The global cosmetic implants market size is estimated to garner USD 17.9 Billion while exhibiting a 5.8% CAGR by 2032. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure USD 10.2 Billion in 2022.
Increasing expenditure on healthcare, growing awareness about cosmetic procedures, and an increasing number of specialty clinics and ambulatory centres will further expand the size of cosmetic implants market in the future. The growing influence of social media and the rising awareness among individuals about physical appearance drive the growth of the market in the forecasting period.
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As per the analysis, the dental implants segment is anticipated to hold remunerative opportunities for the global cosmetic implants market. Various developing countries are making significant developments in their budgets, thereby, offering lucrative opportunities to players in the market.
Key Takeaways from the Market Study:
"Rising demand for cosmetic procedures & growing technological advancements in the healthcare sector is expected to fuel the demand of cosmetic implants market over the forecast period," says an analyst at Future Market Insights.
What are the Factors Hampering the Global Cosmetic Implants Market?
Despite the growing popularity of cosmetic implants, various factors are likely to pose a threat to the growth of the cosmetic implants market during the forecast period. The high cost of cosmetic implants and the threat of malfunctioning are some of the prominent factors anticipated to hinder the market’s growth during the forecast period.
Also, high chances of surgical complications, increasing cost of cosmetic surgeries, adverse effects of the cosmetic surgery, and lack of proper healthcare facilities across some developing economies are projected to harm the growth of the Cosmetic Implants Market over the forecast period. Lack of awareness of the operational effectiveness and other benefits of the technologically advanced implant systems restrain the growth of the market.
Competitive Landscape:
Eminent players of the global cosmetic implants market include –
Recent Key Developments Among Players Include:
Key Segments Covered in the Cosmetic Implants Industry Survey:
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