New York City - NY, Dec. 08, 2017 (GLOBE NEWSWIRE) -- A breast implant is a prosthesis utilized to modify the shape, size and form of a lady's breast. In a reconstructive plastic surgery, breast inserts can be put to reinstate a normal looking breast for post-mastectomy breast recreation patients or to redress natural imperfections and disfigurements of the chest divider. They are additionally utilized cosmetically to enlarge or improve the presence of the breast by breast augmentation surgery.
The worldwide market for breast implants is likely to record a 4.1% CAGR over the assessment period 2016–2024. The overall market for breast implants is estimated to account for a market valuation close to US$ 1482.1 Million by 2024 end.
Get a Sample of this Research Report for more Insights: https://www.persistencemarketresearch.com/samples/10972
Market Segmentation
Based on the product type, the overall market is segmented into silicone breast implants and saline breast implants. The silicone breast implants segment was estimated to gain 90.4% of the revenue share of the worldwide market by the end of the year 2016 and are likely to gain more.
Based on the shape, the overall market is categorized into round breast implants and anatomical breast implants. The round breast implants category is likely to account for a market value of US$ 1225.6 Million by 2024 end, recording a 4.2% CAGR during 2016-2026.
Based on the application type, the overall market is divided as reconstructive and surgery cosmetic surgery. The cosmetic surgery division was projected to gain 79.4% of the revenue share of the worldwide market by 2016 end and is expected to gain more.
Based on the end user, the overall market is broadly categorized into hospitals and cosmetology clinics. The hospital's category was projected to capture 64.0% of the revenue share of the overall market by 2016 end and is projected to emerge as the most lucrative segment of the overall market.
Based on the region the overall market is analyzed across Latin America, North America, Asia Pacific, Europe and MEA. The North America market is likely to record a 4.0% CAGR during the predicted period. The APAC market is set to witness huge market development in revenue terms. However, the MEA region is expected to witness limited expansion because of a low understanding in addition to other limitations common in the region. The Latin America market is considered to record a 4.3% CAGR throughout the calculated period. Rising medical tourism in the region like Latin America which includes regions, for instance, Mexico and Brazil are fuelling the growth of the overall market.
Vendor highlights
The report on the global breast implants market profiles some of the leading market players dominating the global breast implants market. The companies featured in the report are Allergan Plc., Mentor Worldwide LLC., GC Aesthetics Plc., Sientra Inc., Groupe Sebbin SAS, Polytech Health & Aesthetics GmbH, Establishment Labs S.A., HansBiomed Co. Ltd., and CEREPLAS. These companies are primarily focused on enhancing their product portfolio through strategic investments in technology research and development initiatives and are focusing on the introduction of innovative and cost-effective treatment procedures in order to gain higher market share and to strengthen their respective positions in the global breast implants market.
Request for Report Methodology: https://www.persistencemarketresearch.com/methodology/10972
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com