Cosmetic Implants Market Overview :
Cosmetic Implants Market was valued at $ 6,356 million, and is expected to reach $10,708 million by 2022, supported by a CAGR of 7.7%. Cosmetic implants are used to enhance the aesthetic looks of an individual and rectify the deformities caused due to accidents, trauma, and congenital disorders. Cosmetic implants have enabled convenient replacement of dysfunctional/missing body parts and it is easier for patients to regain previous loss in aesthetics, or enhance the same. Hence, the number of cosmetic implant procedures is on a continuous rise in the current scenario.
The key drivers for the market growth are emerging minimally invasive reconstruction surgeries, technological advancements such as injectable fillers and gummy bear breast implants, rising number of congenital face disorders and tooth deformities, and increasing awareness about aesthetic appearance. However, high cost of treatment, low reimbursement rates, and risk of malfunctions are expected to hinder this growth.
Top Investment Pockets In Global Cosmetic Implants Market:
Dental implants is one of the major segments within the global cosmetic implants market. There are two major types of dental implants, namely, the root form and the plate form. In the recent years, there has been an increase in the R&D activities to develop efficient techniques, materials, and designs for dental implants. This has resulted in the production of novel products such as mini dental implants, tapered implants, and narrow-diameter implants. Moreover, dental implants are convenient to use and are highly durable, which may last from a few years to the entire lifetime of the patient. Therefore, dental implants witness higher demand, and this trend is expected to continue in during the forecast period.
The facial implants segment is expected to grow along with increase in number of road accidents, trauma cases, and congenital face deformities and the popularity of celebrities among youth, which motivates them to enhance their aesthetic looks. Injectable fillers have witnessed a higher demand for facial implants owing to benefits such as flexibility and temporary nature due to which they can be removed easily. The breast implants was the third largest segment, due to the medical advancement such as gummy bear breast implants and form-stable silicone gel breast implants, which are expected to drive the market growth.
South Korean cosmetic implants market is expected to reach $306 million, growing at a CAGR of 9.6% during 2016-2022. Medical tourism and increased focus on the development of technologically advanced and cost-effective products South Korea have led to its increased market potential for the cosmetic implants market. The key driver for the world plastic surgery market is the rising number of geriatric people along with their developing interest of retaining youth and beauty. Thus, South Korea is a potential and emerging market for growth of cosmetic implants surgery products.
Calf implants are used to increase the size and shape of the calves in patients who are dissatisfied with the shape and size of their calf muscles. The calf implants market is expected to reach $90 million by 2022, as these are generally preferred by athletes and bodybuilders to achieve a fit look.
The report also provides company profiles of major players operating in the global cosmetic implants market. The companies dominating the dental implants market include Dentsply Sirona Inc., Institut Straumann AG, Zimmer Holdings Inc., and Johnson & Johnson, while GC Aesthetics plc, Allergan Inc., and Sientra Inc., dominate the breast implants market.
Cosmetic Implants Market Key Benefits
- The study provides an in-depth analysis of the global cosmetic implants market, with current trends and future estimations, from 2014 to 2022, to elucidate the imminent investment pockets.
- Porter’s Five Forces analysis examines the competitive structure of the global cosmetic implants market and also provides a deeper understanding of the influence factors for market entry and market expansion.
- Pin-point analysis of geographic segments proffers identification of most profitable segments to capitalize on.
- Strategic analysis of the key leaders and their business strategies within the cosmetic implants market provided would assist stakeholders to make more informed business decisions.
- Competitive intelligence highlights the business practices followed by leading market players across various geographic regions.
Cosmetic Implants Market Key Segments
The global cosmetic implants market is segmented based on product, raw material, and geography.
Cosmetic Implants Market By Product
- Dental Implants
- Root Form
- Plate Form
- Breast Implants
- Silicone Gel-Filled
- Facial Implants
- Other Implants
- Buttock Implants
- Penile Implants
- Calf Implants
- Pectoral Implants
- Ear Implants
Cosmetic Implants Market By Raw Material
Cosmetic Implants Market By Geography
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- Rest ofLAMEA