Breast Implants Market Research, 2031
The global breast implants market size was valued at $1.8 billion in 2021, and is projected to reach $4.5 billion by 2031, growing at a CAGR of 9.4% from 2022 to 2031. A breast implant is made up of silicone shells filled with silicone gel or sterile salt water(saline). Breast implants are artificial objects (prostheses) that are surgically implanted into the breast during breast augmentation surgery, commonly known as mammoplasty. Breast implantation is done for a variety of reasons, including for women who had mastectomy (breast removal due to cancer), whose breast size has decreased due to pregnancy, weight loss, or aging, whose breasts are asymmetrical, and for women who want to boost their self-esteem and body image.
One of the major factors driving the growth of the breast implant market is the global increase in the prevalence of breast cancer. According to WHO, breast cancer surpassed lung cancer and became the most diagnosed cancer worldwide. According to the World Health Organization, in 2020, around 2.3 million women were diagnosed with breast cancer, and 685,000 of them died globally. While, in Asian women, the breast cancer prevalence was so high that it accounted for 22.9% of the total cancer cases in women in 2020. As of January 2022, there are more than 3.8 million women with a history of breast cancer in the U.S. This includes women currently being treated and women who have finished treatment. As of 2021, breast cancer was the most common cancer worldwide, accounting for 12% of all new cancer cases worldwide. These factors are anticipated to propell the breast implants market growth in the near future.
However, the post-surgery complications and risks associated with the breast implant, along with the high cost associated with the implant, are the major factors hampering the growth of the breast implant market. In addition, there is a high misconception about post-surgical complications and risks from breast implants in women. However, if this constraint is solved by creating awareness in women and clearing their misconceptions, it will contribute to the global breast implant market.
As per the 2020 International Society for Aesthetic Plastic Surgeons (ISAPS) statistics, breast augmentation remained the most common surgical procedure, accounting for 16% of all procedures. Thus, increase in inclination and awareness of women worldwide toward breast augmentation and reconstruction procedures for beauty enhancement is expected to drive global breast implant market revenue during the forecast period. These are the key factors propelling the breast implants market opportunity over the coming years.
The key players profiled in this report include Sebbin, Allergan, Mentor Worldwide LLC, GC Aesthetics, Laboratories Arion, Sientra Inc, Hansbiomed, Cereplas, Silimed, and Groupe Sebbin SAS.
The global breast implant market is segmented on the basis of product, shape, application, end-use and region. By product, the market is sub-segmented into saline implant and silicone implant. On the basis of shape, the market is sub-segmented into anatomical shape and round shape. According to application, the market is sub-segmented into breast reconstruction and breast augmentation. By end use, the market is sub-segmented into clinics, hospitals, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The breast implants industry is segmented into Type, Shape, Texture, Application and End-use.
By product, the silicone implant sub-segment dominates the market and is anticipated to be the fastest growing during the forecast period. This type of implant has the ability to replicate the natural breast and is lightweight. This is expected to significantly increase the preference over other types. These implants offer changeable flexibility as needed, as well as the ability to be filled at the time of implant surgery. Moreover, there will be a reduction in wrinkling, which will further impel the growth of this segment in the forecast timeline. These are predicted to be the major factors affecting the breast implant market size during the forecast period.
By shape, the round shape sub-segment dominated the global breast implant market share and is predicted to be the fastest growing sub-segment in the forecasted years. The growth of this sub-segment can be attributed to the implants’ ability to properly arrange for the creation of a proportioned breast shape. Round implants give the breasts a more natural appearance when they are implanted by a qualified surgeon. Breasts with anatomical implants appear more natural. However, while standing, round implants take on a natural slope due to gravity, making them look natural. Additionally, these items come in a wide variety of diameters and projection levels, which increases their adaptability and further demand.
By shape, the round shape sub-segment dominated the global breast implant market share and is predicted to be the fastest growing sub-segment in the forecasted years. The growth of this sub-segment can be attributed to the implants’ ability to properly arrange for the creation of a proportioned breast shape. Round implants give the breasts a more natural appearance when they are implanted by a qualified surgeon. Breasts with anatomical implants appear more natural. However, while standing, round implants take on a natural slope due to gravity, making them look natural. Additionally, these items come in a wide variety of diameters and projection levels, which increases their adaptability and further demand.
By application, the breast augmentation sub-segment is the most dominant and fastest growing in the coming years. Breast augmentation procedures are specifically designed to increase the current breast volume while breast reconstruction is performed to restore function and normal appearance after surgery due to cancer or to adjust the setting of breasts after a birth difference. Breast augmentation procedures are anticipated to witness robust growth during the projected period, owing to a significant increase in the number of women choosing this procedure. Features such as short procedure duration and less involvement of complications is expected to boost product demand during the forecast period.
