Cosmetic implant is an emerging area in medical implants which is used to enhance the aesthetic appearance of the person. A facial implant is a procedure in which synthetic materials, including silicone are used to provide cosmetic definition to the face and is typically performed on chin, cheeks, or jaw of the patient. These implants are crafted according to the needs of the patient. However, alternatives that include injectable fillers can also be used.The cosmetic implants market is expected to register substantial growth in the future, owing to advancement in breast implants and increase in new product approvals in market. For instance, in August 2020, Sientra Inc, a global medical aesthetics company, received Japan’s Pharmaceutical and Medical Device Agency (PDMA) approval for entire OPUS line, which is breast implant product in Japan. Furthermore, the adoption of these cosmetic implants is influenced by growth in safety and increase in awareness regarding implants.
In addition, increase in prevalence of dental deformities and cleft lip or plates drives the growth of market. However, high cost of cosmetic implant procedure and risk of product malfunctions are factors anticipated to hamper market growth during the forecast period.
Cosmetic implants market is segmented on the basis of product, raw material, and region. Depending on product type, it is fragmented into dental implants, breast implants, facial implants, and other implants. On the basis of raw material, it is segregated into polymers, metals, ceramics, and biomaterials. Region wise, it is analyzed across North America (the U.S., Canada, Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
The key players operating in global cosmetic implants market include 3M Company, AbbVie Inc., Danaher Corporation, Dentsply Sirona Inc., GC Aesthetics plc., Institut Straumann AG, Johnson & Johnson, Polytech Health & Aesthetics GmbH, Sientra Inc., and Zimmer Holdings Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cosmetic implants market analysis from 2020 to 2030 to identify the prevailing cosmetic implants market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cosmetic implants market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global cosmetic implants market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
- Dental Implants
- Breast Implants
- Facial Implants
- Other Implants
By Biomaterial
- Polymers
- Metals
- Ceramics
- Biomaterials
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Colombia
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- 3M
- AbbVie, Inc
- Danaher Corporation
- Dentsply Sirona Inc.
- GC Aesthetics PLC.
- Institut Straumann AG.
- POLYTECH Health and Aesthetics GmbH
- Sientra Inc
- Zimmer Holdings Inc
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Table of Contents
Executive Summary
According to this report titled, 'Cosmetic Implants Market,' the cosmetic implants market size was valued at $9,240.80 million in 2020, and is estimated to reach $20.5 Billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. Cosmetic implant is embedded implant used to improve the aesthetic beauty of an individual. Either Invasive or non-invasive surgical procedures are used to embed the cosmetic implants in body of an individual. People can now easily replace damaged or missing body parts, regain their natural look, and enhance their aesthetic appearance, owing to cosmetic implants.Increase in demand for minimally invasive repair surgeries, rise in number of road accidents & trauma cases, and surge in cases of congenital face and tooth deformities contribute to the growth of cosmetic implants industry. In addition, increase in geriatric population contributes surge the growth of cosmetic implants market analysis. Furthermore, geriatric population are prone to dental deformities. For instance, as per the Eurostat, in 2020, it was reported that more than 20.6 % of the Europe population aged 65 and above.
Depending on product, the market is classified into dental implants, breast implants, and facial implants. The dental implant segment was the major revenue contributor in 2020, owing to increase in dental deformities and malocclusion. Furthermore, demand for facial implants is increasing, owing to increase in demand for facial correction and aesthetic appearance, which, in turn, boost the cosmetic implants industry. On the basis of raw material, it is categorized into polymers, metals, ceramics, and biomaterials. The metal segment is projected to exhibit the fastest growth during the forecast period, owing to increase in demand for facial implants and rise in number of cosmetic hospitals.
The COVID-19 outbreak negatively impacted the cosmetic implants market, owing to shutdown of dental clinics and cosmetic hospitals. The COVID-19 significantly affects critically ill patients. Most of the cosmetic surgeries were either canceled or postponed to prevent the spread of infection. However, cosmetic hospitals are reopened to operate with more precautions, which contributes to market growth post pandemic.
North America was the leading revenue contributor to the global cosmetic implants market share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to its well-developed healthcare industry, presence of high number of cosmetic surgeons, and rise in number of patients undergoing cosmetic surgery. However, Asia-Pacific is expected to grow at the highest CAGR of 9.6% during the cosmetic implants market forecast period, as it is expected to offers lucrative opportunities for cosmetic implants players, owing to increase in demand for cosmetic surgeries and improvement in healthcare facilities.
Key Findings of Study
- On the basis of product, the dental implant segment was the highest contributor to the market in 2020.
- Depending on raw material, metal segment dominated the market in 2020
- Region wise, North America garnered the largest revenue share in 2020, whereas Asia is anticipated to grow at the highest CAGR during the forecast period.
Companies Mentioned
- 3M
- AbbVie, Inc
- Danaher Corporation
- Dentsply Sirona Inc.
- GC Aesthetics PLC.
- Institut Straumann AG.
- POLYTECH Health and Aesthetics GmbH
- Sientra Inc
- Zimmer Holdings Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 220 |
Published | March 2022 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 9240.8 million |
Forecasted Market Value ( USD | $ 20541.2 million |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |