The Breast Implant Market is being driven by Increasing prevalence of breast cancer
The Breast Implant Market is expected to grow at a CAGR of 5.3% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 595.9 million. Vendors in the Breast Implant Market are implementing strategic initiatives, including mergers and acquisitions, partnerships, and product launches, to enhance their market share and global presence. Simultaneously, they are consolidating their supply chain networks with distributors to expand reach. For instance, in February 2018, POLYTECH Health Aesthetics collaborated with AMSilk GmbH to conduct clinical studies on silk-coated silicone SILKline breast implants, underscoring the industry's focus on innovation and product advancement to maintain competitiveness.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
161 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.3% |
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Market growth 2024-2028 |
USD 595.9 million |
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Market structure |
fragmentation |
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YoY growth 2023-2024(%) |
4.7 |
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Key countries |
US, China, France, Canada, Germany, Japan, South Korea, Australia, Rest of World, US, China, France, Canada, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Breast Implant Market encompasses advancements in implant technology, design, and materials, aiming to minimize complications and risks while maximizing benefits. Implant alternatives like fat grafting and tissue expanders are also under consideration. Breast health, cancer screening, and patient experience are crucial factors. Aesthetic and surgical outcomes, patient satisfaction surveys, quality of life, and body positivity drive trends. Patient empowerment, surgical innovation, implant research, and development continue to shape the industry.
The global healthcare supplies market encompasses entities involved in the research and development (R&D) of a multitude of product categories, including breast implants such as silicone, saline, textured, smooth, and gummy bear varieties. These implants are integral to breast augmentation procedures. According to Technavio, market size is determined by the consolidated revenue generated by manufacturers of medical supplies, encompassing items like syringes, drapes, gloves, and gowns. Market expansion will be fueled by demographic shifts, specifically the increasing global population aging, with the US anticipating nearly one-quarter of its populace to be over 60 by 2050, and Europe reaching a similar proportion by 2030.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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