The breast reconstruction market is expected to reach US$ 945.27 million by 2028 from US$ 593.61 million in 2020; it is estimated to grow at a CAGR of 6.1% during 2021–2028.
Breast reconstruction is the surgical process of rebuilding the shape and look of a breast, most commonly in women who have had surgery as a part of breast cancer treatment. To reconstruct a natural-looking breast, the reconstruction process is done by using autologous tissue, prosthetic implants, or a combination of both .
The growth of the breast reconstruction market is attributed to the factors such as the high prevalence of breast cancer, and new product launches and FDA approvals. However, low awareness regarding reimbursement policies hinders the market growth.
Market Insights
High Prevalence of Breast Cancer
Breast cancer is one of the most common types of cancer observed among women. It is majorly characterized by the development of lumps in breasts, inversion of nipples, change in breast shape, release of fluids from nipples, red or scaly patches on skin, dimpling of the skin, and pain and soaring of nipples. Breast cancer is treated using mastectomy, a procedure that includes removal of entire breast through a surgical process. Breast reconstruction surgeries are used to rebuild the breasts after mastectomy. Implant reconstruction and autologous or flap reconstruction are the two main techniques used in these surgeries. With the increasing prevalence of breast cancer worldwide, many women are opting for reconstruction procedures to regain the original shape of their breasts after the mastectomy. According to breastcancer.org, as of January 2018, over 3.1 million women in the US had a history of breast cancer, including those who were undergoing a treatment and those who had undergone treatments in the past. Further, according to a study published by the World Health Organization (WHO), ~2.3 million women across the world were newly diagnosed with breast cancer in 2020. In addition, according to a study published in the journal of American Society of Clinical Oncology in 2020, ~1 in 29 women in India suffers from breast cancer at some point in life. Similarly, according to the breastcancercare.org.uk, the UK had ~691,000 women diagnosed with breast cancer and this number is estimated to reach 840,000 by 2020. Similar trends of rise in number of breast cancer cases have been observed in other parts of the world. The increasing prevalence of breast cancer, coupled with the growing preference for breast reconstruction procedures post mastectomy, is bolstering the market growth.
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Technology -Based Insights
The breast reconstruction market, by technology, is segmented into inframammary, peri-areolar, trans-axillary, and transumbilical. The inframammary segment held the largest share of the market in 2020, and the peri-areolar segment is anticipated to register the highest CAGR in the market during the forecast period.
Type-based Insights
By type, the breast reconstruction market is bifurcated into breast implants and implants accessories. The breast implants segment held a larger share of the market in 2020, and the same segment is anticipated to register a higher CAGR in the market during the forecast period.
Placement -based Insights
By Placement, the breast reconstruction market is segmented into dual-plane insertion, subglandular insertion, and submuscular insertion. The dual plane insertion segment held the largest share of the market in 2020. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Procedure -based Insights
By Procedure, the breast reconstruction market is segmented into immediate procedures, delayed procedures, and revision procedures. In 2020, the immediate procedures segment held the largest share of the market. Also, the market for the same segment is expected to grow at the fastest rate during the coming years.
Product launches and approvals are the commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the breast reconstruction market players focus on the collaboration strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name globally.
Breast Reconstruction Market Regional Insights
Breast Reconstruction Market Regional Insights
The regional trends and factors influencing the Breast Reconstruction Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Breast Reconstruction Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Breast Reconstruction Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 593.61 Million |
Market Size by 2028 | US$ 945.27 Million |
Global CAGR (2020 - 2028) | 6.1% |
Historical Data | 2018-2019 |
Forecast period | 2021-2028 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Breast Reconstruction Market Players Density: Understanding Its Impact on Business Dynamics
The Breast Reconstruction 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 Reconstruction Market are:
- Allergan Plc
- Mentor Worldwide LLC (Subsidiary of Johnson & Johnson)
- Sientra Inc.
- GC Aesthetics PLC
- POLYTECH Health & Aesthetics GmbH
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Breast Reconstruction Market top key players overview
By Technology
- Inframammary
- Peri-Areolar
- Trans-Axillary
- Transumbilical
By Type
- Breast Implants
- Implants accessories
By Placement
- Dual Plane Insertion
- Subglandular Insertion
- Submuscular Insertion
By Procedure
- Immediate Procedures
- Delayed Procedures
- Revision Procedures
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of Asia Pacific
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Allergan Plc
- Mentor Worldwide LLC (Subsidiary of Johnson & Johnson)
- Sientra Inc.
- GC Aesthetics PLC
- POLYTECH Health & Aesthetics GmbH
- HANSBIOMED CO. LTD
- IDEAL IMPLANT INCORPORATED
- Guangzhou Wanhe Plastic Materials Co., Ltd.
- Establishment Labs S.A.
- Groupe Sebbin SAS
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology , Type ; Placement , Procedure , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The growth of the region is attributed to factors such as increasing incidence of breast cancer and favorable reimbursement policies. Moreover, presence of well-developed healthcare infrastructure and government support are some of the prominent factors propelling the market growth in North America. In addition, the Asia Pacific is expected account for the fastest growth in the breast reconstruction market. An increasing awareness about breast reconstruction therapies through government support coupled with increasing investments for product development, sales and distributions is anticipated to offer lucrative opportunities for the growth of Asia Pacific breast reconstruction market during the forecast period.
Breast reconstruction is the surgical process of rebuilding the shape and look of a breast, most commonly in women who have had surgery to treat breast cancer. It involves using autologous tissue, prosthetic implants, or a combination of both with the goal of reconstructing a natural-looking breast.
The growth of the market is attributed to some key driving factors such as attributed to increasing product development and growing government support for breast reconstruction procedures. In addition, the growing incidence of breast cancer is also offering a favorable growth opportunity. For instance, according to a study published on NCBI in 2020, for implant-based reconstructions the average reimbursement was around 16.3% for Medicaid and around 67.2% for private insurance. Such strategic steps are also projected to drive the market growth.
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The List of Companies - Global Breast Reconstruction Market
- Allergan Plc
- Mentor Worldwide LLC ( Subsidiary of Johnson & Johnson)
- Sientra Inc.
- GC Aesthetics PLC
- POLYTECH Health & Aesthetics GmbH
- HANSBIOMED CO. LTD
- IDEAL IMPLANT INCORPORATED
- Guangzhou Wanhe Plastic Materials Co., Ltd.
- Establishment Labs S.A.
- Groupe Sebbin SAS