The global breast implants Market is estimated to be valued at US$ 1,299.9 Mn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Breast implants are medical devices that are inserted surgically to augment or reconstruct the breast. They are made from silicone and are filled with either saline or silicone gel. Breast implants are widely used for breast augmentation procedures to enhance the size and appearance of the breasts.
Market key trends:
One of the key trends in the breast implants market is the rising popularity of gummy bear breast implants. Gummy bear breast implants have a slightly irregular, less defined shape as compared to round breast implants. The implant resembles the shape of a gummy bear candy. This style of implant is gaining traction as it aims to provide a more natural looking breast appearance post-implantation. Some other benefits of gummy bear implants include adjustability in shape, less chances of rippling or wrinkling, and an overall softer feel that provides a natural movement similar to breast tissues.
Segment Analysis
The breast implants market is segmented into silicone and saline implants. Among these, silicone breast implants dominate the market and account for over 75% of the total market share. Silicone breast implants offer a more natural feel and look compared to saline implants. However, they are costlier than saline implants.
Key Takeaways
The global breast implants market is expected to witness high growth, exhibiting CAGR of 4.2% over the forecast period, due to increasing breast augmentation and reconstruction procedures.
Regional analysis
North America dominates the global breast implants market and is expected to continue its dominance over the forecast period. This is attributed to the growing number of breast augmentation procedures performed in the US. Asia Pacific is expected to be the fastest growing market for breast implants, owing to increasing medical tourism and rising medical expenditure in countries like China and India.
Key players
Key players operating in the breast implants market are Abbvie, Inc, CEREPLAS, Establishment Labs S.A., GC Aesthetics, GROUPE SEBBIN SAS, Guangzhou Wanhe Plastic Materials Co., Ltd., HansBiomed Co., Ltd., Ideal Implant Inc, Laboratoires Anios, Mentor Worldwide LLC, Polytech Health & Aesthetics GmbH, Shanghai Kangning Medical Device Co., Ltd, Sientra, Inc., and Silimed. These players are focusing on new product launches and geographical expansion to increase their market share.
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