Report ID: SQMIG35A2958
Report ID:
SQMIG35A2958 |
Region:
Global |
Published Date: November, 2024
Pages:
211
|
Tables:
65 |
Figures:
70
Global Cosmetics Implants Market size was valued at USD 11.86 Billion in 2022 and is poised to grow from USD 12.90 Billion in 2023 to USD 23.29 Billion by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).
Increasing demand for cosmetic implants, innovation in new and advanced technologies, and greater awareness of body aesthetics are the primary drivers for the growth of the cosmetic implants market during the course of the forecast period. For instance, during April 2022, the Aesthetic Society published its annual Aesthetic Plastic Surgery Statistics revealing that 148,000 women had their implants changed. According to the Breast & Cosmetic Implant Registry, between January and December 2021, breast implant operations were reported in England at 11,735. Among those, 2,375 reconstruction procedures were carried out, 3080 had to be replaced, and 25 involved relocations. Therefore, it is projected that the tremendous volume of implant procedures conducted globally will drive market growth.
In addition, technological advancement has been the impetus for growth in cosmetic implants. Rising FDA clearances in the US in the cosmetic implants industry are pushing the growth in this market. For instance, in May 2016, the FDA in the US approved Allergan's cohesive breast implant called NATRELLE INSPIRA. These implants offer a new option for women opting for breast augmentation, revision, or reconstruction surgery. Allergan's very cohesive gel and high gel fill ratio collaborate for a customized result. Furthermore, the growing demand for surgical cosmetic implants to enhance face beauty and aesthetic appeal supports the growth of the market globally.
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Report ID: SQMIG35A2958