Northbrook, IL 60062 -- (SBWire) -- 12/20/2023 --The report "Breast Augmentation Market by Product (Silicone Breast Implant, Saline Breast Implant), Shape (Anatomical, Round), Surface (Smooth, Textured), Procedure (Inframammary Fold, Trans-axillary), End User, and Region - Global Forecast to 2025", The global breast augmentation market size is projected to reach USD 1,692 million by 2025 from USD 900 million in 2020, at a CAGR of 13.4%. The growth in this market is attributed to the increasing number of breast augmentation procedures and rising awareness of cosmetic surgeries.
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239683866
Browse in-depth TOC on "Breast Augmentation Market"
211– Tables
30– Figures
170– Pages
Key Market
The major players in the breast augmentation market are Johnson & Johnson (US), Allergan (Ireland), Ideal Implant Incorporated (US), Sebbin (France), GC Aesthetics (Ireland), POLYTECH Health & Aesthetics (Germany), Sientra (US), Establishment Labs S.A. (Costa Rica), Silimed (Brazil), Laboratories Arion (France), Guangzhou Wanhe Plastic Materials (China), CEREPLAS (France), HansBiomed (South Korea), and Shanghai Kangning Medical Device Co. (China).
DRIVERS: Increasing number of breast augmentation procedures
According to the International Society of Aesthetic Plastic Surgery, globally, 1,862,506 breast augmentation procedures were performed in 2018, as compared to 1,677,319 procedures in 2017. This represented a growth of 9.9% during 2017–2018. In the US alone, according to the American Society for Aesthetic Plastic Surgery (ASAPS), 313,735 breast augmentation procedures were performed in 2018 as compared to 300,378 procedures in 2017. This will result in an increasing demand for breast augmentation products.
OPPORTUNITIES: Growing opportunity in emerging markets
Emerging countries such as China, Brazil, Mexico, and India present significant opportunities for players in the global market. The demand for breast augmentation in these countries is increasing owing to rapid growth in medical tourism, the growing adult (age 20 and above) population, increasing disposable incomes. According to an ISAPS report, Brazil ranked second in terms of the number of breast augmentation procedures performed in 2018. In 2018, ~14.7% of the breast augmentation procedures were done in Brazil.
CHALLENGES: Social and ethical issues associated with cosmetic surgery
Social stigma is attached to cosmetic treatment in many parts of the world, mainly due to negative perceptions of aesthetic procedures as much as religious or ethical concerns. Although many undergo some form of appearance-altering treatment, very few like to talk about it. The social stigma attached to aesthetic treatments negatively affects the social acceptance of these procedures, thereby hindering the growth of this market to an extent.
Request Free Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=239683866
Silicone breast implant accounted for the larger share of the breast augmentation market in 2019
Based on the product, the breast augmentation market is segmented into silicone breast implant and saline breast implant. In 2019, the silicone breast implant segment accounted for the larger share of the breast augmentation market. The large share of this segment can be attributed to the increasing number of breast augmentation procedures.
By surface, the smooth segment accounted for the largest market share in 2019
Based on the surface, the breast augmentation market is segmented into smooth and textured surface. The smooth segment accounted for the largest market share in 2019. The increasing number of breast augmentation procedures are major driving factors for this market.
Hospitals are the largest end-users of the breast augmentation market
Based on end-users, the breast augmentation market is segmented into hospitals, cosmetology clinics & ambulatory surgical centers. The hospital segment accounted for the largest market share in 2019 due to the increasing number of breast augmentation procedures and rising awareness of cosmetic surgery.
North America dominates the global breast augmentation market
The breast augmentation market is segmented into four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World. In 2018, North America accounted for the largest share of the breast augmentation market. The large share of North America can be attributed to factors such as the increasing number of breast augmentation procedures, and rising awareness of cosmetic procedures.
Request 10% Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=239683866
Recent Developments of Breast Augmentation Industry:
- In 2019, POLYTECH Health & Aesthetics received FDA approval for the company's textured breast implants (macrotexture and polyurethane-coated implants)
- In 2018, Sientra received US FDA pre-market approval for its OPUS branded breast implant
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Navigating the Breast Augmentation Market Landscape: Size, Trends, Industry Share, and Growth Projections Through 2025
In 2019, POLYTECH Health & Aesthetics received FDA approval for the company’s textured breast implants (macrotexture and polyurethane-coated implants)