Breast Implant Market Report
RA00041
Breast Implant Market by Product (Saline Implant and Silicone Implant), Shape (Anatomical and Round), Texture (Smooth and Textured), Application (Breast Reconstruction and Breast Augmentation), End Use (Clinics, Hospitals, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2031
Global Breast Implant Market Analysis
The Global Breast Implant Market size was $ 1,825.0 million in 2021 and is predicted to grow with a CAGR of 9.4%, by generating a revenue of $ 4,453.0 million by 2031.
Global Breast Implant Market Synopsis
Breast implant is one of the most popular plastic surgery procedures used for breast augmentation or reconstruction. Breast implantation is performed for a variety of reasons, including for women who have had a mastectomy (breast removal due to cancer), for women whose breast size has decreased due to pregnancy, weight loss, or ageing, for women whose breasts are asymmetrical, and for women who want to improve their self-esteem and body image. Recent technological developments aimed at improving procedure accuracy and the rise in prevalence of various types of plastic surgery has boosted product adoption.
The increased incidence of breast cancer worldwide is one of the key factors boosting the global breast implant market share growth. A further factor driving market expansion is women's growing tendency toward and awareness of breast augmentation and reconstructive procedures for beauty enhancement. The market is primarily being driven by the increase in breast surgeries worldwide. The demand for breast implantation and enlargement has increased owing to people's desire to look beautiful and their willingness to spend money to do so, particularly those who belong to elite groups. The U.S., Brazil, and Mexico have the highest rates of breast implant surgeries. The International Society of Aesthetic Plastic Surgery estimates that more than 1.86 million breast augmentation procedures were carried out worldwide in 2018. This is anticipated to probably accelerate the market's growth in the estimated period.
The risks associated with breast implants, such as breast pain, changes in the nipple, additional surgeries, breast implants associated anaplastic large cell lymphoma (BIA-ALCL), connective tissue disease, issues in breast feeding, and capsular contracture factors, are expected to hinder the global breast implants market growth over the forecast period.
The future of the global breast implant market opportunity is bullish, owing to the increase in research and development activities for faster recovery and less post-operative pain suffered by the patient. In May 2022 (Dublin, Ireland), GC Aesthetics, Inc. (GCA), a private medical technology company that offers health aesthetic solutions, announced the launch of FixNip, an advanced NAC (nipple areola complex) reconstruction implant. This innovative medical product, which meets a well-known clinical need demonstrates a high level of patient satisfaction with a minimum of patient down time and an excellent safety profile, will help many women all over the world.
According to regional analysis, the North American breast implant market accounted for a dominant share in 2021. This can be attributed to the increase in number of breast augmentation procedures in the region. Furthermore, the accelerating adoption of cosmetic procedures will further augment the region’s market growth.
Breast Implant Overview
Breast implants are made up of silicone shells filled with silicone gel or saline, i.e., sterile salt water. Breast augmentation surgery, also known as mammoplasty, uses breast implants that are artificial devices (prostheses) which are surgically inserted into the breast. Increase in breast implant surgeries can be owed to various reasons such as restoring a previous breast size, correcting asymmetrical breasts, and restoring breasts after mastectomy (breast removal).
COVID-19 Impact on Global Breast Implant Market
The COVID-19 pandemic has disrupted the world's healthcare sector. The pandemic's effects are felt strongly in the medical equipment industry, with both ups and downs. On one hand, the demand for ventilators and PPE kits has skyrocketed. On the other hand, the demand curve for medical equipment, including implants, injectables, and stents has declined. Disruptions in the supply chain and the cancellation or postponement of elective surgery are key components of this scenario.
The pandemic has had a significant impact on the cosmetics industry. The load on medical staff increased because of the rise in coronavirus cases. As a result, resources from all disciplines and departments, including ICUs, hospital beds, ventilators, and other medical equipment, were reassigned to the care of COVID-19 patients. As a result, all elective and non-essential operations have been put off by the governments of numerous nations. Cosmetic procedures such as breast enlargement are all delayed or cancelled since they fall under the “non-essential" category of elective treatment.
