Facial Implants Market Analysis, by Product (Chin and Mandibular, Cheek, Nasal, Injectables), by Material (Metal, Biologicals, Polymers, Ceramic), by Procedure (Eyelid Surgery, Facelift, Rhinoplasty), and by Region
The global facial implants market size was valued at US$ 2.5 Bn in 2021. Sales of facial implants are expected to reach US$ 2.7 Bn in 2022 and US$ 5.6 Bn in 2032. As per Fact.MR Research, the global market is anticipated to showcase growth at a CAGR of 7.7% in the forecast period from 2022 to 2032.
Increasing virtual representation on various social media platforms is anticipated to accelerate the demand for facial implants. Rising concerns associated with personal appearance, especially among the millennials are also expected to contribute to this growth.
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Numerous advantages of plastic surgeries, such as less hospital stay, painless procedure, quick recovery time, and high safety are likely to surge the demand for facial implants. In addition, growing awareness regarding cosmetic surgeries and celebrity endorsements by brands are set to augur well for the market.
The global market is expected to showcase an upward shift by 2032 stoked by the rising number of chin augmentation procedures for facial rejuvenation purposes. Increasing cases of road accidents are leading to weak or recessed chin, which can be improved by chin enhancement surgery.
As per the World Health Organization (WHO), every year, around 1.3 million people die because of road traffic crashes worldwide. It also states that more than 93% of road traffic deaths occur in middle- and low-income countries. These numbers are estimated to grow at a fast pace with the increasing sales of vehicles, thereby pushing the market.
Moreover, increasing usage of polymer for performing deformity correction surgeries is likely to accelerate growth. As polymer has good tensile strength, it is set to exhibit high popularity for usage in facial implants.
Rising demand for minimally invasive surgeries and increasing focus on facial aesthetics are projected to boost the North America facial implants market. Similarly, ongoing development of the healthcare infrastructure and rising medical tourism activities in India and China are set to drive the Asia Pacific market.
Key Takeaways:
Growth Drivers:
Report Attributes | Details |
Base Year Value (2021) | US$ 2.5 Billion |
Expected Current Value (2022) | US$ 2.7 Billion |
Anticipated Forecast Value (2032) | US$ 5.6 Billion |
Global Growth Rate (2022-2032) | 7.7% CAGR |
Growth of the U.S Market (2022-2032) | 7.5% CAGR |
No. of Pages | 170 Pages |
No. of Tables | 72 Tables |
No. of Figures | 148 Figures |
Competitive Landscape:
Leading players operating in the global market are focusing on technology innovations and new product launches to cater to the ever-increasing demand from customers. Some of the other key players are striving to expand their product portfolios and distribution channels to strengthen their positions in the global market.
For instance,
Key Companies Profiled by Fact.MR
Market Study
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Jun 28, 2023