Cosmetic Implant Market Revenue, SWOT, PEST Analysis, Growth Factors To 2030
The global cosmetic implant market is predicted to touch USD 11.2 billion at a favorable 7.1% CAGR over the estimated years (2016-2022). Aesthetic appearance is gaining significance largely amid people for maintaining their confidence and self-esteem. No wonder a good number of people are adopting cosmetic implants, that are safe. Cosmetic implant surgery helps in making some body parts appear more defined, fuller and rounder. Such implants are medical devices that are specially designed and can be transdermal or subdermal resting upon the surgical method. Cosmetic implants are of different types namely buttock implant, facial implant, breast implant, dental implant and others. There has been a noteworthy surge in cosmetic surgeries lately. Both non-invasive and invasive surgical methods are used for embedding the cosmetic implants. People are choosing to replace their missing or damaged body parts, enhance aesthetic beauty and recover the normal appearance through cosmetic implants. There has also been a rise in its application areas such as eyelid implants, pectoral implants, calf implants, penile implants and more.
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There are
plentiful factors that is boosting the growth of the cosmetic implant market.
These factors as per the Market Research Future (MRFR) report include
increasing occurrence of congenital face problems, growing prevalence of trauma
cases, road accidents and congenital face deformities, increase in cosmetic
dentistry practices, rising consciousness regarding overall health awareness
and personal appearance, growing geriatric population, emergence of
reconstruction surgeries that are minimally invasive, advancements in
technology such as gummy bear implants and injectable fillers, and increasing
incidences of tooth deformities and congenital defects. The additional factors
include innovative cosmetic implants namely 3D printed facial implants and
hyaluronic acid facial filler, increasing awareness about aesthetic and
physical appearance owing to social media accessibility, pervasiveness,
celebrity endorsements and advertising through the internet, increasing
incidences of breast cancer and growing medical tourism. On the contrary, high
price of cosmetic procedures namely breast implantation, unfavorable reimbursement
policies, malfunctioning hazards and lack of skilled healthcare professionals
may impede the growth of the cosmetic implant market over the estimated years.
Market
Segmentation
MRFR report
provides an extensive segmental analysis of the cosmetic implant market on the
basis of material, type and end-user.
Based on
type, it is segmented into buttock implant, facial implant, breast implant,
dental implant and others. Of these, dental implant will have the maximum share
in the market over the estimated years.
Based on
material, the cosmetic implant market is segmented into biologicals, ceramics,
metals and polymers. Of these, ceramics will dominate the market over the
estimated years.
Based on
end-users, it is segmented into academics, dental clinics, hospitals and
others.
Regional
Analysis
By region,
the cosmetic implant market covers growth opportunities and latest trends
across North America, Europe, Asia Pacific, and Rest of the World. Of these,
North America will have lion’s share in the market over the estimated years.
This is owing to latest technologies and superior healthcare infrastructure.
Besides, growing general awareness and high healthcare investment are also
contributing to the market growth in this region. The cosmetic implant market
in the European region will have the second major share. This region is
investing largely in researches that is easing the growth path of the region.
In the APAC region, the cosmetic implant market will experience a revolution
especially in healthcare and growing investment here will ensure prospects of
cosmetic implants in the coming years. This region is prognosticated to grow at
the fastest CAGR over the estimated years.
Key
Players
Leading
players profiled in the cosmetic implant market include AART.Inc, Cortex Dental
Implant Industries Ltd., Dyna Dental, Spectrum Designs Medical, ALLERGAN, INC.,
DENTSPLY Implant, Nobel Biocare Holding AG, Zimmer Holdings, Inc., Institut
Straumann AG, 3M, CEREPLAS, LABORATOIRES ARION and others.
April 2019
- Dr Anh Nguyen, leading plastic surgeon is providing all women with breast
implant check appointments in Perth, no matter they have been operated there,
interstate or overseas. This is the first time this service will be provided in
WA with just two other clinics situated in Sydney.
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