Breast Implants- Industry Outlook, Key Segments, and Regions
Breast augmentation is done to alter the size of the breast using fat transfer or using implants. It's the most frequently performed surgery in the US. In the US the age share of people undergoing breast implantation is a maximum for age 35 to 50 years in year 2019. Breast augmentation performed among these patients is referred to in percentage as 46.4%. Women who have removed their breasts due to cancer opt for breast implant surgeries to feel complete.
Silicon implants are preferred for firmness and enhancing the shape of the breast. This segment is anticipated to grow with a CAGR of 5.4% in the coming years 2019-2027. Silicone gel-filled implants are also a key segment anticipated to gain traction in the coming years. However, the Food and Drug Administration has raised caution that the association of breast implants with blood cancer is not an unfortunate coincidence. This concern is seen to have a restraining impact on breast augmentation surgeries.
Growth in medical tourism is seen as supportive of technological advancement to boost the market. The top countries in breast implant surgeries are the US, Brazil, Mexico, and Germany. Smooth breast implants are used in most cosmetic surgeries as they last longer than textured implants. North America is reigning in this market due to the large acceptance of breast augmentation from people and the government. European Union has favorable policies responsible for the progress of breast augmentation. The urge for physical aesthetics is driving demand for breast implants from the Asia Pacific region.