For instance, the National Health Service postponed 2 million planned surgeries to free up hospital beds. In March 2020, the Centers for Medicare & Medicaid Services issued guidance to limit the elective surgeries in the U.S. Besides this, cosmetic surgeons decided to avoid breast enlargement surgeries owing to the risk of spreading coronavirus infection as the patient will have a weak immune system. This has dramatically declined the demand for both silicone and saline implants.
Rise in Prevalence of Breast Cancer Worldwide is One of the Significant Factors Driving the Growth of the Breast Implant Market
According to WHO, in 2021, breast cancer surpassed lung cancer and became the most diagnosed cancer worldwide. In 2020, around 2.3 million women were diagnosed with breast cancer, and 685,000 of them died globally. While, in Asian women, the breast cancer prevalence was so high that it accounted for 22.9% of the total cancer cases in women in 2020. As of January 2022, there were more than 3.8 million women in the U.S. with a history of breast cancer. This includes women currently being treated and women who have finished treatment. As of 2021, breast cancer was the most common cancer worldwide, accounting for 12% of all new cancer cases worldwide. Thus, growing breast cancer cases worldwide has increased the demand for breast reconstruction or breast augmentation. This factor is anticipated to have an accelerating growth of global breast implant market share growth in the coming years.
Risk of BIA-ALCL to Hamper the Global Breast Implant Market Growth
One of the prominent reasons hampering the breast implant market is the risk of breast implant associated anaplastic large cell lymphoma (BIA-ALCL). BIA-ALCL, is a type of T-cell lymphoma that usually develops around the tissue surrounding the breast implant. Many products are recalled from the market due to this factor. In September 2019, Allergan, currently acquired by AbbVie, recalled Natrelle BIOCELL Textured Products from the market. Furthermore, the incidence of implant ruptures and safety concerns among women has made the government re-evaluate the manufacturer’s products. The aforementioned factors are expected to restrain market growth.
Rising Awareness Among Women and Beauty Consciousness are Expected to Propel the Market in Future
Increase in inclination and awareness of women worldwide toward breast augmentation and reconstruction procedures for beauty enhancement is contributing to the growth of global breast implant market trend. For example, as per the 2020 International Society for Aesthetic Plastic Surgeons (ISAPS) statistics, breast augmentation remained the most common surgical procedure, accounting for16% of all procedures. Furthermore, the desire among several women to have a celebrity look in many countries such as Japan, China, and South Korea is anticipated to fuel market growth. The introduction of new innovative products by the major companies with the goal of capturing most of market share, as well as technological advancements to provide a visualisation experience, are expected to boost global breast implant market growth.
Global Breast Implant Market, by Product
Based on product, the market has been divided into saline implant and silicone implant. Among these, the silicone implants sub-segment is expected to dominate the global market throughout the forecast period and to grow at the fastest rate.
Global Breast Implant Market Share, by Product, 2021
The silicone implants sub-segment dominated the global breast implant market in 2021. This type of implant can replicate the natural breast and is lightweight. This will significantly increase the preference over other types. The filling consistency of silicone implants is more viscous or thick than that of saltwater saline implants. More patients prefer the natural softness of silicone. Meanwhile, because saline implants do not feel as natural, women with little natural breast tissue may find it challenging to cover the implant. These implants have the capability to be filled at the time of implant procedure and also provide adjustable flexibility as required. Moreover, there will be a reduction in wrinkling, which will further impel the growth of this segment in the forecast timeline.
Global Breast Implant Market, by Shape
Based on shape, the market has been divided into anatomical and round. Among these, the round breast implant sub-segment is predicted to be the most dominant and fastest growing in the predicted years.
Global Breast Implant Market Share, by Shape, 2021
The round breast implants sub-segment dominated the global breast implant market in 2021. The high revenue size will be due to the implants’ ability to properly arrange for the creation of a proportioned breast shape. Furthermore, these products are available in an extensive range of diameters and degrees of projection, which enhances the greater flexibility feature, which will further enhance the demand. Thus, this sub-segment will show lucrative growth in upcoming years.
Global Breast Implant Market, by Texture
Based on application, the market has been divided into breast smooth and textured. Among these, the smooth sub-segment is predicted to be the most dominant and textured sub-segment is likely to have the fastest growth in the predicted years.
