Market Overview –
The global breast implants market is anticipated to reach US$ 1,299.9 million in 2021 and grow at a CAGR of 4.2% during the forecast period (2021-2028). Breast augmentation surgery, also known as mammoplasty, uses breast implants, which are artificial objects (prostheses) surgically placed into the breast. Silicone shells that are either filled with silicone gel or saline make up breast implants (sterile salt water).
Women who have undergone mastectomy (breast removal due to cancer), women whose breast size has decreased due to pregnancy, weight loss, or ageing, women with asymmetrical breasts, and women who want to boost their self-esteem and body image are just a few of the reasons why breast implantation is done. When it comes to breast implants, silicone implants are the most popular choice among women considering breast augmentation surgery since they seem more attractive and firmer than saline implants. Breast implants are available in a variety of sizes and forms, including low-profile and high-profile implants.
The number of cosmetic procedures performed worldwide is dramatically increasing. Because physical appearance is so important, there is a noticeable rise in demand for cosmetic surgery and aesthetic implants. The most frequent form of aesthetic surgery is breast augmentation. Breast enlargement, often known as mammoplastry or a “boob-job,” is a surgical operation used to increase the size of the breast using an implant or fat transfer. To improve their physical attractiveness, many women choose to have their breasts enlarged. The International Society of Aesthetic Plastic Surgery estimates that worldwide breast augmentation treatments rose by 6.1% in 2028.
Impact of (Covid-19) –
In Wuhan, China, a coronavirus (COVID-19) epidemic was first noted on December 31, 2019. On March 11, 2020, the World Health Organization classified COVID-19 as a pandemic. The World Health Organization reports that, as of December 29, 2021, there have been over 281,808,270 cases of coronavirus disease (COVID-19) registered worldwide, along with 5,411,759 fatalities.
The COVID-19 pandemic and lockdown in numerous nations around the world have had a detrimental effect on the financial situation of companies in all industries. The COVID-19 pandemic has had an influence on the whole healthcare supply chain, mostly as a result of the extreme lockdown in some areas.
For instance, the America Society of Plastic Surgeons reports that in 2019, 287,085 breast augmentation surgeries were carried out, and in 2020, the number fell to 193,073.
Scope of the Report –
According to the purview of this study, breast implants are medical devices that increase the size of breasts for aesthetic, reconstructive, or congenitally abnormal reasons. Breast implants are used during the surgery to increase and improve the size of the breasts. The breast implant market is divided into types (silicone implants, form-stable implants, saline implants, and structured saline implants), applications (cosmetic surgery, reconstructive surgery), end users (hospitals, cosmetology clinics, and other end users), and geographic regions (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The market research also includes projected market estimates and trends for 17 distinct nations in the world’s key geographical regions. The report provides the value for the aforementioned segments (in USD million).
Recent Developments –
Hair Diagnostix announced the release of an innovative and user-friendly self-test to find leaking breast implants in August 2020.
Allergan Aesthetics, a division of AbbVie Inc., announced the launch of a digital campaign in June 2020 to better track and identify the BIOCELL breast implant and increase its reach to patients who have it, as well as to educate women about the dangers of breast implants-associated anaplastic large cell lymphoma (BIA-ALCL).
Customization Available –
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Competitive Landscape –
Details about each competitor are included in the competitive landscape for breast implants. The company’s financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance are among the details that are included. The information above only relates to the companies’ market focus on breast implants.
Major Market Key Players –
Mentor Worldwide (Johnson & Johnson)
POLYTECH Health & Aesthetics
Guangzhou Wanhe Plastic Materials
By Types –
By Applications –
By Regions –
Middle East Africa