Covid-19 Impact on Breast Reconstruction Market Size to surge at 6.9% CAGR is expected to reach $3.8 Billion in 2026

March 2021 | Report Format: Electronic (PDF)

Breast Reconstruction Market Growth & Trends

The global breast reconstruction marketsize is expected to reach USD 3.8 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.9% during the forecast period. Rising prevalence of breast cancer, cases of breast reconstruction procedures, and introduction of technologically advanced products are the key driving factors for the growth.

Increasing incidence of breast cancer across the globe is one of the key driving factors for the market growth. According to the Breast Cancer Research Foundation (BCRF), breast cancer is considered as the most common type of cancer among American women after skin cancer. Such high incidence in U.S. has resulted in an increased number of mastectomy and lumpectomy procedures, which boosts the demand for breast implants and tissue expanders.

According to the American Cancer Society, Cancer Facts & Figures 2015, BCRF also estimated that over 40,290 women may die due to breast cancer. Prevention of breast cancer involves mastectomy, which requires removal of the entire organ. Breast reconstruction helps restore the shape of the breast, thereby enhancing the quality of a patient’s life. It basically involves rebuilding the shape of the removed breast. Thus, high prevalence of breast cancer and growing number of mastectomies are the major factors anticipated to drive the demand for breast reconstruction procedures, thereby propelling the market growth over the forecast period.

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Breast Reconstruction Market Report

Breast Reconstruction Market Report Highlights

  • In terms of revenue, breast implants segment held the largest market share in 2018 and is expected to witness the fastest CAGR over the forecast period owing to the rising consciousness towards physical appearance and increasing disposable income in the developed and developing countries
  • Anatomical breast implants is expected to witness the fastest CAGR over the forecast period owing to the increasing incidence of breast cancer across the globe
  • Hospital segment held the largest market share in 2018 due to the rising cases of breast reconstruction surgeries
  • Asia Pacific breast reconstruction market is expected to witness the fastest CAGR over the forecast period owing to the rising number of surgical procedures in this region
  • Prominent market players are Mentor Worldwide LLC; Allergan Inc.; Sientra, Inc.; Ideal Implant Incorporated; Establishment Labs S.A.; and POLYTECH Health & Aesthetics GmbH

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