March 06, 2020
As per the report titled ‘North America Breast Implant Market Size By Product, Application, Implant Texture, End-use, Industry Analysis Report, Regional Outlook, Estimated To Exceed USD 1.3 Billion By 2025’, available with Market Study Report LLC, North America breast implant market is projected to accumulate USD 1.3 billion by the year 2025.
Increasing cases of breast cancer across the region is a major growth driver for North America breast implant market. Moreover, increasing positivity towards cosmetic surgeries coupled with growing accessibility due to declining cost of breast implant procedures will further augment the market growth in the coming years. Citing an instance, over 1.8 million cosmetic surgeries were performed in 2017, wherein breast augmentation held the maximum share, as stated by American Society of Plastic Surgeons. Hence, increasing number of cosmetic surgeries on account of improved psychosocial and sexual well-being are supporting the business outlook.
Based on the product terrain, North America breast implant market is bifurcated into saline and silicone. The silicone segment amassed USD 688.2 million in 2018 and is expected to record considerable growth during the forecast period. The growth can be credited to advantages of silicone implants over saline implants, such as reduced wrinkling, natural appearance, and lower risk of downward displacement.
In terms of implant texture, the market is categorized into smooth and textured. Smooth breast implant market segment in North America is estimated to register a CAGR of 10% through 2025. These implants allow free movement during activities. This factor, along with softer and natural feel as compared to textured implants is augmenting the demand for smooth implants.
Speaking of the end-use spectrum, North America breast implant market is segmented into hospitals, clinics, and others, among which clinics segment is anticipated to growth with a CAGR of 9.7% over the estimated timeframe. Shorter operation period as compared to hospitals, superior infrastructure, and specific attention to patients are fueling the popularity of clinics.
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Considering the geographical landscape, North America breast implant market is divided into U.S. and Canada. As per the report, Canada is expected to gain for significant share of North America breast implant market by the end of 2025. Increasing inclination towards breast implantation procedures among the young women coupled with inflowing investment in R&D activities are supporting the regional market growth. Furthermore, easy loans approvals for cosmetic surgeries across the region will stimulate North America market growth in the forthcoming years.
GC Aesthetics, Sientra, Ideal Implant, Inc., Mentor worldwide LLC, Establishment Labs SA, Laboratory Arion, Allergan Plc, and Cereplas are the major players of North America breast implant market.
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