The breast reconstruction global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Breast Reconstruction Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The breast reconstruction market size has grown strongly in recent years. It will grow from $1.53 billion in 2023 to $1.64 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to a rising focus on aesthetic outcomes, increasing incidences of obesity, an increase in a number of breast reconstruction procedures, a rise in the number of hospitals worldwide and the growing prevalence of breast surgeries.
The breast reconstruction market size is expected to see strong growth in the next few years. It will grow to $2.17 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to growing self-awareness and concerns regarding physical appearance, increasing prevalence of breast cancer, rising patient pool comprising women with genetic diseases, demand for breast implants, and the advancements in surgical techniques and technologies. Major trends in the forecast period include the advancement of healthcare infrastructure, technological advancements, strategic partnerships, new product innovations, and the expanding global healthcare access and infrastructure.
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Scope Of Breast Reconstruction Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Breast Reconstruction Market Overview
Market Drivers –
The increasing emphasis on aesthetic appearance is expected to propel the growth of the breast reconstruction market going forward. Aesthetic appearance refers to the visual appeal and natural look achieved through breast reconstruction, focusing on symmetry, shape, and proportion. The emphasis on aesthetic appearance is increasing as patients and surgeons prioritize outcomes that enhance both physical and psychological well-being, leading to improved quality of life and satisfaction with the reconstruction results. Breast reconstruction enhances aesthetic appearance by restoring the shape and symmetry of the breast after mastectomy or injury. For instance, in July 2023, according to the survey conducted by the International Society of Aesthetic Plastic Surgery, a US-based professional body for board-certified aesthetic plastic surgeons, aesthetic procedures reached 35 million in 2023, a 3.4% increase from 2022. Liposuction remained the most popular, with over 2.2 million procedures. The U.S. led globally with 6.1 million procedures, followed by Brazil with 3.3 million, excelling in surgical procedures at 2.1 million. Therefore, the increasing emphasis on aesthetic appearance is driving the growth of the breast reconstruction market.
Market Trends –
Major companies operating in the breast reconstruction market focus on developing advanced solutions, such as biocompatible-based smooth silicone, to enhance patient outcomes and address the complexities of reconstructive procedures effectively. Biocompatible-based smooth silicone refers to a type of silicone material that is safe for use in the body and designed to integrate smoothly with biological tissues. For instance, in March 2024, GC Aesthetics (GCA), an Ireland-based manufacturer of breast implants and medical devices, launched FixNip NRI, a nipple implant specifically designed for women who have undergone breast reconstruction surgery. This innovative device addresses a significant clinical need for aesthetic solutions in reconstructive surgery, especially for the nipple-areola complex (NAC), which has traditionally been difficult to reconstruct effectively. Made from biocompatible smooth silicone and featuring a floral-shaped nitinol frame, the implant allows for a minimally invasive procedure, usually completed in about 15 minutes.
The breast reconstruction market covered in this report is segmented –
1) By Product: Breast Implants, Tissue Expanders, Acellular Dermal Matrix (ADM), Other Products
2) By Technology: Inframammary, Peri-Areolar, Trans-Axillary, Trans-Umbilical
3) By Placement: Submuscular Insertion, Subglandular Insertion, Dual-Plane Insertion
4) By Shape: Anatomical, Round
5) By End-Use: Hospitals, Clinics, Ambulatory Surgery Centers, Other End-Uses
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Regional Insights –
North America was the largest region in the breast reconstruction market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the breast reconstruction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the breast reconstruction market are AbbVie Inc., Medtronic Plc, Stryker Corporation, Banner Health, Zimmer Biomet Holdings Inc., Arthrex Inc., Keller Medical Inc., Integra LifeSciences Holdings Corporation, RTI Surgical Holdings Inc., Establishment Labs Holding Corporation, Evolus Inc., Sientra Inc., Mentor Worldwide LLC, GC Aesthetics Inc., PMT Corporation, Polytech Health & Aesthetics, Cook Biotech, Neodyne Biosciences Inc., Bimini Health Tech LLC, Pinsky Plastic Surgery
Table of Contents
- Executive Summary
- Breast Reconstruction Market Report Structure
- Breast Reconstruction Market Trends And Strategies
- Breast Reconstruction Market – Macro Economic Scenario
- Breast Reconstruction Market Size And Growth
…..
- Breast Reconstruction Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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