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The growth of the global Silicone Gel-Filled Breast Implant Market is driven by increasing prevalence and incidence of breast cancer in the global population. For instance, according to the research conducted in 2017, it is estimated that 1 in every 8 (nearly 12%) women will develop invasive breast cancer over the course of the lifetime in the U.S. alone. Furthermore, population drifting towards aesthetic appearance and increasing disposable income are also driving the growth of the global silicone gel-filled breast implant market. However, the high cost related to breast implantation surgeries and lack of skilled personnel are the major factors hampering the growth of the global silicone gel-filled breast implant market. Most of the cases of breast implants cause health problems as women with implants need additional surgeries to replace or remove their implant. This hampers the growth of the silicone gel-filled breast implant market. In addition, it is also estimated that one in four women who get breast implants will require additional surgery. The cost of removing or replacing breast implants can be higher than the cost of getting implants in the first place.
According to FDA, there are five silicone gel-filled breast implants been approved, namely Allergan Natrelle (approved in November 2006), Allergan Natrelle 410 Highly Cohesive Anatomically Shaped Silicone-Filled Breast Implants (approved in February 2013), Mentor MemoryGel (approved in November 2006), Mentor MemoryShape (approved in June 2013) and Sientra’s Silicone Gel Breast Implants (approved in March 2012).
According to a journal published in the U.S., it was estimated that around 93,083 breast reconstruction procedures and 296,203 breast augmentation procedures were performed in 2010. In 2015, according to the estimates of the American Society for Aesthetic Plastic Surgery, approximately 47.9% of breast implant procedures were undertaken by women belonging to the age group of 19–34 years in the U.S.
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The global market for silicone-gel filled breast implant is segmented on basis of application, end user and geography.
- Segmentation by Application
- Breast Augmentation
- Breast Reconstruction
- Segmentation by End User
- Cosmetic Clinics
- Ambulatory Surgical Centers
On the basis of geography, the global silicone gel-filled breast implant market is segmented into six key regions viz. North America, Latin America, Europe, Asia Pacific excluding China, China and the Middle East & Africa. The North America silicone gel-filled breast implant market is expected to hold the large share in the global market, followed by Europe, due to the increasing prevalence and incidence of breast cancer. Moreover, increasing number of cancer surgeries coupled with the presence of sophisticated healthcare infrastructure is also boosting the growth of the silicone gel-filled breast implant market. The silicone gel-filled breast implant market in the Asia Pacific region is expected to grow at a higher rate due to the presence of large population base, and favorable reimbursement scenario. However, the market for silicone gel-filled breast implant in regions such as Latin America, and the Middle East and Africa are estimated to show a stagnant growth over the forecast period. Latin America is expected to gain future opportunities due to the increasing medical tourism in countries such as Brazil, Mexico, and Argentina.
Examples of some of the key players present in the global silicone gel-filled breast implant market are Allergan plc, Mentor Worldwide LLC, Sientra, Inc. and others.
The report covers exhaustive analysis on:
- Silicone Gel-Filled Breast Implant Market Segments
- Silicone Gel-Filled Breast Implant Market Dynamics
- Historical Actual Market Size, 2013 - 2017
- Silicone Gel-Filled Breast Implant Market Size & Forecast 2017 to 2026
- Silicone Gel-Filled Breast Implant Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Silicone Gel-Filled Breast Implant Market Drivers and Restraints
Regional analysis includes
- North America
- Latin America
- Asia Pacific excluding China
- Middle East & Africa
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size Recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
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