Cosmetic Implants Market to be Worth $21.2 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, June 21, 2023 /PRNewswire/ -- The global cosmetic implants market size is expected to reach USD 21.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2023 to 2030. Increasing demand for aesthetic procedures coupled with rising expenditure levels is expected to serve as a high impact rendering driver during the forecast period. The emergence of technologically advanced products, such as two form-stable silicone gel breast implants, is assisting the market growth of cosmetic implants.
Key Industry Insights & Findings from the report:
- Dental implants were the highest revenue-generating application area in 2022 owing to factors such as increasing consumption of junk food and aerated beverages, which are leading to tooth decay and other dental disorders.
- North America held nearly 35.5% of the global cosmetic implants market. Economic development and the presence of technological advanced products & healthcare infrastructure are key factors attributing for regions large share.
- Breast Implants to are expected grow at a lucrative CAGR during the forecast period owing to increasing popularity of celebrities which in turn motivate younger generation to look aesthetically appealing.
- Asia Pacific is expected to provide manufacturers with profitable growth opportunities over the estimated period. Rapidly developing healthcare infrastructure and rising patient awareness levels are key drivers attributing for the growth of this regional market.
Read 180-page market research report, "Cosmetic Implants Market Size, Share & Trends Analysis Report By Application (Dental Implants, Breast Implants, Facial Implants), By Material (Polymers, Ceramics, Metal, Biological Material), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.
Cosmetic Implants Market Growth & Trends
American Society of Plastic Surgeons (ASPS) revealed that Americans around USD 16.5 billion on cosmetic plastic surgery and minimally invasive procedures in 2018. Furthermore, the age group of 35-50 years accounted for nearly 40% of the total volumes of cosmetic procedures performed.
The rising prevalence of breast cancer, coupled with patient awareness programs such as the Breast Reconstructive Awareness Campaign is expected to empower women to make decisions pertaining to reconstructive surgeries. The lack of reimbursement policy related to cosmetic surgical procedures is a factor impeding market growth. However, economic development and increasing disposable income is expected to neutralize the effect of low reimbursement rates.
The advent of covid-19 had negatively impacted the growth of the cosmetic implants market as elective cosmetic treatments, especially invasive procedures, were halted. However, the market witnessed high post-pandemic boom as the demand to look appealing in Zoom calls, high disposable income, and affordable aesthetic treatments assisted in boosting market growth.
Cosmetic Implants Market Segmentation
Grand View Research has segmented the global cosmetic implants market on the basis of procedure, material, and region
Cosmetic Implants Market - Application Outlook (Revenue, USD Million, 2018 - 2030)
- Dental Implants
- Breast Implants
- Facial Implants
- Penile Implants
- Calf Implants
- Buttock Implants
- Others
Cosmetic Implants Market - Material Outlook (Revenue, USD Million, 2018 - 2030)
- Ceramics
- Polymers
- Metal Implants
- Bio Material
Cosmetic Implants Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Sweden
- Norway
- Denmark
- Asia Pacific
- China
- Japan
- India
- Australia
- Thailand
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East and Africa
- Saudi Arabia
- South Africa
- UAE
- Kuwait
List of Key Players of Cosmetic Implants Market
- 3M
- AbbVie, Inc
- Danaher Corporation
- Dentsply Sirona Inc.
- GC Aesthetics PLC.
- Institut Straumann AG.
- POLYTECH Health and Aesthetics GmbH
- Sientra Inc
- Zimmer Holdings Inc.
- BellaSeno GmbH
Check out more related studies published by Grand View Research:
- Cosmetic Dentistry Market - The global cosmetic dentistry market size is expected to reach USD 89.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.0% from 2022 to 2030. With the rising cases of dental disorders, the increasing awareness among people regarding maintaining dental hygiene and dental aesthetics are responsible for the market growth.
- Anti-acne Cosmetics Market - The global anti-acne cosmetics market size is expected to reach USD 8.91 billion by 2030 registering a CAGR of 9.0%, according to a new report by Grand View Research, Inc. The high psychological burden associated with acne, especially among women, is expected to be the key growth-driving factor for the market. Moreover, the easy availability of various products to treat acne is anticipated to support the market growth. According to the American Academy of Dermatology, it is one of the common skin disorders in the U.S., affecting approximately 50 million individuals every year, with nearly 85% of individuals between the age group of 12 and 24 years having minor acne. Thus, a high prevalence of this skin disorder is also anticipated to fuel the product demand, thereby augmenting the market growth.
- Cosmetic Surgery And Procedure Market - The global cosmetic surgery and procedure market size is expected to reach USD 145.7 billion by 2030, registering a CAGR of 9.6%, according to a new report by Grand View Research, Inc. Technological developments, growing use of social media, and increasing disposable income are some of the factors likely to drive the market during the forecast period.
Browse through Grand View Research's Medical Devices Industry Research Reports.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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