The Breast Implants Market is expected to grow by the year 2024 at a CAGR of 4.4%. Healthcare systems have been basically emphasizing on affordability as well as quality of the medical services. However, now, digitization has come through, which would drive revolution in the same healthcare vertical. The life sciences would go digitally innovative. This would be the way healthcare vertical would go in the next 10 years.
According to Persistence Market Research (PMR), the Global Breast Implants Market size will exceed US$ 1,482.1 Million in terms of market value by 2024, witnessing a CAGR of 4.4% from 2022 to 2024. Apart from breast implant procedures, the rising emphasis on physical appearance and the increasing frequency of breast cancer are driving the growth of the Breast Implants Market.
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Company Profiles:
- Allergan, Plc (Actavis Plc)
- Mentor Worldwide LLC. (Johnson & Johnson Services, Inc.)
- GC Aesthetics plc
- Sientra, Inc
- Groupe Sebbin SAS
- Polytech Health & Aesthetics GmbH (Deutsche Beteiligungs AG)
- Establishment Labs S.A.
- HansBiomed Co., Ltd
- CEREPLAS
- DPS TECHNOLOGY DEVELOPMENT LIMITED
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North America accounts for a sizable portion of the breast implant market. It is likely to follow a similar pattern during the projection period, owing to the high demand for breast augmentation procedures in the region’s entertainment sectors and women’s self-awareness. During the forecast period, the United States is predicted to be the region’s largest market for breast implants. The demand for aesthetic surgeries and treatments among women in the United States is quite strong, which is one of the major reasons driving the region’s breast implant market growth. Furthermore, the rising frequency of breast cancer in North America will contribute to the growth of the breast implant market.
Impact of Covid-19 on the Breast Implants Market
The COVID-19 pandemic had a short-term impact on the breast implant market because the whole world went into lockdown, which resulted into aesthetic surgeries and non-essential procedures being postponed or annulled. However, once the Covid-19 restrictions were removed, the market recovered.
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PMR has presented a comprehensive report based on Breast Implants Market as per Product Type (Silicone Breast Implants and Saline Breast Implants), Application (Cosmetic Surgery and Reconstructive Surgery), Shape (Round Breast Implants and Anatomical Breast Implants), End User (Hospitals and Cosmetology Clinics) based on seven regions.
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