Global Breast Implant Market Share, by Texture 2021
The smooth sub-segment dominated the global breast implant market trend in 2021. Smooth breast implants have a natural sleek feel. Smooth implants offer improved coverage because of breakthroughs in silicone technology and plastic surgery methods. Compared to textured implant models, there is a much lower risk of visibility and capsular contracture. Smooth implants can move around inside the capsule, but they don't vary their appearance the way textured implants can.
Global Breast Implant Market, by Application
Based on application, the market has been divided into breast reconstruction and breast augmentation. Among these, the breast augmentation sub-segment is predicted to be the most dominant and fastest growing in the predicted years.
Global Breast Implant Market Share, by Application 2021
The breast augmentation sub-segment will dominate the global market in 2021. Breast augmentation procedures are anticipated to witness robust growth during the projected period, owing to a significant increase in the number of women choosing this procedure. Product demand will be boosted further in the coming years by features such as short procedure duration and less involvement of complications.
Global Breast Implant Market, by End Use
Based on end-use, the market has been divided into clinics, hospitals and others. Among these clinics, one will dominate the market with the highest revenue at the end of the forecast year.
Global Breast Implant Market Share, by End Use 2021
The clinics end-use sub-segment will dominate the market with the highest revenue in 2021. Rise in number of private clinics, coupled with the increasing number of plastic surgeons, will enhance the growth of this segment. The clinics are highly equipped with the latest technology that conducts the breast implant procedures in a very short time span, as preferred by the majority of patients, and this is expected to drive the demand for these procedures over the coming years. Moreover, the availability of advanced products and skilled resources will increase the adoption of breast implantation processes at the clinics and thereby enhance the global breast implant market revenue generated through the clinics in the forthcoming period.
Global Breast Implant Market, Regional Insights
The Breast Implant Market was investigated across North America, Europe, Asia-Pacific, and LAMEA.
Global Breast Implant Market Size & Forecast, by Region, 2021-2031 (USD Million)
Source: Research Dive Analysis
The Market for Breast Implants in North America to be the Most Dominant
The North America Breast Implant Market accounted for highest share in 2021. The high share attained by this region can be largely attributed to the rise in the number of breast augmentation procedures. Furthermore, the accelerating adoption of cosmetic procedures will further augment the region’s market growth. Moreover, the availability of reimbursement policies with respect to breast reconstruction is further boosting the North American breast reconstruction market. In the last two decades, there has been a significant rise in the incidence rate of breast cancer. For instance, according to Cancer.net, since the middle of the 2000s, the incidence of invasive breast cancer in women has increased by about 0.5 percent annually. Additionally, 287,850 women in the United States are anticipated to receive an invasive breast cancer diagnosis in 2022. Another factor driving the North American breast implant market is the increasing acceptance of breast reconstruction procedures. For instance, according to the American Society of Plastic Surgeons, there were 137,808 total breast reconstruction operations in 2020, which is 750% more than in 2000. Thus, a rise in demand for breast reconstruction procedures may boost the North America breast reconstruction market during the forecast period.
Competitive Scenario in the Global Breast Implants Market
Mergers & acquisition and technological advancements in the product are the strategies adopted by key players in the market. For instance, Sientra, the market leader in best breast implants, recently introduced a new round implant filled with high-strength cohesive+ (HSC+) silicone gel. Until recently, this dense silicone gel was only available in teardrop-shaped implants. Now women who prefer a round implant can also enjoy some of benefits of HSC+, like less visible wrinkling, a lower rate of capsular contracture, and a similar feel to natural breast tissue.
Source: Research Dive Analysis
Some of the leading breast implant market players are Groupe Sebbin, Allergan, Mentor Worldwide LLC, GC Aesthetics, Laboratoires Arion, Sientra Inc., Hansbiomed Co. Ltd., CEREPLAS, Silimed, and Groupe Sebbin SAS
Aspect | Particulars |
Historical Market Estimations | 2020 |
Base Year for Market Estimation | 2021 |
Forecast Timeline for Market Projection | 2022-2031 |
Geographical Scope | North America, Europe, Asia-Pacific, LAMEA |
Segmentation by Product |
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Segmentation by Shape |
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Segmentation by Texture |
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Segmentation by Application |
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Segmentation by End-use Industry |
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Key Companies Profiled |
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Q1. What is the size of the global breast implant market?
A. The Global Breast Implant Market size was $ 1,825.0 million in 2021 and is predicted to grow with a CAGR of 9.2%, by generating a revenue of $ 4,453.0 million by 2031.
