The Europe Facial Implant Market would witness market growth of 8.2% CAGR during the forecast period (2021-2027).
People are spending a lot of money to improve their aesthetic appearance due to increased disposable income, changing lifestyles, and the expansion of the fashion and modeling industries. In addition, they prefer less invasive cosmetic operations because of their numerous benefits, including shorter recovery times, shorter hospital stays, painlessness, and higher efficacy. Therefore, the increase in the number of these surgeries for modifying facial features will continue to drive the growth of the facial implants market over the forthcoming years.
Facial implants have made it possible for patients to replace or modify healthy facial components as well as replace or modify dysfunctional or abnormal facial elements. Additionally, the use of these implants allows patients to improve their facial features and hence increase their self-confidence. Moreover, factors such as rising healthcare spending, increased awareness of facial cosmetic treatments, and an increase in the number of specialized clinics and ambulatory centers would drive the growth of the facial implants market.
Some of the key trends of the European market are the large number of plastic surgeries being performed in the United Kingdom, demand for facial and breast implants, the growing influence of social media, and new product launches. In addition, people living in different countries of the region have high disposable income. According to Eurostat, the total adjusted disposable income for households in the EU 28 countries was almost USD 22,840 in 2018, up from nearly USD 20,400 in 2012. Moreover, several cosmetic procedures are being carried out to improve people's aesthetic attractiveness due to rising demand. It's also due to consumer awareness and the availability of non-invasive surgical alternatives. Further, the region has a massive middle-aged population, which presents enormous prospects.
The Germany market dominated the Europe Facial Implant Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $240.3 million by 2027. The UK market is anticipated to grow at a CAGR of 7.3% during (2021 - 2027). Additionally, The France market would display a CAGR of 8.9% during (2021 - 2027).
Based on Procedure, the market is segmented into Eyelid Surgery, Facelift, and Rhinoplasty. Based on Product, the market is segmented into Chin & Mandibular Implants, Cheek Implants, Nasal Implants, and Injectables. Based on Material, the market is segmented into Polymers, Metal, Biologicals, and Ceramic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Facial Implant Market Size will Hit $3.6 Billion by 2027, at a CAGR of 8.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Matrix Surgical USA, Eurosurgical Ltd., Implantech Associates, Inc., Hanson Medical Inc., Zimmer Biomet Holdings, Inc., Johnson & Johnson, Integra LifeSciences Holdings Corporation, Sientra, Inc., Stryker Corporation, and Medartis AG.
By Procedure
By Product
By Material
By Country
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