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Breast Tissue Expander Market size is set to grow by USD 282.4 million from 2024-2028, Increasing prevalence of breast cancer boost the market, Technavio

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NEW YORK, July 4, 2024 /PRNewswire/ — The global breast tissue expander market size is estimated to grow by USD 282.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.78%  during the forecast period. Increasing prevalence of breast cancer is driving market growth, with a trend towards growing awareness programs for breast cancer. However, high costs associated with breast reconstruction surgeries  poses a challenge. Key market players include AbbVie Inc., Establishment Labs Holdings Inc., Global Consolidated Aesthetics Ltd., Groupe SEBBIN SAS, Guangzhou Wanhe Plastic Materials Co. Ltd., Johnson and Johnson Services Inc., PMT Corp., POLYTECH Health and Aesthetics GmbH, Sientra Inc., Silimed Industria de Implantes Ltd., and Specialty Surgical Products Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Breast Tissue Expander Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market growth 2024-2028

USD 282.4 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

6.23

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 36%

Key countries

US, Canada, UK, Germany, and Japan

Key companies profiled

AbbVie Inc., Establishment Labs Holdings Inc., Global Consolidated Aesthetics Ltd., Groupe SEBBIN SAS, Guangzhou Wanhe Plastic Materials Co. Ltd., Johnson and Johnson Services Inc., PMT Corp., POLYTECH Health and Aesthetics GmbH, Sientra Inc., Silimed Industria de Implantes Ltd., and Specialty Surgical Products Inc.

Market Driver

The global breast tissue expander market is witnessing growth due to the rising incidence of breast cancer and associated risk factors. Notable risk factors include genetic mutations, reproductive history, previous radiation therapy, alcohol consumption, and hormone intake. In response, various organizations are promoting education and awareness programs, as well as offering breast screening facilities for early detection. For instance, the Department of Health in Australia operates the BreastScreen Australia program, which invites women aged between 50 and 74 for free mammograms every two years. The government plans to invest USD64.3 million to extend this program to women aged 70-74. Non-government organizations are also launching podcast series to educate the public about breast cancer. These initiatives aim to reduce breast cancer mortality rates and drive market growth throughout the forecast period.

The Breast Tissue Expander market is witnessing significant growth in the Breast Reconstruction market, driven by the rising number of Breast Cancer diagnoses and increasing awareness. Reimbursements for Breast Reconstruction Treatment are also boosting market expansion. Trends include 3D-printed implants using Resomer bioresorbable polymer, silicone implants, and clinical trials for tissue expanders. Mastectomy patients opt for breast prosthetics as alternatives. Product failures and recalls have affected market players like Allergan, impacting the Breast Implants segment. Regulatory challenges and high costs are key concerns. Aging population and demand for cosmetic procedures in Ambulatory Surgical Centers, Hospitals, and Clinics drive market growth. Product shape insights include rectangular, crescent, and round expanders for various reconstructive surgeries and cosmetic procedures. Patient satisfaction, post-surgery complications, scar management, and surgical oncology are critical factors. Other applications include Forehead Skin Reconstruction, Scalp Reconstruction, Face & Neck Reconstruction. Surgical techniques and patient preferences influence market trends. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global breast tissue expander market growth may be hindered by the high cost of breast reconstruction surgeries. In developing countries like South Africa, the cost of surgery, follow-up fees, diagnostic tests, hospital stays, and breast implants add up to an average cost of USD4,500 for a mastectomy and USD3100USD10,000 for breast reconstruction. These expenses can limit patient access, particularly in countries where medical aid coverage is limited. In the US, while insurance coverage is more extensive, out-of-pocket costs remain significant, with breast reconstruction surgeries costing an average of USD10,000USD30,000 for those uninsured and USD10,000USD12,000 for insured individuals. These high costs may deter patients from seeking necessary treatment, ultimately impacting the demand for breast tissue expanders.The Breast Tissue Expander market is witnessing significant growth due to the increasing demand for reconstructive and cosmetic surgeries. Allergan dominates the Breast Implants segment, but Tissue Expanders are gaining popularity due to their use in various reconstructive procedures. Acellular Dermal Matrix is a key component in tissue expander surgeries, offering advantages in wound closure and tissue regeneration. Challenges in this market include regulatory hurdles, high costs, and patient preferences for ambulatory surgical centers, hospitals, and clinics. Product shape, such as rectangular, crescent, or round, influences surgeon preference and patient satisfaction. Reconstructive surgeries, including Forehead Skin Reconstruction, Scalp Reconstruction, and Face & Neck Reconstruction, also drive demand. Post-surgery complications, scar management, and patient satisfaction are crucial factors. Surgical oncology, Breast Conserving Surgery, and Reconstruction options further expand the market. Quality of life and patient preferences are key drivers, as an aging population seeks various aesthetic procedures.

