Facial Implants Market Analysis
Facial Implants Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Facial implants is a type of cosmetic surgery, which involves an advanced technology to improve a physical appearance in case of various abnormalities by birth or acquired such as cancer and accidents. The approach of facial implant basically refers to a type of surgical intervention where specially designed medical devices are placed inside the body to replace the damaged part and regain their appearance. Furthermore, medical devices for facial implants are designed by solid materials that are compatible with human tissues that further gives the damaged part a better and comprehensive look. Various parts such as chin, cheek and jaw can be enhanced by the help of implanting a medically constructed homologous products. There are no medical alternatives for facial implants that can reshape the cheeks or chin.
Furthermore, players in facial implant market focus on fueling growth in modelling sector by adopting various facial implant strategies such as cheek, chin, and jaw, including the use of different material in the preparation that can offer better results. Thus, materials play an important role in facial implant, as they mimic the facial part. The patients with burns, muscular atrophy and injuries can opt for facial implants. Nowadays various medical conference are conducted to educate surgeons on latest techniques in field of facial implant as there is no alternative way to reshape the facial part.
Facial implants market taxonomy
By Product Type
Increasing consumer inclination towards maintaining esthetic appeal fuels the facial implant market
Rising expenditure on healthcare and awareness is expected to favor a growth of facial implant market in the near future. There are different types of surgeries and implant that are used to enhance facial part in case of trauma and serve injury. On other hand rising incidents which occur in sports to facial injuries favor the growth of facial implant. However, a majority of young population perceives facial injuries to be an eyesore and so are inclined towards facial implant. Face implants in high fashion modeling work has also increased the market of facial implant. Chin implants have also provided a boost many top models, giving them a more defined profile that’s perfect for high fashion photos shoots. American Society of Plastic Surgeons, reported 15.6 million facial implant procedures were performed in 2014 in the U.S. According to Department of Health in 2013 facial implants in the UK accounted for an annual expenditure of 2.3 billion in 2010.
Regional growth engines of the facial implant market
Over several years facial implants have grown popularity through the U.S. with medical advancements resulting in more naturalistic results and also due to decrease in negative result. North America valued over US$ 900 million in 2014 due to growing awareness and presence of sophisticated healthcare facilities. Medical tourism is growing as it relates to facial implants, Las Vegas is booming for face implants industry which led to growth of facial implant market. As surgeons recommend to stay in town for week to ten days so Las Vegas is found as better place for face implants surgery. South Korea is well-known for their health and beauty secret facial implant market is gaining new heights. The obsession of facial implants can also be seen on streets and subways of South Korea.
Major acquisitions to support growth of facial implant market
Facial implant industry is competitive in nature so lot of investment are done for R&D to develop efficient and cost effective product for facial implant surgeries. Key players operating facial implant market share include, Stryker Corp., Eurosurgical, Wanhe Plastic Materials, Zimmer-Biomet Inc., TMJ Concepts, Implantech Associates Inc., Johnson & Johnson, Spectrums Design Medical, Medartis AG, KLS Martin L.P., Hanson Medical, Inc., Sebbin, and Sientra Inc.