Breast Implants Market

Market Definition:

The global Breast Implants Market size was valued at USD 2.15 billion in 2021 and is predicted to reach USD 3.99 billion by 2030, with a CAGR of 7.1% from 2022 to 2030. Breast implants, also known as breast augmentation, are artificial devices that are used to maintain the balance between the breast and the body. It is a prosthesis used to change the size, shape, and contour of a person's breast.

These devices are used by women with mastectomy and asymmetrical breasts. Breast implants improve conditions such as sagging and drooping of breasts and make them proportional to the body. Breast augmentation further helps in improving and enhancing the self-esteem and aesthetics of women. Various breast implant devices available across the world include saline, silicone, structured, and composite filler.  

Market Dynamics and Trends:

Increase in the number of breast cancer cases that can be treated with breast implants is driving the growth of the breast implants market. For instance, in 2020, around 2.3 million women were diagnosed with breast cancer and 685,000 deaths were reported globally. Also, increased R&D activities and product launches associated with breast augmentation are expected to further propel the breast implants market. For instance, GC Aesthetics, Inc. launched PERLE in December 2021. 

It is a highly innovative line of smooth breast implants that feature a proprietary surface technology to provide aesthetic solutions for the global healthcare market. Moreover, growing trends in physical appearance and availability of favorable cohesive silicone breast implants are also expected to fuel the growth of breast implants market.

However, huge expenses of breast implant procedures and adverse consequences related to the breast implants such as infection or incompatibility of silicone implants are expected to restrain the growth of the market during the forecast period. On the contrary, increase in the number of women undergoing breast augmentation procedures to increase the size of breasts is expected to create ample opportunities for market players in the coming years.

Market Segmentations and Scope of the Study:

The breast implants market is segmented on the basis of type, product, material, technology, texture, application, shape, end users, and geography. On the basis of type, the market is divided into silicone implants, form-stable implant, saline implant, and structured saline implant. On the basis of product, the market is classified into breast implants and tissue expanders. On the basis of material, the market is categorized into silicone and saline. On the basis of technology, the market is classified into inframammary, peri-areolar, trans-axillary, and transumbilical. On the basis of texture, the market is bifurcated into smooth and textured. On the basis of application, the market is segmented into breast augmentation and breast reconstruction. On the basis of shape, the market is segmented into round and anatomical. On the basis of end users, the market is categorized into hospitals, specialty clinics, ambulatory surgery centers, and others. The geographical breakdown and analysis of each of the aforesaid segments include regions such as North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis:

North America holds the lion’s share of the global breast implants market, and is expected to remain dominant during the forecast period. This is attributed to factors such as well-established healthcare sector and the growing medical tourism in this region. Also, the developing interest in cosmetic surgeries that include breast augmentation in nations such as the U.S. and Canada boosts the market growth. For instance, in 2020, the American Society of Plastic Surgeons (ASPS) revealed that breast augmentation is one of the top five cosmetic surgical procedures performed in the U.S. Moreover, the growing trend of breast reconstruction, which is considered as a useful option for the treatment of mastectomy surgery, boosts the market growth in this region.

On the other hand, Europe is expected to show a steady rise in the breast implants market, due to various government initiatives in different countries such as Germany, France, and others. For instance, in 2019, German Federal Cabinet (GFC) announced a web registration portal for clinical patients opting for implantation. This portal is aimed to upgrade the quality of care and safety of women in Germany. Also, the availability and accessibility of qualified surgeons along with the quality treatment and consultation in this region are expected to drive the breast implants market.

Competitive Landscape:

Various market players operating in the breast implants market include Sientra, Inc., GC Aesthetics, Hansbiomed Co., Ltd., Establishment Labs SA, AbbVie, Inc., Groupe Sebbin SAS, Laboratories Arion, Johnson & Johnson, Polytech Health & Aesthetics, and Allergan. These market players are adopting various strategies such as product innovations and patent filing across various regions to maintain their dominance in the breast implants market.

For instance, in March 2022, Sientra, Inc. announced that it received an approval from its local partner Kai Aesthetic from Health Canada to market High-Strength Cohesive (HSC and HSC+) silicone gel breast implants in Canada. It aims to improve the art of plastic surgery. Moreover, in May 2021, GC Aesthetics announced the launch of the new generation of breast augmentation with an improved adaptation of the safety features. It aims to deliver innovative solution to patients and surgeons. It is further committed to improve the lives of women around the globe.

Key Benefits

• The breast implants market report provides the quantitative analysis of the current market and estimations from 2022 to 2030. This analysis assists in identifying the prevailing market opportunities to capitalize on.

• The study comprises of an extensive analysis of the breast implants market trends including the current and future trends for depicting the prevalent investment pockets in the market.

• The information related to key drivers, restraints, and opportunities and their impact on the breast implants market is provided in the report.

• The competitive analysis of the market players along with their market share in the breast implants market is mentioned.

• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.

• The value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

Breast Implants Market Key Segments:

By Type

• Silicone Implants

• Form-stable Implant

• Saline Implant

• Structured Saline Implant

By Product

• Breast Implants

• Tissue Expanders

By Technology

• Inframammary

• Peri-Areolar

• Trans-Axillary

• Transumbilical

By Texture

• Smooth

• Textured

By Application

• Breast Augmentation

• Breast Reconstruction

By Shape

• Round

• Anatomical

By End Users

• Hospitals

• Specialty Clinics

• Ambulatory Surgery Centers

• Others

By Geography

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

  • Russia

  • Sweden

  • Rest of Europe

• Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Rest of Asia-Pacific

• RoW

  • UAE

  • Saudi Arabia

  • South Africa

  • Brazil

  • Israel

  • Turkey

  • Remaining Countries

Key Players

• Sientra, Inc.

• GC Aesthetics

• Hansbiomed Co., Ltd.

• Establishment Labs SA

• AbbVie, Inc.

• Groupe Sebbin SAS

• Laboratories Arion

• Johnson & Johnson

• Polytech Health & Aesthetics

• Allergan

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Analysis Period	2021–2030
Base Year Considered	2021
Forecast Period	2022–2030
Market Size Estimation	Billion (USD)
Market Segmentation	By Type (Silicone Implants, Form-stable Implant, Saline Implant, and Structured Saline Implant), by Product (Breast Implants, Tissue Expanders), by Material (Silicone and Saline), by Technology (Inframammary, Peri-Areolar, Trans-Axillary, and Transumbilical), by Texture (Smooth and Textured), by Application (Breast Augmentation, Breast Reconstruction), by Shape (Round and Anatomical), and by End Users (Hospitals, Specialty Clinics, Ambulatory Surgery Centers and, Others)
Geographical Segmentation	North America (U.S., Canada, Mexico) Europe (U.K., Germany, France, Italy, Spain, Russia, Sweden, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific), Rest of the World (UAE, Saudi Arabia, South Africa, Brazil, Israel, Turkey, Remaining Countries)
Companies Profiled	Sientra, Inc., GC Aesthetics, Hansbiomed Co., Ltd., Establishment Labs SA, AbbVie, Inc., Groupe Sebbin SAS, Laboratories Arion, Johnson & Johnson, Polytech Health & Aesthetics, and Allergan.