The global cosmetic implants market is poised for significant expansion, driven by increased healthcare spending, heightened awareness of cosmetic procedures, and the proliferation of specialty clinics and ambulatory centers. The surge in social media influence, coupled with a growing emphasis on physical appearance awareness, is expected to fuel market growth in the forecast period.
Key Highlights from Market Study:
The global cosmetic implants market is forecasted to nearly double by the end of 2032.
The dental implants segment is anticipated to present lucrative opportunities, with developing countries making significant strides in budgetary allocations, offering attractive prospects for market players.
By product type, the dental implants segment is expected to achieve a Compound Annual Growth Rate (CAGR) of 5.8% by 2032.
The polymer implant segment, categorized by raw material, is projected to expand at a growth rate of 5.9% during the forecast period.
The U.S. market is estimated to reach US$ 6.4 billion, recording a CAGR of 5.5% from 2022 to 2032.
China’s market is set to attain US$ 1.3 billion, experiencing a growth rate of 5.1% during the assessment period.
An analyst at Future Market Insights states, “The rising demand for cosmetic procedures and growing technological advancements in the healthcare sector are expected to fuel the demand for the cosmetic implants market over the forecast period.”
Challenges to Market Growth:
Despite the increasing popularity of cosmetic implants, certain factors may hinder market growth. The high cost of cosmetic implants and concerns about malfunctioning are significant challenges. Additionally, surgical complications, rising cosmetic surgery expenses, adverse effects of cosmetic procedures, and inadequate healthcare facilities in some developing economies pose threats to market expansion. Lack of awareness regarding the operational effectiveness and benefits of technologically advanced implant systems also constrains market growth.
Competitive Landscape:
Leading players in the global cosmetic implants market include:
3M Company
Polytech Health & Aesthetics GmbH
Sientra Inc.
GC Aesthetics Plc.
Danaher Corporation
Dentsply Sirona Inc.
Straumann
Johnson & Johnson
Zimmer Biomet Holdings Inc.
AbbVie Inc.
Cochlear Ltd.
Henry Schein Inc.
Recent Key Developments:
In January 2022, Sientra, Inc. acquired assets related to AuraGen Aesthetic, LLC’s fat grafting technology, the AuraGen with AuraClens.
In May 2022, GC Aesthetics®, Inc. launched an innovative Nipple Areola Complex (NAC) to address the clinical need for reconstructing the nipple-areola complex.
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Key Segments Covered in the Cosmetic Implants Industry Survey:
Product Type:
Cosmetic Breast Implants
Cosmetic Facial Implants
Cosmetic Dental Implants
Other Cosmetic Implants
Raw Material:
Biomaterial Implants in Cosmetic Implants
Metal Implants in Cosmetic Implants
Polymers Implants in Cosmetic Implants
Ceramic Implant in Cosmetic Implants
Region:
North America
Europe
APAC
Middle East & Africa
Latin America
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that boost demand in the market. FMI is a leading global provider of market intelligence, advisory services, consulting, and events for various industries, including Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals. With a vast team of over 5000 analysts worldwide, FMI provides expertise on diverse domains and industry trends across more than 110 countries.