Market Size of Cosmetic Implants Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 11.86 Billion |
Market Size (2029) | USD 17.00 Billion |
CAGR (2024 - 2029) | 7.49 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Cosmetic Implants Market Analysis
The Cosmetic Implants Market size is estimated at USD 11.86 billion in 2024, and is expected to reach USD 17 billion by 2029, growing at a CAGR of 7.49% during the forecast period (2024-2029).
The healthcare system witnessed enormous challenges as a result of the COVID-19 pandemic. All elective and aesthetic procedures were postponed or restricted during the COVID-19 pandemic to reduce the risk of viral transmission, as most of these procedures were regarded as non-urgent. There was a decrease in the number of aesthetic procedures performed worldwide during the COVID-19 pandemic. For instance, according to the International Society of Aesthetic Plastic Surgery 2021 report, in the year 2020, over 24,529,875 cosmetic procedures were performed, while 24,982,304 cosmetic procedures were performed in the previous year. The reduction in the number of procedures performed was mainly attributed to the fear of the risk of infection and the allotment of medical resources towards COVID-19 management. However, the market is gradually stabilizing as COVID-19 cases are declining, resulting in the return of the normal demand levels for cosmetic procedures. For instance, according to an article published by the American Society of Plastic Surgeons, in April 2021, 11% of women surveyed indicated they are more interested in cosmetic plastic surgery now than before COVID-19, and the figure is even higher among women who have already had surgery or a procedure by 24%. Also, 35% of women who have previously had at least one cosmetic surgical procedure or minimally invasive procedure plan to spend significantly or somewhat more on treatments in 2021 than in 2020. Thus, an increase in cosmetic procedures is expected to impact the cosmetic implant market over the forecast period significantly.
Increasing demand for cosmetic implants, the introduction of new and innovative technologies, and increased awareness about aesthetic appearance are the major factors attributed to the growth of the cosmetic implant market over the forecast period. For instance, in April 2022, the Aesthetic Society released its annual Aesthetic Plastic Surgery Statistics, which stated that 148,000 women had implants removed and replaced. Additionally, as per Breast and Cosmetic Implant Registry - January to December 2021, the breast implant operations recorded were 11,735 in England, out of which 2,375 were reconstruction, 3080 were replacement, and 25 were repositioning. Hence, the high number of implant procedures being performed worldwide is expected to boost the segment's growth. Additionally, according to an article published in the Journal of Clinical and Aesthetic Dermatology in December 2021, there has been an increasing acceptance of cosmetic procedures in the middle eastern region, with a growing interest in skin and nasal procedures. The rising interest is expected to add to the growth of the cosmetic implant market over the forecast period.
The recent product launches by the key market players are also aiding the market growth. For instance, in May 2021, GC Aesthetics, Inc., a privately-held medical technology company providing aesthetic solutions, launched its next generation of breast implants, PERLE. Thus, the recent product launches add to the growth of the market segment.
Hence as per the aforementioned factors, the cosmetic implants market is likely to grow over the forecast period. However, the high cost of these medical implants restrains the market growth.
Cosmetic Implants Industry Segmentation
As per the scope, cosmetic implants are devices or tissues placed inside or on the body's surface. Many implants are prosthetics intended to replace missing body parts. Other implants deliver medication, monitor body functions, or support organs and tissues. Some implants are made from skin, bone, or other body tissues. The Cosmetic Implants Market is segmented by Raw Material (Polymer Implants, Ceramic Implants, Metal Implants, and Biological Material Implants), Application (Dental Implants, Breast Implants, Facial Implants, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Raw Material | |
Polymer implants | |
Ceramic implants | |
Metal implants | |
Biological material implants |
By Application | |
Dental implants | |
Breast implants | |
Facial implants | |
Others |
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Cosmetic Implants Market Size Summary
The cosmetic implants market is poised for significant growth over the forecast period, driven by increasing demand for aesthetic procedures and the introduction of innovative technologies. The market is gradually recovering from the setbacks experienced during the COVID-19 pandemic, which had led to a temporary decline in elective and aesthetic procedures. As normalcy returns, there is a resurgence in interest and investment in cosmetic procedures, particularly among women who have previously undergone such treatments. This renewed interest is expected to substantially impact the market, with factors such as heightened awareness of aesthetic appearance and the availability of advanced cosmetic solutions contributing to the market's expansion. The introduction of new products, like GC Aesthetics' PERLE breast implants, further supports this growth trajectory.
The dental implant segment is anticipated to dominate the market, fueled by the rising incidence of traumatic dental injuries and the growing demand for prosthetics. Continuous advancements and product launches in dental implant technology, such as ZimVie Inc.'s T3 PRO Tapered Implant, are key drivers of this segment's growth. North America is expected to maintain a significant market share, supported by a high volume of plastic surgeries and robust reimbursement policies. The region's market growth is further bolstered by strategic product approvals and launches by major players like Mentor Worldwide LLC. The market's fragmented nature, with numerous global and regional companies like 3M, Allergan, and Johnson & Johnson, underscores the competitive landscape, which is characterized by ongoing innovation and strategic collaborations.
Cosmetic Implants Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand For Cosmetic Implants
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1.2.2 Introduction of New and Innovative Technologies
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1.2.3 Increased Awareness about Aesthetic Appearance
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1.3 Market Restraints
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1.3.1 High Cost of these Medical Implants
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1.4 Porter Five Forces
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Million)
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2.1 By Raw Material
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2.1.1 Polymer implants
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2.1.2 Ceramic implants
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2.1.3 Metal implants
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2.1.4 Biological material implants
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2.2 By Application
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2.2.1 Dental implants
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2.2.2 Breast implants
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2.2.3 Facial implants
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2.2.4 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Cosmetic Implants Market Size FAQs
How big is the Cosmetic Implants Market?
The Cosmetic Implants Market size is expected to reach USD 11.86 billion in 2024 and grow at a CAGR of 7.49% to reach USD 17.00 billion by 2029.
What is the current Cosmetic Implants Market size?
In 2024, the Cosmetic Implants Market size is expected to reach USD 11.86 billion.