March 17, 2020
According to the research report titled ‘Europe Breast Implant Market Size By Product, Shape, Application, Implant Texture, End-use, Industry Analysis Report, Regional Outlook, Estimated To Exceed USD 1.1 Billion By 2025’, available with Market Study Report, Europe breast implant market is expected to surpass USD 1.1 billion by the year 2025.
As per the report, growing inclination towards cosmetic surgeries along with increased pervasiveness of breast cancer are major factors driving the growth of Europe breast implant market. Breast implantation procedures help in enhancing self-confidence and self-image. Additionally, technological advancements in breast implants have facilitated in achieving favorable results which in turn is aiding the market expansion. Moreover, increasing affordability of cosmetic surgeries is further stimulating the industry outlook.
As per product type, silicone breast implant market segment was worth USD 578 million in 2018 and is expected to register significant growth during the forecast period. These implants not only provide natural appearance but also do not wrinkle and have a low risk of downward displacement.
Citing the end-use landscape, clinics segment is presumed to expand with a CAGR of 9.9% through 2025. The time required for breast implant surgeries in clinics is relatively shorter as compared to hospitals. In addition, availability of skilled medical professionals is fueling the segmental growth.
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Considering the geographical landscape, Germany breast implant industry generated revenue of USD 76.4 million in 2018 and is poised to acquire commendable gains in the forthcoming years. Rising number of plastic surgeons along with increasing awareness pertaining to breast implantation is facilitating the business scenario in Germany. Furthermore, shifting inclination towards cosmetic surgery is augmenting the demand for breast implants in the country.
The prominent companies operating in Europe breast implant market are Polytech Health Aesthetics, Sebbin SAS, GC Aesthetics, Cereplas, Laboratory Arion, Allergan Plc, Establishment Labs SA, Ideal Implant Inc., Mentor Worldwide LLC, and Sientra.