Breast Implants Market Size to Record 7.3% CAGR Over 2023-2030; Growing Focus of Market Players on New Product Launches to Improve Market Progress

The global breast implants market size touched USD 3.07 billion in 2022 and is predicted to reach USD 3.27 billion in 2023. The market is anticipated to touch USD 5.34 billion by 2030, recording a CAGR of 7.3% over 2023-2030.

Fortune Business Insights™ presents this information in its latest report titled “Breast Implants Market Size, Share & COVID-19 Impact Analysis, By Product (Breast Implants, and Tissue Expanders), By Material (Silicone and Saline), By Procedure (Breast Augmentation and Breast Reconstruction), By End-user (Hospitals and Specialty Clinics), and Regional Forecast, 2023-2030”.

The concept of cosmetic surgeries has become wildly popular among people, especially women, across the world. Factors, such as rising disposable income, social media, and growing emphasis on improving physical appearance. Women across the world are looking for different treatments that can help them enhance their aesthetics and delay the physical signs of aging. Since celebrities are their main source of inspiration, many women are undergoing breast augmentation surgeries. These aspects are predicted to enhance the breast implants market growth.

Elective Surgeries Postponed During COVID-19, Impeded Market Growth For Breast Implants

The COVID-19 pandemic compelled several governments to impose various restrictions and lockdowns to contain the spread of the virus. Moreover, plastic surgeons decided to either postpone or cancel elective or non-emergency surgeries, such as breast augmentation to allocate their resources to treat critical COVID-19-positive patients. These developments had a negative influence on the demand for these implants, and ultimately impeded the market growth.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/breast-implants-market-101404

Growing Focus of Market Players on New Product Launches to Improve Market Progress

Market players across the world are increasing their focus on introducing a wide range of products to improve the outcome of breast augmentation procedures. Women are also becoming more aware of the availability of a wide range of breast implants and their efficiency in improving the breast’s structure. For example, in January 2022, Mentor Worldwide LLC declared the U.S. Food and Drug Administration (FDA) approval of its MENTOR MemoryGel BOOST breast implants to carry out breast augmentation procedures in women aged 22 years and above. These companies are also focusing on enhancing the breast implant operations to make them more efficient and convenient for patients. These factors are expected to drive the market share.

Competitive Landscape

Key Market Players to Focus on Mergers, Acquisitions, and Other Strategies to Improve Their Market Position

The leading companies operating in this market include GC Aesthetics, Abbvie, Inc., and POLYTECH Health & Aesthetics GmbH. These companies held a major share of the global market. They are formulating various corporate growth strategies, such as mergers, acquisitions, and partnerships to fortify their presence in this industry. These strategies will also help them expand their product portfolios and attract new customers. The other firms involved in this industry include ARION LABORATORIES, Sientra, Inc., and Sebbin, among many others.

Notable Industry Development:

• December 2022 –  Sientra, Inc. announced that it had received the regulatory approval from the United Arab Emirates Ministry of Health and Prevention to commercialize its silicone gel implants in the country.

List of the Companies Profiled in the Report:

• AbbVie Inc. (U.S.)


• GC Aesthetics (Dublin)


• Sebbin (France)


• POLYTECH Health & Aesthetics GmbH (Germany)


• ARION LABORATORIES (France)


• Sientra, Inc. (U.S.)


• HansBioMed (Korea)

Further Report Findings

• North America accounted for the largest share of the global market in 2022 due to the high cost of breast augmentation procedures & implants, notable presence of key manufacturers, and introduction of favorable healthcare policies.


• The market in Asia Pacific is predicted to record a major growth rate in the global market during the forecast period as the adoption of cosmetic surgeries is rising at a rapid pace and there has been a notable increase in breast enlargement procedures.


• The breast implant segment held the largest market share in 2022 as the number of breast augmentation surgeries are on the rise across the world. Many companies are also trying to commercialize their novel products as they come with an improved durability.

Table of Segmentation