The global breast reconstruction market size was USD 577 million in 2021 and it is anticipated to reach USD 748.1 million in 2031, growing at a CAGR of 2.6% from 2022-2031.
Global Global Breast Reconstruction Market report from Global Insight Services is the single authoritative source of intelligence on Global Breast Reconstruction Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Breast reconstruction is an important facet of breast cancer management. It has a less cosmetic result. Breast reconstruction provides social, psychological, emotional and functional improvements, counting improved self-esteem, psychological health and body image.
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Market Trends and Drivers
The major factor boosting the growth of the market is an increasing awareness about breast reconstruction treatment. A number of patients choose breast reconstruction surgery after mastectomy. This can be primarily attributed to the growing concerns and increasing awareness of the safety and efficacy of reconstructive surgeries. This trend can be observed in both developed and emerging countries which are experiencing improvements in the standard of living.
The growth in awareness can be credited to initiatives taken by market players and stakeholders as well as independent bodies like the American Society of Plastic Surgeons (ASPS). ASPS, along with the Plastic Surgery Foundation, organized the Breast Reconstruction Awareness campaign to engage and educate women on reconstruction post breast cancer diagnosis. The primary target of the campaign was to educate women, family members, and the media that the breast cancer loop remains open until a woman is informed of her breast reconstruction options.
Market Restraints & Challenges
The major factor hindering the growth of the market is alternative non-surgical methods. After mastectomy, some women prefer breast reconstruction surgery. Others do not choose it due to a lack of awareness or other health issues such as obesity, skinniness, or change in blood flow dynamics. These women can choose alternatives to breast reconstruction, like custom breast prosthetics and going flat. Custom breast prosthetics can replicate the woman’s exact shape and create symmetry with the intact breast for single-mastectomy patients. These prosthetics are much cheaper than the breast reconstruction process and are available in the range of under USD 100 to USD 500 for high-quality products. The availability of alternatives, mainly non-surgical methods, is a key restraint to the breast reconstruction market.
Major Players of the Global Breast Reconstruction Market
The global breast reconstruction market report comprises players such as Mentor Worldwide LLC (Johnson & Johnson) (US), Allergan Aesthetics (an Abbvie company) (US), Ideal Implant Incorporated (US), Sebbin (France), GC Aesthetics (Ireland), POLYTECH Health & Aesthetics (Germany), Sientra (US), Integra Lifesciences (US), RTI Surgical Holdings (US), Establishment Labs S.A. (US), and Silimed (Brazil) among others.
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