Facial Implant Market: Current Analysis and Forecast (2022-2028)

The facial implant market is expected to register a CAGR of approx. 7% over the period of 2022-2028. The physical structure of the face can be improved or augmented with the help of facial implants, which are specially shaped-solid materials that are compatible with human tissues. The precise type and size of facial implants best suited require an evaluation of the user goals, the features the user wishes to correct and the surgeon's judgement. Although any part of the face can be enhanced by implants, the cheeks, chin, and jaw are the most frequently used locations. Plastic surgery with facial implants may be beneficial if the person is bothered by a small chin, a weak jaw, or a lack of facial contour. The growing demand for facial implants can be attributed to the growing adoption of minimally invasive aesthetic procedures across the globe. For instance, according to the American Society of Plastic Surgeons (ASPS), in the U.S., nearly 18 million minimally invasive and surgical cosmetic products were performed in 2020, out of which nearly 16 million products were minimally invasive. Owing to the glaring statistics the increasing adoption of minimally invasive surgeries, coupled with the availability of a wide range of such implant options across the globe is leading to the growing demand for facial implants and would contribute to the growth of the market in the forthcoming period as well. Furthermore, the facial implant market is anticipated to grow on account of the rising virtual representation on social media. In addition, Locals in both developed and developing nations are becoming more conscious of their appearance driving the market growth. However, some of the restraints in the market including the lack of reimbursement, as well as clinical risk and consequences associated with aesthetic facial cosmetic procedures are impeding the growth of this market all over the world.

Zimmer Biomet Holdings Inc; Johnson & Johnson; Stryker Corporation; Medartis Holding AG; Sientra Inc; Hanson Medical Inc; W. L. Gore & Associates, Inc.; Integra Lifesciences Holdings Corp; AART, Inc; and ANTHONY PRODUCTS, INC are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report:

"Amongst product, the chin & mandibular category is expected to hold significant market share during the forecast period"

Based on the product, the facial implant market is segmented into chin & mandibular, cheek, nasal, and injectables. The chin & mandibular segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly during the projected timeframe. The rising adoption rate and increasing chin augmentation procedures for facial rejuvenation are factors contributing to its dominance over the forecast period. An implant is inserted around the patient's natural chin bone during surgery to enhance its size and shape. Chin augmentation surgery can provide a long-term solution to a recessed or weak chin.

"Amongst material, the polymers category is expected to witness considerable CAGR during the forecast period"

Based on the material, the market is fragmented into metal, biologicals, polymers, ceramic, silicon, and others. The polymers segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period due to the increasing usage of polymers for deformity correction surgeries. The best materials for facial implants are polymeric materials because of their high tensile strength. In addition, additional advantages like flexibility, rigid support, and biocompatibility are anticipated to spur market expansion.

"Amongst procedure, the eyelid surgery category is expected to hold considerable market share during the forecast period"

Based on the procedure, the market is fragmented into eyelid surgery, facelift, rhinoplasty, cheekbone surgery, forehead surgery, and others. The eyelid surgery segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period due to the rising demand for facial surgeries globally. the growing availability of cosmetic procedures for vision correction, bagginess reduction, and skin removal from the eyelids. Blepharoplasty, also known as eyelid surgery, is a lengthy procedure with results that patients can enjoy for many years, which accounts for the steadily increasing number of procedures carried out worldwide.

"Amongst shape, the anatomical facial implants category is expected to witness considerable CAGR during the forecast period"

Based on the shape, the market is fragmented into anatomical facial implants, oval facial implants, and round facial implants. The anatomical facial implants segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. The use of anatomical facial implants for facial contouring represents localized improvements to the facial skeleton that are then transmitted to the skin's surface via muscles, connective tissue, and fat. Fat transfer, on the other hand, restores fullness within the soft tissues. This leads to an improvement in facial surface contouring with both techniques. Implants are made specifically for each patient and can be small, medium, or large in size. Chin implants are the most popular solution for improving the appearance of receding chins.

"Amongst end-user, the hospitals' category is expected to hold considerable market share during the forecast period"

Based on the end-user, the market is fragmented into hospitals and trauma centers, ambulatory surgical centers, dermatology clinics, and others. The hospital segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. A large number of aesthetic procedures, particularly breast procedures, blepharoplasty, and other minimally invasive procedures, are performed in hospitals. Mainly due to the global rise in obesity and the issue of being overweight, as well as the high income, and advanced healthcare infrastructure increase in the growth rate of the hospital segment.

"North America to witness significant growth during the forecast period"

For a better understanding of the market adoption of the facial implant, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the facial implant industry due to the increasing number of incidences of facial deformity brought on by widespread commercialization. High levels of patient awareness, the development of technologically advanced facial implants, the rise in demand for minimally invasive surgeries, and the presence of state-of-the-art healthcare infrastructure for facial procedures are some additional factors that are propelling regional market growth. In the upcoming years, it is also projected that the demand for cosmetic procedures will rise due to the population's growing emphasis on facial aesthetics and desire to seem young.

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Deep dive regional level analysis of the industry.

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