by The Breast Reconstruction Market is estimated to be valued at US$ 567 million in 2023 and is expected to exhibit a CAGR of 2.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Breast reconstruction is a surgical process that creates a natural-looking breast shape and size after breast surgery like mastectomy or breast cancer surgery. With breast reconstruction surgery, the breasts can be rebuilt to match the remaining breast. There are two main types of breast reconstruction procedures including implant-based reconstruction using breast implants and autologous reconstruction using the patient’s own tissue. Breast reconstruction helps women restore their physique and feel whole again after breast cancer or other breast surgery.
Market key trends:
The Breast Reconstruction Market Demand is expected to witness significant growth owing to rising prevalence of breast cancer cases globally. According to the World Health Organization (WHO), breast cancer is now the most common cancer globally, overtaking lung cancer, with an estimated 2.3 million new cases diagnosed in 2020. The increasing incidences of breast cancer are driving the number of mastectomies performed worldwide, thereby augmenting demand for breast reconstruction procedures. Furthermore, increasing awareness among women about breast reconstruction options post-mastectomy and favorable government policies and programs focused on women’s empowerment are some other key factors expected to boost market growth over the forecast period.
The breast reconstruction market is estimated to be valued at US$ 567 million in 2023 and is expected to exhibit a CAGR of 2.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The breast reconstruction market is expected to grow at a steady pace owing to increasing incidence rates of breast cancer globally and technological advancements in reconstruction methods. According to the World Health Organization (WHO), breast cancer is the most commonly diagnosed cancer in women worldwide, with an estimated 2.3 million new cases diagnosed in 2020.Further, the growing awareness about breast reconstruction options and increasing access to these procedures in developing regions are also fueling the demand. In addition, the market players are focusing on developing innovative products such as 3D-printed implants and minimally-invasive surgical techniques which are less time-consuming and enable faster recovery. For instance, Polytech Health & Aesthetics offers tissue expanders that are designed to make the expansion process smoother and more comfortable for patients. Such advances are expected to boost uptake of breast reconstruction procedures over the forecast period.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
