The global cosmetic implants market is on track for substantial growth, with an estimated market size of USD 17.9 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.8%. This upward trajectory is further validated by a market value of USD 10.2 billion in 2022, driven by increasing consumer awareness, healthcare spending, and a strong push from governments worldwide.
The rise in healthcare expenditure, coupled with growing consumer demand for cosmetic enhancements, is fueling the market’s expansion. More individuals are turning to cosmetic procedures, encouraged by the accessibility provided by the proliferation of specialty clinics and ambulatory centers. This trend is further amplified by the role of social media, which has become a powerful platform for sharing experiences and outcomes, shaping public perception and increasing the desire for cosmetic improvements.
Among the various segments of the cosmetic implants market, dental implants are anticipated to provide particularly lucrative opportunities. With developing countries investing significantly in healthcare infrastructure, there is a burgeoning market for cosmetic implants, particularly in the dental sector. This investment climate presents a favorable environment for further innovation and growth within the industry.
As the demand for cosmetic enhancements continues to rise, companies and stakeholders in the cosmetic implants market are well-positioned to capitalize on the evolving consumer preferences and growing market potential. Strategic partnerships, investment in cutting-edge technologies, and a focus on customer-centric services will be key to thriving in this expanding market.
Key Takeaways from the Market Study:
- Global market for cosmetic implants to nearly double by the end of 2032
- By product type, the dental implants segment is expected to record a 5.8% CAGR by 2032
- By raw material, the polymer implant segment to expand at a 5.9% growth rate during the forecast period
- The U.S market to garner USD 6.4 Billion and record a 5.5% CAGR from 2022-2032
- Market in China to procure USD 1.3 Billion, expanding at a 5.1% growth rate during the assessment period
“Rising demand for cosmetic procedures & growing technological advancements in the healthcare sector is expected to fuel the demand of cosmetic implants market over the forecast period,” says an analyst at Future Market Insights.
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What are the Factors Hampering the Global Cosmetic Implants Market?
Despite the growing popularity of cosmetic implants, various factors are likely to pose a threat to the growth of the cosmetic implants market during the forecast period. The high cost of cosmetic implants and the threat of malfunctioning are some of the prominent factors anticipated to hinder the market’s growth during the forecast period.
Also, high chances of surgical complications, increasing cost of cosmetic surgeries, adverse effects of the cosmetic surgery, and lack of proper healthcare facilities across some developing economies are projected to harm the growth of the Cosmetic Implants Market over the forecast period. Lack of awareness of the operational effectiveness and other benefits of the technologically advanced implant systems restrain the growth of the market.
Competitive Landscape:
Eminent players of the global cosmetic implants market include –
- 3M Company
- Polytech Health & Aesthetics GmbH
- Sientra Inc.
- GC Aesthetics Plc.
- Danaher Corporation
- Dentsply Sirona Inc.
- Straumann
- Johnson & Johnson
- Zimmer Biomet Holdings Inc.
- AbbVie Inc.
- Cochlear Ltd.
- Henry Schein Inc.
Recent Key Developments Among Players Include:
- In January 2022 – Sientra, Inc. announced the acquisition of all of the assets related to AuraGen Aesthetic, LLC’s novel fat grafting technology, the AuraGen with AuraClens. The AuraGen system was developed by leading researchers and plastic surgeons. AuraGen’s transformative fat grafting system includes the face, potentially replacing currently available procedures using synthetic fillers with a procedure that uses the patient’s own tissue.
- In May 2022, GC Aesthetics®, Inc. announced the launch of an innovative Nipple Areola Complex (NAC). This unrivaled medical device is the answer to a well-known clinical need of thousands of women around the world. Until now, a variety of surgical techniques are used to try to reconstruct the nipple-areola complex with none providing a long-term aesthetic solution.
Key Segments Covered in the Cosmetic Implants Industry Survey:
Product Type:
- Cosmetic Breast Implants
- Cosmetic Facial Implants
- Cosmetic Dental Implants
- Other Cosmetic Implants
Raw Material:
- Biomaterial implants in Cosmetic Implants
- Metal implants in Cosmetic Implants
- Polymers Implants in Cosmetic Implants
- Ceramic Implant in Cosmetic Implants
Region:
- North America
- Europe
- APAC
- Middle East & Africa
- Latin America
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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