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Breast Augmentation Holds the Highest Market Share of over 45% In Autologous Fat Grafting : Medtech Report Fact.MR

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The Sales of autologous fat grafting are projected to expand at a healthy CAGR of close to 10% from 2021 to 2031. By application, breast augmentation holds the highest market share of over 45%.

The 21st century has been an era of advancements in cosmetics, where a range of new and advanced procedures are being made available to the public. Among these, preference for non-invasive or minimally-invasive procedures has enthused the population due to their minimal downtime and lower costs. One particular procedure gaining worldwide popularity is autologous fat grafting. As per Fact MR, the demand for autologous fat grafting will rise in response to the focus on cosmetic surgeries.

Over the years, disruptive products such as autologous fat grafting have met such customer demands, as autologous fat grafting is a minimally invasive method. In 2018, the number of people going for augmentation and reconstruction procedures in the U.S. was 6.2 Mn, out of which, the adoption % of autologous fat grafting procedures was 2.2%. Autologous fat grafting is also preferred for the correction of contour deformities in reconstructed breasts. The increasing prevalence of scar contractures is also expected to drive demand for autologous fat grafting.

The Sales of autologous fat grafting were valued at around US$ 172 Mn in 2020 and are projected to expand at a healthy CAGR of close to 10% through 2031.

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“Increasing prevalence of scar contractures and growing acceptance of aesthetic cosmetic procedures are expected to drive demand for integrated fat transfer systems over the coming years,”  says a Fact.MR analyst.

Key Takeaways from Market Study

Integrated fat transfer systems accounted for over 50% of market share in 2020.
Breast augmentation is the most lucrative segment and holds a little less than half of the market share.
North America accounts for over half of the global autologous fat grafting market share, owing to technological advancements and increasing research & development activities in this region.
Hospitals account for over 48% value share, among end users.
The COVID19 pandemic has resulted in a temporary pause of all non-essential and elective procedures. Pharmaceutical manufacturers have been severely impacted, with companies reporting a significant drop in revenue due to supply chain issues.
The market in the U.S., U.K. and Germany to accelerate at around 10% CAGR each through 2031.
The market in China to surge ahead at a CAGR of around 12% over the next ten years.

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Strategies of Key Market Players

Key players in the autologous fat grafting industry are focused on introducing new, innovative products to boost their market share.

Alma Lasers (Sisram Medical), in 2019, launched BeautiFill for fat harvesting for autologous fat to restore volume to the face or body. It is the first laser-based procedure.
In 2017, MTF Biologics expanded its portfolio of plastic surgery products with LipoGrafter, which offers physicians a safer and effective method to harvest a patient’s fat and deposit it in areas where there is a need to add volume.
LifeCell Corporation introduced REVOLVE as an advanced adipose system used for the harvesting, aspiration, filtering, and transporting of high-quality autologous adipose tissue for aesthetic body contouring.

Key Segments of Market

Product

Integrated Fat Transfer Systems
Aspiration and Harvesting Systems
Liposuction Systems
Fat Processing Systems
De-epithelialization Devices
Accessories

Fat Injection Cannulas
Fat Harvesting Cannulas
LuerLok Infiltrator Cannulas
Cannula Connectors & Single Use Fat Transfer
Tubing Sets

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Application

Autologous Fat Grafting for Breast Augmentation
Autologous Fat Grafting for Buttock Augmentation
Facial Fat Grafting
Autologous Fat Grafting for Hand Rejuvenation
Others

End User

Autologous Fat Grafting at Hospitals
Autologous Fat Grafting at On-site Clinics
Autologous Fat Grafting at Plastic Surgery Centers

Region

North America
Latin America
Europe
South Asia
East Asia
Oceania
The Middle East and Africa

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The post Breast Augmentation Holds the Highest Market Share of over 45% In Autologous Fat Grafting : Medtech Report Fact.MR appeared first on TOP NEWS PRESS.

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