Breast Reconstruction Market: New Products Rolled Out Amid Product Recalls

Published: Wed Sep 18 2019

Breast reconstruction tends to depend on the disease status, overall health and treatment plan and takes place during or soon after mastectomy and in a few cases lumpectomy. Meanwhile, even though breast reconstruction rebuilds the shape of the breast, it fails to restore sensation to the breast or nipple. Nevertheless, breast reconstruction can enhance emotional and social well-being; restore feelings of wholeness and attractiveness; and ward off the need for external prosthesis. These insights are according to the intelligence report, titled, "Breast Reconstruction Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027," which has been freshly added to Market Research Hub’s (MRH) exponential repository.

Over the last two decades, ADMs have become the linchpin of implant-based immediate breast reconstruction. Soaring popularity of ADMs is highly attributed to decreased cost, enhanced psychological morbidity, and optimal cosmetic outcomes. Moreover, use of ADMs in both prepectoral and dual-plane approaches has been instrumental in providing excellent soft tissue coverage and low rate of complication. Accordingly, market for breast reconstruction is set to expand at a CAGR of ~5% through 2027.

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Amid product recalls that is likely to dent the growth of the breast reconstruction market, pertinent players have rolled out new products, including ADMs, silicone-filled breast implant, and tissue expanders. For instance, Mentor Worldwide LLC rolled out CPX4 Smooth Breast Tissue Expander in the U.S. that has become instrumental in prepectoral and sub muscular breast reconstruction.

According to American Society of Plastic Surgeons, Japan registered largest number of breast reconstruction procedures in APAC—logging 0.3% of procedures performed globally. Moreover, availability of sophisticated medical devices and soaring awareness pertaining to breast reconstruction have fared well for the growth of the market in Asia Pacific. As such, companies such as Mentor Worldwide LLC (Johnson & Johnson), Allergen, RTI Surgical, Inc., have been eyeing APAC market that is expected to provide lucrative opportunities to big players.

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Breast Reconstruction Market: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the breast reconstruction market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the breast reconstruction market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on breast reconstruction.

An insightful and deep-dive assessment of the competitive assessment of the breast reconstruction market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the breast reconstruction market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Breast Reconstruction Market: Research Methodology

Primary sources and secondary sources propel intelligence report on breast reconstruction market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on breast reconstruction market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.

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