New York, May 18, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “North America Breast Reconstruction Market Size, Share & Trends Analysis Report By Product, By Shape, By End-use By Region And Segment Forecasts” report, 2022 – 2030″ – https://www.reportlinker.com/p06278034/?utm_source=GNW
North America Breast Reconstruction Market Growth and Trends
The North America breast reconstruction market size is expected to reach USD 366.27 million by 2030, registering a CAGR of 6.69% during the forecast period. This can be attributed to the increase in the number of breast cancer patients in this region. For example, according to the Canadian Cancer Society 2019, one in eight women is expected to be diagnosed with breast cancer. Moreover, according to a similar source, breast cancer is the second most common cancer in Canada. Thus, the growing number of breast cancer patients in Canada is expected to drive the North American breast reconstruction market.
Moreover, the number of breast reconstruction surgeries is also increasing in this region. For example, according to the Archives of Plastic Surgery, post-mastectomy breast reconstruction surgery increased from 19.4% in 2015 to 53.4% in 2018. Similarly, according to the Canadian Cancer Society, one in five women in Canada is undergoing breast reconstruction. post-mastectomy. Thus, an increase in the number of breast reconstruction surgeries is expected to drive the breast reconstruction market in North America.
In addition, the launch of various awareness campaigns leads to an awareness of women. For example, the Breast Reconstruction Awareness Campaign educates, engages and empowers women to make the right decision about breast reconstruction, after a diagnosis of breast cancer.
North America Breast Reconstruction Market has witnessed decline due to COVID-19. However, post-pandemic, the market is expected to witness a significant growth rate.
Elective surgeries such as breast augmentation, which were postponed during COVID-19, are expected to take place in the post-COVID-19 period. Moreover, to capture the market, many companies engage in various strategies such as geographic expansion, product launches, and partnerships.
For example, in April 2021, Sientra, Inc. and the Butterfly Network announced a strategic partnership to improve diagnostic monitoring for patients with breast implants. This was to help the company boost its security profile, which was backed by the Platinum20 warranty program. Hence, such cases are expected to drive the breast reconstruction market in North America in the post-COVID-19 era.
North America Breast Reconstruction Market Report Highlights
• In terms of product, the implant segment held the largest market share of 63.40% in 2021 in the breast reconstruction market in North America. However, the tissue expander segment is expected to grow with the fastest growth rate of 6.85% CAGR, during the forecast period. This can be attributed to the advancement of the products in the tissue expander segment
• Based on shape, the round shape segment held the largest share of 55.30% in 2021 in the North America breast reconstruction market. However, anatomical shape is expected to witness the fastest growth rate of CAGR of 6.81% over the forecast period.
• Based on end-use, hospital segment is expected to dominate the market with a share of 55.28% in 2021. However, cosmetology clinic segment is expected to witness the highest growth rate of 6.91% CAGR over the forecast period. This can be attributed to the growing number of cosmetologists in the North America region.
• By region, the United States dominated the breast reconstruction market in North America. This can be attributed to the increase in the number of breast cancer and breast reconstruction procedures in this country.
Read the full report: https://www.reportlinker.com/p06278034/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.