Cosmetic Implants Market Expected to Reach $10,708 Million

According to a new report by Allied Market Research, titled, “Cosmetic Implants Market – Global Opportunity Analysis and Industry Forecast, 2014 – 2022,” the global market revenue of cosmetic implants was valued at $ 6,356 million in 2015 and is projected to reach $10,708 million by 2022, growing at a CAGR of 7.7% from 2016 to 2022. The dental implants segment is expected to garner major part of revenue followed by facial implants.
Summary of the cosmetic implants market report can be accessed on the website at https://www.alliedmarketresearch.com/cosmetic-implants-market
Major factors that drive the market growth include growth in technological advancements (such as advent of gummy bear implants), rise in incidence of congenital defects, increase in adoption of cosmetic implants to improve the aesthetic looks, rise in the number of cosmetic surgeons, emergence of minimally invasive reconstruction surgeries, and rise in geriatric population. The rise in the number of application areas of cosmetic implants namely Penile implants, Calf implants, Pectoral implants, and eyelid implants are anticipated to further drive the demand for cosmetic implants. However, unfavorable reimbursement policies, high cost of the cosmetic procedures, such as breast implantation, and malfunctioning hazards restrict the market growth.
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