PUBLISHER: The Business Research Company | PRODUCT CODE: 1578693
PUBLISHER: The Business Research Company | PRODUCT CODE: 1578693
Facial implants are surgical devices designed to enhance or modify facial appearance. They are employed to augment, reconstruct, or rejuvenate facial features, with a focus on areas such as the chin, cheeks, and jaw. These implants can address facial asymmetry, improve facial definition and volume, increase chin projection, strengthen the jawline, and counteract signs of aging.
The primary products in facial implants include chin and mandibular implants, cheek implants, nasal implants, and injectables. Chin and mandibular implants are used to enhance the chin or lower jaw, improving facial balance and definition. These implants are made from various materials, such as metal, biological substances, polymers, and ceramics. The procedures associated with facial implants include eyelid surgery, facelifts, and rhinoplasty.
The facial implants market research report is one of a series of new reports from The Business Research Company that provides facial implants market statistics, including facial implants industry global market size, regional shares, competitors with a facial implants market share, detailed facial implants market segments, market trends, and opportunities, and any further data you may need to thrive in the facial implants industry. This facial implants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The facial implant market size has grown strongly in recent years. It will grow from $2.52 billion in 2023 to $2.73 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth during the historical period can be ascribed to advancements in medical technology, a growing demand for aesthetic procedures, cultural focus on beauty and self-image, the impact of social media on personal appearance, and enhancements in healthcare infrastructure.
The facial implant market size is expected to see strong growth in the next few years. It will grow to $3.77 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The anticipated growth during the forecast period can be attributed to ongoing advancements in 3D printing technology, the rising popularity of minimally invasive procedures, increasing globalization and medical tourism, the expansion of telemedicine and virtual consultations, improved marketing strategies, and the widespread availability of online reviews. Major trends for the forecast period include personalized implants designed to fit individual anatomical needs, a rise in demand for non-surgical and minimally invasive aesthetic treatments, a growing preference for biocompatible and eco-friendly materials, the integration of artificial intelligence in surgical planning and outcome prediction, and a notable increase in male patients seeking cosmetic enhancements.
The increasing demand for cosmetic surgeries is expected to drive the growth of the facial implants market in the future. Cosmetic surgeries are elective procedures aimed at enhancing or improving an individual's aesthetic appearance. This growing popularity is fueled by greater societal acceptance, advancements in technology that provide safer and more effective treatments, and a heightened desire for self-improvement and confidence. Facial implants used in these surgeries offer advanced solutions for facial contouring and enhancement, delivering long-lasting and natural-looking results that meet aesthetic goals. For example, in September 2023, the American Society of Plastic Surgeons, a US-based non-governmental organization, reported that non-invasive fat reduction procedures rose from 386,557 in 2019 to 682,932 in 2022, marking a 77% increase post-pandemic. Thus, the rising demand for cosmetic surgeries is propelling the growth of the facial implants market.
Major companies in the facial implant market are focusing on developing new products, such as arthroplasty implants, to bolster their market position. Arthroplasty implants are prosthetic devices used in facial reconstruction and cosmetic surgery to restore or enhance the function and aesthetics of facial structures. For instance, in February 2024, Materialise, a Belgium-based 3D-printing company, introduced its Personalized TMJ Total Arthroplasty System. This system is specifically designed for total temporomandibular joint (TMJ) arthroplasty, which involves replacing the joint that connects the jawbone to the skull. The system uses personalized titanium implants customized to the patient's anatomy, offering a facial implant solution for treating severe TMJ complications requiring joint replacement.
In February 2022, Zimmer Biomet Holdings Inc., a US-based medical device company, partnered with Bactiguard AB to expand their global license agreement. The agreement encompasses various implant product segments aimed at preventing post-operative infections, including sports medicine, joint reconstruction (hips and knees), and cranial, maxillofacial, and thoracic applications. Bactiguard AB, a Sweden-based medical technology company, provides facial implants.
Major companies operating in the facial implants market are Johnson & Johnson, Medtronic plc, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Galderma SA, W.L. Gore & Associates Inc., Integra LifeSciences Corporation, Anthony Products Inc., Hugel Inc, Revance Therapeutics Inc., Sientra Inc., OsteoMed L.P., Spectrims Design Medicals Inc., Implantech Associates Inc., Sebbin International, AART Inc., Surgiform Technology Ltd., Guangzhou Wanhe Plastic Material Co. Ltd., Hanson Medical Inc., Xilloc Medical Int. B.V.
North America was the largest region in the facial implant market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the facial implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the facial implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The facial implants market consists of sales of jaw implants, malar implants, submalar implants, and lip implants. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Facial Implants Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on facial implants market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for facial implants ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The facial implants market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.