London, 11 May 2015: Technavio, the independent tech-focused global research firm, has published a report on the global breast implants market 2015-2019, which is expected to grow at a CAGR of 5.90 % during the forecast period of 2014-2019.
Increase in beauty consciousness and disposable income is expected to fuel the market during the forecast period. The breast implants market has a high degree of consumer engagement but few protocols for the procedures. Hence, its growth is dependent on consumers and their experience.
“Breast augmentation helps increase the size, shape and symmetry of the breasts, but the key issue with this is the limitation of soft tissue to cover the implants. Composite breast implants are useful in such cases,” says Faisal Ghaus, Vice President of Technavio.
“The adoption of composite breast implant augmentation is expected to drive the growth of the market in the coming years.”
Key Market Drivers
- Increase in beauty consciousness and disposable income
- Increase in number of private practices in Latin America and APAC
- Decrease in procedural cost
Key Market Trends
- Adoption of composite breast implant augmentation
- Increase in preference for natural look
- Rise in preference for alternative implants
- Rise in medical tourism
Key Market Vendors
- Allergan Inc.
- GC Aesthetics
- Mentor Worldwide LLC
- Sientra Inc.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
