LAS VEGAS, Dec. 04, 2017 (GLOBE NEWSWIRE) -- The report ‘Breast Implants Market By Product, Shape, Application And End Use - Global Industry Analysis And Forecast To 2023’ states that the Breast Implants Market was worth USD 0.87 billion in 2014 and is expected to reach approximately USD 1.39 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.29% during the forecast period. This growth is owing to increasing focus towards improving the physical appearance of one’s self.
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Market Scenario:
More and more women across the globe are opting for breast reconstruction so as to enhance their physical appearance which leads to improved confidence. This type of surgery involves aesthetic repair of any kind of damage which takes place post an implantation process.
As per the American Society of Plastic Surgeons, in 2015, in the United States, approximately 106,000 breast reconstruction procedures have been taken place. Therefore, such high numbers of cases are predicted to impel the market growth of this industry in the future. Silicone implants led the global market in 2016, owing to the fact that it has a natural semblance to the breast tissue. Also, saline implants are estimated to portray considerable growth over the forecast period due to reduced risk of complications during the implant damage.
By means of shape, round shaped implants held the biggest market share in 2016 due to the reduced complications that are involved at the time of rotation of the implant. The cosmetic surgery segment led the global market in 2016 owing to the rising number of cosmetic procedures.
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Based on devices, anatomically-shaped are predicted to platform positive growth during the forecast period because of their design which has a natural look to it and which makes them most apt for breast enhancement. Regions wise, North America was the most leading market in 2016 owing to the increasing number of breast augmentation procedures of this organ which takes place in the United States.
Scope of the Report:
Following, which is Asia Pacific which is said to showcase lucrative growth during the forecast period due to immense opportunities in the medical tourism of this region, The major market manufacturers of the global breast implants market are Polytech Health, Arion laboratoires, GroupeSebbin SAS, Sientra, GC Aesthetics PLC, Cereplas, Allergan Inc, HANS BIOMED CORP and Silimed. The primary techniques of these organizations integrate novel product enhancement, mergers and acquisitions and regional developments. For instance, in 2016, Allergan plc got United States FDA endorsement for its Natrelle Imspira Cohesive implants, which is another new invention in the breast implant classification.
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