The breast implant market was valued at US$ 1.88 billion in 2023 and is expected to reach US$ 2.82 billion by 2031. The market is expected to register a CAGR of 5.2% in 2023–2031. The evolution of breast implants will likely remain a market trend.
A variety of goods and techniques are available on the breast implant market to improve breast size or form. Things like new technological developments, cosmetics trends, safety issues, and legislative adjustments impact it. Manufacturers, surgeons, clinics, and regulatory agencies are examples of market participants. Recent trends include increased safety precautions, a move toward more natural-looking outcomes, and a rise in the desire for non-invasive alternatives.
It's a cosmetic procedure where implants are placed under the breasts to make them larger. Breast anatomy, body type, thickness and elasticity of the skin, and the amount of breast tissue required all influence the type and size of implants. A breast augmentation can boost a woman's confidence for certain women. For some, it's a necessary component of reconstructing the breast due to different ailments. The market is anticipated to grow as a result of the rising incidence of breast cancer, the FDA's approval of new products, the rise in cosmetic and breast augmentation surgeries, and other factors.
Breast augmentation, sometimes referred to as augmentation mammoplasty, is a type of breast enlargement surgery. It entails putting breast implants beneath the muscles or tissue of the chest. Currently, one of the most common and fashionable cosmetic surgery procedures worldwide is breast implant surgery. Women are growing more aware of their bodies as a result of modernization. This raises the number of breast implant procedures performed, which fuels the market's expansion. For instance, according to the International Society of Aesthetic Plastic Surgery, breast augmentation procedures continue to be the most popular surgical procedure for women globally, with 2.2 million performed in 2022—a notable 29% increase from 2021. With over 4.4 million procedures performed on the breast, a 25% increase from the previous year, all breast procedures show notable growth.
The most popular plastic surgery procedure among women worldwide is breast implantation (BI). BI is typically used in oncoplastic and cosmetic procedures. According to Medicine 2021, over 300,000 procedures involving breast augmentation and reconstruction surgeries were performed in the US in 2020. 58.4% of patients had breast augmentations; these patients were primarily in their 30s to 40s. Compared to the data from 2000, there was a 41% increase in the number of breast augmentation surgeries, and the demand for them continues to rise yearly. Thus, an increase in demand for breast implants is likely to create significant market opportunities.
Key segments contributing to the breast implants market analysis derivation are product, application, and surface type.
The breast implants market report's geographic scope is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
North America has dominated the breast implants market. In North America, the U.S. is the largest market for breast implants in 2023. The existence of regulatory organizations like Health Canada and the growing acceptance of breast implants in the region are the main drivers of market growth in North America. The primary driver of the European Union's breast implant market expansion is the existence of union regulatory policies. Furthermore, some European countries have lower costs for various medical surgeries depending on the procedure. The acceptance of breast implants in this region is being aided by the growing awareness of breast implants among Europeans. The market for breast implants in Asia Pacific is expanding quickly as a result of the rising incidence of breast cancer. Throughout the forecast period, the Asia Pacific market for breast implants is expected to grow due in part to the rising disposable income of Asian nations. The growing market is also attributed to rising awareness of improving one's physical appearance.
The regional trends and factors influencing the Breast Implants Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Breast Implants Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 1.88 Billion |
| Market Size by 2031 | US$ 2.82 Billion |
| Global CAGR (2023 - 2031) | 5.2% |
| Historical Data | 2021-2022 |
| Forecast period | 2023-2031 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Breast Implants Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Breast Implants Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The breast implants market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for breast implants and strategies:
The “Breast Implants Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: