Press release
Facial Implants Market Analysis 2024: Technological Innovations and Market Growth
Facial Implants Market Analysis
The new report published by The Business Research Company, titled Facial Implants Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the facial implant market size has grown strongly in recent years. It will grow from $2.52 billion in 2023 to $2.73 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The facial implant market size is expected to see strong growth in the next few years. It will grow to $3.77 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.
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What Is Driving The Growth Of The Global Facial Implants Market?
Facial Implants Thrive On Increasing Adoption Of Cosmetic Procedures
The rising demand for cosmetic surgeries is expected to propel the growth of the facial implants market going forward. Cosmetic surgeries refer to elective treatments intended to enhance or improve an individual's aesthetic appearance. The rising popularity of cosmetic surgeries is driven by increased societal acceptance, technological advancements offering safer and more effective treatments, and a growing desire for self-improvement and confidence enhancement. The facial implants used in cosmetic surgeries offer advanced solutions for facial contouring and enhancement, providing patients with long-lasting and natural-looking results that fulfill aesthetic desires effectively. For instance, in September 2023, according to the American Society of Plastic Surgeons, a US-based non-governmental organization, the number of non-invasive fat reduction procedures increased from 386,557 in 2019 to 682,932 in 2022, which accounts for a 77% rise post-pandemic. Therefore, the rising demand for cosmetic surgeries is driving the growth of the facial implants market.
What Is The Key Trend In The Global Facial Implants Market?
New Product Development In The Facial Implant Market
Major companies operating in the facial implant market are focusing on new product development, such as arthroplasty implants, to strengthen their position in the market. Arthroplasty implants refer to prosthetic devices used in facial reconstruction and cosmetic surgery to restore or enhance the function and aesthetics of facial structures. For instance, in February 2024, Materialise, a Belgium-based 3D-printing company, introduced its Personalized TMJ Total Arthroplasty System. This system is specifically designed for total temporomandibular joint (TMJ) arthroplasty, which involves replacing the joint that connects the jawbone to the skull. The system uses personalized titanium implants customized to the patient's anatomy, making it a facial implant solution for treating severe TMJ complications that require joint replacement.
How Is The Global Facial Implants Market Segmented?
The facial implants market covered in this report is segmented -
1) By Product: Chin And Mandibular, Cheek, Nasal, Injectables
2) By Material: Metal, Biologicals, Polymers, Ceramic
3) By Procedure: Eyelid Surgery, Facelift, Rhinoplasty
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How Is The Competitive Landscape Of The Global Facial Implants Market?
Major companies operating in the facial implants market are Johnson & Johnson, Medtronic plc, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Galderma SA, W.L. Gore & Associates Inc., Integra LifeSciences Corporation, Anthony Products Inc., Hugel Inc, Revance Therapeutics Inc., Sientra Inc., OsteoMed L.P., Spectrims Design Medicals Inc., Implantech Associates Inc., Sebbin International, AART Inc., Surgiform Technology Ltd., Guangzhou Wanhe Plastic Material Co. Ltd., Hanson Medical Inc., Xilloc Medical Int. B.V.
Contents Of The Global Facial Implants Market
1. Executive Summary
2. Facial Implants Market Report Structure
3. Facial Implants Market Trends And Strategies
4. Facial Implants Market - Macro Economic Scenario
5. Facial Implants Market Size And Growth
…..
27. Facial Implants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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