USD 1.8 billion
Report ID:
SQMIG35A2631 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
62
|Figures:
75
Breast Implant Market size was valued at USD 1.97 billion in 2022 and is poised to grow from USD 2.15 billion in 2023 to USD 4.42 billion by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031)
The increased quantity of research being done to create implants with better endurance is also driving growth in the global breast implant industry. Also, the market has been revolutionized by breast augmentation that is done behind the muscle. As under-the-muscle breast augmentation involves less surgery than the traditional method, women are choosing it more and more. It is projected that the rapid use of minimally invasive breast augmentation will propel the market. It is anticipated that the market will have profitable growth potential as the product is anticipated to be approved. Considering this, it is anticipated that this element will promote expansion in the global breast implant market.
Additionally, a lot of false information exists on the risks and post-operative adverse effects of breast implants for women. This restriction will benefit the global breast implant market, though, provided women are educated and their misconceptions are debunked. Furthermore, fewer breast augmentation procedures were performed overall. Recently, gummy bear implantation has garnered a lot of attention in comparison to other implant kinds. These implants' high degree of crosslinking prevents wrinkles and preserves their shape. This has significantly increased the number of women in society who accept it. It's a big step forward as silicone implants are safer than conventional implants.
US Breast Implant Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.8 billion
Largest Segment
Silicone breast implants
Fastest Growth
Silicone breast implants
Growth Rate
9.4% CAGR
To get more reports on the above market click here to Buy The Report
The global breast implant market is segmented based on type, application, and region. Based on type, the market can be segmented into Silicone Breast Implants, Saline Breast Implants and Gummy Bear Breast Implants. Based on application, the market is segmented into Hospitals, Specialty Clinics and Ambulatory Surgical Centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Type
As per categorization by type, the market is classified as silicone implants and saline implants. Among these, silicone implants earned the largest share and continues to hold the dominant global breast implant market share. So far, silicone implants continue to head the global breast implant market owing to their biological feel, long shelf-life, and overall aesthetics. The latest innovations tend to emphasize safety and comfort, such as more sophisticated gel formulations and cohesive silicones that imitate natural breast tissue. Silicone continues to strengthen its market position and growth through a superior performance-in shape retention, low rupture rates, and fewer complications of the implant that make it the first preference of both the patient and the surgeon.
Saline implants are expected to be the fastest-growing segment in the global breast implant market due to their affordability, safety, and ease of use. Unlike silicone implants, saline implants are filled with sterile saltwater, reducing concerns related to gel leakage or rupture, as they can safely be absorbed by the body if punctured. Additionally, saline implants offer adjustable volume, allowing for more precise customization during surgery. These advantages, combined with a growing preference for non-toxic options, increasing awareness about saline implant safety, and advancements in design, are propelling the demand for saline implants, particularly among cost-conscious patients.
Analysis by Shape
The round segment dominates the global breast implant market due to its versatility, cost-effectiveness, and ability to provide a fuller, more symmetrical appearance. The newest advances in round implants have been based mainly on better gel formulations and textured surfaces for implant stability with the aim of mitigating complications such as capsular contracture. An immediate effect of a round implant predictable shape is that one could achieve enhanced projection and volume, which is the reason they remain a popular choice for cosmetic and reconstructive surgical procedures. Use and aesthetic outcomes take care of their robustness for patients interested in achieving a more natural look but in a dependable and consistent form.
The anatomical segment is poised to be the fastest-growing in the global breast implant market due to its ability to provide a more natural, teardrop-shaped result, mimicking the contours of the natural breast. The trend in this implant is becoming more common among the patients who look for a more subtle proportion to the contours of the body, especially in reconstructive surgery or in thinner breast tissue. Technological advances in gel consistency and positioning would further meet patient demands for a better emphasis on natural, aesthetic outcomes. The changing patient preference has put an up-surge of anatomic implants on their way to the market as most patients want it to be customized-designed individualist results.
To get detailed analysis on other segments, Request For Free Sample Report
North America is the dominating region in the global breast implant market because of a combination of factors, including high disposable income, advanced healthcare infrastructure, and a strong demand for cosmetic procedures. Breast augmentation and reconstruction surgery are gaining immense popularity among the masses and well-established in the aesthetics surgery industry of this region. North America has also been continuously evolving with new technologies regarding the implant material and surgical techniques to make it safe and improve the outcomes. All these factors, along with the high awareness towards breast cancer and reconstructive options, and the rising trend of body-image consciousness, stimulated the development of the market and thus made it the global leader in breast implants.
Europe is the fastest-growing region in the global breast implant market, driven by increasing demand for both cosmetic and reconstructive surgeries. Upsurge in awareness regarding breast cancer and the concept of bodily positivity has set the landscape for demand for breast implants more on reconstruction provision after mastectomies. Advances in implant material such as safer silicone and anatomical implants along with improvements in surgical techniques have increased the attractiveness of breast augmentation procedures. The enabling environment relating to regulation coupled with the less expensive nature it is in most of the countries in Europe will be facilitating to extend the market making Europe the place be in the global breast implant industry.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Breast Implant Market Drivers
Rising Aesthetic Awareness
Technological Advancements in Implant Design
Breast Implant Market Restraints
Risk of Complications and Health Concerns
Stringent Regulations and Approval Processes
Request Free Customization of this report to help us to meet your business objectives.
The global breast implant market is highly competitive, with key players constantly innovating to enhance product safety, comfort, and aesthetic appeal. Dominating the industry are the major players Allergan (AbbVie), Mentor Worldwide (Johnson & Johnson), GC Aesthetics, and Sientra. These companies are focusing on expansion of product portfolios, the enhancement of implant materials, and increasing investments for research in response to growing demand for aesthetic and reconstructive surgeries. The market is also characterized by emerging competitors, thus presenting a new wave of competition in view of the changing dynamics of traditional costs.
Breast Implant Market Top Player’s Company Profiles
Breast Implant Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global breast implant industry is experiencing significant growth due to the increasing demand for safer, more durable implants, as well as advancements in breast augmentation techniques like under-the-muscle procedures. Innovations in implant materials and designs are also contributing to market expansion.
There will be slow progress in the market as health and regulatory issues hamper but awareness and awareness through education coupled with more implant safety would be market drivers. It will certainly set sail for an open-ended growing market-a burgeoning one-and a lucrative one in the backdrop of technological progress and better acceptance in regions like North America and Europe, the two most mature regions in terms of implants.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.97 billion |
Market size value in 2031 | USD 4.42 billion |
Growth Rate | 9.4% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Breast Implant Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Breast Implant Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Breast Implant Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Breast Implant Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35A2631
sales@skyquestt.com
USA +1 351-333-4748