Tuesday 22 November 2022

Breast Implants Market is Projected to Register 7.4% CAGR till 2030

 The global Breast Implants Market size is anticipated to reach USD 4.11 billion by 2030, expanding at a CAGR of 7.4%, according to a new report by Grand View Research, Inc. increasing focus on the enhancement of physical appearance has led to the growth of the market.

Breast reconstructions are being highly adopted by women to enhance their physical appearance. This kind of surgery involves esthetic repair of any damage taking place after the implantation procedure.

Breast implants are used post mastectomy to enhance the esthetic appeal. Breast augmentation is another procedure requiring the application of these implants. Esthetic appeal plays an important role in increasing the demand for these procedures, thereby, making the cosmetic industry lucrative for the target population.

The COVID pandemic has had a significant impact on the aesthetic market. The increased prevalence of coronavirus cases had put a greater strain on medical personnel. As a result, facilities such as ICUs, surgical units, ventilators, hospital beds, and certain other surgical equipment have been reallocated from all disciplines and divisions to treat COVID-19 patients. As a result, governments in some countries have chosen to hold all non-essential & elective surgeries. Cosmetic procedures such as breast enhancement, cheek augmentation, dermal fillers, and others are all postponed or canceled as they were considered "non-essential" elective procedures. For instance, to create extra inpatient beds, the NHS, postponed 2 million planned procedures. The Medicare and Medicaid Services announced guidelines in March 2020 to limit elective operations in the U.S.

In May 2022. (Dublin, Ireland), GC Aesthetics, Inc. (GCA), a private medical technology organization that provides Health Aesthetic Solutions announced a launch of an advanced NAC (Nipple Areola Complex) reconstruction implant called FixNip. Many women around the world will receive support from this unique medical product, which addresses a well-known clinical necessity. Until now, a variety of surgical methods have been attempted to try to reconstruct the nipple-areola complex, but none have proven to be effective in the long run.

Related Press Release@ Breast Implants Market Report

Breast Implants Market Report Highlights

  • In 2021, silicone implants dominated the breast implants market since it has a natural resemblance to the breast tissue
  • Saline implants are anticipated to showcase significant growth during the forecast period due to lesser risk of complications during implant rupture
  • Round-shaped implants held the largest market share in 2021 owing to fewer complications involved during implant rotation
  • Anatomical-shaped devices are expected to showcase lucrative growth in the future due to their design that has a natural appearance, which makes them ideal for breast enhancement
  • The cosmetic surgery segment dominated the market in 2021 due to the growing number of cosmetic procedures conducted globally
  • North America dominated the market in 2021 due to the rising number of augmentation procedures of this organ conducted in the U.S.
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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.

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Grand View Research, Inc
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