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Asia Pacific Breast Reconstruction Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology, Type ; Placement, Procedure

Asia Pacific Breast Reconstruction Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology, Type ; Placement, Procedure

  • July 2021
  • 131 pages
  • ID: 6134566
  • Format: PDF
  • The Insight Partners

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The breast reconstruction market in Asia Pacific is expected to grow from US$ 117.7 million in 2021 to US$ 184.9 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028. Patients undergoing unilateral or bilateral mastectomy procedures usually opt for breast reconstruction for regaining the original shape of the breasts and improving their aesthetic appeal, among other factors. Thus, it is important for the market players to come up with innovative products that would marginally boost the adoption of this procedure. Tissue expander is one such innovation that eases the task of surgeons and improves the effectiveness of the reconstruction procedures. Moreover, in September 2020, POLYTECH Health & Aesthetics GmbH announced the launch of its expanded B-Lite portfolio, which is consists of the world’s first and only lightweight breast implants. Thus, the capitalization in innovative technologies to come up with breakthrough products is emerging as a key opportunity for the breast reconstruction market players to secure high revenues and marginal profits in the coming years.
The Asia Pacific breast reconstruction market is segmented on the bases of technology, type, placement, and procedure.Based on technology, the market is segmented into inframammary, peri-areolar, trans-axillary, and transumbilical.

In 2020, the inframammary segment accounted for the largest market share.The market growth for this segment is attributed to the rising emphasis on aesthetic appearance and rising number of product launches.

However, the peri-areolar segment is estimated to register the highest CAGR during the forecast period.
Countries in Asia Pacific are witnessing huge challenge due to COVID-19 outbreak.The outbreak adversely affected healthcare industries, considering the economic conditions in current situation.

Due to growing COVID-19 confirmed cases, many seminars and international conferences have been postponed.For instance, 9th Asia Pacific Breast Cancer Summit has been postponed after 13th to 15th March due to the outbreak.

Restrictive measures have been taken to control the spread of the novel coronavirus that causes COVID-19.Due to these imposed measures, cancer patients are not being treated on priority.

For instance, according to Japanese report of 2020, “more than half of breast surgeries and breast reconstructions had to be postponed during the COVID-19 pandemic, and the number of candidates for surgery was also lower than the pre-pandemic periods. Triage of patients with breast cancer did not result in any adverse oncological outcomes for these patients. COVID-19 has had a major impact on breast cancer surgery and breast reconstruction, and there was substantial postponement of surgery. Apart from overall healthcare system, cancer care delivery system is facing challenges amid the outbreak.
The overall Asia Pacific breast reconstruction market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the Asia Pacific breast reconstruction market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Asia Pacific breast reconstruction market.Allergan Plc, Mentor Worldwide LLC (Subsidiary of Johnson & Johnson), GC Aesthetics PLC, POLYTECH Health & Aesthetics GmbH, HANSBIOMED CO.

LTD, Establishment Labs S.A., Guangzhou Wanhe Plastic Materials Co., Ltd., and Groupe Sebbin SAS are among players operating in the market.

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