Tissue Expanders Market Statistics, 2031
Tissue expanders and accessories are intended for temporary subcutaneous or submuscular implantation to develop surgical flaps or additional tissue coverage in a variety of surgical applications. Tissue expanders are used in various anatomical locations such as breast, head, neck, calf, and others. It is composed of inflatable silicone elastomer outer shell with an injection port. It is available in many different shapes, sizes, volume ranges, dimensions, and surface texture. Tissue expanders also have accessories such as port detectors, fluid dispensing systems, needle infusion sets, and external fill ports or syringe assists.
According to the report published by Allied Market Research, the global Tissue Expanders Market garnered $671.5 million in 2021, and is estimated to generate $1.18 billion by 2031, manifesting a CAGR of 5.8% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
Factors that drive the growth of the tissue expanders market include rise in number of product launches and product approvals for tissue expanders, increase in number of minimally invasive surgeries for improvement in aesthetic appearance. For instance, in 2020, according to American Society of Plastic Surgery, it was reported that around 137,808 breast reconstruction surgeries were performed in the U.S. Thus, rise in number of breast reconstruction surgeries drives the demand for tissue expanders. Thus, this factor is anticipated to drive the growth of tissue expanders market.
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Tissue Expanders Market Segmentation:
The research provides detailed segmentation of the global tissue expanders market based on lesion site, product shape, end user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on lesion site, the others segment held the highest share in 2021, accounting for nearly three-fourths of the global tissue expanders market and is expected to continue its leadership status during the forecast period. This segment is expected to register the highest CAGR of 6.0% from 2022 to 2031.
Based on product shape, the rectangular segment accounted for the highest share in 2021, contributing to more than two-thirds of the global tissue expanders market and is expected to maintain its lead in terms of revenue during the forecast period. Also, the same segment is expected to manifest the highest CAGR of 6.1% from 2022 to 2031.
Based on end user, the hospitals segment accounted for the highest share in 2021, contributing to nearly two-thirds of the global tissue expanders market, and is expected to maintain its lead in terms of revenue during the forecast period. This segment is expected to register the highest CAGR of 6.3% from 2022 to 2031.
Based on region, North America held the largest share in 2021, contributing to more than two-fifths of the global tissue expanders market, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 6.9% during the forecast period.
Tissue Expanders Market Key Players:
Leading market players of the global tissue expanders market analyzed in the research include PMT Corporation, Guangzhou Wanhe Plastic Materials Co. Ltd, GC Aesthetics PLC, Abbvie Inc, Health & Aesthetics GmbH, Silimed, Groupe Sebbin SAS, Johnson & Johnson, Establishment Labs, POLYTECH, Sientra, Inc.
The report provides a detailed analysis of these key players of the global tissue expanders market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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