The global gel implants market, valued at USD 1,174.7 million in 2022, is projected to reach USD 1,215 million by the end of 2023, according to a recent report by Future Market Insights. The market is expected to grow at a compound annual growth rate (CAGR) of 3.8% between 2023 and 2033, reaching approximately USD 1,760 million by 2033. The expansion of this market is primarily fueled by the growing prevalence of breast cancer and the rising adoption of breast reconstruction surgeries worldwide.
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Rising Breast Cancer Cases Driving Market Growth
Breast cancer remains one of the most prevalent cancers worldwide, with increasing cases recorded every year. Treatment for breast cancer often involves radiation therapy and surgical interventions, including mastectomy (complete breast removal) and lumpectomy (partial breast removal). These procedures often necessitate reconstructive surgeries, which significantly drive the demand for gel implants. With advancements in medical technology and improved surgical techniques, more patients are opting for breast reconstruction to restore aesthetics and confidence post-treatment.
Challenges in the Market: Regulatory Hurdles and Associated Risks
Despite the promising growth trajectory, the gel implants market faces several challenges that may hinder its expansion. One of the primary concerns is the risk associated with gel implants, including complications such as implant rupture, capsular contracture, and infection. These risks often lead to hesitancy among patients and healthcare professionals.
Additionally, the regulatory approval process for gel implants is stringent and time-consuming. Various health authorities, including the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA), impose rigorous safety and efficacy standards before granting approvals. This often results in extended product launch timelines, limiting market growth.
Impact of COVID-19 on the Gel Implants Market
The outbreak of the COVID-19 pandemic had a profound impact on the global gel implants market. The pandemic led to the suspension and postponement of elective and non-urgent surgical procedures, including breast augmentation and reconstruction surgeries. Strict lockdowns and movement restrictions disrupted the demand and supply chain, causing delays in clinical visits and surgical interventions.
Moreover, logistical constraints affected the availability of raw materials and finished products, further straining the market. As healthcare systems prioritized the treatment of COVID-19 patients, many elective procedures were deferred, leading to a temporary decline in demand for gel implants.
Market Recovery and Future Prospects
As the world recovers from the impact of the pandemic, the gel implants market is gradually regaining momentum. The resumption of elective procedures, along with the increasing awareness of breast reconstruction options, is expected to drive the market forward.
Furthermore, advancements in implant technology, such as the development of more durable and safer gel implants, are anticipated to enhance patient confidence and adoption rates. Innovations in bioengineered implants and the introduction of hybrid implants with improved biocompatibility are likely to provide lucrative growth opportunities in the coming years.
Key Takeaways from the Market Study
- Anticipated size of the gel implants market in 2022 was USD 1,174.7 million.
- Global gel implants market expanded at a CAGR of 3.5% between 2017 and 2022.
- The United States accounts for 22.50% of the total market share.
- North America holds a value share of 25.30%.
- Total demand for gel implants in Europe accounted for 28.80% of the European gel implants market share.
- Under product type, silicone gel implants are mostly adopted, accounting for about 86.70% of the total market share.
- Under application type, demand for cosmetic surgery accounts for around 80.60% of the total market share.
“Additional surgeries maintains the structure of the implants by limiting the sales of gel implants is considered one of the major restraints of the gel implants market”, comments a Future Market Insights Analyst.
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Competition Landscape
Leading players operating in the global gel implants market are launching innovative products to improve their product portfolios. They are also investing in mergers, acquisitions, and collaborations to expand their global presence. For instance:
- GC Aesthetics had launched a highly innovative and advanced version of the product, along with added safety features where the next generation of breast implants PERLE.
- Aziyo Biologics, Inc., and Sientra, Inc., had announced that they have entered into an agreement for the expansion and distribution of Aziyo’s SimpliDerm product line under the agreement terms, where Aziyo had granted Sientra certain non-exclusive rights in the United States to market, by eventually selling and distributing SimpliDerm for selective usage in reconstruction surgery.
Some of the Important Key Players Are-
- Allergan plc (AbbVie)
- Mentor Worldwide LLC (Johnson & Johnson)
- Sientra, Inc.
- Ideal Implant Incorporated
- Arion Laboratories
- CEREPLAS
- GC Aesthetics
- GROUPE SEBBIN,
- Guangzhou Wanhe Plastic Materials
- Hans Biomed Corp
- POLYTECH Health & Aesthetics
- Silimed
Regional Insights: North America Leading the Market
North America is expected to dominate the global gel implants market, primarily due to the high prevalence of breast cancer, increased awareness about reconstructive surgeries, and the presence of key market players in the region. The United States, in particular, has a well-established healthcare infrastructure and advanced surgical techniques, further supporting market growth.
Europe follows closely, with increasing government initiatives to support breast cancer treatment and reconstruction. The Asia-Pacific region is also witnessing significant growth, driven by a rising number of breast cancer cases, improving healthcare facilities, and a growing emphasis on aesthetic surgeries.
The global gel implants market is set for steady growth, supported by the increasing demand for breast reconstruction surgeries and technological advancements in implant materials. While regulatory challenges and associated risks remain key obstacles, the overall market outlook remains positive. As healthcare systems worldwide continue to evolve and prioritize patient well-being, the adoption of gel implants is expected to rise, making them an essential component in reconstructive and aesthetic procedures.
For further insights and detailed market analysis, industry stakeholders and investors are encouraged to stay updated with the latest research and trends shaping the future of the gel implants market.
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Key Market Segments Covered in Gel Implants Industry Research
By Product:
- Silicone Gel Implants
- Gummy Bear Implants
By Application:
- Cosmetic Surgery
- Reconstructive Surgery
By End-User:
- Hospitals
- Specialty Clinics
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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