A recent report published by Infinium Global Research on breast
reconstruction market provides an in-depth analysis of segments and sub-segments
in the global as well as regional breast reconstruction market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional breast reconstruction market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global breast reconstruction market. According to the report,
the global breast reconstruction market is projected to grow at a CAGR of 3.4%
over the forecast period of 2019-2025.
Breast reconstruction enables to reform or reshape breasts after a
mastectomy or lumpectomy. It is achieved through various plastic surgery
techniques that restore a breast to near normal shape, size, and appearance.
Companies are adopting strategies such as mergers, acquisitions, and new
product launches to expand its market share in the global breast
reconstruction market.
The growing prevalence of breast cancer drives the growth of the
breast reconstruction market. Breast cancer is majorly happening cancer among
women and the second most common cancer. As per the Breast Cancer Organization,
almost 12% of the U.S. women will have invasive breast cancer in the course of
her lifetime. Breast reconstruction is also performed to increase the breast
volume after weight reduction and in other cosmetic reasons. The increasing
number of surgical procedures such as mastectomies contributes to the growth of
the breast reconstruction market. The rising government support in the
treatment of breast cancer contributes to the growth of the breast
reconstruction market. In addition, growing healthcare expenditure in
developing countries propels the growth of the breast reconstruction market.
Technological advancement in breast reconstruction surgery fuels the growth of
the breast reconstruction market. On the other side, complications related to
breast implants hampers the growth of the breast reconstruction market.
Moreover, technological development creates innovations and novel opportunities
for the growth of the breast reconstruction market.
The global breast reconstruction market is segmented based on
geography into North America, Asia-Pacific, Europe, and the Rest of the World.
North America is expected to hold a premium share in the global breast
reconstruction market. The increasing prevalence of breast cancer in the U.S.
drives the growth of the breast reconstruction market. According to a breast
cancer organization, in 2019, around 268,600 women are diagnosed with invasive
breast cancer in the U.S. along with 62,930 patients suffering from
non-invasive breast cancer. Asia-Pacific is anticipated to grow in the global
breast reconstruction market with a healthy CAGR over the forecast period. The
growing awareness about breast cancer reconstruction surgery in the
Asia-Pacific region fuels the growth Asia-Pacific breast reconstruction market.
Europe is growing in the global breast reconstruction market.
The report on global breast reconstruction market covers segments
such as product and end-user. On the basis of product, the sub-markets include
breast implants, acellular dermal matrices, tissue expanders, and other
products. On the basis of end-user, the sub-markets include hospitals,
ambulatory surgical centers, and other end-users.
The report provides profiles of the companies in the market such
as Allergan Inc., Mentor Worldwide LLC, Sientra Inc., Ideal Implant
Incorporated, Establishment Labs Holdings Inc., POLYTECH Health & Aestetics
GmbH, RTI Surgical Holdings, Inc., Integra LifeSciences Corporation, GC
Aesthetics PLC, GROUPE SEBBIN SAS, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of breast reconstruction market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.