Global Breast Aesthetics Market: Overview
Medical care has been making advancement in every vertical or stream of medicine, cosmetology is one of them. Cosmetology is not limited to face lifts, nose correction, botox, laser treatment, etc. The technology has led to surgeries like breast enlargement, breast reduction, and more. A lot of attention is being given to one’s personality and people do not mind paying to get that perfect figure. Rising income is paving the way to growth of the breast aesthetics market over the forecast period.
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Global Breast Aesthetics Market: Notable Developments
The notable developments of the global breast aesthetics market include:
- In 2019, The Polytech Health & Aesthetics GmbH, one of the major leaders in the global market is extending its support to Australia’s TGA in reviewing the implants of all the manufacturers including Polytech Aesthetic’s implants.
- In 2019, The Allergan decides to recall Biocell’s textured based breast implants following safety measures by FDA as precaution. However, FDA does not impose of removal of textures or tissue implants.
Besides these, the global breast aesthetics market is ruled by some of the key players in this area of healthcare. These include Allergan, Laboratories Arion, POLYTECH Health & Aesthetics, Sientra Inc., GC Aesthetic, GC Aesthetics, and GROUPE SEBBIN
Global Breast Aesthetics Market: Drivers and Restraints
Prevalence of Breast Cancer Bolster Breast Aesthetics Market
Rising number of breast cancers make the patients emotionally drained and they lose the confidence to face the world, this aid in the growth of the global breast aesthetics market during the forecast period.
Moreover, sociocultural factors regarding beauty, figure, and size are making the women consider breast augmentation, implant, and any other breast procedures. Additionally, to meet sexual needs or meet the expectations of partners are the few others factors that influence the growth in the global breast aesthetics market in the future.
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Medical Tourism Augments Growth in Breast Aesthetics Market
Ladies from the entertainment industries such as models and actresses may also consider breast implants to remain in the industry as entertainment industry is all about beauty. Additionally, rise in medical tourism and improvements in implants to make it an easier process. These factors are also expected to push the global breast aesthetics market over the forecast period.
High cost, fear of such surgery and unavailability of medical reimbursement for such surgeries may hinder the growth in the global breast aesthetics market in the upcoming years.
Nonetheless, the rising technological advances in cosmetology are likely to provide growth opportunities in the global breast aesthetics market.
Global Breast Aesthetics Market: Geographical Analysis
In terms of region, North America is anticipated to hold a prominent position in the global breast aesthetics market during the forecast period. The growth in this region can be due to early adoption of technology, rising awareness, rising disposable income better medical infrastructure.
Europe is projected to hold a second position in the global breast aesthetic market as it is considered as one of the best destination for high level of maintainance during such aesthetic surgeries.
Asia Pacific is likely to emerge due to rising medical tourism and rising disposable income in the region. Additionally, adoption of latest technology is another factor that is expected to surge the market in this region over the forecast period.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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