2024 Gel Implants Market Outlook: Size, Share, and Key Growth Drivers
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What Growth Rate is the Gel Implants Market Anticipated to Experience from 2024-2033?
The gel implants market has shown strong growth in recent years. It is projected to increase from $1.25 billion in 2023 to $1.32 billion in 2024, at a CAGR of 5.3%. Growth drivers include heightened aesthetic awareness, the rising prevalence of breast cancer, an increase in plastic surgeons, and more insurance coverage.
The gel implants market is projected to grow significantly, reaching $1.64 billion by 2028 at a CAGR of 5.6%. Factors contributing to this growth include rising consumer demand for aesthetic enhancements, greater awareness of gel implant benefits, increasing disposable incomes, rising investments in cosmetic surgery research, and global medical tourism for affordable procedures. Major trends consist of technological advancements, minimally invasive techniques, cosmetic surgery, fat grafting, 3D printing technology, and gender affirmation surgeries.
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What Are the Significant Influencers of Growth in the 2024 Gel Implants Market Outlook: Size, Share, and Key Growth Drivers Market?
The rising prevalence of breast cancer is expected to stimulate growth in the gel implant market. Breast cancer, originating in breast cells, necessitates treatments like mastectomy, leading to increased demand for implants for reconstruction. Factors contributing to the rise in breast cancer cases include greater awareness, aging populations, and lifestyle changes. In June 2024, the CDC reported that there were 272,454 new breast cancer cases in 2021 in the U.S., resulting in 42,211 deaths in 2022. Therefore, the growing incidence of breast cancer is boosting the gel implant market.
What Key Segments Define the Gel Implants Market?
1) By Product: Silicone Gel Implants; Gummy Bear Implants
2) By Application: Cosmetic Surgery; Reconstructive Surgery
3) By End User: Specialty Clinics; Hospitals
What Are the Key Developments Shaping the Gel Implants Market?
Firms in the gel implant market are advancing next-generation breast implants for improved safety and durability. For example, in May 2021, Global Consolidated Aesthetics Limited launched PERLE, a series of smooth breast implants featuring advanced materials to enhance patient outcomes.
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What Regions Are Driving Expansion in the Gel Implants Market?
North America was the largest region in the gel implants market in 2023. The regions covered in the gel implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Gel Implants Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the gel implants market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Gel Implants Market Include
1. Gel Implants Market Executive Summary
2. Gel Implants Market Segments
3. Gel Implants Market Size And Template Market Growth Rate
4. Key Gel Implants Market Trends
5. Major Gel Implants Market Drivers
……
25. Key Mergers And Acquisitions In The Gel Implants Market
26. Top Gel Implants Companies
27. Gel Implants Market Opportunities And Strategies
28. Gel Implants Market, Conclusions And Recommendations
29. Appendix
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