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Breast Reconstruction Market is Expected to Reach $647 million | MarketsandMarkets.

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Chicago, May 10, 2023 (GLOBE NEWSWIRE) — The breast reconstruction industry is expected to witness significant advancements and growth in the near future. With the increasing focus on breast cancer awareness and improved patient outcomes, breast reconstruction procedures are becoming more prevalent. Technological advancements, such as 3D printing, tissue engineering, and surgical robotics, are poised to revolutionize the field of breast reconstruction. These innovations offer personalized and more natural-looking reconstruction options for breast cancer survivors, providing them with improved aesthetics and psychological well-being. Furthermore, the development of novel biomaterials, implant technologies, and surgical techniques will enhance the safety and efficacy of breast reconstruction procedures. The integration of virtual reality, augmented reality, and artificial intelligence may also play a role in surgical planning and simulation, improving precision and patient outcomes. As breast reconstruction continues to evolve, the industry will strive to meet the increasing demand for innovative and patient-centric solutions, ultimately improving the quality of life for breast cancer survivors in the near future.

Breast Reconstruction market in terms of revenue was estimated to be worth $567 million in 2021 and is poised to reach $647 million by 2026, growing at a CAGR of 2.7% from 2021 to 2026 according to a latest report published by MarketsandMarkets™.

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Breast Reconstruction Market Scope:

Report Coverage Details
Market Revenue in 2021 $567 million
Estimated Value by 2026 $647 million
Growth Rate Poised to grow at a CAGR of 2.7%
Market Size Available for 2019–2026
Forecast Period 2021–2026
Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Product, Procedure, Type, End User and Region
Geographies Covered North America, Europe, APAC, MEA, and Latin America
Report Highlights Updated financial information / product portfolio of players
Key Market Opportunity Development of 3D-printed implants
Key Market Drivers Increasing awareness regarding breast reconstruction treatment

Breast implants accounted for the largest share of the breast reconstruction market, by product.

Based on the product, the breast reconstruction market is segmented into breast implants, tissue expanders, and acellular dermal matrix. The breast implants segment accounted for the largest market share.

By procedure, the immediate procedures segment accounted for the largest market share.

Based on the procedure, the breast reconstruction market is segmented into immediate, delayed, and revision procedures. The immediate procedures segment accounted for the largest market share. This is primarily attributed to the increasing number of surgeries post-mastectomy and rising awareness.

By type, the unilateral segment accounted for the largest market share.

Based on type, the breast reconstruction market is segmented into unilateral and bilateral. The unilateral segment accounted for the largest market share. The increasing incidence of breast cancer and rising awareness are major factors responsible for the dominant share of this segment.

North America was the largest regional segment of the breast reconstruction market.

By region, the breast reconstruction market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America accounted for the largest market share, followed by Europe. This is attributed to factors such as the rising incidences of breast cancer, increasing awareness of breast reconstruction, and technology advancement and quality improvement leads to FDA approvals for breast reconstruction products

Key Market Players:

The prominent players operating in the global breast reconstruction market are Mentor Worldwide LLC (Johnson & Johnson) (US), Allergan Aesthetics (an Abbvie company) (US), Ideal Implant Incorporated (US), Sebbin (France), GC Aesthetics (Ireland), POLYTECH Health & Aesthetics (Germany), Sientra (US), Integra Lifesciences (US), RTI Surgical Holdings (US), Establishment Labs S.A. (US), and Silimed (Brazil).

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Hypothetic Challenges of Breast Reconstruction Market in Near Future:

  • Access to healthcare: Limited access to healthcare services, especially for underserved populations or those in remote areas, can pose a challenge for breast reconstruction. Disparities in healthcare infrastructure, availability of specialized surgeons, and financial constraints may hinder the accessibility of breast reconstruction procedures for some individuals.
  • Cost and insurance coverage: Breast reconstruction procedures can be costly, and insurance coverage may vary. The affordability of these procedures and the extent of insurance coverage can be a challenge for individuals seeking breast reconstruction. High out-of-pocket expenses or limited coverage may restrict access to reconstruction options and impact decision-making for patients.
  • Psychological support and patient education: Breast reconstruction is not solely a physical procedure but also has significant psychological and emotional implications for patients. Providing adequate psychological support, counseling, and patient education about the available options, potential outcomes, and post-surgical expectations are crucial. Ensuring that patients are well-informed and have access to appropriate support services can be a challenge in the near future.
  • Post-surgical complications and long-term outcomes: Like any surgical procedure, breast reconstruction carries risks and potential complications. Ensuring optimal post-surgical care, managing complications, and monitoring long-term outcomes are challenges that healthcare providers and patients may face. Continuous monitoring, follow-up care, and addressing potential complications or concerns are vital for successful breast reconstruction outcomes.
  • Technological advancements and innovation: While technological advancements offer promising possibilities for breast reconstruction, their integration into clinical practice can present challenges. Adoption of new technologies, training of healthcare professionals, and ensuring their availability across healthcare facilities can be a hurdle. Balancing the benefits of innovation with safety, effectiveness, and cost considerations is an ongoing challenge in the field.

