Portland, OR, July 14, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global mastopexia Buy generated $3.2 billion in 2021 and is projected to reach $5.9 billion by 2031, registering a CAGR of 6.3% from 2022 to 2031. The report provides detailed analysis of the changing market dynamics, leading segments, chain value, key investment pockets, regional scenario and competitive landscape.
The increase in the female geriatric population, which is directly proportional to the increase in mastopexy procedures, is driving the growth of the global mastopexy market. However, factors such as high cost of treatment and post-operative risks are expected to hinder the growth of the market. Additionally, considering age as one of the segments in breast lift surgery, it has been noted that approximately 40% of total surgeries are performed for ages 40-54, followed by 27% of total surgeries for ages 30-39. . This is expected to lead to significant market growth in the near future.
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The Impact of the COVID-19 Pandemic on the Mastopexy Market:
- The outbreak of the COVID-19 pandemic has led to a negative impact on the growth of the global mastopexy market, as many surgeries have either been canceled or delayed to deal with Covid-19 patients.
- A significant reduction was noted in elective operations, especially cosmetic operations. However, the market is steadily recovering.
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The report offers detailed segmentation of the global mastopexy market based on type, end-use, and region.
Based on type, the anchor breast lift segment held the highest market share in 2021, accounting for nearly two-fifths of the total market share and is expected to continue its leadership position during the forecast period. However, the benelli lift or donut lift segment is estimated to register the highest CAGR of 6.9% from 2022 to 2031.
On the basis of end-use, the hospital segment accounted for the largest market share in 2021, accounting for nearly three-fifths of the total market share and is expected to continue its leadership position during the forecast period. Furthermore, the same segment is projected to register the highest CAGR of 6.6% from 2022 to 2031.
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On the basis of region, North America contributes the highest share in terms of revenue in 2021, accounting for nearly two-fifths of the total market share and is estimated to continue its dominant share till 2031. However, the Asia Pacific region is projected to exhibit the fastest CAGR of 7.4% during the forecast period.
The leading players of the global mastoplasty market analyzed in the research include bbVie, Bausch Health, Establishment Labs, GC Aesthetics, Guangzhou Wanhe Plastic Materials, Hologic, Mentor (Johnson & Johnson), Lipoelastic, Polytech Health & Aesthetics and Sientra Inc.
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“We have also published some syndicated market studies in the similar area that you may be interested in. Below is the report title for your referenceconsidering the impact of Covid-19 on this market which will help you assess the subsequent impact of the pandemic on the short-term and long-term growth trends of this market.”
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