For more insights on driver and challenges – Request a sample report!

Segment Overview

This breast tissue expander market report extensively covers market segmentation by 

End-user1.1 Hospitals1.2 Cosmetology clinics1.3 Cancer institutesProduct 2.1 Saline-filled breast tissue expanders2.2 Air-filled breast tissue expandersGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Hospitals-  The Breast Tissue Expander market is experiencing significant growth due to increasing breast reconstruction surgeries and the rising preference for aesthetic enhancements. These expanders are used to gradually expand the breast tissue prior to breast implant surgery. Major players in this market include Allergan, Sientra, and Mentor. They invest in research and development to innovate and improve their product offerings. The market is expected to continue expanding due to rising consumer awareness and affordability of these procedures.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Breast Tissue Expander market is witnessing significant growth due to the increasing awareness and early detection of breast cancer. Reimbursements for breast reconstruction surgeries, including tissue expanders, are driving market expansion. Mastectomy patients often require tissue expanders to prepare the chest wall for breast reconstruction or for those opting for cosmetic procedures. Innovations in medical technology, such as 3D-printed implants and Resomer bioresorbable polymers, are transforming the market. Clinical trials for new tissue expanders and alternatives, like liposuction and acellular dermal matrix, are underway. However, challenges such as capsular contracture, product failures, recalls, and regulatory hurdles pose risks. High costs and the aging population’s increasing demand for aesthetic surgeries are other market drivers. Tissue expanders are also used in reconstructive surgeries for forehead skin reconstruction, scalp reconstruction, face & neck reconstruction, and other applications. Ambulatory Surgical Centers, hospitals, and clinics are key distribution channels.

Market Research Overview

The Breast Tissue Expander market is a subsegment of the larger Breast Reconstruction market, which is driven by the increasing incidence of Breast Cancer and growing awareness about early detection and treatment. Reimbursements for breast reconstruction treatments, including tissue expanders, are a significant factor fueling market growth. Mastectomy and breast prosthetics are common breast reconstruction methods, with tissue expanders used to prepare the breast tissue for implant placement. Innovations in medical technology, such as 3D-printed implants and Resomer bioresorbable polymer, are transforming the market. Clinical trials for new products and surgical techniques are ongoing, with liposuction and capsular contracture being areas of focus. Product failures and recalls have posed challenges to market players, with Allergan’s breast implant scandal being a notable example. The Breast Implants segment, which includes tissue expanders, accounts for a significant share of the market. Reconstructive surgeries and cosmetic procedures are key application areas, with patient preferences and quality of life being crucial factors. Regulatory challenges and high costs are major market restraints, with ambulatory surgical centers, hospitals, and clinics being the primary end-users. Product shape, including rectangular, crescent, and round, is a significant factor influencing patient satisfaction and post-surgery complications. Other applications of tissue expanders include forehead skin reconstruction, scalp reconstruction, face & neck reconstruction, and breast augmentation. Surgical oncology, breast conserving surgery, and reconstruction options are also areas of interest in the market. Patient satisfaction, scar management, and surgical techniques are critical factors influencing market growth. Overall, the Breast Tissue Expander market is expected to grow significantly in the coming years, driven by increasing demand for breast reconstruction treatments, technological innovations, and patient preferences.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userHospitalsCosmetology ClinicsCancer InstitutesProductSaline-filled Breast Tissue ExpandersAir-filled Breast Tissue ExpandersGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Students to Develop Urban Mobility Solutions Using AI

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In Otis’ Made to Move Communities™ global competition, students will apply Artificial Intelligence to enable more inclusive and sustainable mobility solutions.A student team from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School is representing Hong Kong in this competition

HONG KONG, Nov. 13, 2024 /PRNewswire/ — Artificial Intelligence is revolutionizing the speed, accuracy and scale at which complex challenges are addressed. Over the next several months, more than 250 students from dozens of schools representing more than 15 countries and territories around the world will participate in the Made to Move Communities challenge to propose innovative ways AI can improve urban mobility. They’ll be guided by volunteer mentors from Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company.

