Breast Implants Market to Reach US$ 2,338.6 Mn by 2027 Led by Prominent Players like Allergan, Mentor Worldwide LLC (J&J), GC Aesthetics, Sientra, POLYTECH Health & Aesthetics, Ideal Implant Incorporated, Silimed, Group Sebbib SAS

According to a new market research study titled 'Breast Implants Market to 2027 - Global Analysis and Forecasts by Product, Applications, and Surface Type, the global breast implants market was valued at US$ 1,475.7 Mn in 2018 and is estimated to reach US$ 2,338.6 Mn by 2027. The report highlights the trends prevalent in the global breast implants market and the factors driving the market along with those that act as deterrents to its growth.

The key players operating in the field of Breast Implants worldwide include, Allergan plc. Mentor Worldwide LLC (J&J), GC Aesthetics, Sientra, Inc., POLYTECH Health & Aesthetics GmbH, Ideal Implant Incorporated, Silimed, Group Sebbib SAS, Guangzhou Wanhe Plastic Materials Co., Ltd, and HANSBIOMED CO. LTD. among others.

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The market for breast implants is driven by new product launches and FDA approvals. Most of the market players are engaged in the manufacturing various types of breast implants offering maximum advantages and high quality. For instance, in January, 2018, Sientra, Inc. received the U.S. Food and Drug Administration (FDA) approval of the site-change PMA supplement for its contract manufacturer “Vesta” to manufacture Sientra’s silicone gel breast implants. The company also implemented new manufacturing process improvements as per the FDA and also received approval for process enhancement supplements. In January, 2017, Allergan plc received approval from the FDA to market NATRELLE INSPIRA SoftTouch breast implants in the US. Additionally, in October 2017, Mentor Worldwide LLC announced the availability of MemoryGel Xtra breast implants in the US.

New product launches & FDA approvals is driving the growth of the global breast implants market

The global breast implants market is a matured market in the developing countries as well as developing economies worldwide. According to 2016 statistics from the American Society of Plastic Surgeons, the average cost of breast implant surgery is US$ 3,719. The prices for breast implant surgery significantly vary, based on surgeon’s experience, the type and cost of breast implants used and the geographic office location.

The global breast implants market has been segmented, based on different parameters such as product, application, surface type, and geographical regions. On the basis of product, the market is classified into silicone and saline. The applications of breast implants covered in the report include reconstructive surgery and cosmetic surgery. Based on the surface type, the breast implants market is segmented into smooth and textured segments.  The market is further examined by evaluating the market on basis of five strategic regions worldwide as North America, Europe, Asia Pacific, Middle East and Africa, and South America.

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Posted by on Tuesday July 23 2019, 11:45 PM EST. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Healthcare, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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