Cosmetic implants market forecast at $21.2 billion by 2030

San Francisco, CA – The global cosmetic implants market size is expected to reach USD 21.2 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2023 to 2030. Increasing demand for aesthetic procedures coupled with rising expenditure levels is expected to serve as a high impact rendering driver during the forecast period. The emergence of technologically advanced products, such as two form-stable silicone gel breast implants, is assisting the market growth of cosmetic implants.

Key Industry Insights & Findings from the report: Dental implants were the highest revenue-generating application area in 2022 owing to factors such as increasing consumption of junk food and aerated beverages, which are leading to tooth decay and other dental disorders. North America held nearly 35.5% of the global cosmetic implants market. Economic development and the presence of technological advanced products & healthcare infrastructure are key factors attributing for regions large share. — Breast Implants to are expected grow at a lucrative CAGR during the forecast period owing to increasing popularity of celebrities which in turn motivate younger generation to look aesthetically appealing. — Asia Pacific is expected to provide manufacturers with profitable growth opportunities over the estimated period. Rapidly developing healthcare infrastructure and rising patient awareness levels are key drivers attributing for the growth of this regional market.

American Society of Plastic Surgeons (ASPS) revealed that Americans around USD 16.5 billion on cosmetic plastic surgery and minimally invasive procedures in 2018. Furthermore, the age group of 35-50 years accounted for nearly 40% of the total volumes of cosmetic procedures performed.