Breast Augmentation Market size has been continuing to grow having 13.4% CAGR and is expected to reach USD xx billion by 2028 during the forecast period of 2022-2032.
Breast Augmentation Procedures are done by putting implants behind breast tissues or under chest muscles. The procedure can be considered as non-invasive and done at an out-patient surgery.
Breast Augmentation Market Growth and Trend
The increasing number of breast augmentation procedures and the emerging awareness of people on the development of cosmetic surgeries are the main attributes why Breast Augmentation Market continues to grow and achieve a significant peak. In 2020, there have been 1,862,506 breast augmentation procedures done globally compared to previous years were the figures count to 1, 677, 319 according to the International Society of Aesthetic Plastic Surgery. The rate of growth in the past years is 9.9%.
Meanwhile, 317, 735 breast augmentation procedures were recorded as compared to in the past years having 313, 735 procedures performed. This only goes to show that there’s a spike in the demand for breast augmentation products.
There is a growth opportunity in emerging markets in countries such as China, Brazil, Mexico, and India. Because of the rapid growth of breast augmentation market, there is also a relative development on the growth in medical tourism, growing adult population ages 20 and above, and also increasing disposable.
Brazil ranked second when it comes to breast augmentation procedures performed in 2020 as per ISAPS. 14.7% procedures were actually done in Brazil.
Restraints in the Breast Augmentation Market
There are a lot of negative stigma and perceptions when it comes to cosmetic treatment and procedures: religious and ethical concerns to enumerate. The apparent social stigma attached to having these procedures negates growth of this market since social acceptance cannot be had with regard to the procedures.
COVID-19 has a great impact on breast Augmentation Market because breast augmentation procedures are not considered as urgent surgeries so hospitals and clinics postponed them instead. The procedure in breast augmentation entails the utilization of additional resources and the possibility of an increasing risk of complications. Another challenge in the growth of this market is the constant high demand for equipment, resources and materials.
Breast Augmentation Market Segmentation
As per product, breast augmentation market is segmented into the following, silicone breast implant and saline breast implant. Between the two segments, silicone breast implant has the highest growth during forecast period. The growth of this segment can be attributed to increase of breast augmentation procedures and social awareness with regard to cosmetic surgeries.
In terms of procedure, it is segmented into four, inframammary fold, trans-axillary, periareolar, and trans-umbilical procedures. The inframammary fold segment has the highest share--such growth is caused by the increase in breast augmentation procedures.
In terms of end-users segment, it is classified into, hospitals, cosmetology clinics and ambulatory care settings, and other end users. The largest share recorded last year was attributed to hospital segment and was responsible for the high demand in breast augmentation products like breast implants.
Breast Augmentation Market Country Analysis
Breast augmentation market is also segmented based on region, North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America on the other hand, has the largest share in the accounted for in the breast augmentation market. The factors attributable to such growth are the increasing number of procedures and awareness in cosmetic surgeries.
Breast Augmentation Market Share and Competition
Key market players operating majorly in this market are, Johnson and Johnson (US), Allergan (Ireland), and Sientra (US). Johnson and Johnson ranked first in the breast augmentation market and has presence in more than 60 countries because of its strong global brand recognition and comprehensive product portfolio in the market--this in fact is its major strength. Allergan placed in second.
FDA approved POLYTECH Health & Aesthetics’ textured breast implants in 2020, while there is US FDA pre-market approval received by Sientra for its OPUS branded breast implant in the past year.
Report Highlights
• Access Control
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2032)
• Data breakdown for every market segment (2022 – 2032)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2022 – 2032)
• Silicone Breast Implant
• Saline Breast Implant
Shape Analysis (Revenue, USD Million, 2022 – 2032)
• Round Shape
• Anatomical Shape
Surface Analysis (Revenue, USD Million, 2022 – 2032)
• Smooth
• Textured
Procedure Analysis (Revenue, USD Million, 2022 – 2032)
• Inframammary Fold
• Trans-axillary
• Perio-aeriolar
• Trans-umbical
End User Analysis (Revenue, USD Million, 2022 – 2032)
• Hospitals
• Cosmetology Clincis and Ambulatory Care Settings
Region Analysis (Revenue, USD Million, 2022 – 2032)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• UAE
• Qatar
• Saudi Arabia
• Japan
• Africa
• Rest of World
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India Varicose Veins Treatment Market Report
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