The breast implants market is anticipated to exhibit considerable growth during the forecast period. Breast implants are the medical devices that are implanted under the breast tissue or under the chest muscle for increasing (augmentation) of breast size or for rebuilding (reconstruction) breast tissue after mastectomy or other damage to the breast. Rising incidence of breast cancer, an increasing number of breast augmentation procedures and technological advancements are the major factors that are making a significant contribution to the growth of the breast implants market. Breast cancer is a leading cause of mortality across the globe, especially in low- and mid-income countries, due to changes in lifestyle and lack of adequate healthcare services, as well as less penetration of disease-fighting medical advances.
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According to the estimation of the American Cancer Society, in 2017, around 252,710 new cases of invasive breast cancer and 63,410 cases of in situ breast carcinoma were diagnosed among women in the US. According to the same source, breast cancer was the cause of mortality of around 40,610 women and 460 men in the US. According to Cancer Research UK, there are around 54,900 new breast cancer cases in the UK every year that is around 150 cancer cases per day. According to the report of the World Health Organization (WHO) released in 2018, 2.1 million women were diagnosed with breast cancer, leading to approximately 627,000 mortalities during the same year.
The rising prevalence of breast cancer and favorable reimbursement policy are leading to an increase in the number of women undergoing breast mastectomy which is surgical removal of one or both the breasts. According to the American Society of Plastic Surgeon (ASPS), in 2017, around 300,378 breast augmentation procedure was accounted in the US and increased to 313,735 in 2018. The increasing prevalence of breast cancer is anticipated to propel the growth of the global breast implants market over the forecast period. Moreover, rising expenditure on the cosmetic surgeries coupled with growing disposable income is further augmenting the global breast implants market.
According to a report published by the ASPS, Americans spent more than ever with $16.5 billion on cosmetic plastic surgeries and minimally invasive procedures in 2018, a 4% increase from 2017. The rising expenditure of the population on breast augmentation procedure is anticipated to generate a revenue stream for the breast implants market.
Global Breast implants Market Segmentation
By Product Type
By Application
Global Breast implants Market – Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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