Global Aesthetic Implants Market Analysis & Forecast 2024

"The Business Research Company recently released a comprehensive report on the Global Aesthetic Implants Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The aesthetic implants market size has grown strongly in recent years. It will grow from $4.84 billion in 2023 to $5.21 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to rising disposable income, increasing awareness and acceptance, affordable procedures, high-quality healthcare services, and growing demand from older demographics.

The aesthetic implants market size is expected to see strong growth in the next few years. It will grow to $7.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to the impact of evolving regulations, emerging market growth, a shift towards minimally invasive procedures, strengthening regulations, and an and an aging population. Major trends in the forecast period include advancements in biomaterials, 3D printing, innovations in surgical techniques, digital health integration, and customized implants.

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Market Drivers and Trends:

Rising cosmetic surgeries are expected to propel the growth of the aesthetic implant market going forward. Cosmetic surgeries are medical procedures aimed at enhancing or altering an individual's appearance through surgical techniques. Cosmetic surgery's growth is driven by technological advancements, changing beauty ideals, and increased affordability, responding to personal desires for improved appearance and self-confidence. Aesthetic implants are increasingly used in cosmetic surgeries to enhance physical appearance, correct deformities, and provide more natural-looking and long-lasting results, meeting the rising demand for aesthetic enhancements. For instance, in March 2023, the British Association of Aesthetic Plastic Surgeons, a UK-based professional body for plastic surgeons, in 2022, there were 31,057 cosmetic procedures performed, marking a notable 102% increase from the previous year. Women accounted for 93% of these procedures, reflecting a significant rise of 101% compared to 2021. Therefore, rising cosmetic surgeries will drive the growth of the aesthetic implant market.

Major companies operating in the aesthetic implant market are innovating biocompatible materials such as silicone-based breast implants to enhance patient outcomes and safety, offer more natural-looking results, and reduce complications. Silicone-based breast implants refer to medical devices used in cosmetic and reconstructive surgery, filled with a cohesive silicone gel and encased in a silicone elastomer shell, designed to enhance breast size and shape with a natural look and feel. For instance, in April 2024, GC Aesthetics, an Ireland-based designer, manufacturer, and distributor of breast implants and medical devices, launched the LUNA XT, the world's first micro-textured anatomical breast implant approved under the new European Medical Device Regulation (MDR). The LUNA XT Anatomical Breast Implant offers advanced support for women undergoing immediate and delayed breast reconstruction surgery. Featuring a micro-textured surface, cohesive silicone gel, and a high-performance shell, it represents a state-of-the-art option for women seeking breast procedures.

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Major Key Players of the Market:

AbbVie Inc., 3M Company, Zimmer Biomet Holdings Inc., Dentsply Sirona Inc., Institut Straumann AG, Integra LifeSciences Holdings Corporation, RTI Surgical Holdings Inc., Establishment Labs Holdings Inc., Silimed Indústria de Implantes Ltda., Sientra Inc., GC Aesthetics plc, Hans Biomed Corp., Sebbin, PMT Corporation, POLYTECH Health & Aesthetics GmbH, AVINENT Implant System, Implantech Associates Inc., Symatese Group, Ideal Implant Incorporated, Biodermis Corporation, Nagor Ltd, CEREPLAS, Surgiform Innovative Surgical Products, Alpha Aesthetics LLC, Lattice Medical

Aesthetic Implants Market 2024 Key Insights:

• The aesthetic implants market size is expected to see strong growth in the next few years. It will grow to $7.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%.
• Impact Of Rising Cosmetic Surgeries On The Aesthetic Implant Industry
• Innovative Micro-Textured Breast Implants Set New Standards in Aesthetic Surgery
• North America was the largest region in the aesthetic implants market in 2023

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