According to a new market research study titled ‘Breast Implants Market to 2025 – Global Analysis and Forecasts by Product and Applications. The global breast implants market is calculated to account for US$ 1,981.2 Mn by 2025 as compared to US$ 1,424.4 Mn in 2017, growing at a CAGR of 4.3% during the forecast period from 2018 to 2025. The report highlights the trends prevalent in the global breast implants market and the factors driving the market along with those that act as restraints to its growth.
The global breast implants market is a matured market in the developing countries as well as developing economies worldwide. According to 2016 statistics from the American Society of Plastic Surgeons, the average cost of breast implant surgery was US$ 3,719 in the US. The prices for breast implant surgery significantly vary, based on surgeon’s experience, the type & cost of breast implants used and the geographic location of the office.
Breast implant is done for reconstructive purposes such as, restoring the breast volume post-weight reduction or pregnancy; after mastectomy for breast cancer; and also for esthetic purposes & other cosmetic reasons. Among the applications, the demand for breast implant is significantly high in cosmetic surgery followed by reconstructive surgery. The costs for the reconstructive surgery and cosmetic procedure slightly diverge on the basis of type of the surgery. Additionally, an important factor to consider to upsurge the growth of the breast implant market is the warranty of breast implant procedures. Warranties add value to breast implantation package by protecting from additional costs helps to propel the growth of the global breast implant market.
The global breast implants market has been segmented, based on different parameters such as product, and application and geographical regions. The products considered in the study are silicone and saline based. The applications of breast implants covered in the report include reconstructive surgery and cosmetic surgery. The market is further examined by evaluating the market on basis of five strategic regions worldwide as North America, Europe, Asia Pacific, Middle East and Africa, and South America.
The key players operating in the field of Breast Implants worldwide include Allergan Plc, Mentor Worldwide LLC, Sientra Inc., GC Aesthetics PLC, POLYTECH Health & Aesthetics GmbH, Hansbiomed Co. Ltd., Ideal Implant Incorporated, Guangzhou Wanhe Plastic Materials Co., Ltd., Establishment Labs S.A., Groupe Sebbin SAS among others.
The report segments the global breast implants market as follows:
Global Breast Implants Market – By Product
Global Breast Implants Market – By Application
- Reconstructive Surgery
- Cosmetic Surgery
- Other End Users
Global Breast Implants Market – By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
- South Africa
South America (SAM)