Europe Breast Implants Market size was valued at USD 578 million in 2018 and is expected to witness 9.8% CAGR from 2019 to 2025.
Europe Breast Implants Market, By Product, 2018 & 2025 (USD Mn)
Rising cases of breast cancer will positively influence Europe breast implants market growth in the forecast period. According to WHO, breast cancer is the most common form of cancer in women, accounting for more than 25% of the total cancer patients in the European region. Also, the desire to achieve shapely breasts is luring a lot of women for breast implantation procedures. Thus, rising desire for enhancement of breast will lead to increasing demand for breast implants in Europe over the coming years.
Growing awareness towards breast implant procedures will offer lucrative market growth potential over the forecast period. Improving perception towards cosmetic surgeries augments adoption rate of breast implants. Also, benefits like improved sexual and psychosocial well-being, better quality of life and risen satisfaction with the appearance of breasts should lead to significant Europe breast implants market growth during the upcoming years.
Rising desire for an attractive look has resulted in greater number of females opting for breast augmentation procedures for changing their breast size and shape which drives market growth. Developments in technology of breast implants such as changes in material, design and fill volumes resulting in reduction of problems of rippling and wrinkling should further augment adoption. Growing number of skilled plastic surgeons required for conducting these procedures along with providing valuable consultation to patient will further boost growth.
Silicone breast implants market held significant revenue size of USD 554.8 million in 2018. Apart from natural appearance, these breast implants also provide less wrinkling and decreased risk of downward displacement. Hence, aforementioned reasons will drive the adoption of silicone breast implants among patients for desired results in the forthcoming years.
Saline breast implants is estimated to witness considerable progress at 8.7% CAGR over the forecast period. Small incision is required during the implantation process, this will boost the implants’ adoption rate. These implants can be filled and adjusted during the procedure. This provides scope for adjusting volume for improved breast symmetry. Abovementioned, reasons will further stimulate the segmental growth.
Round breast implants segment is estimated to grow with a promising CAGR of 10.1% in the forecast period. These breast implants have fluid that acquire the shape of natural breasts. Also, properly proportioned breasts can be achieved by these implants. These properties of round breast implants will drive the segmental growth.
Anatomical breast implants market will grow at robust 7.5% CAGR during the forecast period. These implants provide aesthetically fuller and firmer look to the breasts. Anatomical implants are also used for restoration of lost breast volume after breast feeding, breast lift and balancing asymmetries. Therefore, rising application of anatomical breast implants will boost the product demand, thereby increasing the market growth.
Breast reconstruction segment is estimated to grow at momentous pace of 9% CAGR over the forecast timeframe. The demand from women affected by breast cancer is increasing as the procedure restores breast volume and aesthetics after mammoplasty. With rising cases of breast cancer, breast reconstruction segment will grow lucratively over the forecast period.
Breast augmentation market dominated the breast implants market in 2018 with over 86% revenue share in 2018. Increase in number of women opting for breast augmentation procedure is estimated to witness a robust growth. This growth is attributed to short procedural duration and less complications. These reasons will impel the demand for breast augmentation procedures over the upcoming period.
Smooth breast implants segment is estimated to grow at a lucrative CAGR of 9.4% during the projected period. The properties of smooth breast implants like free movement with natural activities will augment the demand for such implants. Moreover, sleek appearance will favour customer preference, hence driving the segmental growth.
Textured breast implant market accounted for over USD 517.9 million in 2018. Features such as stabilization and reduction of capsular contracture is offered by textured breast implants. Implants movement is checked after attachment to the tissue capsule that increases the preference for textured implants. In addition, rising incidence of breast cancer and increasing demand for breast reconstruction will spur textured implants market share in the forthcoming years.
Clinics segment is expected to grow with the highest CAGR by end-use in the forecast period. The procedural time is shorter in clinincs in comparison to hospitals. Also, clinics also offer availability of skilled resources and specific attention is provided to patients. Abovementioned factors will boost the segmental growth.
Hospitals segment will witness lucrative growth at 9.7% CAGR over the forecast timeframe. A wide variety of diagnostic, curative and rehabilitation services are provided in hospitals. Hospitals have larger infrastructure and budget as compared to clinics and ambulatory surgical centers as well as organized medical, nursing and other healthcare professional staff are present. Hence, greater safety and care provided in hospitals will further boost influx of patients for breast implantation procedures in hospitals over the coming years.
Germany breast implants market accounted USD 76.4 million in 2018 and is forecasted to progress at rapid pace over the projected period. Rising number of plastic surgeons should boost adoption rate of the breast implants. According to International Society for Aesthetic Plastic Surgery, plastic surgeons in Germany increased approximately 4.6 percent between 2014 and 2016. As per the German Society of Plastic, Reconstructive and Aesthetic Surgeons, breast reconstruction is frequently performed in the country. Increasing frequency of women opting for reconstruction procedures will positively impact market growth. According to MedBeauty, in 2015, around 50,000 breast augmentations were performed in Germany. Such rapid adoption of breast augmentation procedures will positively impact German breast implants market growth.
Some of the major industry players involved in Europe breast implants market include Sientra, Mentor worldwide LLC, Ideal Implant Inc, Establishment Labs SA, Allergan Plc, Laboratory Arion, Cereplas, Sebbin SAS, Polytech health & aesthetics and GC Aesthetics. These firms are adopting inorganic growth strategies such as partnerships, collaborations and new product launches to gain competitive edge over other market players. For instance, in October 2017, Mentor announced the availability of MemoryGel silicone-gel filled breast implants. This strategy will help the firms in expanding their customer base as well as grow financially.
Europe breast implants market will witness momentous growth during the forecast timeframe owing to expanding medical tourism in European countries, rising demand for cosmetic procedures such as breast reconstruction and increasing number of surgeons. High importance and attention to aesthetic value and appearance will further increase the demand for cosmetic procedures. Furthermore, many countries in Europe offer cheaper breast implants including Switzerland and Poland. Above factors are forecasted to drive Europe breast implants market in forthcoming years.
However, in 2011, French company Poly Implant Prosthese breast implants were found to have an unusually high rates of rupture owing to the use of industrial grade silicone that can restrain adoption rate. Subsequently, after the PIP scandal the European commission has adopted stricter measures for improving the safety of these medical devices.
In future years, growing number of cosmetic surgeries and lowering cost of breast implants will facilitate better cost-effectivity and thereby drive breast implants industry growth. Furthermore, growing technological advancements in breast implantation will provide immense breast implants market expansion opportunities in the foreseeable future.