Market Definition
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.
Market Outlook
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.
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. Other primary events include the Association of Breast Surgery Conference 2020 in England and the 36th Annual Breast Surgery Symposium held in Georgia, US. In 2011, Canada launched the first BRA Day (Breast Reconstruction Awareness Day). This year, the American Society of Plastic Surgeons and The Plastic Surgery Foundation has joined forces with the Canadians to initiate BRA Day USA. On February 17, 2022, Tata Memorial Center organized a conference – Reconstruction and Cancer Care: Enhancing Quality Living with and Beyond Cancer to create awareness regarding breast reconstruction.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Breast Reconstruction Market Segmentation
The report analyses the breast reconstruction market based on product, procedure, type, end user, and regions.
Global Breast Reconstruction Market by Product
On the basis of the product, it is segmented into breast implants, tissue expanders, and an acellular dermal matrix. The breast implants segment is likely to dominate the market during the forecast period. The growth of the segment is attributed to the increasing incidences of breast cancer and the rising number of breast reconstruction procedures.
Global Breast Reconstruction Market by Procedure
On the basis of procedure, it is segmented into immediate, delayed, and revision. The immediate segment is likely to dominate the market during the forecast period. The key factors boosting the growth of the market are the increasing number of breast reconstruction procedures combined with an increasing number of breast cancer patients.
Global Breast Reconstruction Market by Type
By type, it is segmented into unilateral, and bilateral. The unilateral segment is likely to dominate the market during the forecast period. The key factors propelling the growth of the market are rapid technological advancements coupled with the high growth opportunities in emerging markets and the rising development of 3D-printed implants.
Global Breast Reconstruction Market by End User
By end user, it is segmented into hospitals, cosmetology clinics and ambulatory surgical centers. The hospital segment is likely to dominate the market during the forecast period. The development and adoption of advanced technologies for breast reconstruction are likely to drive the breast reconstruction market during the projection period.
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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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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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