Breast Reconstruction Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)


Breast Reconstruction Market Analysis:

1. The breast reconstruction market is anticipated to experience a compound annual growth rate (CAGR) of 7.1% during the forecast period. Although the COVID-19 pandemic initially had a negative impact on the breast implant market due to delayed or canceled surgical procedures, there has been a notable increase in interest and awareness regarding physical appearance, including breast implants and augmentation, among women in the United States. A survey conducted in April 2021 revealed that 11% of women surveyed were more inclined towards cosmetic surgery or non-surgical procedures compared to before the pandemic. As a result, it is expected that the market will recover from the effects of the pandemic and continue to grow.

2. One of the key drivers of market growth is the rising incidence of breast cancer. According to GLOBOCAN 2020, breast cancer has surpassed lung cancer as the most diagnosed cancer worldwide. In 2020 alone, approximately 2.3 million women globally were diagnosed with breast cancer, and over the past five years, 7.8 million women have received this diagnosis. Notably, breast cancer prevalence is particularly high among Asian women, accounting for 22.9% of total cancer cases in women in 2020. The increasing awareness about the safety of breast reconstruction options has provided reassurance to women undergoing mastectomy and other breast cancer surgeries, leading them to choose the reconstruction process.

3. The market’s growth is further fueled by the introduction of innovative products. For example, in October 2020, GC Aesthetics launched Perle, a revolutionary round breast implant. This implant incorporates reverse surface technology, which reduces inflammation and facilitates easier placement and incision. The introduction of such advanced breast implants is expected to contribute significantly to the expansion of the market. With ongoing advancements in product development, the breast reconstruction market is poised for continued growth in the coming years.

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