According to a report “Cosmetic Implants Market Analysis by Raw Material (Polymers, Ceramics, Metals, Biological Material), by Application (Dental, Breast, Facial, Penile, Buttock, Calf Implants) And Segment Forecasts To 2020” published by Grand View Research, Inc. Global Cosmetic Implants Market is expected to reach USD 9.29 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for aesthetic procedures coupled with rising healthcare expenditure levels is expected to serve this market as a high impact rendering driver during the forecast period. Emergence of technologically advanced products such as the two form-stable silicone gel breast implants and hyaluronic acid facial filler is also expected to assist market growth. According to estimates published by the American Society of Plastic Surgeons in 2013, residents of the U.S. spent nearly USD 7.0 billion in cosmetic surgical procedures. Most of these procedures (approximately 40.0%) were undertaken by consumers belonging to the age group of 35 years to 50 years. Moreover, the fact that the country is rapidly aging and has a large base of population pertaining to this age group is expected to present manufacturers with lucrative future growth opportunities.
Key Takeaways from the report:
Global cosmetic implants market, by raw material, 2012 – 2020 (USD Million)
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Rising prevalence of breast cancer and growing number of awareness programs such as the Breast Reconstructive Awareness Campaign are expected to encourage women to undergo reconstructive surgeries. Lack of appropriate reimbursement policies supporting cosmetic surgical procedures is expected to impede market growth over the next six years.
Grand View Research has segmented the global cosmetic implants market on the basis of product and region:
Global Cosmetic Implants Application Outlook (Revenue, USD Million, 2012 – 2020)
Global Cosmetic Implants Raw Material Outlook (Revenue, USD Million, 2012 – 2020)
Cosmetic Implants Regional Outlook (Revenue, USD Million, 2012 – 2020)
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Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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