USD 1.8 billion
Breast Implants Market Size, Share, Growth Analysis, By Product(Silicone Breast Implants, Saline Breast Implants), By Shape(Round, Anatomical), By Application(Reconstructive Surgery, Cosmetic Surgery), By End user(Hospitals, Cosmetology Clinics, Ambulatory Surgical Centers), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2520 |
Region:
Global |
Published Date: September, 2024
Pages:
157
|Tables:
114
|Figures:
77
Breast Implants Market Insights
Global Breast Implants Market size was valued at USD 2.33 billion in 2022 and is poised to grow from USD 2.50 billion in 2023 to USD 4.46 billion by 2031, growing at a CAGR of 7.49% during the forecast period (2024-2031).
The rapid growth of the market has been driven by the growing demand for improving physical aesthetics. The global healthcare sector has been impacted by the COVID-19 pandemic, while the pandemic had a substantial impact on the medical equipment industry. There was a rapid increase in demand for personal protective equipment and ventilators, whilst on the opposite end, consumption of health devices/products including implants, injectables, stents, & equipment was observably falling. According to the competitive factors, the greatest factors in the aftermath of the pandemic were supply chain interruptions and the postponement or cancellation of elective surgical procedures.
The breast implant market has tremendously evolved with the increasing demand of cosmetic surgeries. Women who have a high inclination towards enhancing their beauty have significantly contributed to the breast implant market revenue. In adherence to food and drug administration stipulations, women who have attained 18 years and above can undergo a breast implantation surgery. Moreover, the increase occurrence of breast cancer incidences is also a major driving factor that has led to the growth of this market. In dire incidences, the remedy for this disease is mastectomy surgery. This surgery procedure entails the removal of the whole organ.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Round
Fastest Growth
Round
Growth Rate
9.4% CAGR
Global Breasts Implants Market ($ Bn)
Country Share for North America Region (%)
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Breast Implants Market Segmental Analysis
Global Breast Implants Market is segmented by Product, Shape, Application, End User, and Region. Based on Product, the market is segmented into Silicone Breast Implants, Saline Breast Implants. Based on Shape, the market is segmented into Round, Anatomical. Based on Application, the market is segmented into Reconstructive Surgery, Cosmetic Surgery. Based on End User, the market is segmented into Hospitals, Cosmetology Clinics, Ambulatory Surgical Centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Breast Implants Market Analysis by Product
Based on product, Silicone Breast Implants segment is dominating the breast implants market with the largest revenue. Silicone Breast Implants are more like natural breast tissue. For example, a gummy implant gives the reconstructed breast a natural shape. Moreover, this product segment does not have a risk of immune system-related disorders. During the forecast period, silicone implants are expected to remain the largest category, due to their softness. Silicone implants are generally rare to form hard scar tissue often referred to as capsular contracture as they are soft-textured. Furthermore, gummy implants have a low risk of wrinkling.
Saline implants are expected to witness the fastest growth in terms of products. The reason behind this is the fewer complications being found out in the process of implant rupture for this type of implant. After the leaking of the saline, it gets dissolved in the patient’s body and will not cause any harm to the patient. In this type of implant, there is no need to consult the doctor for any further follow-up sessions. But the women who have undergone silicone breast implantation surgery will suffer from quiet implant rupture. Hence the FDA recommends these patients undergo an MRI at regular intervals.
Breast Implants Market Analysis by Shape
Based on shape, round shape implants are expected to dominate the breast implants market with substantial market share. They are well-suited for breast enhancements because of their round shape. The devices are often shaped like a compressed sphere. Hence, the high demand for these products has driven the development of the market. There are no issues when the implants are rotated at the time of surgery, regardless of the rotation angle, as the devices are perfectly round and symmetrical. As a result, even surgeons prefer these products to anatomical products. The round-shaped implants of Laboratoires Arion are extensive. This business, for example, produces Monobloc Silicone.
Anatomical-shaped devices are poised to grow significantly over the forecast timeframe owing to their natural nature. This type of implant is shaped to mimic the natural shape of the breast. Women who choose natural-looking breast augmentation opt for this product in most cases. On the other hand, these devices are not without their disadvantages. When there is a shift or rotational movement of the implant, the overall shape of the organ tends to change. This may necessitate corrective surgery. Additionally, since the product has a natural shape, surgical intervention by a well-trained surgeon is required upon implantation; otherwise, it can be at the risk of flipping.
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Breast Implants Market Regional Insights
North America is dominating the breast implants market with the largest market share. The dominant position of North America can be explained by the increasing healthcare spending in the U.S. and the demand for cosmetic surgical procedures that in most cases are related to the improvement of a person’s esthetic appearance. Additionally, one should mention the growing prevalence of breast cancer in the region. The US is one of the primary contributors to the breast implants market. The market is growing exponentially due to various factors, like the rising number of cosmetic surgeries, and increasing product approvals by various regulatory bodies. Furthermore, increasing disposable income, rising medical tourism, women's inclination toward breast reconstruction procedures for beauty enhancement is also fueling growth of the market.
