Breast Implants Market to Worth $3.79 Billion by 2028 - Arizton

According to the research report published by Arizton Advisory & Intelligence, the global breast implants market size was valued at USD 2.52 billion in 2021. It is projected to reach USD 3.79 billion by 2028, with growth at a CAGR of 7% in the upcoming years. 

The latest trends in the global breast implants market are the growing demand for gummy-bear implants, technological advancements in breast implants, and the growing popularity of minimally invasive procedures.

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Growing Popularity of Minimally Invasive Procedures 

The rapid acceptance of minimally invasive breast augmentation is anticipated to provide significant growth to the market. The emergence of under-the-muscle (armpit) breast enlargement, also called transaxillary breast augmentation, has revolutionized the breast implants market as the scar is not visible in these procedures and is thus considered a minimally invasive procedure. In recent years, transaxillary breast augmentation has grown and is gaining popularity. The growing popularity of transaxillary breast augmentation procedures can be attributed to a lower risk of scarring. 

Increasing Prevalence of Breast Cancer 

Breast cancer continues to be the most common cancer among females worldwide. The rising number of breast cancer cases fosters the growth of implant-based breast reconstruction procedures. According to the GLOBOCAN 2020 survey, the breast cancer rate in India alone has reached almost 13.5%. Countries like Indonesia, Singapore, and Malaysia have the highest breast cancer death rates. The rate of mastectomy in the APAC region is rising due to many breast cancer cases. Hence, the rising mastectomy rate in the region is driving the breast implant market. 

Growing Demand for Cosmetic Surgeries 

The growing social and cultural influences such as the media, film industry, peer pressure for appearance and attractiveness, and shifting dimensions of beauty are driving the breast implants market growth. They have raised the number of cosmetic surgery hospitals worldwide. For instance, in 2020, USD 16.7 billion was spent on cosmetic procedures in the US, according to ASPS. The use of social media and social networks are part of modern life, and they have contributed to making women aware of trending cosmetic surgeries. More people are using these online channels to get health procedures and surgeries information. Thus, with the rise of social media, the growth of the cosmetic surgery industry is fostered. 

Technological Advances in the Breast Implants Market 

High Strength Cohesive Breast Implants 

In March 2022, Sientra, a key company in the global breast implants market, received approval from Health Canada for the commercialization of its smooth round high strength cohesive (HSC) and high strength cohesive plus (HSC+) silicone gel breast implants in Canada in partnership with its distribution partner, Kai Aesthetics. The company received regulatory approval for the same breast implants in Saudi Arabia in September 2022. 

3D Printed Scaffold Might Replace Conventional Breast Implants 

On January 4, 2023, CollPlant announced its successful pre-clinical results for its 3D bioprinted regenerative breast implants porcine study that showed progressive stages of tissue regeneration as highlighted by the formation of maturing connective tissue and neovascular networks within the implants. It also showed no indication of adverse reaction. 

In 2022, Australian scientists succeeded in using additive manufacturing to produce scaffolds that could replace conventional silicone breast implants in the future. The scaffold is designed to look like a conventional breast implant and is made of the same material used for dissolvable stitches. 

Market Segmentation 

Product: Silicone and Saline 

Shape: Round and Anatomical 

Surface: Smooth and Textured 

Application: Breast Augmentation and Breast Reconstruction 

End-User: Hospitals, Cosmetology Clinics, and Others 

Geography: North America, Europe, APAC, Latin America, and Middle East & Africa 

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Arizton offers syndicate and custom market intelligence & competitive intelligence solutions across MedTech, pharmaceuticals, and life sciences & biotechnology markets within the healthcare industry. Arizton’s healthcare vertical provides unbiased research and evidence-based analysis to support business decisions and comprehensive end-to-end solutions to its customers, covering all dimensions of the healthcare value chain. We track various devices (equipment, implants, and hospital supplies) and drugs (patented, generic, & OTC) across North America, Europe, APAC, Latin America, and the Middle East & Africa regions. The healthcare reports provide historic and forecast data for 20+ key countries worldwide. We track product approvals/launches, M&A activities, and collaboration/partnership activities among pharma/biotech, medical device, and life sciences companies. Our pharmaceutical portfolio tracks 15+ therapy areas with a major focus on immunology, oncology, rare & genetic diseases, dermatology, and metabolic diseases. Our medical devices and life sciences portfolio covers in-vitro diagnostics, healthcare IT, patient monitoring, cardiovascular devices, medical imaging, personal protective equipment, clinical laboratory services, and CMO/CDMO services. 

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