Global Cosmetic Implants Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

As per the American Academy of Implant Dentistry, 3 Mn people in the United States have implants, a number that is growing by 500,000 annually

The Global Cosmetic Implants Market is estimated to be USD 9.12 Bn in 2023 and is expected to reach USD 13.72 Bn by 2028 growing at a CAGR of 8.51%.

The global cosmetic implants market is experiencing robust growth due to the increasing demand for cosmetic procedures, including breast augmentation, facial implants, and body contouring. This demand is driven by various factors, including changing beauty standards, a desire for self-enhancement, and growing acceptance of cosmetic procedures. As more individuals seek to improve their physical appearance, the market for cosmetic implants expands. Moreover, as the stigma associated with cosmetic surgery decreases, the market is poised to witness further growth. Pursuing beauty and self-confidence propels the demand for cosmetic implants, benefiting manufacturers and practitioners.

Innovation is a key driver of the global cosmetic implants market. The continuous introduction of new and innovative technologies is revolutionizing the field of cosmetic surgery. Advanced materials, such as silicone and saline implants, offer improved safety and natural-looking results. Moreover, minimally invasive procedures, 3D imaging, and computer-assisted surgery have enhanced precision and reduced patient downtime. These innovations expand the range of cosmetic procedures and improve the overall patient experience. As technology evolves, it attracts consumers seeking cosmetic enhancements and professionals looking to provide cutting-edge solutions, contributing to market growth.

The lack of reimbursement for cosmetic implant procedures is a significant restraint in the global cosmetic implant market. Unlike medical surgeries necessitated by health conditions, cosmetic surgeries are often considered elective and not covered by health insurance. This financial barrier can dissuade potential patients, especially those with limited financial resources, from pursuing cosmetic implant surgeries. The absence of reimbursement also places the financial burden squarely on patients, limiting the market's growth potential. To address this restraint, industry stakeholders and policymakers must explore potential solutions, such as insurance coverage expansion or financing options, to make cosmetic procedures more accessible to a wider patient base.

Market Segmentations

• The Global Cosmetic Implants Market is segmented based on Material, Application, and Geography.
• Cosmetic implants, used to enhance various features of the human body, are available in various materials, each offering unique properties and benefits. This analysis explores the key categories of cosmetic implant materials, including Biological Material Implants, Ceramics Implants, Metal Implants, and Polymers Implants, to provide insights into their respective roles in shaping the global market.
• Biological material implants, often called autografts or allografts, have gained prominence in cosmetic surgery due to their natural and biocompatible characteristics. These implants are derived from the patient's tissues (autografts) or donors (allografts). Common biological material implants include fat transfer procedures and dermal grafts. The advantage of using biological materials is their compatibility with the patient's body, reducing the risk of rejection and allergic reactions. As consumers seek more natural-looking results and minimal complications, the demand for biological material implants is expected to grow, driving innovation in this segment.
• Ceramics implants have made significant inroads in the cosmetic implants market, particularly in dental and facial enhancement applications. Ceramic materials like zirconia are renowned for their biocompatibility, durability, and aesthetic properties. Ceramic dental implants, for instance, offer a metal-free alternative, appealing to individuals with metal sensitivities. The natural translucency and tooth-like appearance of ceramics make them popular for dental restorations and facial implants. As patients seek long-lasting and aesthetically pleasing solutions, ceramics implants are positioned for continued growth.
• Metal implants have a long-standing presence in cosmetic surgery, especially orthopedic and maxillofacial procedures. Titanium and its alloys are widely used for their excellent strength, corrosion resistance, and biocompatibility. Metal implants, particularly in orthopedic and dental applications, offer durability and stability, making them an optimal choice for long-term solutions. The popularity of metal implants is expected to persist in cases where robust structural support and longevity are paramount.
• Polymers, such as silicone, have a well-established role in the cosmetic implants market, primarily in breast and facial augmentation procedures. Silicone implants are known for their natural texture, malleability, and versatility. They are favored for their ability to mimic the feel of natural tissues, making them a popular choice for breast augmentation. As the demand for non-invasive and minimally invasive procedures grows, polymer implants will likely maintain their prominence in the market. Advances in polymer technology continue to drive innovation in this segment, offering patients various options.

Recent Development

• Sientra, Inc. has acquired all assets associated with the innovative fat grafting technology AuraGen with AuraClens, developed by AuraGen Aesthetic LLC. This groundbreaking fat grafting system, created by prominent plastic surgeons and researchers, can revolutionize facial procedures by utilizing the patient's tissue, potentially replacing existing methods that rely on synthetic fillers. - January 2022

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3M, AbbVie, Inc., Allergan, BellaSeno GmbH, Danaher Corp., Dentsply Sirona, Inc., etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle East and Africa (Egypt, Israel, Qatar, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Cosmetic Implants Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Cosmetic Implants Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Cosmetic Implants Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market