Market Industry Reports (MIR) has published a new report titled “Breast Implant Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2030.” According to the report, the global breast implants market is estimated to account for over US$ 2.7 billion in 2019. It is anticipated to grow at a CAGR of 6.1% from 2019 to 2030.
Some of the prominent players in the breast implants market include Allergan, Mentor Worldwide LLC, Hans biomed, Establishment Labs, Polytech Health & Aesthetics, Sientra, Inc., GC Aesthetics, Cereplas, Groupe Sebbin SAS, and Laboratories Arion, among others.
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The global market is driven by an increase in the number of breast surgeries. A high number of surgeries are performed in the U.S., Brazil, and Mexico. According to the International Society of Aesthetic Plastic Surgery, 1.8 million breast augmentation surgeries were performed in 2018 out of which, 88% of total 2018 breast implants were silicone; 12% were saline. An increase in the number of surgeries is also propelling the demand for breast implants. This, in turn, aids substantial growth in the breast implant market.
The market is also driven by new product launches and technological advancements. Most players are involved in the manufacture of various types of breast implants, offering maximum advantages. For Instance, In Jan 2017 Allergan Plc. received FDA’s approval to market NATRELLE INSPIRA SoftTouch breast implants in the US. Additionally in Jan 2018 Sientra Inc., received FDA approval of the PMA supplement, allowing commercialization of its OPUS-branded breast implant products manufactured by Vesta. This is expected to propel growth of the overall breast implant market.
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Table of Contents
Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecast Years – 2019 to 2030
Data Collection Technique
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecast Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESSMENT
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