segment is expected to account for more than 75% revenue share of the Asian breast implants market by 2017 end and is expected to gain more than 150 BPS in its market share over the forecast period. The cosmetic surgery segment is slated to register a CAGR of 7.4% while the reconstructive surgery segment is expected to grow at a CAGR of 6.3% over the projected period.
The reconstructive surgery segment is estimated to lose more than 150 BPS in its market share over the forecast period and reach a market valuation of more than US$ 60 Mn by 2025.
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Company Profiles:
Allergan, Plc (Actavis Plc)
Mentor Worldwide LLC. (Johnson & Johnson Services, Inc.)
GC Aesthetics plc
Sientra, Inc
Groupe Sebbin SAS
Polytech Health & Aesthetics GmbH (Deutsche Beteiligungs AG)
Establishment Labs S.A.
HansBiomed Co., Ltd
CEREPLAS
DPS TECHNOLOGY DEVELOPMENT LIMITED
Drivers and Restraints:
One of the major drivers for the growth of the Asian breast implants market is the increase in awareness about cosmetic surgeries among women. There has been a rise in the number of women seeking breast augmentation procedures to enhance their appearance, boost self-confidence and improve their body image. Additionally, the availability of advanced and innovative breast implant technologies has also fueled the growth of this market.
The high cost associated with breast implant procedures is a major restraint for the growth of the Asian breast implants market. Additionally, there are concerns about the safety and risks associated with the procedure, which may deter some women from undergoing breast implant surgeries. There is also a growing trend towards natural beauty and body positivity, which may impact the demand for breast implant surgeries in the future.
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Market Segmentation
By Country
China
Malaysia
Indonesia
Thailand
Singapore
Vietnam
Rest of Asia
By Product Type
Silicone Breast Implants
Saline Breast Implants
By Shape
Round Breast Implants
Anatomical Breast Implants
By Application
Cosmetic Surgery
Reconstructive Surgery
By End User
Hospitals
Cosmetology Clinics
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