The Global Breast Implants Market Was Valued At $1,201.4 Million In 2019 And Is Expected To Reach $1,671.3 Million By 2027, Growing At A Cagr Of 4.2 Percent Between 2020 And 2027

 

Breast Implants


Breast implants are medical devices that are used to increase the size of the breasts for cosmetic or reconstructive purposes. The most common type of breast implant is a round one. Round breast implants have a tendency to appear fuller, and because they are the same shape all over, there is less concern about rotating them in place. Over the forecast period, the rising prevalence of breast cancer is expected to drive growth in the global breast implants market. According to Breastcancer.org, an estimated 268,600 new cases of invasive breast cancer will be diagnosed in women in the United States in 2019, with 62,930 new cases of non-invasive (in situ) breast cancer.

 

Moreover, increasing adoption of highly cohesive silicone breast implants is also expected to aid in growth of the market. Silicone breast implants are made of high-strength silicone gel and a silicone shell. These implants are thicker and contain more cohesive silicone gel, reducing the possibility of filler leakage into the body. North America dominated the global breast implant market in 2019, accounting for 35.9 percent of the total value, followed by Latin America and Europe, in that order. The high cost of breast augmentation is expected to stifle market growth. In India, for example, the total cost of breast augmentation (including implants and surgery) is around US$ 2,800.

 

The global Breast Implants Market was valued at $1,201.4 million in 2019 and is expected to reach $1,671.3 million by 2027, growing at a cagr of 4.2 percent between 2020 and 2027. The use of 3D printing moulds in the development of prosthetic breasts is expected to provide lucrative growth opportunities for global breast implant market participants. For example, myReflection, based in New Zealand, uses 3D scanning and 3D printing moulds to create customised prosthetic breasts for cancer patients who have had a mastectomy. Furthermore, rising breast cancer awareness is expected to boost market growth. For example, in November 2018, the Windsor Regional Hospital in Canada held a breast reconstruction awareness programme.

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