Global Cosmetic
Implants Market report delivers future
development strategies, key companies, Possibility of competition, major
challenges analysis. The reports elaborate the expansion rate of the Cosmetic
Implants market supported the highest company profile analysis. This report
providing an in-depth analysis, market size, and evaluation for the developing
segment among the Cosmetic Implants market. Cosmetic Implants Market report
will help you take expert decisions, recognize opportunities, plan effective
professional tactics, plan new schemes, analyse drivers and restraints and give
you a vision on the Cosmetic Implants Market forecast.
Industry Insights
The global Cosmetic Implants Market is expected to reach USD 9.29
billion by 2020 and is expected to grow at a CAGR of 6.8% over the forecast
period. Rapidly changing lifestyles, increasing aesthetic awareness, and
medical tourism are some of the key factors anticipated to boost the market
over the forecast period. Rising healthcare expenditure, favorable government
initiatives, and growing ageing population are also amongst few key factors
expected to surge adoption of cosmetic implants. According to American Society
of Plastic Surgeons in 2016, residents of U.S. spent nearly USD 15 billion on
combined surgical and nonsurgical procedures.
Growing demand for minimally invasive surgeries and increasing cosmetic
surgeries drive the growth of this market. According to the data published by
the American Society of Plastic Surgeons in 2015, the minimally invasive
cosmetic surgeries performed were 15.9 million demonstrating 2% increase since
2014 in the U.S. Technological advancements in the field of cosmetic implant
surgeries including tissue engineering, microsurgery procedures, and computer
assisted process offers advantages of minimal or no visible scars and thereby
further drive the demand for the implants.
Rising incidences of breast cancer escalate number of women undertaking
the breast reconstruction and augmentation procedures, which is anticipated to
boost demand for breast implants such as silicon and saline filled breast
implants. Some of the key factors such as growing awareness towards aesthetic
appearance and anti-ageing treatment also propel the market growth. According
to the International Society of Aesthetic Plastic Surgery, globally there were
about 21,696,671aesthetic procedures performed in 2015.
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Key Questions Answered
·
What are the sales or revenue produced
by Cosmetic Implants products beyond all sectors during the forecast
period?
·
What are the key trends in the Cosmetic
Implants market?
·
What are the leading drivers, limitations,
and probabilities in the industry?
·
Which segment will gain the
highest revenue worldwide and which product segment will expand at the fastest
CAGR during the forecast period?
·
In which region the Cosmetic
Implants market to project lucrative CAGR during the forecast period?
Application Insights
On the basis of applications, the market is segmented as dental, breast,
facial, penile, and calf implants. Dental implants held the largest market
share of about USD 3.45 billion in 2016. Factors such as increasing dental
injuries and growing advancements in technologies including mini implants,
CAD/CAM technology, and nanostructured titanium implants is expected to boost
the market. Rising concerns for oral healthcare and increase in geriatric
population also drive the growth of the market. According to American
Association of Oral and Maxillofacial Surgeons survey conducted in the U.S,
about 30 million people have lost teeth in one or both jaws and more than 15
million people are with the bridges or crowns.
Facial implants segment is anticipated to be the fastest growing segment
with a CAGR of 10.3%. Some of the key factors such as rising demand for
minimally invasive surgeries and increasing incidence of facial and sports
related trauma drive the demand for facial implants in the market. However,
rising incidences of breast cancer and growing number of breast augmentation
and reconstruction surgeries is further anticipated to boost up the demand for
breast implants. According to The American Society of Plastic Surgeons (ASPS),
breast augmentation is among the top five cosmetic procedures in U.S. About
279,143 number of breast augmentation procedures were conducted in the U.S.
Regional Insight
North America dominated the market in 2016. Some of the key factors
attributing to the market growth include sophisticated healthcare
infrastructure, rising aesthetic awareness, increasing ageing population, and
growing healthcare expenditure. Furthermore, favorable government programs
drive the demand for such procedures in the region. The U.S government has
initiated various awareness campaigns such as Breast Reconstructive Awareness
Campaign, which is engaged in educating and empowering women undergoing breast
cancer treatment.
Europe is the second largest market for cosmetic implants owing to
rising ageing population that drives the demand for dental implant market.
According to World Federation of Public Health Association only 41% of
Europeans have all their natural teeth. Growing number of cosmetic surgeries,
high reimbursement policies and rising government healthcare expenditure is
boosting up the growth of the market.
Asia pacific region is expected to be the fastest growing segment with a
lucrative CAGR over the forecast period. Factors such as high population,
increasing dental caries, rising geriatric patients, and increasing trend of
medical tourism drives the growth of cosmetic implant market. Some of the
countries in this region that are amongst few top countries with respect to
number of cosmetic surgeries are India, South Korea, and Australia.
Competitive Insights
Some of the key participants of cosmetic implants market include, 3M
Health Care; Allergan, Inc.; GC Aesthetics; Spectrum Design; Aesthetic and
Reconstructive Technologies (AART) Inc.; Straumann AG Institut; Sientra Inc.;
DENTSPLY International Inc.; Nobel Biocare Holding AG; Zimmer Holdings Inc.;
Mentor Worldwide LLC., and Medical Implantech Associates Inc.
Know
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