The
global Breast
Reconstruction Market size
is expected to reach USD 3.8 billion by 2026, according to a new report by
Grand View Research, Inc. It is projected to expand at a CAGR of 6.9% during
the forecast period. Rising prevalence of breast cancer, cases of breast
reconstruction procedures, and introduction of technologically advanced
products are the key driving factors for the growth.
Increasing
incidence of breast cancer across the globe is one of the key driving factors
for the market growth. According to the Breast Cancer Research Foundation
(BCRF), breast cancer is considered as the most common type of cancer among
American women after skin cancer. Such high incidence in U.S. has resulted in
an increased number of mastectomy and lumpectomy procedures, which boosts the
demand for breast implants and tissue expanders.
According
to the American Cancer Society, Cancer Facts & Figures 2015, BCRF also
estimated that over 40,290 women may die due to breast cancer. Prevention of
breast cancer involves mastectomy, which requires removal of the entire organ.
Breast reconstruction helps restore the shape of the breast, thereby enhancing
the quality of a patient’s life. It basically involves rebuilding the shape of
the removed breast. Thus, high prevalence of breast cancer and growing number of
mastectomies are the major factors anticipated to drive the demand for breast
reconstruction procedures, thereby propelling the market growth over the
forecast period.
Browse
Details of Report @ https://www.grandviewresearch.com/industry-analysis/breast-reconstruction-market
Further key
findings from the report suggest:
- In terms of revenue, breast implants
segment held the largest market share in 2018 and is expected to witness
the fastest CAGR over the forecast period owing to the rising
consciousness towards physical appearance and increasing disposable income
in the developed and developing countries
- Anatomical breast implants is expected
to witness the fastest CAGR over the forecast period owing to the
increasing incidence of breast cancer across the globe
- Hospital segment held the largest market
share in 2018 due to the rising cases of breast reconstruction surgeries
- Asia Pacific breast reconstruction
market is expected to witness the fastest CAGR over the forecast period
owing to the rising number of surgical procedures in this region
- Prominent market players are Mentor
Worldwide LLC; Allergan Inc.; Sientra, Inc.; Ideal Implant Incorporated;
Establishment Labs S.A.; and POLYTECH Health & Aesthetics GmbH
About
Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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