Australia Breast Implants Market Size & Outlook, 2023-2030
Australia breast implants market, 2018-2030 (US$M)
Related Markets
Australia breast implants market highlights
- The Australia breast implants market generated a revenue of USD 64.5 million in 2023 and is expected to reach USD 110.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, silicone breasts implants was the largest revenue generating product in 2023.
- Silicone breasts implants is the most lucrative product segment registering the fastest growth during the forecast period.
Breast implants market data book summary
| Market revenue in 2023 | USD 64.5 million |
| Market revenue in 2030 | USD 110.1 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Silicone breasts implants |
| Fastest growing segment | Silicone breasts implants |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Silicone breasts implants, Saline breasts implants |
| Key market players worldwide | AbbVie Inc, GC Aesthetics, Sientra Inc, Johnson & Johnson, Establishment Labs Holdings Inc, HansBioMed, Groupe Sebbin, Polytech Health & Aesthetics, Laboratoires Arion |
Other key industry trends
- In terms of revenue, Australia accounted for 2.6% of the global breast implants market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India breast implants market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 223.6 million by 2030.
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Breast Implants Market Scope
Breast Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia breast implants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to breast implants market will help companies and investors design strategic landscapes.
Silicone breasts implants was the largest segment with a revenue share of 84.81% in 2023. Horizon Databook has segmented the Australia breast implants market based on silicone breasts implants, saline breasts implants covering the revenue growth of each sub-segment from 2018 to 2030.
Australia has a highly efficient healthcare system along with well-established healthcare facilities compared to other Asian countries, excluding Japan. Increase in awareness about breast implants is expected to boost the market. The Australian government along with Therapeutic Goods Administration is providing knowledge about breast implants.
The TGA has classified breast implants as high risk medical devices and has established strict product safety, quality, and performance evaluation standard before they are used in surgery. Thus, the market is expected to grow at a rate of 7.0% during the forecast period. However, Australian government does not mandate health practitioners to compensate patients for any injury they suffer as a consequence of breast implant. This may act as a restraint in Australian market and hinder market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia breast implants market , including forecasts for subscribers. This country databook contains high-level insights into Australia breast implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia breast implants market size, by product, 2018-2030 (US$M)
Australia Breast Implants Market Outlook Share, 2023 & 2030 (US$M)
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