According to a market report from Grandview Research, the global breast implants market size is anticipated to reach $4.11 billion by 2030, expanding at a CAGR of 7.4%. Increasing focus on the enhancement of physical appearance is one market driver identified in the report.
The report also identifies the rising prevalence of breast cancer as a significant market driver. In severe cases, the prevention of this disease involves mastectomy surgery, which requires the removal of the entire organ. Breast reconstruction is considered a useful option for treatment, which has resulted in a growing demand for breast implantations.
In 2021, silicone implants dominated the breast implants market, and round-shaped implants held the largest market share. The report indicates that saline implants are anticipated to showcase significant growth during the forecast period due to a lesser risk of complications during implant rupture. Anatomical-shaped devices are expected to showcase lucrative growth in the future due to its natural-looking design.
Per the report, North America dominated the breast implants market by region in 2021. The rising prevalence of breast cancer in North America is expected to support the growth of the market during the forecast period.
The Asia Pacific and Latin American markets are projected to grow at a CAGR of 7.7% during the forecast period due to the rising disposable income in developing countries. The report indicates that these regions provide a huge opportunity for low-cost treatments in the field of medical tourism.