Q2. Which are the major companies in the breast implant market?
A. Sebbin, Allergan, Mentor Worldwide LLC, GC Aesthetics, Laboratories Arion, Sientra Inc., Hansbiomed, CEREPLAS, SILIMED, and Groupe Sebbin SAS,
Q3. Which region, among others, possesses greater investment opportunities in the near future?
A. North America possesses great investment opportunities for investors to witness the most promising growth in the future.
Q4. What will be the growth rate of the LAMEA breast implant market?
A. LAMEA Breast Implant Market is anticipated to grow at 9.6 % CAGR during the forecast period.
Q5. What are the strategies opted by the leading players in this market?
A. The two primary strategies employed by the operating companies in this market are mergers and acquisitions and technological advancements.
1.Research Methodology
1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters
1.5.Market size estimation
1.5.1.Top-down approach
1.5.2.Bottom-up approach
2.Report Scope
2.1.Market definition
2.2.Key objectives of the study
2.3.Report overview
2.4.Market segmentation
2.5.Overview of the impact of COVID-19 on Global breast implant market
3.Executive Summary
4.Market Overview
4.1.Introduction
4.2.Growth impact forces
4.2.1.Drivers
4.2.2.Restraints
4.2.3.Opportunities
4.3.Market value chain analysis
4.3.1.List of raw material suppliers
4.3.2.List of manufacturers
4.3.3.List of distributors
4.4.Innovation & sustainability matrices
4.4.1.Technology matrix
4.4.2.Regulatory matrix
4.5.Porter’s five forces analysis
4.5.1.Bargaining power of suppliers
4.5.2.Bargaining power of consumers
4.5.3.Threat of substitutes
4.5.4.Threat of new entrants
4.5.5.Competitive rivalry intensity
4.6.PESTLE analysis
4.6.1.Political
4.6.2.Economical
4.6.3.Social
4.6.4.Technological
4.6.5.Environmental
4.7.Impact of COVID-19 on breast implant market
4.7.1.Pre-covid market scenario
4.7.2.Post-covid market scenario
5.Breast Implant Market Analysis, by Product
5.1.Overview
5.2.Saline Implant
5.2.1.Definition, key trends, growth factors, and opportunities
5.2.2.Market size analysis, by region
5.2.3.Market share analysis, by country
5.3.Silicone Implant
5.3.1.Definition, key trends, growth factors, and opportunities
5.3.2.Market size analysis, by region
5.3.3.Market share analysis, by country
5.4.Research Dive Exclusive Insights
5.4.1.Market attractiveness
5.4.2.Competition heatmap
6.Breast Implant Market Analysis, by Shape
6.1.Anatomical
6.1.1.Definition, key trends, growth factors, and opportunities
6.1.2.Market size analysis, by region
6.1.3.Market share analysis, by country
6.2.Round
6.2.1.Definition, key trends, growth factors, and opportunities
6.2.2.Market size analysis, by region
6.2.3.Market share analysis, by country
6.3.Research Dive Exclusive Insights
6.3.1.Market attractiveness
6.3.2.Competition heatmap
7.Breast Implant Market Analysis, by Texture
7.1.Smooth
7.1.1.Definition, key trends, growth factors, and opportunities
7.1.2.Market size analysis, by region
7.1.3.Market share analysis, by country
7.2. Textured
7.2.1.Definition, key trends, growth factors, and opportunities
7.2.2.Market size analysis, by region
7.2.3.Market share analysis, by country
7.3.Research Dive Exclusive Insights
7.3.1.Market attractiveness
7.3.2.Competition heatmap
8.Breast Implant Market Analysis, by Application
8.1.Breast Reconstruction
8.1.1.Definition, key trends, growth factors, and opportunities
8.1.2.Market size analysis, by region
8.1.3.Market share analysis, by country
8.2.Breast Augmentation
8.2.1.Definition, key trends, growth factors, and opportunities
8.2.2.Market size analysis, by region
8.2.3.Market share analysis, by country
8.3.Research Dive Exclusive Insights
8.3.1.Market attractiveness
8.3.2.Competition heatmap
9.Breast Implant Market Analysis, by End-use
9.1.Clinics
9.1.1.Definition, key trends, growth factors, and opportunities
9.1.2.Market size analysis, by region
9.1.3.Market share analysis, by country
9.2.Hospitals
9.2.1.Definition, key trends, growth factors, and opportunities
9.2.2.Market size analysis, by region
9.2.3.Market share analysis, by country
9.3.Others
9.3.1.Definition, key trends, growth factors, and opportunities
9.3.2.Market size analysis, by region
9.3.3.Market share analysis, by country
9.4.Research Dive Exclusive Insights
9.4.1.Market attractiveness
9.4.2.Competition heatmap
10.Breast Implant Market, by Region
10.1.North America
10.1.1.U.S.
