Jan 25, 2023
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The idea of aesthetic implants or cosmetic surgery has always been a topic of conversation and debate in the healthcare market. Despite that, the demand for aesthetic implants has grown several folds over the past few years, especially among the younger generation, to enhance their physical appearance and to look more attractive. There have been massive developments in the types of implants and techniques. Apart from improving appearance and correcting certain facial abnormalities, aesthetic implants are a great tool to raise psychological confidence and self-esteem. With each passing day, it is becoming increasingly popular with rising awareness and intense technological advancements in the domain. The most common types of aesthetic implants include facial implants, breast implants, and dental implants. Aesthetic implants can deliver remarkable results. However, there are certain risks involved with the implants. It becomes important to consider carefully the risks and rewards involved before undergoing the procedure.
Whether it’s cosmetic surgery, prosthetics, or implants, the need and the desire for a better physical appearance have been around for centuries. Modern technology and innovation are making leaps and bounds in the development of aesthetic implant products. Adopting new-age technologies, such as 3D printing, dermal fillers, energy-emitting devices, and assistive liposuction devices, has greatly enhanced aesthetic implants’ success and long-term outcomes. Moreover, MedTech and HealthTech companies are also actively working in the aesthetic implants market to deliver new products and services to cater to different needs and dominate the evolving market landscape. Companies are actively exploring, developing, and testing different types of implants that can change the appearance of a person’s body in a safer mode. Realizing the potential of the market and the demand, several new players have entered the segment over the past few years.
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Aesthetic implants are typically made of biocompatible material, which can be safely integrated into the body and is durable. Moreover, they look realistic and feel natural. They can address issues related to aging, such as wrinkles, sagging skin, and age spots. Moreover, they can be used to reshape or enhance certain body areas, such as the nose, ears, and breasts. Similarly, they can correct some abnormalities in the body. Breast implants, facial implants, nasal implants, body contouring implants, dental implants, and calf implants are among the major types of implants. There are some custom-made implants as well, which can cater to some specific needs. Overall, they can benefit the personal and professional prospects of the user. The aesthetic implants provide the feeling of being more confident, attractive, and socially accepted and can be beneficial for those who experience feelings of low self-esteem or unhappiness with their physical appearance.
Aesthetic implants are becoming popular, and the procedures can range from something as simple as cheek implants to more drastic alterations such as jaw reshaping. Aesthetic implants have several benefits; however, there are certain severe drawbacks associated with them that can’t be neglected at any stage. Despite following the procedure and guidelines, there is always some risk for the physical and psychological implications arising due to surgery. The cost of aesthetic implants is another key factor in the market. The cost of aesthetic implants varies depending on the type of implant, the location of the procedure, and other factors. It is out of range for the common man to afford sophisticated procedures. Also, the majority of the procedure is not covered by insurance. Similarly, there are still some ethical challenges posed by these procedures. Young people may be exposed to unrealistic images of beauty and pressure to obtain these implants. Surgery, or the post-implant procedure and recovery period, can be difficult and uncomfortable, especially with the breast and tooth implant. There is always the risk of infection and complications from the surgery. In some cases, it can even lead to death. Overall, It becomes important to consider the implications on the body and the various pros and cons associated with them before deciding to get them done.
The increasing prevalence of dental implants and breast cancer is one of the key factors leading to the high growth of aesthetic implants. Breast cancer is one of the most common types of cancer among women. As per the World Health Organization (WHO), in 2020, 2.3 million women were diagnosed with breast cancer worldwide. Similarly, according to the American Cancer Society, in the year 2022, one out of every eight women under the age of 45 will acquire invasive breast cancer by the end of the year 2022 in the United States, and two out of every three invasive breast cancers will be diagnosed in women 55 and older. Various treatment options are available in the market to treat breast cancer, such as surgery, chemotherapy, radiation, and hormone therapy. In some cases, a breast implant may be used to restore the shape of the breast after treatment. The use of breast implants for reconstruction after breast cancer surgery is largely considered safe, but there are potential risks to consider. Therefore, with the increasing global prevalence of breast cancer, the need for breast implants is surging, thereby driving the overall aesthetic implant market growth.
