Connect with us

Technology

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

Published

on

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/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-302188968.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Smartmi Launches the New Evaporative Humidifier 3lite

Published

on

By

Effortless Comfort: Smartmi Evaporative Humidifier 3Lite Offers Mist-Free, Filter-Free, Smart Humidification

BEIJING, Nov. 11, 2024 /PRNewswire/ — Smartmi, a global pioneer of home appliance consumption upgrade, today is thrilled to announce the launch of the Smartmi Evaporative Humidifier 3lite. This innovative humidifier is designed to enhance everyday living with its slogan, “Smart Humidification, Simple Living.” Featuring mist-free humidification, intelligent controls, and a user-friendly design, the 3Lite delivers 14 hours of quiet, efficient operation with a 4L water tank. With the smart app and voice control, easy maintenance, and no filter replacements needed, the 3Lite offers simple, cost-effective humidification for modern homes.

Prioritizing Health for a Comfortable Environment

The Smartmi Evaporative Humidifier 3lite is designed with health and well-being at its core. Mist-free humidification is ideal for sensitive individuals, and this technology ensures optimal humidity levels without the side effects of mist, creating a healthier, allergen-free environment. It allows a peaceful night’s sleep with near-silent performance, ensuring restful, uninterrupted slumber. With a 4L large water tank & a 280mL/h humidification output, the 3Lite provides up to 14 hours of continuous operation, and it is perfect for maintaining optimal humidity levels throughout the day and night.

Intelligent Features for Modern Living

The Smartmi Evaporative Humidifier 3Lite is equipped with cutting-edge technology to bring ease and convenience to everyday life. The intelligent constant humidity mode automatically adjusts the humidity from 30% to 60%, ensuring consistent comfort in any environment. Users can manage their humidifier remotely with the Mi Home app or enjoy hands-free control via smart voice assistants, like Google Assistance, Amazon Alexa, and Yandex Alice, making it easier than ever to stay comfortable.

User-Friendly Design for Maximum Convenience

Designed with the user in mind, the Smartmi 3Lite simplifies maintenance and operation. Say goodbye to costly filter replacements – simply add water and use, saving both money and time. The top-fill design allows for hassle-free refilling, while the modular design, removable evaporation disc, and water tank make cleaning a breeze. The intuitive touch interface ensures simple operation, and the water level sidebar lets you monitor water levels in real-time. With an automatic shutdown when the water runs low and when the tank is removed, Smartmi ensures safe and reliable operation.

Pricing and Availability

The Smartmi Evaporative Humidifier 3lite is the perfect companion for anyone looking to enhance their living environment with improved health and comfort. Set to launch in the CIS, Europe, and Asia Pacific in Q4 2024, it will be offered at an affordable price. This humidifier delivers smart, simple, and efficient humidity control for your home. For more information, visit www.smartmiglobal.com or follow us on social media for the latest updates.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/smartmi-launches-the-new-evaporative-humidifier-3lite-302299738.html

SOURCE Smartmi

Continue Reading

Technology

Agoda Highlights Five Must-Do Road Trips Across Asia

Published

on

By

SINGAPORE, Nov. 11, 2024 /PRNewswire/ — Digital travel platform Agoda has unveiled a selection of five must-do road trips across Asia. The routes offer travelers a chance to explore the continent’s diverse landscapes and cultures. From Thailand’s famous and scenic Mae Hong Son loop to other captivating routes, these journeys promise unforgettable experiences for road trip enthusiasts.

Agoda’s curated list includes some of the most picturesque and culturally rich routes in Asia, each offering a unique travel experience. These road trips are perfect for those looking to discover the hidden gems of the region.

Andrew Smith, Senior Vice President, Supply at Agoda said “These road trips are perfect for those who love the open road and want to explore Asia’s diverse landscapes. Whether it’s the mountains of Thailand or the coastal roads of Vietnam, there’s so much to discover. Whichever the route, Agoda can help with great value accommodations along the way. Then all that’s left to do is to drive safe and enjoy the scenery.”

The five must-do road trips in Asia are:

Mae Hong Son Loop, Thailand
This route is renowned for its picturesque mountain views and diverse local culture. Travelers can explore charming towns and lush forests, providing a unique glimpse into the region’s heritage.

Shimanami Kaido, Japan
Connecting the islands of Honshu and Shikoku, this route features stunning views of the Seto Inland Sea. Cyclists and drivers alike can enjoy the blend of natural beauty and modern infrastructure.

Golden Triangle, India
Encompassing the cities of Delhi, Agra, and Jaipur, this road trip allows travelers to explore iconic landmarks such as the Taj Mahal and the Pink City, while experiencing the rich history and culture of the region.

Hai Van Pass, Vietnam
Known for its breathtaking coastal views, this route offers a thrilling drive through mountains and along the sea, showcasing Vietnam’s natural splendor.

Cameron Highlands, Malaysia
Providing a refreshing escape into Malaysia’s cooler climates, travelers can enjoy tea plantations, strawberry farms, and charming colonial architecture along this scenic drive.

With over 4.5 million holiday properties globally, Agoda offers great value accommodation options near any road trip route. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agoda-highlights-five-must-do-road-trips-across-asia-302300515.html

SOURCE Agoda

Continue Reading

Technology

Empowering the Future: MUFG Bank (China) Partnered with DCITS to promote Next-Generation Core System Development

Published

on

By

BEIJING, Nov. 11, 2024 /PRNewswire/ — MUFG Bank (China) and Digital China Information Service Group have joined forces to fully initiate IT digital construction. The cooperation aims to develop the next-generation core banking system and its supporting peripheral systems for MUFG Bank (China), strengthening its project quality management and system testing capabilities.

Hasegawa Yoshiki, President of MUFG Bank (China), and Wang Yongli, Co-Chairman of DCITS signed the agreement on October 24, 2024, at the Shanghai headquarters of MUFG Bank (China).

DCITS is a leading fintech company that partners with over 1,900 clients in the financial industry worldwide, helping them formulate customized strategies of digital transformation while also providing ready solutions to address various problems. MUFG Bank is Japan’s largest bank that operates globally with a strong presence in China. Leveraging its extensive project implementation experience and in-depth insights, DCITS will help MUFG Bank (China) accelerate its customer-centric digital transformation through thorough IT governance services.

This partnership not only underscores the commitment of MUFG Bank (China) and DCITS to innovation and excellence, but also reflects the broader trend of digital transformation within the financial industry. It is a testament to their shared vision of a more connected and technologically advanced future in finance.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/empowering-the-future-mufg-bank-china-partnered-with-dcits-to-promote-next-generation-core-system-development-302298245.html

SOURCE DCITS

Continue Reading

Trending