Market Analysis: Global Tissue Expander Market
Tissue expander market is expected to rise to an estimated value of USD 1669.78 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the variety of initiatives undertaken by the government and different authorities to spread awareness regarding the benefits and availability of the product.
Market Definition: Global Tissue Expander Market
Tissue expanders are medical implants that find their application in aesthetic and trauma-based reconstructive procedures. They act like a balloon that is expanded upon implantation to stretch the skin/tissue covering the implant. These implants are utilized in tissue expansion procedures relating to breast reconstruction, maxillofacial applications and scalp reconstruction.
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Market Drivers
• Growth in the volume of aesthetic reconstruction procedures taking place globally is expected to drive the growth of the market
• Growing cases of breast cancer and their prevalence in the market also drives the market growth
• Increasing volume of trauma cases and road accidents resulting in greater number of reconstruction procedures is also driving the market growth
• Increasing preference of individuals to undergo reconstructive surgeries in place of skin implants and skin grafting procedures is also expected to enhance the growth this market
Market Restraints
• Long duration required for the procedures of tissue expansion is expected to hinder the market growth
• Concerns regarding the negative effects of the procedure is expected to restrict the market growth
• Lack of product availability in various developing regions of the world act as market restraint
Segmentation: Global Tissue Expander Market
By Application
• Breast Reconstruction
• Forehead Skin & Scalp Reconstruction
• Face & Neck Reconstruction
• Others
By Shape
• Anatomical
• Round
• Rectangular
• Crescent
• Others
By End-Users
• Hospitals
• Cosmetology Clinics
• Ambulatory Surgical Centers
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o Australia
o Singapore
o Malaysia
o Thailand
o Indonesia
o Philippines
o Rest of Asia-Pacific
• South America
o Brazil
o Rest of South America
• Middle East and Africa
o South Africa
o Rest of Middle East and Africa
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Key Developments in the Market:
• In September 2018, Mentor Worldwide LLC announced the launch of a new tissue expander to their line of tissue expanders available for the U.S. market. The product will be included in the “CPX4 Breast Tissue Expander” and will be displayed at the “2018 American Society of Plastic Surgeons (ASPS)” meeting held in Chicago, United States from September 28, 2018. This product expansion comes after the company had received US FDA 510(k) clearance for the product which will help in providing a smooth surface in clinical and aesthetic applications
• In November 2016, Sientra, Inc. announced that they had acquired all of tissue expander portfolio from Specialty Surgical Products, Inc. which will help in the expansion of existing tissue expanders available with the company. The workforce of Specialty Surgical Products, Inc. will focus on the sale of tissue expanders while the workforce of Sientra, Inc. will focus on the entirety of portfolio available to the company
Competitive Analysis:
Global Tissue expander market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tissue expander market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Market Competitors:
Few of the major competitors currently working in the global tissue expander market are ALLERGAN; Mentor Worldwide LLC; PMT Corporation; Sientra, Inc.; GC Aesthetics; KOKEN CO.,LTD.; GROUPE SEBBIN SAS; LABORATOIRES ARION; Wanhe; POLYTECH Health & Aesthetics GmbH; Eurosurgical Ltd. and Oxtex Limited among others.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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