The rise in the number of cosmetic & reconstructive surgeries is another major factor that is responsible for the growth of the aesthetic implants market. In the year 2020, in America, out of 15.6 million cosmetic procedures, 2.3 million were cosmetic surgical procedures, whereas 13.2 million procedures were minimally-invasive. Moreover, the reconstructive procedures were around 6.8 Million (a 3% increase from 2019). Apart from the rising demand for aesthetic implants, the active presence of the companies in the market, ongoing research and development activities, and favorable government policies are anticipated to provide a conducive growth environment for the overall aesthetic implants market in the coming years. Some of the key aspects, such as infections associated with aesthetic implants, the high cost, and the lack of skilled surgeons, are anticipated to hamper the global aesthetic implant market growth in the coming years.
Aesthetic implants market by product type are segmented as breast implants, body contouring implants, custom-made implants, nasal implants, dental implants, and others. The aesthetic implants market has applications across various healthcare segments, such as hospitals, cosmetology clinics, and ambulatory surgical centers. Moreover, a wide range of products is available to cater to the common and distinct needs of both genders. As per DelveInsight’s assessment, by product type, the dental implants market holds a significant revenue share of the market and has a very high demand from the user owing to various benefits associated with them. Dental implants prevent bone loss; they act like natural teeth and improve the appearance and oral health. Moreover, dental implants ensure self-esteem as well as speech; help to prevent facial sagging & premature aging.
Globally, several major HealthTech, MedTech, and pharma giants are active in the Aesthetic Implants Market. Some of the major players include POLYTECH Health & Aesthetics GmbH, Sientra, Inc, Surgiform Innovative Surgical Products, GC Aesthetics, Dentsply Sirona, Institut Straumann AG, AVINENT, AbbVie, Establishment Labs S.A., Mentor (Johnson & Johnson Medical Ltd), 3M, Zimmer Biomet, Alpha Aesthetics, Symatese, Integra LifeSciences, Sebbin, IDEAL IMPLANT INCORPORATED, Lattice Medical, CEREPLAS, Guangzhou Wanhe Plastic Material Co Ltd, and among others. Owing to very high demand from the user side and better revenue generation opportunities, several companies and new startups are expected to enter the market. Overall, the growing number of players in the market is predicted to improve the competitiveness with better product development and their launch in the market in the upcoming years.
Among all the regions, North America is expected to dominate the global aesthetic implants market in the coming years. Some of the key factors, such as the increasing prevalence of breast cancer and the rise in product launches related to aesthetic implants, are expected to increase the demand for aesthetic implants in the North American region. Moreover, the active presence of the companies in the region is expected to augment the regional market growth further.
Over the past few years, several major clinical, commercial, and regulatory developments have been registered in the Aesthetic Implants Market. Various technologically advanced aesthetic implants receive approvals from various healthcare agencies. Companies have established various collaborations and partnerships and signed acquisition agreements to dominate the market. Similarly, several companies have launched new products in the market and conducted and presented positive clinical trial results. Some of the important milestones in the Aesthetic Implants Market in the recent past include –
Aesthetic implants are one of the best options for the person looking to alter their physical appearance in a safe and controlled way. Over the past few years, the concept of Aesthetic Implants has gained significant traction among various stakeholders, including users, manufacturers, service providers, and healthcare agencies. Aesthetic implants can provide a range of physical, psychological, and professional benefits that can help improve one’s overall quality of life. The demand for Aesthetic Implants increases as more and more people seek better options to achieve the desired look. Several companies are also actively focussing on delivering new products and testing different types of implants that can potentially transform the appearance. Similarly, governments worldwide are also working to implement new clinical and regulatory policies and guidelines to ensure safety protocols and effective implementation of implants to ensure safer and more effective surgeries, thus boosting users’ trust and confidence.
As per DelveInsight’s assessment, the global aesthetic implants market is estimated to grow at a CAGR of 7.82% during the forecast period from 2022 to 2027. The increasing prevalence of breast cancer, the rise in the number of cosmetic & reconstructive surgeries, the growth in the product launches related to aesthetic implants, and the increasing need for an attractive physical appearance is anticipated to drive the Aesthetic Implants Market growth in the coming years. The high cost associated with the implant and the lack of skilled surgeons can be the major factors that can hamper the Aesthetic Implants market growth.
Despite the constraints, aesthetic implants are anticipated to become increasingly popular and acceptable by a large section of society to improve physical appearance. In the coming years, aesthetic implants will remain an enticing and viable option for those seeking to change their appearance. With the rise in innovation and technological advancements in product development, the aesthetic implants market is anticipated to showcase rapid growth. Several new and innovative implants with improved outcomes are expected to hit the market in the coming years.
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