Monday, January 28, 2019
Breast Prosthesis Market: Global Industry Outlook, Market Share, Key Driving Factors, Industry Scenario and Forecast to 2026
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The latest market report published by Credence Research,
Inc. “Breast
Prosthesis Market - Growth, Future Prospects, Competitive
Analysis, 2018 - 2026,” the global breast prosthesis market projected
to expand at a CAGR of 9.3% from 2018 to 2026.
The complete report
is available at https://www.credenceresearch.com/report/breast-prosthesis-market
Get Sample with more
graphs and details for better understanding: https://www.credenceresearch.com/sample-request/59538
Market Insights
Growing prevalence of breast cancer is the major reason for
the growth of mastectomy procedures, thereby boosting the growth of breast
prosthesis market. According to World Cancer Research Fund, breast cancer is
the most common form of cancer in women and second common overall.
Approximately 2 million new cases of breast cancer has been diagnosed in 2018,
with European countries accounting for the majority share. Number of women
choosing post-mastectomy breast reconstruction and breast contouring is rising
steadily. However, it’s a costly procedure and many women refrain from another
surgery after mastectomy. Hence, external breast prosthesis is proving to be
safe and economical surgical option for the women undergoing mastectomy.
Availability of breast prosthesis in different material and shape further
increases the market demand. On the basis of shape, the market is segmented
into round, asymmetrical, swimming prosthesis, partial prosthesis, and others.
The demand for round and swimming prosthesis is projected to increase during
the forecast period. Manufacturers are offering light-weight prosthesis to cater
women with weight sensitivity. Materials like silicone and cotton foam are
effective in countries with warmer weather. Thus product innovation will drive
the market for breast prosthesis during the forecast period.
In terms of geography, North America held the largest share
in the global breast prosthesis market. Developed healthcare structure and high
awareness of the people regarding breast prosthesis is crucial factor driving
the market. U.S. emerged as the largest market in North America due to high
prevalence of breast cancer and better diagnosis and treatment of the same.
Growing number of cosmetic boutiques offering customized breast forms and
efficient reimbursement structure is also assisting the market growth. Europe
also held a significant share in the market driven by market growth in U.K.,
Germany, France, and Belgium. High prevalence of breast cancer in the region
and favorable government schemes render marker growth. Asia Pacific is expected
to grow at fastest growth rate owing to high target population. Moreover, low
cost of breast prosthesis compared to breast reconstruction has led to
growing=g demand of breast prosthesis. Local players providing breast
prosthesis is however affecting the market growth in the region. The key
players currently engaged in breast prosthesis market include Amoena
Medizin-Orthopädie-Technik GmbH, ContourMed, Nicola Jane, Trulife Breastcare
(Trulife Group), American Breast Care, Nearly Me and Anita Dr. Helbig GmbH.
Key Market Movements:
- Growing
prevalence of breast cancer globally and growing procedures of mastectomy
- Product
innovation in breast prosthesis products to garner higher demand
- Rising
people awareness regarding breast prosthesis and cosmetic procedures
- Cost-effective
pricing and effective reimbursement scenario fuel the market growth
- Strong
growth in emerging regions, especially in Asia Pacific will drive the
market
The complete report
is available at https://www.credenceresearch.com/report/breast-prosthesis-market
Get Sample with more
graphs and details for better understanding: https://www.credenceresearch.com/sample-request/59538
About Us
Credence Research is a worldwide market research and
counseling firm that serves driving organizations, governments, non-legislative
associations, and not-for-benefits. We offer our customers some assistance with
making enduring enhancements to their execution and understand their most
imperative objectives. Over almost a century, we've manufactured a firm extraordinarily
prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than
15 research consultants and almost 100 research and information professionals. Our
customers mirror our worldwide nature. Around 45% are in Europe, 30% in the
Americas, 13% in Asia Pacific and 12% in the Middle East and Africa. Our firm
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Also View on Reuters: https://www.reuters.com/brandfeatures/venture-capital/article?id=77704
Also View on Wrcbtv : http://www.wrcbtv.com/story/39830636/breast-prosthesis-market-opportunity-2018-2026-detailed-in-new-research-report
Blog PDF: http://www.newsnasdaq.com/download-pdf-breast-prosthesis-market-size-2018-2026-credence-research/
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