World Breast Implants Market to Post 5.89% CAGR to 2023, Expects Infoholic Research in Its Topical Report Available at MarketPublishers.com
19 Jul 2017 • by Natalie Aster
LONDON – Globally, the breast implants sector is projected to gather speed, posting a 5.89% CAGR to 2023.
Growing beauty consciousness, rising awareness of reconstructive breast surgical operations, favourable demographic data from pole to pole, expanding ageing population, are some of the major factors fuelling the market growth in the offing. The emerging market trends like a hike in the demand for composite breast implant treatments, growing medical tourism, and a hike in disposable personal income are projected to stimulate the market significantly in the years to come.
APAC and RoW are poised to be the emerging geographies. Brazil is the most lucrative market in the Latin American region, where the popularity of breast implants is likely to gain good traction in the years to come.
Silicone breast implants took the lead in the market valued at USD 1 billion as of 2016, and the segment is expected to register a 6% CAGR in the offing. Meantime, the saline breast implants segment is set to see a sluggish growth rate to 2023.
The market is fragmented with a lot of players, with the top 5 players taking leadership position. GC Aesthetics, Allergan, Sientra, and Mentor Worldwide, amid others, hold over 85% of the market share in the world breast implants market.
Topical report “Global Breast Implants Market – Drivers, Restraints, Opportunities, Trends, and Forecasts: 2017–2023” created by Infoholic Research gives a shrewd assessment of the actual scenario in the market on a global level.
It categorises the market based on type of product, end-use sector, and regions; providing market size estimates for the market as a whole and each of its sector. The study provides comprehensive, true details about the use and uptake of breast implants for breast augmentation or reconstruction. It canvasses key major trends, drivers, investments, vertical player’s incentives, and adoption rate in the years to come alongside the details of pure play firms coming into the market. Further, the report sheds light on the key challenges that are poised to influence the market development. Additionally, the report casts light on the key business opportunities in the marketplace. Granular forecasts of the market development through to 2023.
Visit Infoholic Research page to find more research reports drawn up by the publisher.