Press release
Cosmetic Implants Market 2024 - Consumption Analysis, Business Overview And Upcoming Trends 2033
Cosmetic Implants Market
The Business Research Company offers in-depth market insights through Cosmetic Implants Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The cosmetic implants market size has grown strongly in recent years. It will grow from $10.43 billion in 2023 to $11.42 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to changing beauty standards, celebrity influence, improved affordability, rise in aging population, expanding consumer awareness..
The cosmetic implants market size is expected to see strong growth in the next few years. It will grow to $15.45 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to emphasis on non-invasive procedures, focus on customization, rising disposable income, globalization of beauty standards, expanding geriatric demographics, social media influence.. Major trends in the forecast period include advancements in bioabsorbable implants, focus on regenerative implant technologies, customization through 3d printing, integration of smart technologies, cultural shifts and beauty ideals, adoption of microneedling and thread lifts..
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Market Segmentation:
The cosmetic implants market covered in this report is segmented -
1) By Raw Material: Polymer, Ceramic, Metal, Biological
2) By Application: Dental Implants, Breast Implants, Facial Implants, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other End Users
Major Driver - Rising Demand For Breast Implants Fuels Growth In The Cosmetic Implants Market
The increasing demand for breast implants is expected to boost the growth of the cosmetic implants market going forward. A breast implant is a medical procedure where saline and silicone implants are inserted into the breast tissue or chest muscle to improve breast size and replace breast tissue removed due to cancer or trauma. The increasing demand for breast implants boosts the cosmetic implant market, enhancing the offerings in the market and providing better products and services to customers. For instance, in April 2020, according to a report published by the Aesthetic Society, a US-based organization of board-certified aesthetic cosmetic surgeons, 365,000 breast augmentations were carried out in 2021, an increase of 44% from 252,627 in 2020. Additionally, 148,000 females had their implants replaced after removal (+32% from 2020). Therefore, the increasing demand for breast implants is driving the growth of the cosmetic implant market.
Competitive Landscape:
Major companies operating in the cosmetic implants market report are Johnson & Johnson Services Inc., AbbVie Inc., 3M Company, Danaher Corporation, Allergan Inc., Zimmer Biomet Holdings Inc., Dentsply Sirona Inc., Institut Straumann AG, Cochlear Ltd., KLS Martin Group, Sientra Inc., Mentor Worldwide LLC, GC Aesthetics plc, Nobel Biocare Holding AG, Megagen Implant Co. Ltd., Groupe Sebbin SAS, Polytech Health & Aesthetics GmbH, Silimed, Spectrum Designs Medical, Alpha Aesthetics Implants, G&G Biotechnology Ltd., Nagor, Implantech Associations Inc., Surgiform Technology Ltd., Aesthetic And Reconstructive Technologies (AART) Inc.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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