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Breast Implant Market size to surpass $6 bn by 2030
- Published Date: October 26, 2022
Breast Implant Market size is slated to exceed USD 6 billion by 2030, according to a new research report by Global Market Insights Inc.
Surging incidences of breast cancer are likely to be a major contributor to positively influencing the industry landscape. Most women with breast cancer undergo some sort of breast surgery, either lumpectomy or mastectomy, as part of their treatment.
This has resulted in an escalated number of breast reconstruction and augmentation procedures to reshape and rebuild damaged or missing breast tissues, augmenting the demand for breast implants in the coming eight years. Breast implantation surgeries involve several complications and risks, such as infection, breast pain, implant rupture or leakage, changes in breast sensation, etc., that may hamper their adoption in the forthcoming years.
Saline implant segment to drive lucrative growth due to no involvement of associated health risks
Breast implant market from saline breast implant segment is anticipated to corss USD 955 million by 2030. The implantation procedure of saline breast implants requires a smaller incision and offers better affordability and flexibility with respect to size. These implants do not cause any health risk in case of rupture or leakage, fostering their adoption in breast surgeries over their silicone counterparts.
Natural shape and appearance to foster the adoption of anatomical implants
Anatomical breast implants segment drove revenues of over USD 355 million in 2021. Anatomical implants or teardrop implants have a number of benefits in breast augmentation and reconstruction procedures. These implants have more fullness towards the bottom than at the top and mimic the natural appearance of a breast, bolstering their demand over the coming years.
Browse key industry insights spread across 196 pages with 277 market data tables & 27 figures & charts from the report, “Breast Implant Market Size By Product (Saline Implant, Silicone Implant), By Shape (Round, Anatomical), By Application (Breast Augmentation, Breast Reconstruction), By Texture (Smooth, Textured), By End-use (Hospitals, Clinics), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/breast-implants-market
Surging lumpectomy procedures to fuel market size for breast reconstruction applications
Breast implant market from breast reconstruction segment held 13% revenue share in 2021 and is likely to depict a noticeable growth rate between 2022 and 2030. The surging incidences of breast cancer, coupled with the favorable government initiatives aimed at creating disease awareness, will create optimistic scenarios for the breast implant industry. Based on analyses by Breastcancer.org, breast cancer is one of the most prevalent forms of cancer in American women. Nearly 30% of the newly diagnosed cancer cases in 2022.
Longer lifespan and cost-effective benefits to boost the market forecasts
Breast Implant Market from smooth breast implant segment is projected to exceed USD 4 billion by 2030. Smooth breast implants are considered suitable for women with flat, saggy, and small breasts, offer a more natural appearance, and do not have any cancer history associated with them. The increased affordability and long-lasting attributes of smooth breast implants make them a preferred alternative to textured implants, streamlining the segment expansion.
Availability of advanced equipment to help clinics gain appreciable revenue
Clinics segment is projected to surpass USD 2.5 billion by 2030. Clinical settings have the availability of a variety of cosmetic surgical procedures along with a diverse range of technological equipment. This leads to better surgical outcomes and lesser post-procedural complications. The increasing efforts to improve the quality of treatment across these establishments at affordable prices will aid the segment growth.
Surging mastectomy surgeries to bolster busniess landscape across Europe
Europe breast implant market is predicted to witness 7.5% CAGR through 2030, owing to the presence of leading industry giants and surging incidences of breast cancer. The increasing number of mastectomy and breast enhancement procedures will stimulate the regional outlook in the foreseeable future.
Product innovations to strengthen the competitive outlook
Notable players in the breast implant market include AbbVie, Mentor Worldwide (Johnson & Johnson), Sientra, Inc., and Establishment Labs, among others. These companies have been focusing on launching new products as part of their key growth strategy.
For instance, in May 2022, GC Aesthetics, Inc. introduced FixNip NRI, an Innovative Nipple Areola Complex (NAC) Reconstruction Implant, and announced its partnership with FixNip LTD. The alliance aims to commercialize FixNip's product in major European territories following its launch in Latin America, Central Europe, and Asia.