Breast Implants Market forecast to grow over 5% CAGR from 2017 to 2024: Global Market Insights Inc. The research report “Breast Implants Market Size By Product (Silicone Implant, Saline Implant), By Shape (Round, Anatomical), By Application (Breast Augmentation, Breast Reconstruction), By End Use (Hospitals, Clinics, Others), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Egypt), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says, Breast Implants Market size is set to exceed USD 4 billion by 2024. Rising number of breast augmentation procedures coupled with increasing breast cancer incidence will drive market size over the forecast timeframe. Augmentation procedures enable women to increase their breast size and improves bust and hip contour balance. Reconstruction procedures help to restore one or both breasts to near normal size, shape and appearance.
High cost of implantation procedure will impede industry expansion. Risk of complications in the case of both saline and silicone implants further limits procedure adoption. Complications associated with the procedure include infection, scarring, capsular formation and contraction, sensation changes to breast and nipple and chances of implant rupture. Additional surgeries may be required for treating the same. Silicone implants accounted for the largest revenue share due to its resemblance to natural breast tissue. Other benefits such as reduced probability of rippling and wrinkling further boosts adoption. However, difficulty of detecting device rupture restrains segment expansion. The rupture can only be detected after conducting an MRI. Anatomical implants are poised to grow at a lucrative pace owing to its sloped contour with more implant material located at the bottom that provides a more natural appearance. These inserts provide greater projection with same volume as compared to round shaped ones. However, risk of rotation and rippling coupled with higher costs restrains segment growth.
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