10.1.1.1.Market size analysis, by Product
10.1.1.2.Market size analysis, by Shape
10.1.1.3.Market size analysis, by Texture
10.1.1.4.Market size analysis, by Application
10.1.1.5.Market size analysis, by End-use
10.1.2.Canada
10.1.2.1.Market size analysis, by Product
10.1.2.2.Market size analysis, by Shape
10.1.2.3.Market size analysis, by Texture
10.1.2.4.Market size analysis, by Application
10.1.2.5.Market size analysis, by End-use
10.1.3.Mexico
10.1.3.1.Market size analysis, by Product
10.1.3.2.Market size analysis, by Shape
10.1.3.3.Market size analysis, by Texture
10.1.3.4.Market size analysis, by Application
10.1.3.5.Market size analysis, by End-use
10.1.4.Research Dive Exclusive Insights
10.1.4.1.Market attractiveness
10.1.4.2.Competition heatmap
10.2.Europe
10.2.1.Germany
10.2.1.1.Market size analysis, by Product
10.2.1.2.Market size analysis, by Shape
10.2.1.3.Market size analysis, by Texture
10.2.1.4.Market size analysis, by Application
10.2.1.5.Market size analysis, by End-use
10.2.2.UK
10.2.2.1.Market size analysis, by Product
10.2.2.2.Market size analysis, by Shape
10.2.2.3.Market size analysis, by Texture
10.2.2.4.Market size analysis, by Application
10.2.2.5.Market size analysis, by End-use
10.2.3.France
10.2.3.1.Market size analysis, by Product
10.2.3.2.Market size analysis, by Shape
10.2.3.3.Market size analysis, by Texture
10.2.3.4.Market size analysis, by Application
10.2.3.5.Market size analysis, by End-use
10.2.4.Spain
10.2.4.1.Market size analysis, by Product
10.2.4.2.Market size analysis, by Shape
10.2.4.3.Market size analysis, by Texture
10.2.4.4.Market size analysis, by Application
10.2.4.5.Market size analysis, by End-use
10.2.5.Italy
10.2.5.1.Market size analysis, by Product
10.2.5.2.Market size analysis, by Shape
10.2.5.3.Market size analysis, by Texture
10.2.5.4.Market size analysis, by Application
10.2.5.5.Market size analysis, by End-use
10.2.6.Rest of Europe
10.2.6.1.Market size analysis, by Product
10.2.6.2.Market size analysis, by Shape
10.2.6.3.Market size analysis, by Texture
10.2.6.4.Market size analysis, by Application
10.2.6.5.Market size analysis, by End-use
10.2.7.Research Dive Exclusive Insights
10.2.7.1.Market attractiveness
10.2.7.2.Competition heatmap
10.3.Asia Pacific
10.3.1.China
10.3.1.1.Market size analysis, by Product
10.3.1.2.Market size analysis, by Shape
10.3.1.3.Market size analysis, by Texture
10.3.1.4.Market size analysis, by Application
10.3.1.5.Market size analysis, by End-use
10.3.2.Japan
10.3.2.1.Market size analysis, by Product
10.3.2.2.Market size analysis, by Shape
10.3.2.3.Market size analysis, by Texture
10.3.2.4.Market size analysis, by Application
10.3.2.5.Market size analysis, by End-use
10.3.3.India
10.3.3.1.Market size analysis, by Product
10.3.3.2.Market size analysis, by Shape
10.3.3.3.Market size analysis, by Texture
10.3.3.4.Market size analysis, by Application
10.3.3.5.Market size analysis, by End-use