“We believe that the next generation of innovation will use AI to make moving in and around cities easier and more efficient for all,” said Randi Tanguay, Otis Senior Vice President & Chief Communications Officer. “Today’s students are growing up as AI technology matures. They are actively engaged and quickly developing the skills to effectively use and apply it. With their innate curiosity and imagination, combined with the guidance of expert Otis volunteer mentors, I can’t wait to see the solutions these students come up with.”

Why AI

According to the World Bank, more than 56% of the world population currently lives in cities, and that number is expected to grow to nearly 70% by 2050. The current pace of rapid urbanization and global population growth has the potential to strain urban infrastructure, resulting in increased congestion, pollution, and inadequate public transit. These challenges can be even more acute in underserved neighborhoods and for people with special needs.

“AI is already reshaping transportation. It’s enabling self-driving cars, optimizing traffic flows, and even helping drones deliver packages and medicines to those in need,” said Ezhil Nanjappan, Otis Senior Vice President and Chief Technology Officer. “As we stand on the brink of the AI revolution, I’m excited to bring this transformational technology to the Made to Move Communities program – to brainstorm solutions to the mobility issues of today and tomorrow, while inspiring young minds and helping to close the STEM skills gap.”

For the first time – a global winner

Since 2020, Otis’ annual Made to Move Communities global student competition has engaged over 750 students and hundreds of Otis colleagues with the goal of addressing urban mobility challenges while sparking a lifelong interest in STEM. Participating schools have received nearly $1 million (USD) in grants from Otis to further STEM learning and programs in their schools.

Until now, students used to compete regionally, with a winning team selected in each of the four Otis regions. This year, for the first time, the four regional winning teams will compete in a final round to determine a global team champion. Student teams will need to share how their solutions to local challenges can be scaled globally, and the global team champion will receive an additional grant for their school.

Seven students from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School will take part. This is the second time the school will represent Hong Kong. “We are pleased to once again have the opportunity to represent Hong Kong in the competition. This platform allows our students to harness the power of Artificial Intelligence to tackle real-world urban mobility challenges. We are eager to see how their innovative ideas will transform into practical solutions and showcase their talents on a global stage.” Said by Ms. Jacqui KOO, Acting Deputy Principal cum Director of International Division, Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School.

Watch this video to learn more about Made to Move Communities and this year’s challenge: https://youtu.be/c1FwYeGhLp4

Visit otis.com/mtmc to learn more and follow Otis for updates from participating student teams.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

Media Enquiries: 

Michelle Mak
michelle.mak@otis.com  
852-9865 5331

 

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SOURCE Otis Elevator Company (H.K.) Limited

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New order for Alfa Laval to unlock potential of biofuels in aviation

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LUND, Sweden, Nov. 13, 2024 /PRNewswire/ — Driving the global energy transition towards biofuels, Alfa Laval has secured two contracts worth 350 million SEK to supply cutting-edge HVO pre-treatment technology to Europe’s largest biofuel facility. The facility, a joint venture between Cepsa Bioenergia San Roque S.L. (CSBR), and Bio-Oils Energy, part of the Apical Group, will produce 500,000 tonnes of sustainable aviation fuel (SAF) and renewable diesel annually, addressing the growing demand for cleaner, renewable energy sources.

Biofuels are crucial in the decarbonization of our societies, providing a low-carbon solution for existing technologies. In the transportation sector, they play a significant role in the shift towards net-zero emissions. However, the current demand for biofuels far exceeds the available supply, highlighting the need for increased production and innovation to meet this growing need.

“The biggest challenge in the biofuel industry is to triple the capacity by 2030. The volume increase is essential, and we are excited for Alfa Laval to play an important role in this transition,” says Sammy Hulpiau, President, Food & Water Division. “The trust placed in us by CBSR ensures that Alfa Laval significantly contributes to the necessary increase of biofuels in aviation, and the transformation of the entire industry.”

