Market Report Study Cosmetic Implants Industry Worldwide | Page 2

Description :
‘ Cosmetic implants ’ are implantable devices used to improve the aesthetic beauty of an individual . There has been a considerable increase in cosmetic surgeries in the past few years . Both invasive and non-invasive surgical procedures are used to embed the cosmetic implants in an individual ’ s body . Patients are opting to replace their damaged / missing body parts , recover their normal appearance , and enhance their aesthetic beauty owing to the development of cosmetic implants . Hence , increase in the number of cosmetic implant procedures is observed since last decade .
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The world cosmetic implants market is projected to reach $ 10,708 million by 2022 from 2015 value of $ 6,356 million , at a CAGR of 7.7 % during 2016-2022 . The market is expected to be driven by the rise in demand for minimally invasive reconstruction surgeries , increase in the number of road accidents and trauma cases , high prevalence rate of congenital face and tooth deformities , growth in the number of awareness programs such as breast reconstructive awareness campaign ( launched in the U . S .), high prevalence rate of breast cancer , and increase in number of cosmetology surgeons . In addition , popularity of celebrities among the young generation who motivate them to look aesthetically appealing is anticipated to provide ample opportunities for market growth . Technological advancements for the development of efficient implants ( that do not appear artificial and do not rupture on the application of external force ) may further fuel the market growth . However , high cost of cosmetic implant procedures and related devices , lack of suitable reimbursement procedures , and hazards linked with malfunctioning of implants are expected to restrict the growth .
The world cosmetic implants market is segmented on the basis of product , raw material , and geography . On the basis of product , it is divided into dental implants , breast implants , facial implants , and other implants ( buttock , penile , calf , and pectoral implants ). Based on the raw material , it is classified into polymers , metals , ceramics , and biomaterials . The geographical segmentation of the market includes North America , Europe , Asia-Pacific , and LAMEA .
The cosmetic implants market has witnessed several acquisitions & mergers in the recent years . For instance , in February 2016 , DENTSPLY International Inc . and Sirona Dental Systems , Inc . merged together to form Dentsply Sirona Inc . to provide a strong and wide range of professional dental products and technologies to customers across 120 countries globally .
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