The global cosmetic implants market size was US$ 9,840.8 million in 2021. The global cosmetic implants market is forecast to grow to US$ 20,321.2 million by 2030 by registering a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2022 to 2030.
The cosmetic implant is performed to repair abnormalities of an individual, which majorly occurred due to trauma, accidents, etc. Cosmetic implants help individual replace their dysfunctional body parts and improve aesthetics. Furthermore, cosmetic implants include hair implants, facial augmentation, penile implants, chest augmentation, soft tissue or injection implants, buttock augmentation, and calf augmentation.
Factors Influencing the Market
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic drastically declined the demand for cosmetic implants. Due to the pandemic, government bodies imposed strict lockdown, which forced clinics to shut their doors for the allocated time. In addition, people also stopped visiting clinics as it requires contact to perform surgery and includes a high risk of disease transmission. As a result, the global COVID-19 pandemic has had a negative impact on the global cosmetic implants market.
Regional Analysis
North America is forecast to emerge as the largest market for cosmetic implants. It is owing to the growing disposable income and rising prevalence of disorders. In addition, growing awareness related to the efficiency of cosmetic implants is driving the market forward.
The Asia-Pacific cosmetic implants market is forecast to grow at a significant growth rate. It is owing to the rising cases of dental abnormalities. For instance, according to a study by the ministry of health and family welfare, nearly 60% of the Indian population suffers from dental caries, and nearly 85% of the Indian population suffers from periodontal disease. Thus, the growing prevalence of these diseases will upsurge the demand for cosmetic implants in the coming years.
Leading Competitors
Scope of the Report
The global cosmetic implants market segmentation focuses on Product, Biomaterial, and Region.
By Product
By Biomaterial
By Region