By end use, clinics sub-segment is forecasted to generate the most revenue during the forecast period. Rise in number of private clinics, coupled with increase in number of plastic surgeons, is expected to enhance the growth of this segment. These clinics are anticipated to conduct the breast implant procedures in a very short time span, which is preferable by the majority of the patients, and this is anticipated to drive the demand for these procedures in the coming years. Moreover, the availability of advanced products and skilled resources will increase the adoption of breast implantation processes at the clinics, which will thereby enhance the market revenue generated through the clinics in the forthcoming period.
By region, North America dominated the global market in 2021 and is projected to remain the fastest-growing sub-segment during the forecast period. The high share attained by this region can be majorly attributed to the rise in the number of breast augmentation processes. Furthermore, increase in adoption of cosmetic procedures will further augment the region’s market growth. Moreover, the availability of reimbursement policies with respect to breast reconstruction is further boosting the North American breast implants market. In the last two decades, there has been a significant rise in the incidence rate of breast cancer in this region, thus further adding to the global breast implant market growth.
Impact of COVID-19 on the Global Breast implant Industry
- The COVID-19 outbreak had a short-term impact on the breast implant market. Surgeries such as breast implants and cheek augmentation procedures were considered ‘non-essential’ during the pandemic and were either postponed or cancelled. Priority was given to COVID-infected patients, thus the breast implant surgeries were temporarily not prioritized.
- According to the American Society of Plastic Surgeons' April 2021 survey report, women in the U.S. had a greater interest in and desire for cosmetic operations during the COVID-19 pandemic, including breast augmentation and implants, with 11% of polled women indicating that they are likely to have surgery post pandemic. Therefore, the market is expected to recover soon from the impact of the COVID-19 pandemic and grow in the future.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the breast implants market size, segments, current trends, estimations, and dynamics of the breast implants market analysis from 2021 to 2031 to identify the prevailing breast implants market opportunities.
- The market research is offered along with information related to breast implants market forecast, key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the breast implants market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present breast implants market share of the key players.
- The report includes the analysis of the regional as well as global breast implants market trends, key players, market segments, application areas, and market growth strategies.
Breast Implants Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 4.5 billion |
 Growth Rate | CAGR of 9.4% |
 Forecast period | 2021 - 2031 |
 Report Pages | 390 |
 By Type |
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 By Shape |
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 By Texture |
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 By Application |
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 By End-use |
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 By Region |
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 Key Market Players | Allergan plc, Establishment Labs S.A., Groupe Sebbin SAS, Mentor Worldwide LLC, Laboratoires Arion, CEREPLAS, Sientra, Inc., HansBioMed, Polytech Health and Aesthetics GmBH, GC Aesthetics |
Analyst Review
Rise in breast cancer cases around the world, increased research & development efforts for patients undergoing breast implant surgery to recover more quickly and experience less post-operative discomfort, as well as the desire among women to achieve proportion in their bodies, are some of the major reasons propelling the market's growth. However, the risks associated with breast implants, such as breast pain, changes in nipple, additional surgeries, breast implants associated with anaplastic large cell lymphoma (BIA-ALCL), are some of the factors that are expected to hinder the growth of global breast implants market during the forecast period. Additionally, the market players in the area are continuously working toward better and more efficient solutions and evolving the lives of available products through new product launches, collaborations, and mergers & acquisitions, which is anticipated to drive the growth of the breast implant market.
Among the analyzed regions, North America is expected to account for the highest revenue in the market during the forecast period. This can be owed to rise in number of breast augmentation processes in the region. Furthermore, accelerating adoption of cosmetic procedures is expected to augment the region’s market growth in future.
Rise in number of breast cancer patients globally, increase in research & development activities for the faster recovery and less post-operative pain of patients in breast implant surgery, and the desire among women to get their body in proportion are some of the key factors driving the growth of the market.
The clinic sub-segment of the end use acquired the maximum share of the global breast implant market in 2021.
North America is expected to provide more business opportunities for the global breast implant market in future.
Sebbin, Allergan, Mentor Worldwide Llc, Gc Aesthetics, Laboratories Arion, Sientra Inc, Hansbiomed, Cereplas, Silimed, Groupe Sebbin SAS are the major players in the breast implant market.
The major growth strategies adopted by breast implant market players are technological advancements and mergers & acquisitions.
The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global breast implant market from 2021 to 2031 to determine the prevailing opportunities.
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