PUBLISHER: Acute Market Reports | PRODUCT CODE: 1462352
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1462352
The aesthetic implants market is expected to grow at a CAGR of 5.8% during the forecast period of 2024 to 2032, driven by the increasing demand for breast implants, advancements in implant materials, and a rising acceptance among the male population. While limited acceptance in certain end-user settings presents a challenge, the dynamic market segmentation reflects diverse clinical needs and patient preferences. As North America leads in revenue and Europe emerges as a growth hub, key players' strategic initiatives underline the collaborative efforts shaping the market's trajectory. Overcoming challenges in adoption and advancing material technologies positions the aesthetic implants market on a path of continuous evolution, contributing to the expanding landscape of aesthetic interventions globally.
Key Market Drivers
Growing Demand for Breast Implants
The burgeoning demand for Breast Implants is a major driver propelling the aesthetic implants market. Breast augmentation procedures, driven by factors like body positivity movements and increased societal acceptance, contribute substantially to the market's growth. Silicone Implants, with their natural feel and appearance, and Saline Implants, known for their safety and adjustability, are leading the surge in this segment.
Advancements in Implant Materials
Advancements in implant materials play a pivotal role in the market's expansion. Materials such as Metal, offering durability; Ceramic, known for its biocompatibility; Polymer, providing versatility; and Biological materials, promoting tissue integration, are driving innovation. The evidence lies in the increasing adoption of diverse materials across aesthetic implant segments, enhancing patient outcomes and satisfaction.
Rising Acceptance among the Male Population
A notable driver is the rising acceptance of aesthetic implants among the male population. With evolving societal norms and an increasing emphasis on male aesthetics, facial implants, pectoral implants, and other procedures are gaining popularity. This driver is supported by a surge in cosmetic procedures among men, highlighting a shift in perception and an expanding market beyond traditional female-focused interventions.
Restraint
Limited Acceptance in Certain End-user Settings
A constraint in the aesthetic implants market is the limited acceptance in certain end-user settings. Despite the growing popularity in specialty clinics and hospitals, there remains a challenge in widespread adoption in other healthcare settings. Evidence supporting this constraint includes variations in the acceptance rates of aesthetic implants in settings other than specialty clinics and hospitals, hindering uniform market penetration.
Market Segmentation Analysis
Market by Product: Breast Implants Dominate the Market
In 2023, Breast Implants emerged as the revenue leader, driven by the continuous demand for breast augmentation procedures. Silicone Implants led in both revenue and CAGR, while Saline Implants exhibited a notable CAGR, reflecting a preference for alternatives. Dental Implants and Facial Implants also contributed significantly to the market, with unique materials and design considerations catering to diverse aesthetic needs.
Market by Material: Polymer implants Dominate the Market
Polymer implants led in both revenue and CAGR in 2023, showcasing the material's versatility and adaptability across different aesthetic interventions. Metal implants, known for durability, exhibited a higher revenue, while Ceramic and Biological materials presented promising CAGR figures. The evidence lies in the specific clinical requirements and patient preferences dictating the choice of implant material in various aesthetic procedures.
Market by Gender: Female-Centric Aesthetic Procedures Dominate the Market
Female-centric aesthetic procedures dominated both revenue and CAGR in 2023. However, there is a notable increase in the acceptance of aesthetic implants among males, with facial and pectoral implants gaining traction. The evidence supporting this shift includes a rise in male cosmetic surgeries globally, indicating a growing market beyond traditional gender boundaries.
Market by End-user: Hospitals Dominate the Market
Hospitals led in both revenue and CAGR in 2023, showcasing their central role in performing aesthetic implant procedures. Specialty Clinics exhibited a higher CAGR, reflecting a trend towards specialized settings for aesthetic interventions. Other healthcare settings are witnessing moderate adoption, with variations in acceptance rates influencing market dynamics.
North America Remains the Global Leader
North America emerged as the region with the highest revenue and CAGR in 2023, driven by a well-established aesthetic industry, high disposable income, and a culture that embraces cosmetic enhancements. The evidence supporting this includes the significant number of aesthetic procedures performed in the region and the presence of a robust healthcare infrastructure. Europe showcased substantial growth potential, with a focus on technological advancements and an increasing awareness of aesthetic options.
Market Competition to Intensify during the Forecast Period
Top players in the aesthetic implants market in 2023 included Allergan, Mentor Worldwide LLC, Sientra, Inc., GC Aesthetics, Polytech Health & Aesthetics GmbH, Institut Straumann AG, Dentsply Sirona, Implantech, and 3M. These players implemented key strategies such as product innovations, strategic acquisitions, and collaborations to maintain their market positions. Allergan's commitment to innovation is evident in its diverse product portfolio, including breast implants and facial fillers. Mentor Worldwide LLC's acquisition by Johnson & Johnson strengthened its market presence. Sientra, Inc.'s focus on quality and safety in its portfolio contributed to its competitive standing.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Aesthetic Implants market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Aesthetic Implants market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
Material
Gender
End-User
Region Segment (2022-2032; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Aesthetic Implants market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2032.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Aesthetic Implants market?
Which is the largest regional market for Aesthetic Implants market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Aesthetic Implants market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Aesthetic Implants market worldwide?
TABLE 3 Global Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 4 Global Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 9 North America Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 10 North America Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 15 U.S. Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 16 U.S. Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 21 Canada Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 22 Canada Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 27 Rest of North America Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 28 Rest of North America Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 33 UK and European Union Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 34 UK and European Union Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 39 UK Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 40 UK Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 45 Germany Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 46 Germany Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 51 Spain Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 52 Spain Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 57 Italy Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 58 Italy Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 63 France Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 64 France Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 69 Rest of Europe Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 70 Rest of Europe Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 75 Asia Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 76 Asia Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 81 China Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 82 China Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 87 Japan Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 88 Japan Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 93 India Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 94 India Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 99 Australia Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 100 Australia Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 105 South Korea Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 106 South Korea Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 111 Latin America Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 112 Latin America Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 117 Brazil Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 118 Brazil Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 123 Mexico Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 124 Mexico Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 129 Rest of Latin America Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 130 Rest of Latin America Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 135 Middle East and Africa Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 136 Middle East and Africa Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 141 GCC Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 142 GCC Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 147 Africa Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 148 Africa Aesthetic Implants Market By Material, 2022-2032, USD (Million)
TABLE 153 Rest of Middle East and Africa Aesthetic Implants Market By Dental Implants, 2022-2032, USD (Million)
TABLE 154 Rest of Middle East and Africa Aesthetic Implants Market By Material, 2022-2032, USD (Million)
FIG. 11Market Positioning of Key Aesthetic Implants Market Players, 2023
FIG. 12Global Aesthetic Implants Market - Tier Analysis - Percentage of Revenues by Tier Level, 2023 Versus 2032