Overview:
Improving physical appearance can boost an individual’s
confidence or help him or her recover from accidental wounds or trauma.
Cosmetic implants work in that direction where by, placing substances under the
skin or over it, doctors can achieve desired results. These implants are
specially designed medical devices that can be subdermal or transdermal
depending upon the surgical procedure.
The global cosmetic implant market is expected to grow at a
healthy rate of 7.1% during the forecast period (2016-2022) to reach a
valuation of USD 11.2 billion. The report published by Market Research Future
(MRFR) contains drivers such as technological advancements which include
injectable fillers and gummy bear implants and witnesses minimally invasive
surgeries revolutionizing system. Furthermore, people getting conscious about
their looks and rising amount of disposable income are considerably boosting
the cosmetic implants market.
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However, the high cost associated with the procedure and
implant malfunction can halt the cosmetic implant market growth during the
forecast period.
Industry Trends:
CAD-CAM system is revamping the dental implant industry as
this can make a replica of the tooth that needs a transplant. This improves
efficiency, reduces waiting time, and cuts down the cost significantly.
Ideal implants have recently launched saline-based breast
implants whose unique construction would let women know of ruptures without an
MRI scan. These implants also reduce wrinkling and rippling.
Segmentation:
The global cosmetic implant market can be segmented by type,
material, and end-user.
By type, the cosmetic implant market includes dental
implant, breast implant, facial implant, buttock implant, and others.
Material-wise, the cosmetic implant market comprises
polymers, metals, ceramics, and biologicals.
Based on end-users, the market can be segmented into
hospitals, dental clinics, academics, and others.
Regional Analysis:
Region-specific analysis of the global cosmetic implant
market includes North America, Europe, Asia Pacific (APAC), and the
Rest-of-the-World (RoW).
North America has the largest market for cosmetic implants.
Superior healthcare infrastructure backed by latest technologies has given the
market enough space to expand and draw in revenue. High healthcare investment
and growing general awareness are also drivers that are giving the regional
market much traction.
Europe has the second largest market. The region mostly
follows the steps of North America. Likewise, the region is investing heavily
in researches which are easing the regional market’s growth path.
The APAC region is experiencing a revolution in healthcare
and increasing investment in the sector is ensuring cosmetic implants prospect
in coming years. The region can clock the fastest CAGR during the forecast
period.
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Market Landscape:
The cosmetic implant market has several international players
that are helping the growth of the global market. However, regional players are
also contributing significantly and are creating many opportunities for the
market to accelerate its grassroot level penetration. Important strategies
include mergers, acquisitions, joint ventures, product launches, and others.
For instance, Sientra has recently received approval from FDA to launch their
breast implant line Opus. On the other hand, New York’s Hospital for Special
Surgery and pSivida have collaborated in their effort to create a knee implant
to improve knee osteoarthritis pain.
Some of the key players in this market are LABORATOIRES
ARION, CEREPLAS, 3M, Institut Straumann AG, Zimmer Holdings, Inc., Nobel
Biocare Holding AG, DENTSPLY Implant, ALLERGAN, INC., Spectrum Designs Medical,
Dyna Dental, Cortex Dental Implant Industries Ltd., AART.Inc and many others.
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