The Global Cosmetic Implants Market size is expected to reach $15.3 billion by 2028, rising at a market growth of 7.8% CAGR during the forecast period.
Cosmetic implants enhance a person's look and treat defects caused by genetic disorders, injuries, and accidents. Patients could restore injured body parts more easily thanks to cosmetic implants. As a result, patients can more quickly recover from an event or improve their looks. Cosmetic implants can improve the face, buttocks, calf, chest, soft tissue or injectable implants, hair grafts or implants, or a penile implant. Silicone, expanded polytetrafluoroethylene, hydroxyapatite, and porous polyethylene are only a few materials used to make various aesthetic implants (Medpor).
The market is predicted to be positively reinforced by the launch of technologically improved implants, including form-stable anatomically shaped silicone gel breast implants and hyaluronic acid face filler. In addition, critical aspects anticipated to drive market expansion include the rising prevalence of target diseases, the rising acceptability of bio-implants, and clear regulatory rules in developed nations.
The demand for implants is expected to increase due to rising patient awareness of aesthetic appearance and the influx of several government programs focused on patient awareness campaigns globally. For instance, it is anticipated that the Breast Reconstruction Awareness Campaign, which aims to empower, engage, and educate women to make decisions about their well-being following a breast cancer diagnosis, will increase usage rates. According to estimates, revenue growth will be aided by rising healthcare costs globally and growing public knowledge of disease-remitted therapy.
Companies in all sectors have felt the effects of lockdown and government-imposed limitations due to COVID-19. As a result, businesses that depend on intimate personal touch with their customers, including those in the private healthcare industry and the health and beauty industries, have both been severely impacted. The cosmetic surgery business is at the nexus of these two industries, yet thus far, there has been a mixed response to Covid-19. Yet, the industry quickly recovered when the limitations were lifted since people around the world are now much more conscious of the importance of grooming and outward appearance.
The expansion of the aesthetic implants market is fueled by the adoption of aesthetic zone dentistry and digital dentistry, both of which provide significant advantages over conventional techniques. In addition, vendors are offering better dental implants by utilizing CAD/CAM technology. These technologies may modify implants to fit the patient's oral structure. Also, they enable precise implant placement, which speeds up healing and makes the procedure less invasive. The growth of the healthcare sector with the constant introduction of new and enhanced tools and procedures is expected to boost the market growth.
Social media has also grown to be a significant platform in aesthetic medicine. It combines several web-based electronic communication platforms to build an online community sharing ideas, knowledge, and other materials. Some well-known social media platforms include YouTube, Instagram, Facebook, Twitter, TikTok, WeChat, Reddit, and Snapchat. Social networking is now incredibly influential in the aesthetics world. Via various social media platforms, many cosmetic doctors and influencers raise awareness about aesthetic operations, and individuals are strongly influenced by the information they see. Because of this, the market for cosmetic implants is anticipated to rise significantly throughout the projected period.
The face implants may rupture months after surgery, though this is extremely unlikely. Many people are deterred from getting cosmetic surgery since several famous people have mishandled the process. Also, there is a persistent lack of medical specialists globally, particularly in low- and middle-income nations. Many instances of cosmetic procedures performed by skilled professionals that may have been done more expertly have been reported. In some cases, cosmetic surgery is carried out illegally to save money, and those carrying out these procedures aren't properly certified, registered, or permitted to do so. In the coming years, these factors are projected to restrict the cosmetic implants market's expansion.
By product, the cosmetic implants market is segmented into dental implants, breast implants, and facial implants and other. The facial implants segment covered a substantial revenue share in the cosmetic implants market in 2021. This is due to the fact that specially shaped solid materials that are compatible with human tissues are used in facial implants, which are intended to improve or augment the physical features of the face. The rising patient demand for facial aesthetic procedures, rising disposable income and purchasing power, and an increasingly elderly population are boosting the segment's expansion in the forecasted period.
Based on Raw Material, the cosmetic implants market is fragmented into polymers, metals, ceramics, and others. The metals segment witnessed the largest revenue share in the cosmetic implants market in 2021. This is owing to the fact that these metallic materials are an excellent option for complete joint replacement because they possess several qualities, including high strength, high fracture toughness, hardness, corrosion resistance, and biocompatibility. The most common and crucial biomaterials used for joint replacement are metallic implants. These characteristics are expected to propel the segment's growth.
Report Attribute | Details |
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Market size value in 2021 | USD 9.2 Billion |
Market size forecast in 2028 | USD 15.3 Billion |
Base Year | 2021 |
Historical Period | 2018 to 2020 |
Forecast Period | 2022 to 2028 |
Revenue Growth Rate | CAGR of 7.8% from 2022 to 2028 |
Number of Pages | 164 |
Number of Table | 279 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Product, Raw Material, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Region wise, the cosmetic implants market is divided into North America, Europe, Asia Pacific and LAMEA. In 2021, the North America region led the cosmetic implants market by generating the highest revenue share. The region is expanding due to increased patient knowledge of disease remitted treatments, increased prevalence of the target diseases, and high public and private healthcare spending. Moreover, favourable reimbursement policies, a solid clinical pipeline, and the approval of innovative medications would all support revenue growth. The rising usefulness of injury care-related items is fuelling the market's expansion.
Free Valuable Insights: Global Cosmetic Implants Market size to reach USD 15.3 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, AbbVie, Inc., Danaher Corporation, Dentsply Sirona, Inc., Institut Straumann AG, Sientra, Inc., Zimmer Biomet Holdings, Inc., GC Aesthetics PLC, and Polytech Health & Aesthetics GmbH.
By Product
By Raw Material
By Geography
The global Cosmetic Implants Market size is expected to reach $15.3 billion by 2028.
Enhancing healthcare infrastructure and new technology are driving the market in coming years, however, The risks connected to cosmetic procedures restraints the growth of the market.
3M Company, AbbVie, Inc., Danaher Corporation, Dentsply Sirona, Inc., Institut Straumann AG, Sientra, Inc., Zimmer Biomet Holdings, Inc., GC Aesthetics PLC, and Polytech Health & Aesthetics GmbH.
The expected CAGR of the Cosmetic Implants Market is 7.8% from 2022 to 2028.
The Dental Implants market is generating the high revenue in the Global Cosmetic Implants Market by Product in 2021, thereby, achieving a market value of $8 billion by 2028.
The North America market dominated the Global Cosmetic Implants Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,563 Million by 2028.
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