Facial Implants Market Worth US$ 1.71 Billion by 2033 - Exclusive Report by Persistence Market Research

Facial implants, using materials like silicone, enhance facial features. Increasing acceptance of cosmetic procedures in Germany drives demand, with continuous innovations by key players fueling market growth

New York, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Market Size & Overview:

The global facial implants market demonstrated a Compound Annual Growth Rate (CAGR) of 5.5% between 2013 and 2022, resulting in a valuation of US$ 760.6 million. Projections indicate a substantial acceleration, with an anticipated CAGR of 7.7%, leading to a market value of US$ 1.71 billion by the conclusion of 2033.

Surgical techniques like genioplasty or mentoplasty, involving the insertion of chin facial implants market play a crucial role in enhancing chin bone projection, size, and shape. This procedure contributes to facial symmetry, jawline definition, and an overall improvement in facial aesthetics.

Malar implants and cheek implants are prominent medical devices employed to augment and refine the contours and volume of cheekbones.

The facial implant market has witnessed notable consolidation as larger enterprises acquire smaller counterparts, aiming to diversify their product portfolios and secure a larger market share.

This trend is expected to persist, driven by companies' pursuit of economies of scale and an expanded range of product offerings.

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Market Scope:

 Report Coverage

 Details

Market Revenue 2023

US$ 812.5 million

Projected Market Value (2030F)

US$ 1.71 million

Global Market Growth Rate (CAGR 2023 to 2030)

7.7%

 

Forecast Period

2023-2030

No. of Pages

223 Pages

Market Segmentation

Product, Procedure, Shape, End User, Region

Regions Covered

North America, Europe, East Asia, South ,Asia & Oceania, Latin America, Middle East & Africa

Key Companies Profiled

Implantech, Stryker, Matrix Surgical USA, Yuyao Jiusheng Medical Supplies Factory, SurgiSil, L.L.P., GRAND AESPIO INC., Sebbin, Surgiform Innovative Surgical Products., Poriferous, Alpha Aesthetics (AART, Inc.)

Top 10 Trends in Facial Implants Market:

  1. Rapid Market Growth: The facial implants market is experiencing substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 7.7% expected to propel the market to reach US$ 1.71 billion by 2033.

  2. Technological Advancements: Ongoing advancements in surgical techniques and implant materials are contributing to improved outcomes and patient satisfaction, driving innovation in the facial implants market.

  3. Genioplasty/Mentoplasty Surge: The popularity of genioplasty and mentoplasty procedures, involving chin implants, is on the rise. These surgical techniques aim to enhance chin projection, size, and shape, offering patients a means to achieve balanced facial features.

  4. Cheek and Malar Implants: Cheek and malar implants are gaining prominence as effective tools for enhancing cheekbone contours and volume, providing patients with options to achieve a more aesthetically pleasing facial appearance.

  5. Increasing Demand for Facial Harmony: Patients are seeking facial implants to achieve overall facial harmony, including jawline definition, chin projection, and cheekbone enhancement, driving the market's growth.

  6. Global Market Consolidation: Larger companies in the facial implants industry are acquiring smaller firms, leading to market consolidation. This trend aims to diversify product lines, gain market share, and capitalize on economies of scale.

  7. Growing Aging Population: The aging population is increasingly turning to facial implants as a solution for facial volume loss and sagging skin. This demographic trend contributes to the expanding market for facial implants.

  8. Customization and Personalization: There is a growing demand for customized and personalized facial implants to meet individual patient needs. Advances in 3D printing and digital modeling contribute to tailoring implants for specific facial features.

  9. Minimally Invasive Procedures: The rise of minimally invasive procedures in the facial implants market is attracting patients seeking quicker recovery times and reduced scarring. This trend aligns with the broader shift toward less invasive cosmetic interventions.

  10. Regulatory Compliance and Safety: With a focus on patient safety, there is an increasing emphasis on regulatory compliance in the facial implants market. Companies are investing in research and development to ensure their products meet stringent safety standards.