The Asia Pacific Facial Implant Market would witness market growth of 9.3% CAGR during the forecast period (2021-2027).
The increasing significance placed on personal beauty, particularly among celebrities, has resulted in a demonstration effect among a huge percentage of the populace, resulting in an increase in demand for facial implants globally. In addition, the expanding number of sports-related face injuries, as well as the desire for facial implants for facial trauma reconstruction have been witnessed all around the world. Moreover, the rising cost of healthcare has also been a source of anxiety for a considerable portion of the public. This prevents people from boosting their spending by choosing facial implants for cosmetic reasons. Further, the progressive rise in public knowledge of the benefits of facial implants has contributed significantly to the growth of the industry.
Furthermore, companies in the facial implant market are focusing on boosting growth in the modeling sector by using numerous facial implant techniques, like cheek, chin, and jaw, as well as the use of various materials in the preparation for better results. Hence, materials play a vital role in facial implants since they closely resemble the facial structure. Patients who have suffered burns, muscular atrophy, or traumas may benefit from facial implants. As there is no other way to remodel the facial area, many medical conferences are now held to educate doctors on the latest procedures in the field of facial implants.
A rising geriatric population base in Asian nations with substantial untapped prospects, such as Japan and China, would help the regional industry to grow further. As a result, demand for several restorative and surgical therapies has increased. In addition, greater spending on self-care and a high degree of awareness about the many healthcare options available are the key trends of the regional market. The region would experience significant industrial growth as people become more aware of the demand for minimally invasive cosmetic services. According to the International Society of Aesthetic Plastic Surgery, 895,896 cosmetic treatments were performed in India in 2018, with over 500,000 non-surgical procedures. Furthermore, given the country's developing medical tourism business, the cost-effectiveness of treatment would have an impact on market growth.
The China market dominated the Asia Pacific Facial Implant Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $301.5 million by 2027. The Japan market is poised to grow at a CAGR of 8.6% during (2021 - 2027). Additionally, The India market would exhibit a CAGR of 9.9% during (2021 - 2027).
Based on Procedure, the market is segmented into Eyelid Surgery, Facelift, and Rhinoplasty. Based on Product, the market is segmented into Chin & Mandibular Implants, Cheek Implants, Nasal Implants, and Injectables. Based on Material, the market is segmented into Polymers, Metal, Biologicals, and Ceramic. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Facial Implant Market is Projected to reach USD 3.6 Billion by 2027, at a CAGR of 8.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Matrix Surgical USA, Eurosurgical Ltd., Implantech Associates, Inc., Hanson Medical Inc., Zimmer Biomet Holdings, Inc., Johnson & Johnson, Integra LifeSciences Holdings Corporation, Sientra, Inc., Stryker Corporation, and Medartis AG.
By Procedure
By Product
By Material
By Country
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