December 2024
Cosmetic Implants Market (By Raw Material: Polymer, Ceramic, Metal, Biological; By Application: Dental Implants, Breast Implants, Facial Implants, Other; By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032
The global cosmetic implants market size was valued at US$ 10.80 billion in 2022 and it is expected to surpass around US$ 29.18 billion by 2032 with a registered CAGR of 10.50% from 2023 to 2032.
The U.S. cosmetic implants market size reached US$ 2.53 billion in 2022 and is predicted to hit around US$ 6.95 billion by 2032 with a CAGR of 10.70% from 2023 to 2032.
North America dominated the cosmetic implants market in 2022. The market for cosmetic implants in North America is growing due to the growing incidences of target diseases. In addition, the increase in healthcare expenditure is also paving way for the North America cosmetic implants market. Furthermore, the other factors such as favorable government policies and reimbursement policies as well as easy approvals of drugs and medications are supporting the expansion of cosmetic implants market in the region.
Asia-Pacific is expected to develop at the fastest rate during the forecast period. China and Japandominate the cosmetic implants market in Asia-Pacific region. Dental caries affects around 60% of the Indian population, and periodontal disorders affects around 85% of the population, as per the Ministry of Health and Family Welfare. This results into surge in demand for dental implants. In addition, the growing geriatric population is also driving the growth and development of cosmetic implants market in Asia-Pacific region.
Cosmetic implants are categorized as non-invasive or minimally invasive cosmetic surgeries that can be carried out to reduce abnormalities of certain body parts. Breast implants, nasal prosthesis, face implants, ocular prosthesis, and injectable filler are some of the most regularly performed cosmetic implants. The growing expenditure on appearance and aesthetic looks is boosting the growth and development of global cosmetic implants market.
According to the Centers for Disease Control and Prevention, approximately 1 in every 1,600 babies in the U.S. will be born with palate and cleft lip by 2020. The frequency of congenital facial abnormalities is driving the growth of the global cosmetic implants market. In addition, the growing number of product approvals is also driving the growth of global cosmetic implants market. Galderma, the world’s biggest independent global dermatological firm gained Food and Drug Administration’s approval for Restylane Kysse, novel hyaluronic acid filler specifically formulated and intended to give fullness to the lips, in May 2020.
Another factor boosting the expansion of global cosmetic implants market is the rising number of cosmetic surgeries. According to a poll conducted by the International Society of Aesthetic Plastic Surgery, about 10,129,528 cosmetic surgery operations would be performed worldwide in 2020. Furthermore, the growing research and development activities for launch of new therapies and treatments are also driving the cosmetic implants market growth.
As per the American Society of Plastic Surgeons, almost 17.7 million cosmetic treatments were performed in 2018, up 2.0% from 2017. The surge in demand for cosmetic surgeries is supporting the growth and development of global cosmetic implants market. In addition, technological developments are supporting market players for the development of new products in the cosmetic implants market.
The other factors such as rising disposable income, growing geriatric population, and rapid urbanization are propelling the expansion of global cosmetic implants market. Moreover, the growing trend of dental implants is supporting the growth of cosmetic implants market. According to the American Academy of Implant Dentistry, 3 million people in the U.S. have implants with 500,000 more being added each year.
In addition, the growing prevalence of breast cancer is driving demand for breast implants in the global cosmetic implants market. The government all over the globe is conducting campaigns for awareness among the people. The Breast Reconstructive Awareness Campaign is being sponsored by the Plastic Surgery Foundation and the American Society of Plastic Surgeons to educate women about their options after being diagnosed with breast cancer. Such initiatives will develop the global cosmetic implants market significantly.
The expansion of healthcare sector is also creating lucrative opportunities for the growth of global cosmetic implants market. In addition, government of developed and developing nations are collaborating with market players for launch of new products in the global cosmetic implants market.
The product launches, collaboration, joint venture, merger, and acquisition are being prioritized by a number of market players. With the increased demand for cosmetic implants in the worldwide industry, key market players in the cosmetic implants market are expected to see profitable growth prospects in the coming years. Moreover, market players with the help of government bodies are also highly investing in the research and development initiatives, which is creating growth prospects for the development of global cosmetic implants market.
Report Coverage | Details |
Market Size by 2032 | USD 29.18 Billion |
Growth Rate from 2023 to 2032 |
CAGR of 10.50% |
Largest Market | North America |
Fastest Growing Region | Asia Pacific |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Raw Material, Application, End User, Geography |
Companies Mentioned | 3M Corporation, AbbVie Inc., Danaher Corporation, Dentsply Sirona Inc., GC Aesthetics PLC., Institut Straumann AG., POLYTECH Health and Aesthetics GmbH, Sientra Inc., Zimmer Holdings Inc., Cochlear Ltd. |
The polymer materials segment dominated the cosmetic implants market in 2022. The qualities of ceramic materials make them unique. High melting points, low electrical and thermal conductivity, and high tensile properties are all common characteristics. They are also brittle and rigid, with excellent thermal and chemical stability. The ceramic materials are highly used in dental implants.
The biological materials segment is fastest growing segment of the market in 2022. The growing awareness of biological implants among consumers is driving the growth and expansion of the segment. In addition, the growing research and development activities are boosting the growth of the segment over the forecast period.
The dental implants segment dominated the cosmetic implants market in 2022. As per the American Academy of Implant Dentistry’s estimations, nearly 30 million Americans are missing all of their teeth in one or both jaws. In addition, almost 15 million people in the U.S. have had bridge and crown replacements. Globally, the senior population is growing at a rapid pace. The growing geriatric population is driving the growth of the segment. Moreover, dental problems are becoming more common all around the world. Cosmetic dentistry is becoming increasingly popular in Europe and North America. Furthermore, the technological advancements are contributing towards the expansion of dental implants segment.
The breast implants segment is fastest growing segment of the market during the forecast period. As per the International Society of Aesthetic Plastic Surgery, the global number of breast augmentation procedures is expected to rise by 6.1% in the upcoming years. Breast augmentation surgeries are becoming more popular, which is driving the growth of the segment. The factors such as rising prevalence of breast cancer and growing number of plastic surgeons are supporting the growth of breast implants segment.
Key Developments
Segments Covered in the Report
By Raw Material
By Application
By End User
By Geography
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