Dublin, Aug. 05, 2024 (GLOBE NEWSWIRE) — U.S “Breast Implants Market by Product, Shape, Application, End User, Regions and Company Analysis 2024-2032” reference has been added to ResearchAndMarkets.com’s special offer.
The global breast implant market is projected to undergo significant expansion, with forecasts indicating a rise from US$2.32 billion in 2023 to US$4.45 billion by 2032. This growth trajectory represents a compound annual growth rate ( CAGR) of 7.5% from 2024 to 2032, reflecting a sustained increase in demand in the industry.
Advances and demand in breast augmentation
With the medical advancements in breast implant surgery and the increased demand for cosmetic procedures worldwide, the breast implant market is witnessing a remarkable rise. Increased awareness and the pursuit of aesthetic improvement have led a significant number of women to choose augmentation, underscoring its position as one of the most sought-after cosmetic procedures.
Restructuring drives market expansion
Market growth is also boosted by the rise in breast reconstruction surgeries, mainly due to the prevalence of breast cancer. Mastectomy procedures require reconstructive surgery, which often uses breast implants, increasing market demand. The increasing number of new cases of breast cancer has led to a corresponding increase in reconstructive procedures, fueling market demand.
North America’s market dominance
In the North American market, particularly in the United States, there is a significant demand for breast implants, mainly due to the large number of cosmetic procedures. Breast augmentation remains one of the leading cosmetic procedures in the region, which, coupled with the rising incidence of breast cancer, creates significant opportunities for market stakeholders.
Key players and innovations shaping the market
The breast implant landscape is competitive, with prominent companies constantly innovating and enhancing product portfolios. Investments and partnerships are a primary strategy for market players to sustain growth. Recent product endorsements and innovative campaigns are indicative of the dynamic nature of the market and its adaptive response to consumer needs and regulatory standards.
Market segmentation insight
The market analysis reveals segmentation into product types, including silicone and saline implants, shapes such as round and anatomic, and various applications, with a major focus on cosmetic and reconstructive procedures. The market also attributes demand to different end-users, particularly hospitals and cosmetology clinics. In addition, the global perspective is captured with country-specific market insights.
The positive outlook of the breast implant market reflects the synergistic efforts of medical advancement, heightened awareness and deep understanding of patient needs that drive innovation and growth in the industry. As market leaders continue to foster strategic activities and launch enhanced products, the industry is set to navigate a dynamic market landscape with confidence and growth-oriented initiatives.
Basic features:
| Attribute reference | Details |
| Number of Pages | 175 |
| Prognostic period | 2023 – 2032 |
| Estimated market value (USD) in 2023 | $2.32 billion |
| Projected market value (USD) to 2032 | $4.45 billion |
| Compound Annual Growth Rate | 7.5% |
| Covered Areas | Global |
Selected companies
- Abbvie
- Sientra Inc.
- Hans Biomed Co., Ltd
- Establishment Labs SA
- Guangzhou Wanhe Plastic Materials Co.
- Ideal Implant Inc.
- Arion Laboratories
- Polytech Health & Aesthetics GmbH
- Mentor Worldwide LLCs
- Sebbin
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