10.3.4.Australia
10.3.4.1.Market size analysis, by Product
10.3.4.2.Market size analysis, by Shape
10.3.4.3.Market size analysis, by Texture
10.3.4.4.Market size analysis, by Application
10.3.4.5.Market size analysis, by End-use
10.3.5.South Korea
10.3.5.1.Market size analysis, by Product
10.3.5.2.Market size analysis, by Shape
10.3.5.3.Market size analysis, by Texture
10.3.5.4.Market size analysis, by Application
10.3.5.5.Market size analysis, by End-use
10.3.6.Rest of Asia Pacific
10.3.6.1.Market size analysis, by Product
10.3.6.2.Market size analysis, by Shape
10.3.6.3.Market size analysis, by Texture
10.3.6.4.Market size analysis, by Application
10.3.6.5.Market size analysis, by End-use
10.3.7.Research Dive Exclusive Insights
10.3.7.1.Market attractiveness
10.3.7.2.Competition heatmap
10.4.LAMEA
10.4.1.Brazil
10.4.1.1.Market size analysis, by Product
10.4.1.2.Market size analysis, by Shape
10.4.1.3.Market size analysis, by Texture
10.4.1.4.Market size analysis, by Application
10.4.1.5.Market size analysis, by End-use
10.4.2.Saudi Arabia
10.4.2.1.Market size analysis, by Product
10.4.2.2.Market size analysis, by Shape
10.4.2.3.Market size analysis, by Texture
10.4.2.4.Market size analysis, by Application
10.4.2.5.Market size analysis, by End-use
10.4.3.UAE
10.4.3.1.Market size analysis, by Product
10.4.3.2.Market size analysis, by Shape
10.4.3.3.Market size analysis, by Texture
10.4.3.4.Market size analysis, by Application
10.4.3.5.Market size analysis, by End-use
10.4.4.South Africa
10.4.4.1.Market size analysis, by Product
10.4.4.2.Market size analysis, by Shape
10.4.4.3.Market size analysis, by Texture
10.4.4.4.Market size analysis, by Application
10.4.4.5.Market size analysis, by End-use
10.4.5.Rest of LAMEA
10.4.5.1.Market size analysis, by Product
10.4.5.2.Market size analysis, by Shape
10.4.5.3.Market size analysis, by Texture
10.4.5.4.Market size analysis, by Application
10.4.5.5.Market size analysis, by End-use
10.4.6.Research Dive Exclusive Insights
10.4.6.1.Market attractiveness
10.4.6.2.Competition heatmap
11.Competitive Landscape
11.1.Top winning strategies, 2021
11.1.1.By strategy
11.1.2.By year
11.2.Strategic overview
11.3.Market share analysis, 2021
12.Company Profiles
12.1.Sebbin
12.1.1.Overview
12.1.2.Business segments
12.1.3.Product portfolio
12.1.4.Financial performance
12.1.5.Recent developments
12.1.6.SWOT analysis
12.2.Allergan
12.2.1.Overview
12.2.2.Business segments
12.2.3.Product portfolio
12.2.4.Financial performance
12.2.5.Recent developments
12.2.6.SWOT analysis
12.3.Mentor Worldwide LLC
12.3.1.Overview
12.3.2.Business segments
12.3.3.Product portfolio
12.3.4.Financial performance
12.3.5.Recent developments
12.3.6.SWOT analysis
12.4.GC Aesthetics
12.4.1.Overview
12.4.2.Business segments
12.4.3.Product portfolio
12.4.4.Financial performance
12.4.5.Recent developments
12.4.6.SWOT analysis
12.5.Sientra Inc.
