7 September 2018, San Francisco: According to the findings of a research report published by Grand View Research, Inc.; the tissue expanders market is projected to reach a valuation of USD 1.5 billion by 2025. The market is anticipated to expand at a healthy growth rate of 5.5 % during the forecast period (from 2018 to 2025). Growing incidences of trauma cases and severe road accidents are considered as major driving factors for the tissue expanders. Severe scars or deformities caused due to accidents require surgical treatment or cosmetic surgeries in most of the cases. This is projected to propel the market demand in the coming years.
Moreover, growing cases of breast cancer has also increased the demand for mastectomy and lumpectomy procedures, which, in turn, will boost the market growth in the next few years. The global tissue expanders market is segmented into application, shape, end-use, and region. On the basis of application, the market is bifurcated into breast reconstruction, forehead skin and scalp reconstruction, face and neck reconstruction, and others. In 2016, forehead skin and scalp reconstruction segment estimated notable revenue. This is due to increasing demand for these procedures as a result of growing number of trauma and burn cases.
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On the basis of shape, the market is classified into anatomical, round, rectangular, crescent, and others. In 2016, anatomical-shaped tissue expanders accounted the largest market share. This growth is attributed to the rising demand for these expanders as they offer more natural-looking appearance. On the basis of end-use, the market is split into hospitals, cosmetology clinics, and ambulatory surgical centers. On the basis of geographies, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA).
In 2016, North America tissue expanders market acquired the largest industry share due to well-established healthcare infrastructure and increasing healthcare expenditure. In 2014, as per the American Society of Plastic Surgeons, US had the highest number of breast reconstructive surgeries. Canada has a considerable contribution toward the region’s growth owing to high prevalence of breast cancer. After skin cancer, breast cancer is considered as the most common type of cancer among women in America, according to the Breast Cancer Research Foundation (BCRF). The BCRF also estimated that around 231,840 new cases of invasive breast cancer were detected.
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In 2016, Europe contributed a noteworthy share on account of the rise in cases of road accidents in Germany. The region is estimated to expand further during the forecast years on account of the increasing number of cosmetics surgeries in UK. The Asia Pacific regional market for tissue expanders is likely to witness the fastest growth during the forecast period. This growth is credited to the rising number of road accidents and trauma cases in India. Additionally, with around 10,000 plastic surgery clinics, China is one of the major cosmetic industries in the world. This is also expected to boost the market growth in the Asia Pacific region.
Some of the prominent companies operating in the global tissue expanders market include Sientra, Inc.; Mentor Worldwide LLC; KOKEN CO.; Guangzhou Wanhe Plastic Materials Co. Ltd; and Guangzhou Wanhe Plastic Materials Co. Ltd. Most of these market participants focus on the development of new products and strategic alliance to expand their regional expansion.
For instance, a leading medical aesthetics company called Sientra, Inc. recently announced the launch of a charitable program, Full Circle, for supporting the research activities on breast cancer detection, prevention, and treatment. The program will also help raise awareness among the breast cancer and breast reconstruction group. As part of this program, the company donated a share of each tissue expander sale to various breast cancer awareness and support activities. The company has also developed expanders such as AlloX2 and Dermaspan. The AlloX2 features drain technology, which enables plastic surgeons to non-surgically address the accumulation of serous fluid that can result in common postoperative complications like seroma.
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