Breast Reconstruction Market Is Booming Worldwide 2022-2028 | Key Players – Mentor Worldwide LLC, Allergan Inc., Johnson & Johnson, SientraInc., GC Aesthetics, Ideal Implant Incorporated

A comprehensive overview of the global breast reconstruction market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the breast reconstruction markets globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the global market at regional and country levels. The global breast reconstruction market is likely to showcase a robust growth of around ~5.1% during the forecast period (2022-2028).

Breast Reconstruction Market
Breast Reconstruction Market

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Market Overview

The breast reconstruction market is expected to register a CAGR of around ~5.1% over the period of 2022-2028. This is mainly due to its increasing number of breast cancer patients, availability, and advancements in surgical techniques, the urge to ameliorate breast size & shape, especially among women, and raising awareness and concerns about breast cancer. Also, with the increasing prevalence of breast cancer worldwide, many women are opting for reconstruction procedures to regain the original shape of their breasts after the mastectomy. According to breastcancer.org, as of January 2018, over 3.1 million women in the US had a history of breast cancer, including those who were undergoing treatment and those who had undergone treatments in the past. Moreover, an increase in the number of breast reconstruction procedures, along with technological advancements is expected to impel market growth. Thus, as a result of the increase in the number of people suffering from breast cancer, the demand for breast reconstruction is expected to increase. Furthermore, various factors such as growing research and development activities are also expected to drive the demand for the analyzers over the forecast period which is responsible for the excessive use and also significantly contributes to the market for the medical applications of breast reconstruction. Therefore, the market for breast reconstruction is expected to witness significant growth during the forecast period.

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COVID-19 Impact

The COVID-19 pandemic has adversely impacted the global healthcare industry. Several countries enforced nationwide lockdowns as part of measures to limit the spread of the coronavirus. However, with ease in restrictions, the earlier postponed elective surgeries are expected to take place in the post-pandemic period, which may help the market regain its market share. For instance, in March 2020, UK NHS hospitals were told to suspend all non-urgent elective surgeries for at least three months. Moreover, the US Surgeon General, the CDC, and many medical specialties such as the American College of Surgeons and the American Society of Anesthesiologists suggested the temporary cancellation of elective surgical procedures. These factors have negatively impacted the breast reconstruction industry.

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The global breast reconstruction market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product Type, the market is primarily bifurcated into:

  • Breast Implants
  • Tissue Expanders
  • Acellular Dermal Matrix (ADM)
  • Others

Based on product type, the market is classified into breast implants, tissue expanders, acellular dermal matrices, and others. Among these, breast implants are expected to witness the highest CAGR during the forecast period. This is mainly due to the rising use of breast implants during breast augmentation surgeries are widely used technology and have many benefits such as the compact size of devices and minimum power requirements. For instance, according to the NCBI, around 8.08 women per 1,000 in the U.S. has one or other kind of breast implant.

By Placement, the market is primarily bifurcated into:

  • Dual Plane Insertion
  • Subglandular Insertion
  • Submuscular Insertion

Based on placement, the market is classified into dual-plane insertion, subglandular insertion, and submuscular insertion. Amongst these, the dual-plane insertion category accounted for a significant share of the market. This is mainly because that method supports breast inserts to be placed in the most accurate position and guarantees enough coverage of the soft tissue. Over the forthcoming years, this segment rising due to the use of breast reconstruction in the global market is likely to boost the demand for breast reconstruction.

Global breast reconstruction market Geographical Segmentation Includes:

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Rest of World

For a better understanding of the market adoption of the breast reconstruction industry, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America is expected to witness the highest CAGR during the forecast period. This can be attributed due to the rising number of breast cancer patients coupled with high product adoption rates, and awareness about breast reconstruction in the U.S. economy in this region. As per Breastcancer.Org, Reconstruction with implants is one of the most common types of breast reconstruction surgeries performed in the U.S. More than 107k breast reconstruction surgeries were carried out in the United States in 2019, out of which nearly 80% of them used implants. Thus, the growing consumption of alcohol, increasing research on the medical applications of breast reconstruction, and the development of advanced breast reconstruction by major companies and the diagnostics industry owing to the presence of well-established market players and frequent product launches in the region.

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The major players targeting the market include:

  • Mentor Worldwide LLC
  • Allergan Inc.
  • Johnson & Johnson
  • GC Aesthetics
  • Ideal Implant Incorporated
  • POLYTECH Health & Aesthetics GmbH
  • CEREPLAS
  • AbbVie Inc.
  • Establishment Labs S.A.

Competitive Landscape

The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global breast reconstruction market. The major players have been analyzed by using research methodologies for getting insight views on market competition.

Key questions resolved through this analytical market research report include:

  • What are the latest trends, new patterns, and technological advancements in the global breast reconstruction market?
  • Which factors are influencing the global breast reconstruction market over the forecast period?
  • What are the global challenges, threats, and risks in the global breast reconstruction market?
  • Which factors are propelling and restraining the global breast reconstruction market?
  • What are the demanding global regions of the global breast reconstruction market?
  • What will be the market size in the upcoming years?
  • What are the crucial market acquisition strategies and policies applied by the companies?

Table of Content –

1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE
5 GLOBAL BREAST RECONSTRUCTION MARKET COVID-19 IMPACT
6 GLOBAL BREAST RECONSTRUCTION MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY PRODUCT TYPE
8 MARKET INSIGHTS BY PROCEDURE
9 MARKET INSIGHTS BY PLACEMENT
10 MARKET INSIGHTS BY END USER
11 MARKET INSIGHTS BY REGION
12 BREAST RECONSTRUCTION MARKET DYNAMICS
13 BREAST RECONSTRUCTION MARKET OPPORTUNITIES
14 BREAST RECONSTRUCTION MARKET TRENDS
15 POLICY & REGULATORY FRAMEWORK
16 DEMAND AND SUPPLY-SIDE ANALYSIS
17 VALUE CHAIN ANALYSIS
18 COMPETITIVE SCENARIO
19 COMPANY PROFILED
20 DISCLAIMER

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