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Introduction
Breast augmentation is a cosmetic surgical procedure that enhances the aesthetic appearance of the breasts by improving their size and shape.
As per a recent survey, breast augmentation, with 1685471 procedures, ranked second among the top 10 surgical cosmetic procedures worldwide in 2021.[1]
Global Overview Of Breast Augmentation
Women are the primary drivers for cosmetic procedure demands. They represent a significant majority at 86.4%, translating to 20,207,190 cosmetic procedures performed globally.
The top five cosmetic procedures most frequently requested by female patients include Breast Augmentation with Silicone Implants, Liposuction, Eyelid Surgery, Abdominoplasty, and Breast Lift.[2]
As per the Breast Augmentation Market Report published in August 2020[3], the revenue was approximately $900 million in 2020 and is expected to reach $1692 million by 2025.
The market is forecasted to grow at a CAGR of 13.4% from 2020 to 2025.
Statistical Overview Of The Global Breast Augmentation Market Segment
Here are some key insights into the different segments of the breast augmentation market:
The global market of breast augmentation has 4 segments:[4]
| By Product | Silicone implants
Form Stable implants Saline Implants Structured Saline Implants |
| By Application | Reconstructive Surgery
Cosmetic Surgery |
| By end-user | Hospital
Cosmetology clinic Other end users |
| By Procedure | Inframammary fold
Trans-axillary Peri-areolar Trans-umbilical |
| By Geography | North America
Europe Asia-Pacific Middle East and Africa South America |
Based on the market segment of breast augmentation, the highest shares belong to:
- The silicon breast implant segment is forecasted to grow at the highest CAGR.
- The inframammary fold segment accounts for the largest share by procedure.
- Based on end-users, the hospital segment had the highest global market share in 2019.
- By geography, North America has the largest market, while Asia-Pacific is the fastest-growing market.
Revenue Generation
As per Fortune Business Insights, the revenue from the global breast implant market is valued at USD 3.07 billion in 2022 and it is poised to grow from USD 3.27 billion to USD 5.34 billion from 2023 to 2030.
Breast Implant global market details based on Mordor Intelligence report:[5]
| Study period | 2018-2028 |
| Market size (2023) | USD 1.9 Billion |
| Market Size (2028) | USD 2.76 Billion |
| CAGR (2018-2028) | 7.77% |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Factors Contributing To The Growing Demand Worldwide
According to PVR Aesthetica the growing demand for cosmetic surgeries in emerging countries like India, China, Brazil, and Mexico can be attributed to rapid growth in medical tourism, young population, and high disposable income.
5 Key factors that contribute to the global demand for cosmetic surgeries, including breast augmentation, are:
- Elimination Of Social Stigma: Growing awareness and the desire to improve aesthetic appearance have helped to eliminate the social stigma attached to cosmetic treatments.
- Improved Self-Confidence: The newfound self-confidence and self-esteem come from enhanced body image.
- Celebrity Influence: Nowadays, more high-profile celebrities are promoting cosmetic surgeries by sharing their success stories openly to help build trust in cosmetic procedures.
- 4. Medical Advancement: People now prefer cosmetic surgeries owing to advanced surgical procedures, increased patient safety, and remarkable treatment outcomes.
- Increased Prevalence Of Breast Cancer: According to the World Health Organization (WHO), the number of women diagnosed with breast cancer in 2020 was around 2.3 million. Breast surgery results in beast structure deformation.
Hence, the increasing number of breast cancers has fueled the demand for breast implantation surgery to improve the shape and size of the breasts.
Statistics On Breast Augmentation
Here are some figures from the annual Aesthetic Plastic Surgery Statistics report on Breast Augmentation:
Breast procedures such as breast augmentation and breast lifts, increased by 48% since 2020 with 365000 breast augmentation surgeries performed in the United States in 2021 alone.
Breast Augmentations performed worldwide from 2010 to 2020:[6]
The breast implant segment is a major contributor to the growing breast augmentation global market.
Here is an overview of the global breast implants market by region during the forecast period of 2021 to 2028, based on data bridge market research:[7]
Conclusion
The global statistics data shows the rising demand for cosmetic surgeries, with breast augmentation ranking second with 1685471 procedures performed in 2021.
The growing popularity of breast augmentation surgery has earned a revenue of approximately $900 million in 2020, and as per market forecast, it will reach $1692 million by 2025.
Here are some noteworthy market trends in breast augmentation that contribute to the high revenue:
- High growth of silicone breast implants
- Prominence of the inframammary fold procedure
- Hospitals as the leading end-users
- North America has the largest market share
- Asia-Pacific is the fastest-growing region
The breast implant market is a major contributor to the overall growth of the breast augmentation market.
The forecasts indicate a substantial growth in market size, especially in the Asia-Pacific region.
The factors contributing to the upsurge in the global breast augmentation market include:
- Elimination of social stigma
- Celebrity influence
- Medical advancements
- High disposable income
- Affordable medical treatment options.
The statistics and trends presented in the blog highlight the ever-increasing global demand for various cosmetic surgeries, including breast augmentation owing to changing societal influences, market trends, and scientific advancements.
