The Latin America, Middle East and Africa Facial Implant Market would witness market growth of 10.8% CAGR during the forecast period (2021-2027).
Facial implants are a sort of cosmetic surgery that uses advanced technology to alter a person's physical appearance in the case of birth or acquired defects such as cancer or accidents. The term facial implant refers to a surgical procedure in which specifically developed medical devices are implanted inside the body to replace damaged tissue and restore look. In addition, medical devices for facial implants are made of solid materials that are compatible with human tissues, giving the damaged area a more natural appearance. Moreover, various regions of the body, such as the chin, cheeks, and jaw, can be improved by implanting medically produced homologous goods.
Some of the key trends of the market are increased concern for physical and aesthetic appearance across all age groups, as well as the increasing adoption of cosmetic procedures. Additionally, benefits such as painless operation, safety and efficacy, shorter recovery times, and shorter hospital stays are likely to drive demand for invasive aesthetic surgery. In addition, rising incidences of facial abnormalities due to congenital illnesses and trauma necessitating cosmetic surgery are predicted to increase demand for a facial implant over the forecast period.
Some of the major trends of the LAMEA market are the presence of highly skilled professionals, rising spending by people on improving their facial features, and an increase in the number of specialty clinics. In addition, the regional market is characterized by the growth in the number of cosmetic procedures, sales of face implants have increased significantly in countries such as Brazil, Mexico, Peru, and Argentina in recent years. These nations have become popular locations for cosmetic surgery on the face. As a result, a growing number of people from around the world are choosing cosmetic surgery in these areas. The rising healthcare spending and enhanced health infrastructure would have a positive impact on the regional market. Cosmetic surgery is on the rise in the Middle East, particularly in Dubai, Oman, and Saudi Arabia, with more and more men opting for it.
The Brazil market dominated the LAMEA Facial Implant Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $69.4 million by 2027. The Argentina market is estimated to grow at a CAGR of 11.4% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 10.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Facial Implant Market is Predict to reach $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.
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