The Asia Pacific is poised for substantial growth during the forecast period owing to increasing disposable income in countries such as India, China, which creates a growth opportunity for medical tourism low-cost treatments in the region. The market is also witnessing rapid growth due to factors, like growing demand for cosmetic procedures, increasing prevalence of breast cancer, and rising awareness campaigns. Moreover, potential of the healthcare sector in developing markets is also increasing, along with rising strategic initiatives and product innovations. The extensive utilization of artificial devices like prostheses combined with rising investment in advanced technologies in the medical sector is increasing the demand for breast implants.
Global Breasts Implants Market By Geography
- Largest
- Fastest
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Breast Implants Market Dynamics
Breast Implants Market Driver
Increasing Cases of Breast Cancer
- Higher incidences of breast cancer contribute toward increasing annual breast enhancement procedures. According to the World Health Organization’s statistics, 2.3 million women around the globe were diagnosed with breast cancer in 2020. It is understood that more than 100,000 mastectomy procedures are held around the United States every year.
Advancement in Cosmetic Surgical Procedures
- The demand for breast augmentation procedures is driven by the increasing emphasis of society on the standards of beauty and physical look. The American Society of Plastic Surgeons reported that 300 thousand breast modifications surgeries were performed in the US annually. opportunity. However, in some cases, the effect of breast modification surgeries can be severe. Thus, it can turn out to be breast implant associated cancer, BIA-ALCL, that could be triggered by textured silicone implants.
Restraints
Lack of Suitable Implant Materials
- Technologies like biomedical implants have the capacity to create inhibitions to adoption and availability of minimally invasive procedures. One of the prime restraints on the Minimal Invasive Market is the risk of complications and side effects associated with invasive procedures which include breast pain, infection, alteration in nipple and breast sensation, implant rupture and position misalignment.
Stringent Regulations
- The introduction of novel product launches might be prevented by stringent regulatory controls as it might impede the breast implants industry from growing. In addition, breast reconstruction surgeries are extremely costly. This is one of the major reasons due to which most of the patient population might be unable to afford it.
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Breast Implants Market Competitive Landscape
Considering that the trend towards breast augmentation becomes more noticeable every year, the number of manufacturers of breast implants increases. The industry of breast implants is presented according to international and regional players in the global market. Companies find it beneficial to enter into partnership agreements to sign multiple supply agreements and expand their product markets. In addition, it is critical to note that breast augmentation became the solution with the highest agreement activity in comparison with the other medical aesthetics in the last 5 years.
Breast Implants Market Top Player's Company Profiles
- AbbVie
- GC Aesthetics
- Groupe Sebbin SAS
- Mentor Worldwide LLC
- Sientra Inc.
- Polytech Health & Aesthetics GmbH
- Establishment Labs Holdings Inc.
- Ideal Implant Incorporated
- HansBioMed Co. Ltd.
- Shanghai Kangning Medical Supplies Ltd.
- Guangzhou Wanhe Plastic Materials Co., Ltd.
- CEREPLAS
- Johnson & Johnson MedTech
- Guangzhou Wanhe Plastic Material
- Implantech Associates Inc.
- Nagor Limited
- Silimed
- Coloplast
- Saudi Aramco
- Arion Laboratories
Breast Implants Market Recent Developments
- In August 2023, Collplant and Stratasys collaborated to integrate Collplant’s rhCollagen-based Bioinks with Stratasys P3 technology-based bioprinter. This will help in developing regenerative breast implants.
- In January 2023, Establishment Labs partnered with Seishin Plastic and Aesthetic Surgery Clinic. The objective of the partnership was to introduce Mia Femtech breast implants in the Japanese market.
- In October 2022, GC Aesthetics made announcement that CE has given its approval for LUNA xt. This is a micro-textured anatomical breast implant that became the first implant approved under the European Medical Device Regulation.
Breast Implants Key Market Trends
- Increasing Integration of AR and VR: Incorporation of advanced technologies such as virtual reality and augmented reality would be a significant addition as it could help show simulations before the procedure and the sight of a better and well-shaped breast would attract more people who want to get a personalized treatment. Hence, incorporation of advanced technological interventions can help in gaining new customer market to see accurate and precise shapes being provided.
- Innovative Product Launches: Introduction of new goods and technology developments may accelerate market expansion; for example, it is projected that the breast implants market will expand due to the increased research aimed at creation of more durable implants. If the product’s predicted acceptance takes place, the market can expect the advent of profitable growth opportunities.
Breast Implants Market SkyQuest Analysis
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, cosmetic procedures have seen tremendous growth as physical attractiveness holds substantial value in today's society. Breast augmentation tops the list of popular surgeries, allowing women seeking larger size to alter their appearance through implants or fat grafting. Aiming to boost their outward beauty, numerous female patients choose to undergo breast enlargement each year. However, others note dangers like infection and criticize extreme measures solely for vanity's sake. Meanwhile, improved technology now offers minimally invasive options for modest changes. Overall, views vary on where to draw the line between medical issues and upholding unrealistic standards.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.33 billion |
| Market size value in 2031 | USD 4.46 billion |
| Growth Rate | 7.49% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| 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:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Breast Implants Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Breast Implants Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Breast Implants 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 Implants 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.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Breast Implants Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Breast Implants 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.
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