Cosmetic Implants Market: Statistics and Research to 2014 – 2022
Allied Market Research adds “Cosmetic Implants Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.
Cosmetic Implants Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $10,708 by 2022, registering a CAGR of 7.7% during the period 2016-2022. The dental implants segment is expected to garner major part of revenue followed by facial implants.
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Major factors that drive the market growth include growth in technological advancements (such as advent of gummy bear implants), rise in incidence of congenital defects, increase in adoption of cosmetic implants to improve the aesthetic looks, rise in the number of cosmetic surgeons, emergence of minimally invasive reconstruction surgeries, and rise in geriatric population. The rise in the number of application areas of cosmetic implants namely Penile implants, Calf implants, Pectoral implants, and eyelid implants are anticipated to further drive the demand for cosmetic implants. However, unfavorable reimbursement policies, high cost of the cosmetic procedures, such as breast implantation, and malfunctioning hazards restrict the market growth.
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Cosmetic implants are available in various shapes and sizes to suit the body contour of patients and used in dentistry, breast augmentation surgeries and face reconstructive surgeries. In addition, cosmetic implants are also used to enhance the shape of buttocks, calf, and pectoral regions. The dental implants segment accounted for a major market share in 2015, owing to the wide adoption in the tooth replacement procedures and their ability to help in the preservation of the natural tooth structure. Facial implants (chin implants, jaw implants, cheek implants, nasal implants, eyelid implants, and injectable implants) was the second dominating segment in cosmetic implant market with more than one-fourth share in 2015.
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