|Fastest Growing Market:||Asia-Pacific|
|Largest Market:||North America|
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The Mastopexy market studied is expected to grow with an estimated CAGR of 5.7% over the forecast period
As the COVID-19 pandemic progressed with new strains, the safety of ablative resurfacing lasers, micro-needling, and dermatological surgery procedures also seemed to be unsafe. Additionally, the slowing economy and reduced discretionary spending discourage customers from undergoing expensive cosmetic treatments, thus imposing practical restrictions. As per the Plastic Surgery Statistics Report from year 2020 states that total population of 87,051 patients underwent the mastopexy surgery in 2020.
Rising female geriatric population and growing demands for aesthetic procedures are estimated to drive the market growth during the forecast period.Increased healthcare expenditures along with the growing demands for outpatient surgeries is boosting the market growth. However, factors such as high cost for mastopexy followed by complications of the surgery are estimated to restrain the market growth during the forecast period.
Scope of the Report
As per the scope of the report, mastopexy, also known as breast lift, is a cosmetic breast surgery procedure that lifts the breasts and shape sagging or ptotic breast while minimizing visible scars. The procedure also eliminates excess skin around the breasts and shrinks the areola. The Mastopexy Market is segmented by Technique (Crescent Breast Lift, Benelli Lift, Benelli-Lollipop Lift, and Full Mastopexy), By End-Use (Hospitals, Ambulatory Surgery Centers, and Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.
|Crescent Breast Lift|
|By End use|
Key Market Trends
Full mastopexy segment is Expected to dominate the market over the forecast period
Based on technique, the full mastopexy segment held a majority of the market share in terms of revenue. The full mastopexy procedure is performed in cases of breast sagginess, which is mainly observed in older women. Mastopexy also performed in breast cancer patients who undergo mastectomy and lumpectomy. During the procedure, the surgeons tend to remove cancerous tissues, which can led to breast reconstruction surgery. According to the American Cancer Society, it was estimated that 287,850 new cases of invasive breast cancer will be diagnosed in the United States in 2022. The high incidence of breast cancer can thus boost the market growth.
The mastopexy restores the volume and fullness of the breasts with or without the use of implants. As per the Aesthetic Society article published in April 2022, the annual statistics breast surgical procedures in 2021, accounted for 48% growth as compared to 2020. There were 365,000 breast augmentations performed in 2021 . Thus, the increase in the number of breast augmention will help to propel the demand for full mastopexy during the forecast period.
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North America is projected to have a Prominent Growth Rate
North America region is the majority share contributor to the market revenue in 2021 and is expected to continue in the next years. Some of the factors driving regional growth include the rising demand for aesthetic procedures among women and increased disposable income. According to the American Society of Plastic Surgeons figures,the new and imaginative ways to shape the bodies are been developed, with minimally invasive cosmetic operations increasing nearly 200 percent since 2000. Breast enhancement is one of the top cosmetic surgical procedures performed in the NorthAmerica region.In the United States, breast cancer is one of the leading cancer types. According to the Breastcancer.org, updated in January 2022, about 1 in 8 women (about 13%) will develop invasive breast cancer over the lifetime.
The demand for cosmetic surgeries and procedures in the United States is very high among women, which is one of the significant factors for the growth of the mastopexy market in the region. For instance, according to the 2020 report of the American Society of Plastic Surgeons, breast augmentation was one of the top five cosmetic surgical procedures performed in 2020 in the United States. Moreover, the total number was 193,073 breast augmentation procedures in 2020. In addition, the increasing prevalence of breast cancer in North America will also complement the growth of the breast implant market in the region. As per the GLOBOCAN 2020 report, the new breast cancer cases in the United States, Canada, and Mexico were 253,465, 28,026, and 29,929, respectively, in 2020. Therefore, North America is expected to hold a significant market share in the breast implant market during the forecast period.
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The mastopexy market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Allergan, Sientra, Inc,Ideal Implant Incorporated, Johnson & Johnson, Establishment Labs, POLYTECH Health & Aesthetics GmbH, RTI Surgical, Inc., Groupe Sebin SAS, Integra LifeSciences, and GC Aesthetics.
In May 2021, GC Aesthetics Inc. announced the launch of its next generation of breast implants, PERLE. PERLE is a highly innovative line of smooth breast implants that features proprietary surface technology, GCA's industry-leading gel technology, and an enhanced version of the safety features that have underpinned GCA's long-term excellent safety record.
In February 2021, Galderma announced the approval of RESTYLANE DEFYNE by the United States Food and Drug Administration for the augmentation and correction of mild to moderate chin retrusion for adults over 21 years
Table of Contents
1.1 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing adoption of breast lifting procedures
4.2.2 Growing prominence on physical appearance
4.2.3 Rising female geriatric population
4.2.4 Rising trend of aesthetic procedures
4.3 Market Restraints
4.3.1 High cost of these procedures
4.3.2 Post-surgery complications
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Technique
5.1.1 Benelli Lift
5.1.2 Crescent Breast Lift
5.1.3 Benelli-Lollipop Lift
5.1.4 Full Mastopexy
5.2 By End use
5.2.1 Speciality Clinics
5.3.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 South Korea
18.104.22.168 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
22.214.171.124 South Africa
126.96.36.199 Rest of the Middle-East and Africa
5.3.5 South America
188.8.131.52 Rest of South America
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Company Profiles
6.1.2 Mentor Word Wide LLC
6.1.3 GC Aesthetics
6.1.6 Polytech Health & Aesthetics
6.1.10 Solta Medical
6.1.11 Syneron Medical
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Global Mastopexy Market market is studied from 2019 - 2027.
What is the growth rate of Global Mastopexy Market ?
The Global Mastopexy Market is growing at a CAGR of 5.7% over the next 5 years.
Which region has highest growth rate in Global Mastopexy Market ?
Asia-Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Global Mastopexy Market ?
North America holds highest share in 2021.
Who are the key players in Global Mastopexy Market ?
Allergan, Sientra, Integra, Polytech, Johnson & Johnson are the major companies operating in Global Mastopexy Market .