Breast Implants Market Size And Forecast

Breast Implants Market size was valued at USD 1.45 Billion in 2021 and is projected to reach USD 2.32 Billion by 2030, growing at a CAGR of 5.5% from 2022 to 2030.

Advances in technology and improvements in designs and construction of breast implants and a rise in the number of qualified plastic surgeons expand the industry growth. Other factors such as a rise in awareness of breast surgeries, rise in medical tourism, and rising beauty consciousness and spirals the rise of the market. The Global Breast Implants Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Breast Implants Market Definition

Breast augmentation is a surgical procedure used to augment the breast size and improve certain conditions such as sagging or drooping of breasts making them more proportional with the rest of the body. The American Society for Aesthetic Plastic Surgery (ASPS) reports that breast augmentation was the most common surgical procedure performed with 313,000 surgeries in 2018.

Silicone breast implants are a highly preferred choice among women seeking breast augmentation procedures, as they appear more firm and appealing in comparison to saline breast implants. These implants come in different sizes and shapes ranging from low profile to high profile breast implants. Round breast implants are more popular and remain the overwhelming choice of women undergoing breast augmentation procedures.

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Anatomically shaped implants tend to give greater projection with the same amount of volume as round implants. Breast augmentation procedures are gaining popularity in emerging economies. The primary reasons for the same are rising economic affluence, increasing awareness among people about the latest products and procedures, and low costs of setting up businesses. Cosmetic surgeries are witnessing a huge surge throughout the world. The demand for cosmetic surgery and aesthetic implants is increasing at a significant rate as a result of the importance given to physical appearance.

Breast augmentation is the most common aesthetic surgery. Breast augmentation, also called breast enlargement, mammoplasty, or boob-job is a surgical procedure that is carried out for increasing the size of the breast, breast using an implant or fat transfer. Many women prefer to undergo breast enlargement to enhance their physical appearance. In the era of social media and the “selfie generation,” where people want to look desirable, many women opt for breast enhancement for an attractive physique. High emphasis on physical appearance, especially in the case of celebrities and the desire to look beautiful are the primary reasons responsive for the expansion of the market.

Global Breast Implants Market Overview

Breast implantation surgery has evolved greatly with the growing demand for cosmetic surgeries. Women with a high preference for enhancing their esthetic appeal contribute largely to the revenue of the breast implantation market. According to the FDA, women above 18 years of age can undergo breast augmentation surgeries. The rising prevalence of breast cancer is also a significant driver leading to the growth of this market. In severe cases, the prevention of this disease involves mastectomy surgery, which requires the removal of the entire organ. In addition, reconstruction of this organ is considered a useful option for the treatment of such disease. This procedure involves rebuilding the shape of the removed organ. Thus, with the rising number of reconstruction cases, there is a growing demand for breast implantation in the near future.

One of the prominent reasons hindering the market is the risk of breast implant-associated Anaplastic Large Cell Lymphoma (BIA-ALCL). Rare in nature, BIA-ALCL, is a type of T-cell lymphoma that usually develops around the tissue surrounding the implant. Many products are recalled from the market due to this factor. In September 2019, Allergan, now acquired by AbbVie, recalled Natrelle BIO CELL Textured Products from the market. According to the FDA, a total of 573 cases of BIA-ALCL were reported in 2019. Furthermore, the incidence of implant ruptures and safety concerns of women has made the government re-evaluate the manufacturer’s products. The aforementioned factors are expected to restrain the market growth.

The American Society of Plastic Surgeons (ASPS) stated that breast augmentation is one of the top 5 cosmetic procedures conducted in the U.S. According to the ASPS, 279,143 procedures related to the augmentation of this organ had taken place in the U.S. Thus, with a huge number of these cases, the growth of the Breast Implants Market is expected to accelerate over the coming years. In June 2019, GC Aesthetics announced the launch of Eve 4.0, a Digital Consultation Solution (DCS) that provides visualization aids to patients considering breast reconstruction or augmentation in Europe and Brazil. This is likely to propel the growth of the regional markets. Furthermore, increased research for the development of more durable implants is another factor driving the Breast Implants Market growth. In February 2018, AMSilk GmbH collaborated with POLYTECH Health & Aesthetics to start a clinical study on SILKline, a silk-coated breast implant in Europe. The anticipated approval of the product is likely to create lucrative growth opportunities for the market.

Global Breast Implants Market Segmentation Analysis

The Global Breast Implants Market is segmented based on Type, Application, End-User, and Geography.

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Breast Implants Market, By Type

• Silicone Implant
• Form-stable Implant
• Saline Implant
• Structured Saline Implant

Based on Type, the market is segmented into Silicone Implant, Form-stable Implant, Saline Implant, Structured Saline Implant. Amongst the Type segment, silicone implants held the largest market share in 2016. This is due to the fact that these devices tend to be like natural breast tissue. For instance, a gummy implant gives a natural shape to the reconstructed breast. This product segment also does not pose a risk for disorders associated with the immune system. Silicone implants are expected to showcase the highest growth over the forecast period owing to their soft texture. Due to this feature, there is less risk of the formation of hard scar tissue around the implantation. In addition, gummy implants also have a low risk of wrinkling.

Breast Implants Market, By Application

• Reconstructive Surgery
• Cosmetic Surgery

Based on Application, the market is segmented into Reconstructive Surgery and Cosmetic Surgery. Reconstruction surgery is anticipated to gain significant growth over the forecast period. It usually deals with the defects and deformities of the patient’s chest wall, post-mastectomy procedure. These help in restoring the natural look and enhance their esthetic appeal. Breast implantation involving reconstruction surgery aids in improving symmetry after mastectomy or any other damage caused to the structure of the organ during a cosmetic surgical procedure. This procedure requires a tissue expander before the implant is inserted in order to expand the muscles in the organ.

Breast Implants Market, By End-User

• Hospital
• Cosmetology Clinic
• Others

Based on End-User, the market is segmented into Hospital, Cosmetology Clinic, and  Others. On the basis of end-user, the hospital segment held the largest market share in 2016 due to the increasing preference for patients to be treated in hospitals by plastic surgeons. Moreover, with growing healthcare expenditure, there is a rise in the number of hospitals being set up in developing regions. Cosmetology clinics are expected to showcase significant CAGR over the forecast period. This is due to the emergence of specialty clinics dealing with cosmetic procedures for the enhancement of people’s esthetics. The processes associated with surgical treatments in these clinics are not as cumbersome as those in hospitals.

Breast Implants Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

On the basis of Geography, the Global Breast Implants Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America dominated the market owing to rising healthcare spending in the U.S. and the growing demand for cosmetic surgical procedures associated with the improvement of esthetics in the country. Moreover, the rising prevalence of breast cancer in this region is also expected to support the growth of the market. Europe also contributed toward a significant share in 2016 owing to the huge awareness levels regarding cosmetic surgeries in this region.

Moreover, the introduction of a large number of cosmetology clinics in Europe has also supported the growth of this regional market. The Asia Pacific is projected to showcase lucrative growth over the forecast period. This is due to the rising disposable income in developing countries. Moreover, this region provides a huge opportunity with respect to low-cost treatments in the field of medical tourism. Hence, the aforementioned factors are expected to drive the market growth of this region.

Key Players

The “Global Breast Implants Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are AbbVie Inc. (Allergan plc), Establishment Labs SA, GC Aesthetics, Groupe Sebbin SAS, Laboratories Arion, Johnson & Johnson (Mentor Worldwide LLC), Polytech Health & Aesthetics GmbH, Silimed, Sientra Inc., and Celaplas are a few major companies operating in the millimeter-wave technology market. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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