Breast reconstruction & augmentation market overview and analysis by type, product type and end user – forecast till 2030. Currently, more and more women are opting for having breast augmentation globally, to enhance breast volume and contour, to correct asymmetry, and for breast reconstruction. According to Market Research Future Reports, global breast reconstruction & augmentation market is getting motivated to expand at a CAGR of 8.2% from 2022 to 2030 owing to surging demands for beauty treatments and emerging world of cosmetic and its surgeries. Market Research Future has provided a comprehensive valuation of the breast augmentation implants market recently including qualitative insights, historical and current scenario, driving factors for market and competitor along with regional analysis from 2022 to 2030.
The worldwide increase in breast cancer incidence led to the development of breast repair and augmentation. This finally fueled the exponential rise of the breast implants industry, which in turn increased demand for breast augmentation and reconstruction procedures. A large number of women are having treatment for breast cancer operations as a result of the market's promising and booming future. Therefore, the growing number of women who want to replace lost breast volume will create chances and a profitable market expansion in the next years.
Global Breast Reconstruction and Augmentation Market: Drivers & Trends
The increased desire for aesthetic surgeries linked to anti-aging, as well as the need for and development of breast implant products, are all significantly fueling the growth of the global breast reconstruction and augmentation market. With that, women and young girls have begun to become more aware of their appearance. As a result, the global market for breast reconstruction and augmentation is growing as people throughout the world become more aware of breast implants and breast augmentation operations.
Several large and medium-sized companies are involved in developing and manufacturing breast implant products, whereas the key players in this market are active in investing a large amount of market, which is paving ways for more opportunities to come in the future. As per the research, according to the annual plastic surgery procedural statistics, 17.5 million surgical and marginally cosmetic procedures were performed in the US. The American Society of Plastic Surgeons (ASPS) stated that breast augmentation is one of the best five cosmetic procedures that is conducted in the US. A total of 300,378 breast augmentations happened in the US. The statistics provided by the American Society of Plastic Surgeons (ASPS) stated that the usual cost of breast augmentation surgery was USD 3,708. By these reports, it is evident that the factor of increased focus on physical appearance coupled with an increase in the availability of favorable cohesive silicone breast implants is positively driving the growth of the breast reconstruction & augmentation market.
More important factors, like the growth of middle- and high-income families' economies, have also contributed to the market's expansion over the years and are anticipated to continue doing so in the future.
Breast Reconstruction and Augmentation Market Segmentation
In the reports of MRFR, the global breast reconstruction and augmentation market size have been segmentation on the basis of type, product type, end-user, and region.
By the mode of type, the market is segmented into implant reconstruction, Autologous or "flap" reconstruction.
By the mode of product type, the market is segmented into silicone, saline.
Whereas, the end-user segment is segmented into hospitals & clinics, ambulatory surgical centers, cosmetic surgery centers, and others.
Key Players
Market Research Future Reports has accumulated some of the key players who are actively contributing to work are Allergan Inc, Sientra Inc, GC Aesthetics, Mentor Worldwide LLC (Part of Johnson & Johnson), Establishment Labs, Polytech Health & Aesthetics GmbH (Deutsche Beteiligungs AG). Apart from them, more names have equally contributed to the market; they are Groupe Sebbin SAS, Hans Biomed Co. Ltd, Laboratoires Arion, Cereplas, Ideal Implant Inc, Shanghai Kangning Medical Supplies Ltd, Guangzhou Wanhe Plastic Materials Co. Ltd, and other.
Regional Outlook
In the current scope of the study, regionally, the market of breast reconstruction and augmentation market has covered significant regions of North America, Europe, Asia Pacific, and the Middle East & Africa.
Among them, North America accounts for the largest regional market by observing an increasing number of cosmetic procedures that are performed annually, rising number of clinics coupled with the wide availability of skilled specialists in breast implantation field. On the other hand, several leading and new players are active as they are focusing more on research and development activities to include various new technologies to overcome issues in existing implants. Such event was observed in September 2016, when Allergen received the US FDA approval to market NATRELLE INSPIRA, a consistent breast implant as its newest category into gummy implants to increase breast fullness.
Next is the Europe region, which is anticipated to embrace the second largest market for breast implants during the forecast period. According to Statista, 48,240 silicone type breast augmentation surgeries performed in Italy in 2017 was.
Due to the reduced cost of implantation operations and rising medical tourism in nations like India, China, and other South-East Asian economies, the Asia-Pacific area is also expected to experience stronger growth. According to IndiCure Health Tours Pvt. Ltd, a consulting firm for Indian Medical Tours, breast implant surgeries in India can be had for approximately a third of the price of equivalent treatments in the US.
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