Author: Vikas Kumar
19 January 2023
The global breast reconstruction market is expected to register a CAGR of around ~5.1% over the period of 2022-2028. This is mainly due to the growth in the number of breast cancer surgeries, availability of breast-restoration options, and awareness about the reconstruction of breasts. Stringent government regulations in the breast reconstruction market and the growing focus of major stakeholders in the healthcare industry are acting as growth catalysts for the industry. Major healthcare companies are investing heavily in their products due to rising social awareness among healthcare industry experts, medical professionals, and patients about the benefits that breast reconstruction has prompting the regulatory authorities to consider and authorize breast reconstruction. According to the American Society of Plastic Surgeons, As of Jan 2022, there are more than 3.1 million people who have successfully survived breast cancer in the United States. Unfortunately, less than 50% of the women who require proper mastectomy are provided with the best breast reconstruction surgeries each year across the globe. In addition, less than 20% of women decide to undergo immediate reconstruction. Moreover, the availability of well-skilled plastic surgeons, advancements in technology and safer surgeries are some of the key factors leading to a boost in the global breast reconstruction market. As a result, the government is focusing on raising awareness about breast cancer and its effect which significantly contributes to the market for breast reconstruction. Therefore, the market for breast reconstruction is expected to witness significant growth during the forecast period.
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Based on procedure, the market is classified into immediate, delayed, and revision. Amongst these, the immediate category accounted for a significant share of the market. This is mainly due to its immediatereconstruction method being a better option due to its aesthetic effect, cost-effectiveness, and psychological effects and most women opt for the immediate reconstruction method. Furthermore, advancements in technical surgeries along with highly skilled surgeons provide a safer and more comfortable surgical experience marking a boost in the global breast reconstruction market.
Based on placement, the market is classified into dual-plane insertion, subglandular insertion, and submuscular insertion. Amongst these, the dual-plane insertion category accounted for a significant share of the market. This is mainly because that method supports the replacement of the breast expander with the final implant was performed in all patients with a dual-plane technique. Additionally, the breast inserts are to be placed in the most accurate position and guarantee enough coverage of the soft tissue. Over the forthcoming years, this segment rising due to the use of breast reconstruction in the global market is likely to boost the demand for breast reconstruction.
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For a better understanding of the market adoption of the breast reconstruction industry, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America is expected to witness the highest CAGR during the forecast period. The growth is the rise in aesthetic consciousness among people, increasing incidences of breast reconstruction in countries like the U.S. and Canada. As per Brigham and Women’s Hospital, more than 100k women in the United States undergo some form of mastectomy each year to prevent the risk of breast cancer. The awareness programs regarding the breast reconstruction industry owing to the presence of well-established market players and frequent product launches in the region. Furthermore, many healthcare and breast reconstruction companies are headquartered in the region, which focuses on coming up with novel devices for breast reconstruction.
Some of the major players operating in the market include Mentor Worldwide LLC, Allergan Inc., Johnson & Johnson, SientraInc., GC Aesthetics, Ideal Implant Incorporated, POLYTECH Health & Aesthetics GmbH, CEREPLAS, AbbVie Inc., Establishment Labs S.A.
Global Breast Reconstruction Market Segmentation
Market Insight, by Product Type
Market Insight, by Procedure
Market Insight, by Placement
Market Insight, by End User
Market Insight, by Region
Top Company Profiles
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