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Cosmetic Implants Market is expected to grow at a CAGR of 23.70% from 2014 - 2020
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Despite witnessing an increasing demand worldwide, the high cost of the devices and risks of malfunctions are the key challenges hampering the market’s growth. Nevertheless, with the growing awareness about cosmetic implants and their benefits, the demand for them is anticipated to rise significantly in the near future. For the purpose of the study, the report segments the global cosmetics implants market on the basis of sources and applications. Among the implants made from various sources, polymer implants led the market in 2013. Due to further research in this segment and easy access to raw materials, the demand for polymer implant devices will continue to increase during the report’s forecast period. The metal implants segment also considerably aided the expansion of the global cosmetic implants market in 2013. In the application segment, breast implants led the market in 2013. Between 2014 and 2020, the breast implant segment is likely to exhibit a CAGR of 6.6%.
The increasing demand for cosmetic implants and introduction of advanced devices will give an impetus to the global cosmetic implants market during the forecast period. The report presents a comprehensive overview of the global cosmetic implants market. It provides insights into the key factors driving and restraining the market. To study the market’s prevailing competitive landscape, leading companies operating therein are also profiled. “The global market for cosmetic implants is highly consolidated in nature and is dominated by a handful of players”, said a lead TMR analyst. For instance, in the dental implants segment 50% of the market is held by Nobel BioCare, DENTSPLY International, and Straumann AG. Other prominent enterprises in the market are Biomet, Inc., Zimmer Holdings, Inc., 3M Health Care, Spectrum Medical Designs, Implantech Inc., and GC Aesthetics. Globally, companies such as Mentor Worldwide LLC, Allergan, Inc., and Sientra, Inc. dominated the market for cosmetic implants.
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