Alfa Laval’s Food & Water Division will supply two different pre-treatment units to CBSR’s 1.2-billion-euro project. The construction of the plant is an important step on the journey towards decarbonizing the global transportation sector and will double CBSR’s total renewable fuels production capacity to one million tonnes a year. The plant is designed to emit 75 percent less CO2 than a traditional biofuel plant.

The facility, planned to be up and running during 2026, is currently under construction in Huelva, Spain.

Did you know… that road travel, flights, and shipping account for nearly a quarter of the world’s greenhouse gas emissions? Biofuels offer a promising solution to keeping transportation efficient while reducing emissions.

CONTACTS
Johan Lundin
Head of Investor Relations, Alfa Laval
Mobile: +46 730 46 30 90
johan.lundin@alfalaval.com

Anna Droben
Head of External Communications, Alfa Laval
Mobile: +46 730899621
anna.droben@alfalaval.com

This is Alfa Laval   

The ability to make the most of what we have is more important than ever. Together with our customers, we’re innovating the industries that society depends on and creating lasting positive impact. Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. We’re set on helping billions of people to get the energy, food, and clean water they need.  And, at the same time, we’re decarbonizing the marine fleet that’s the backbone of global trade.

We pioneer technologies and solutions that  free our customers to unlock the true potential of resources. As our customers’ businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we’re pioneering positive impact.

Alfa Laval was founded 140 years ago, has customers in some 100 countries, employs more than 22,000 people, and annual sales were SEK 63.6 billion (5.5 BEUR) in 2023. The company is listed on Nasdaq Stockholm. 

www.alfalaval.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/alfa-laval/r/new-order-for-alfa-laval-to-unlock-potential-of-biofuels-in-aviation,c4065660

The following files are available for download:

https://mb.cision.com/Public/905/4065660/ac1f7576cdec81f2.pdf

New order for Alfa Laval to unlock potential of biofuels in aviation Alfa Laval press release 20241113

https://news.cision.com/alfa-laval/i/alfa-laval-biofuel-order-cepsa-2024-airplane-fuel,c3351404

Alfa Laval Biofuel order Cepsa 2024 Airplane fuel

 

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SOURCE Alfa Laval

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Teleperformance named among top 15 Best Companies to Work For™ in Europe

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BRISTOL, England, Nov. 13, 2024 /PRNewswire/ — Fortune and Great Place To Work® have ranked global business services leader Teleperformance (TP) among the top 100 Best Companies to Work For™ in Europe for the second consecutive year, ranking 12th among multinational companies. TP is the only company in the customer experience management industry to rank within the top 25 Best Companies to Work For™ in Europe.

In particular, TP’s operations in thee United Kingdom have been named to the list, which recognises the best companies to work for in Europe on an annual basis.

Companies on the 100 Best Companies to Work For™ list dramatically outperform the typical workplace in Europe by creating consistently great work experiences, according to Great Place to Work®. Earning a spot on the list is an indicator of high levels of trust across the organisation, with more employees from companies on the list reporting a consistently positive experience at work.

“Our people are at the heart of everything we do at TP,” said Alan Winters, TP Chief People Officer. “With a large diverse workforce, we hire and train for emotional intelligence and help employees grow to their full potential by sharing, listening and innovating – and a common thread through all of this is trust. We are encouraged and humbled by this feedback from our people across Europe who rated us so highly as a great employer. As the global leader in our industry, our goal is to continually be a great place to work in Europe and everywhere we operate.”

TP’s ranking on the Fortune 100 Best Companies to Work For™ in Europe 2024 list is based on an analysis of confidential survey responses from TP employees across Europe compared to confidential employee survey responses from employees in the region. TP employees overwhelmingly reported being treated fairly, regardless of their social and socio-economic status, gender, race or sexual orientation, and that TP provided a safe place to work.

Earlier this year TP received Great Place to Work® certifications in 69 countries, including 26 countries in Europe. Today, 97% of TP employees work in a Great Place to Work®-certified location1.

Great Place to Work® is the global authority on workplace culture and employee experience. Its annual certification program is based on a rigorous methodology and independent employee feedback. 

Visit the group at www.teleperformance.com.

Logo – https://mma.prnewswire.com/media/2555852/Teleperformance_Logo.jpg

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