Breast Implants Market size is estimated to cross USD 5 Billion by the end of 2033, growing at a CAGR of 8% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of breast implants was USD 2 Billion.The growth of the market can primarily be attributed to the rising inclination of women toward breast enlargement owing to breast abnormality and breast cancer in women across the globe. Based on the report published by the International Society of Aesthetic Plastic Surgery, it was noticed that the prevalence of breast augmentation spurred by 6.1% from 2017-2018.
Global breast implant market trends such as, the ongoing development of innovative products and rising production and utilization of silicon to enhance the breast size are projected to influence the growth of the market positively over the forecast period. For instance, GC Aesthetics launched Eve 4.0, a Digital Consultation System (DCS) in 2019 to offer visualization aids for patients with breast augmentation and reconstruction in Brazil and Europe. Additionally, exponential growth in global healthcare expenditure is further estimated to propel the growth of the market over the forecast period. According to the World Bank, it was stated that global health expenditure hit USD 1,202.9 per capita in 2019. Hence, all these factors are expected to push the growth of the market over the forecast period.
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR |
~8% |
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Base Year Market Size (2022) |
~ USD 2 Billion |
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Forecast Year Market Size (2033) |
~ USD 5 Billion |
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Regional Scope |
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Growth Drivers
Challenges
Product (Saline, Silicon, Smooth, Implant, Tissues Expanders)
The global breast implants market is segmented and analyzed for demand and supply by product into saline, silicon, smooth, implant, and tissues expanders, out of which, the silicon segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the higher utilization of silicon in breast implants owing to high advantages such as less scar tissue, natural-like appearance, less weight, and less probability of rippling. As of 2018, approximately 85% of breast implants were silicon.
Our in-depth analysis of the global market includes the following segments:
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By Product |
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By Shape |
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By Procedure |
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By End-User |
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The North America breast implants market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of the market can be ascribed to the high spending on healthcare, expansion of healthcare sector and increasing demand for breast implants in the region. For instance, in 2018, approximately 280,000 breast augmentations were performed solely in the United States. Moreover, a growing inclination toward splendid physical appearance and higher penetration of major key players in the market is further anticipated to hike the growth of the market during the forecast period.
Mentor Worldwide LLC to get approval from U.S. Food and Drug Administration for its MENTOR MemoryGel BOOST breast implant. Based on the recent study, it was stated that both surgeons and patients preferred MENTOR MemoryGel Boost breast implants since they feel like natural breasts compared to other alternative brands.
POLYTECH Health & Aesthetics GmbH to organize Breast Education Campaign to promote Breast Cancer Awareness Month. POLYTECH is committed to providing usable and educational information for patients by engaging with the patient community and promoting the importance of breast health and early diagnosis.
Author Credits: Radhika Gupta, Shivam Bhutani
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