The Global Cosmetic Implant Market is rising continually, becoming a mainstream market. Factors such as the growing numbers of cosmetic treatments led by the increasing consciousness towards acquiring appealing looks drive the growth of the market. Besides, rising awareness among people about total wellness and well-being plays a significant role in fostering the growth of the market.
According to Market Research Future (MRFR), the global cosmetic implant market is poised to reach USD 11.2 BN by 2022. In its recently published analysis, MRFR also asserts that the market would register a CAGR over 7% throughout the forecast period (2017-2022). In 2016, the market had generated a value of USD 6.5 BN, meaning, the market would become double just in six years.
Cosmetic implants have evolved to a great deal with the extensive research in the field, over the past few years. They have proven as a safer and effective way to change physical appearance. Manufacturers operating in the market strive to develop products that can provide advanced solutions and ease out the processes for surgeons. Improved and painless processes are encouraging people to opt for cosmetic implant surgeries, increasing market demand.
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Additionally, factors such as the growing population, inclined towards wellness and good looks and the increasing geriatric populace, alongside the rapid urbanization, worldwide substantiate the growth of the market. The improving economic conditions across the globe provide impetus to market growth, increasing the purchasing power, and enabling access to the quality life.
Substantial amounts & seminal efforts invested by the players in the market to develop innovative technologies & advanced implants are fostering the uptake and hence, the growth of cosmetic implant market. Furthermore, cultural and social factors like influential media, fashion & film industry, alongside, the peer pressure for appearance & beauty and changing consumer preferences, etc. are fuelling the market growth to an extent.
On the other hand, factors such as inadequate reimbursements for cosmetic implant surgery, especially in the developed economies, are impeding the market growth. Nevertheless, recent technological progress took place in the field are expected to influence market growth by bringing about cost-competitive cosmetic implants.
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Cosmetic Implant Market – Segments
The report is segmented into four market dynamics to widen the scope of understanding,
By Type : Brest Implant, Dental Implant, Buttock Implant, and Facial Implant, among others.
By Material : Metals, Polymers, Ceramics, and Biologicals, among others.
By End-users : Dental Clinics, Hospitals, and Academics, among others.
By Regions : Europe, North America, Asia Pacific, and the Rest-of-the-World.
Global Cosmetic Implant Market – Geographical Analysis
North America leads the global cosmetic implants market with significant markets share. Increasing numbers of cosmetic and implant surgeries and augmenting demand for aesthetic products drive the regional market growth. The market is forecasted to retain its dominance throughout the forecast period, creating a larger revenue pocket. The cosmetic implants market in the US, led by the high per capita income and high spending on wellness, contributes to the regional market growth, significantly.
The highest GDP allows the region to have the edge over other regions in terms every aspect be it healthcare, technology or wellness, allowing access to the quality life. The presence of a large number of aesthetician population is a major driving force behind the growth in the regional market.
Europe takes the second leading position in the global cosmetic implant market in terms of revenue and size. The well-penetrated healthcare industry alongside, the flourishing medical device and implant market acts as a key tailwind pushing the market growth. Well-established markets in Germany & France drive the regional market growth on a large scale.
Moreover, increasing investments in medical cosmetic implant and rising numbers of cosmetic implant enthusiasts in the region driving the regional market, colossally. Inspired by a large number of aesthetician populace and resurging economy, the region is estimated to register a considerable CAGR during the review period.
The cosmetic implant market in the Asia Pacific region is emerging as a lucratively growing market. The burgeoning media & entertainment industry in India acts as a significant driving force substantiating regional market growth. Besides, the improving economic conditions, especially in India and China, support the growth of the regional market, increasing consumer purchasing power.
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Cosmetic Implant Market – Competitive Analysis
Fiercely competitive, the cosmetic implant market appears to be fragmented due to the presence of many well-established players. To gain a substantially large market share, these players are incorporating strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product & technology launch.
Players driving the global cosmetic implant market include ALLERGAN, INC., LABORATOIRES ARION, DENTSPLY Implant, 3M, Nobel Biocare Holding AG, CEREPLAS, Zimmer Holdings, Inc., Spectrum Designs Medical, Institut Straumann AG, Dyna Dental, AART, Inc., and Cortex Dental Implant Industries Ltd., among others.
Industry/ Innovation/ Related News:
July 04, 2019 —- Dentina Limited (the UK), a leading company involved in dental practice activities announced the acquisition of Clifton Dental Surgery (the UK), a specialty in general, cosmetic and implant surgery. This is the dental company’s sixth acquisition. Recently, Dentina had launched a multidisciplinary practice and referral service Specialist – Dental & Implant Centre in Bristol & Southwest.
TABLE OF CONTENT:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Cosmetic Implant Market, By Type
Chapter 7. Cosmetic Implant Market, By Diagnosis
Chapter 8. Cosmetic Implant Market, By Treatment
Chapter 9. Cosmetic Implant Market, By End-User
Chapter 10. Cosmetic Implant Market, By Region
Chapter 11. Company Landscape
Chapter 12 Company Profiles
Chapter 13 MRFR Conclusion
Chapter 14 Appendix
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