12.5.1.Overview
12.5.2.Business segments
12.5.3.Product portfolio
12.5.4.Financial performance
12.5.5.Recent developments
12.5.6.SWOT analysis
12.6.Hansbiomed
12.6.1.Overview
12.6.2.Business segments
12.6.3.Product portfolio
12.6.4.Financial performance
12.6.5.Recent developments
12.6.6.SWOT analysis
12.7.CEREPLAS
12.7.1.Overview
12.7.2.Business segments
12.7.3.Product portfolio
12.7.4.Financial performance
12.7.5.Recent developments
12.7.6.SWOT analysis
12.8.SILIMED
12.8.1.Overview
12.8.2.Business segments
12.8.3.Product portfolio
12.8.4.Financial performance
12.8.5.Recent developments
12.8.6.SWOT analysis
12.9.Groupe Sebbin SAS
12.9.1.Overview
12.9.2.Business segments
12.9.3.Product portfolio
12.9.4.Financial performance
12.9.5.Recent developments
12.9.6.SWOT analysis
12.10.Laboratories Arion
12.10.1.Overview
12.10.2.Business segments
12.10.3.Product portfolio
12.10.4.Financial performance
12.10.5.Recent developments
12.10.6.SWOT analysis
13.Appendix
13.1.Parent & peer market analysis
13.2.Premium insights from industry experts
13.3.Related reports
One of the most common and trending cosmetic surgery today is the breast implant surgery. Women are becoming more aware of their body types as society continues to modernise. A decent figure is the most valuable jewellery that every woman aspires to have. A good bust boosts a woman's self-confidence. Breast implant surgery or breast augmentation surgery helps in boosting the appearance of the female breast.
A breast implant is composed of silicon shells that are either filled with sterile salt water (saline) or silicone gel. Breast implant surgery is intended for those females who want to improve their appearance and make themselves more beautiful. It refers to the body contouring process that results in an increase in the size of the female breast based on her desires. Breast implants are man-made objects that are surgically inserted into the breast during mammoplasty, a procedure for increasing the breast. Breast implantation is carried out for a number of reasons, including for women whose breast size has decreased owing to pregnancy, who has a mastectomy, whose breast is asymmetrical, aging, and weight loss. The global breast implant market is ageing at a rapid pace due to a growth in the female population’s demand for enhancing their visual appeal.
Newest Insights in the Breast Implant Market
The growing occurrence of breast cancer among females and the increase in inclination and consciousness towards breast reconstruction and augmentation procedures for beauty enhancement have boosted the demand for breast implants. As per a report by Research Dive, the global breast implant market is expected to surpass a revenue of $4,453.0 million in the 2022-2031 timeframe. The North America breast implant market is expected to perceive foremost and dominant growth in the years to come. This is because of the rise in the adoption of cosmetic procedures and the increase in the number of breast augmentation surgeries in the region.
How are Market Players Responding to the Rising Demand for Breast Implant?
Market players are greatly investing in pioneering research and inventions to cater for the growing demand for breast implant techniques. Some of the foremost players in the breast implant market are Allergan, Groupe Sebbin, GC Aesthetics, Mentor Worldwide LLC, Laboratoires Arion, Hansbiomed Co. Ltd., Sientra Inc., CEREPLAS, Groupe Sebbin SAS, Silimed, and others. These players are focused on planning and devising tactics such as mergers and acquisitions, collaborations, novel advances, and partnerships to reach a notable position in the global market.
For instance,
- In October 2021, AbVie's Allergan Aesthetics, an American publicly traded biopharmaceutical firm, launched a new breast cancer awareness campaign called "Power of You" that emphasizes breast reconstruction.
- In May 2021, GC Aesthetics, Inc. (GCA), a privately held medical technology firm that provides aesthetic solutions to worldwide healthcare industries, announced the launch of PERLE, a newest generation of breast implants.
- In June 2022, Coll Plant, a regenerative and aesthetic medicine firm emerging with advanced products and technologies for tissue regeneration and organ manufacturing, announced the start of a study in large animals to address breast reconstruction needs with its 3D bio-printed regenerative breast implant program.
COVID-19 Impact on the Global Breast Implant Market
The unpredicted rise of the coronavirus pandemic in 2020 has adversely impacted the global breast implant market. The pandemic's impacts are significantly experienced in the medical equipment sector, with both ups and downs. The key reasons behind this scenario are supply chain disruptions and the cancellation or postponement of elective surgery. The cosmetics sector has also been greatly affected by the pandemic. The growth in coronavirus patients is increasing the work for medical personnel. As a result, resources from all disciplines and departments, including ventilators, hospital beds, ICUs, and other medical equipment, were moved to the care of COVID-19 patients. The governments of many countries have postponed all elective and non-essential procedures. Cosmetic procedures like breast enlargement were cancelled or postponed as they come under the “non-essential" category of elective treatment. However, after the relaxation of the Covid-19 pandemic since the end of 2021, interest in and demand for breast implants has globally increased.
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