The global Buttock Augmentation market size is expected to be worth around US$ 7.6 billion by 2030, according to a new report by Vision Research Reports.
The global Buttock Augmentation market size was valued at US$ 2.5 billion in 2020 and is anticipated to grow at a CAGR of 22.05% during forecast period 2021 to 2030.
Growth Factors
Buttock augmentation also called gluteal augmentation is a technique used to contour, size, and enhance the appearance. A buttock lift is reported to improve the tone of the underlying tissue and is mainly done by using implants, fat grafting, or sometimes a combination of the two.
Factors like rising technological advancement in aesthetics, rising disposable income, increasing aesthetic consciousness and the high success rate of augmentation procedures are propelling the market growth.
Growing social media influence, high consciousness towards aesthetic appearance, and its association with self-confidence and self-image by an individual are some of the reasons for market growth. In the light of COVID-19, the market was hampered as patient appointments for surgical treatments were temporarily suspended. However, since the government in many countries has allowed resuming elective surgical procedures, clinics have also started buttock lift and grafting procedures again. Moreover, according to the BBC network, inquiries and appointments for many surgical and non-surgical cosmetic treatments have seen a surge following the pandemic and are thus expected to propel market growth.
Report Highlights
The buttock implants segment dominated the market for buttock augmentation and accounted for the largest revenue share of more than 40.0% in 2020. Based on product, the industry is segmented into silicone gel implants and fat grafting. Buttock implants are a procedure wherein artificial enhancement material mostly silicone implants is surgically placed in the buttock in order to contour or enhance its shape.
The most common buttock implant surgery include butt lifts, implants, and augmentation with fat grafting. According to the American Society of Aesthetic Plastic Surgery, augmentation surgery has increased by 252% in the last decade. The buttock injections segment is also subdivided into hydrogel butt injections, PMMA butt injections, PLLA, and silicone butt injections. As of now, the FDA has not approved any injections for augmentation procedures as there are limited research and studies proving its effectiveness.
The hospital segment dominated the market for buttock augmentation and accounted for the largest revenue share of 38.0% in 2020. According to the American Society of Plastic Surgeons, almost 18 million people underwent minimally invasive aesthetic procedures in the U.S. in 2018 and has been on the rise ever since. As the hospital facilities in many developed and developing countries are robust they are well equipped with high-end devices with the latest innovative technology.
Aesthetic clinics are gaining popularity due to their increased quality of services, personalized attention provided to the clients and comparatively low cost of treatment than other settings. Aesthetic clinics also provide comprehensive treatment to cosmetic problems relate to skin, hair, body, and face but also cater to mainstream spa and beauty treatment like waxing and manicures, dentistry, removal of skin tags, warts, freckles, birthmarks, etc. this is the major factor propelling the market growth.
North America dominated the buttock augmentation market and accounted for the largest revenue share of 43.0% in 2020, owing to the technological advancement and increase in the number of individuals opting for procedures involved in the market. The region has aesthetic high awareness regarding and the people opting for cosmetic procedures have also seen a surge. In Asia Pacific, the market for buttock augmentation is expected to witness the highest growth rate in the forecast period. This is mainly due to the increasing urbanization in the region. With huge populations in this region, many individuals are inclined towards aesthetical improvement.
Key Players
Sientra, Inc
POLYTECH Health & Aesthetics,
Allergan
Sebbin
Merz North America, Inc
Silimed
Spectrum Designs Medical
Implantech
Market Segmentation
Product Outlook
Buttock Implants
Silicone Gel implants
Fat grafting
Buttock Injections
Hydrogel Butt Injections
PMMA Butt Injections
Poly-L-lactic acid
Silicone Butt Injections
Others
End-use Outlook
Hospitals
Aesthetic Clinics
Others
Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
The Buttock Augmentation market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Buttock Augmentation market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Buttock Augmentation market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Buttock Augmentation market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Buttock Augmentation market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Buttock Augmentation capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Buttock Augmentation by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Buttock Augmentation market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Buttock Augmentation market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Buttock Augmentation market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Buttock Augmentation industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Buttock Augmentation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Buttock Augmentation market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Buttock Augmentation market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Buttock Augmentation market. These factors have benefited the growth of the global market for Buttock Augmentation. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Buttock Augmentation. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Buttock Augmentation are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are: