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SAN FRANCISCO , June 28, 2022 /PRNewswire/ -- The global breast implants market size is anticipated to reach USD 4.11 billion by 2030, expanding at a CAGR of 7.4%, according to a new report by Grand View Research, Inc. Increasing focus on the enhancement of physical appearance has led to the growth of the market.
Key Industry Insights & Findings from the report:
Get more Insights from full market research report, "Breast Implants Market Size, Share & Trends Analysis Report By Product (Silicone Breast Implants, Saline Breast Implants), By Shape (Round, Anatomical), By Application, By End-use, And Segment Forecasts, 2022 - 2030", published by Grand View Research.
Breast Implants Market Growth & Trends
Breast reconstructions are being highly adopted by women to enhance their physical appearance. This kind of surgery involves esthetic repair of any damage taking place after the implantation procedure.
Breast implants are used post mastectomy to enhance the esthetic appeal. Breast augmentation is another procedure requiring the application of these implants. Esthetic appeal plays an important role in increasing the demand for these procedures, thereby, making the cosmetic industry lucrative for the target population.
The COVID pandemic has had a significant impact on the aesthetic market. The increased prevalence of coronavirus cases had put a greater strain on medical personnel. As a result, facilities such as ICUs, surgical units, ventilators, hospital beds, and certain other surgical equipment have been reallocated from all disciplines and divisions to treat COVID-19 patients. As a result, governments in some countries have chosen to hold all non-essential & elective surgeries. Cosmetic procedures such as breast enhancement, cheek augmentation, dermal fillers, and others are all postponed or cancelled as they were considered "non-essential" elective procedures. For instance, to create extra inpatient beds, the NHS, postponed 2 million planned procedures. The Medicare and Medicaid Services announced guidelines in March 2020 to limit elective operations in the U.S.
In May 2022 . (Dublin, Ireland ), GC Aesthetics, Inc. (GCA), a private medical technology organization that provides Health Aesthetic Solutions announced a launch of an advanced NAC (Nipple Areola Complex) reconstruction implant called FixNip. Many women around the world will receive support from this unique medical product, which addresses a well-known clinical necessity. Until now, a variety of surgical methods have been attempted to try to reconstruct the nipple-areola complex, but none have proven to be effective in the long run.
Grand View Research has segmented the global breast implants market based on product, shape, application, end-use, and region:
Breast Implants Market - Product Outlook (Revenue, USD Million, 2017 - 2030)
Breast Implants Market - Shape Outlook (Revenue, USD Million, 2017 - 2030)
Breast Implants Market - Application Outlook (Revenue, USD Million, 2017 - 2030)
Breast Implants Market - End-Use Outlook (Revenue, USD Million, 2017 - 2030)
Breast Implants Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)
List of Key Players of Breast Implants Market
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Browse through Grand View Research's Medical Devices Industry Research Reports.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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