Top 3 Use Cases of Breast Reconstruction Market:

  • Breast Cancer Reconstruction: The primary use case of breast reconstruction is in the context of breast cancer treatment. After undergoing a mastectomy or lumpectomy to remove breast tissue, breast reconstruction procedures are performed to restore the shape, volume, and symmetry of the breasts. This helps improve the psychological well-being, body image, and self-esteem of breast cancer survivors, facilitating their emotional and physical recovery.
  • Congenital Breast Abnormalities: Breast reconstruction is also used to address congenital breast abnormalities, such as Poland syndrome or tuberous breast deformity. These conditions can cause asymmetry, underdevelopment, or other structural abnormalities in the breasts. Breast reconstruction procedures can help correct these congenital issues and restore a more natural appearance to the breasts, improving the overall quality of life and self-confidence of individuals affected by such conditions.
  • Prophylactic Mastectomy Reconstruction: In cases where individuals are at high risk of developing breast cancer due to genetic mutations (e.g., BRCA1 or BRCA2), they may opt for a prophylactic mastectomy to reduce their risk. Breast reconstruction procedures can be performed immediately following the mastectomy or at a later stage to reconstruct the breasts. Prophylactic mastectomy reconstruction provides individuals with a sense of control over their health and allows them to regain a sense of wholeness and normalcy.

Recent Developments:

  • In 2022, Mentor Worldwide LLC (Johnson & Johnson) received the US FDA approved a new MENTOR Memory Gel boost breast implant
  • In 2021, POLYTECH Health & Aesthetics received US FDA approval for the company’s textured breast implants (macrotextured and polyurethane-coated implants)
  • In 2020, Sientra received US FDA pre-market approval for its OPUS-branded breast implant products

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Related Reports:

Soft Tissue Repair Market

Medical Aesthetics Market

Breast Lesion Localization Market

Ambulatory Surgical Centers Market

Plastic Surgery Instruments Market


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Dongfa Group’s Gas Scenario + Digital Twin Technology, Leads the Industry with New AI Trend

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–Highlights of the 2024 Exhibition
SHANGHAI, May 23, 2024 /PRNewswire/ — From May 17 to 19, 2024, China(Shanghai) International Metrology Measurement Technology and Equipment Exhibition was held at the Shanghai World Expo Exhibition and Convention Center. Dongfa Group participated in the exhibition, showcasing its latest research achievements. At the expo, Chairman Liu Ming of Dongfa Group conducted the lighting ceremony and announced the official launch of the “Smart Gas Comprehensive Supervision Platform,” demonstrating the convenience and efficiency achieved through the smart management of municipal gas meters.

Dandong Dongfa (Group) Co., Ltd., established in 1962 and headquartered in Singapore, was formerly known as Dandong Thermal Instrument Co., Ltd. As an integrated group company engaged in research, production, and operations, Dongfa Group is dedicated to the development and application of instruments and meters. Its product range includes IC card gas meters, wired direct-reading remote diaphragm gas meters, wireless direct-reading remote diaphragm gas meters, NB-IoT IoT meters, and ultrasonic gas meters. These products incorporate the technical features of similar domestic and international products, offering high accuracy, reliability, and stability, making the company a leading smart gas meter manufacturer in China.
At the expo, Dongfa Group showcased its Smart Gas Comprehensive Supervision Platform, which integrates AI, IoT, cloud computing, and big data. This platform connects the topological structure of all aspects of gas operations and consolidates all relevant data involved in production management and operation maintenance. This integration enhances the comprehensive research and development and operational maintenance capabilities of the big data governance system.
At the same time, Dongfa Group is empowering comprehensive management and control with digital twins, AI, and big data. By leveraging digital twins, AI models, and 5G technology as data elements, the company is constructing a unified citywide network and a digital twin map of the gas pipeline network. This enables deep integration of AI monitoring, pressure and leakage detection, smart terminals, and other sensing devices with gas operations, ensuring the comprehensive safety and supply of urban gas.
Digital twin gas technology not only provides auxiliary support for pipeline design, but also plays a crucial role in intelligent emergency response and precise distribution. Especially in the operation of gas stations, it enables comprehensive real-time monitoring, intelligent integrated operation scheduling, proactive warning, emergency event command plans, and other effects, thereby improving the efficiency and safety of gas management.
However, there have been numerous incidents of data leakage involving smart AI devices in recent years. Sensitive data is being collected or even sold by malicious actors, leading to the disclosure of confidential information, resulting in significant economic losses and even legal risks.
To ensure the security of both enterprise and user data, Dongfa Group utilizes Digital Envelope technology to encrypt and decrypt data packets during data collection and distribution. This approach combines the advantages of both symmetric and asymmetric encryption technologies for secure information transmission, enabling fast, efficient, and secure encryption and decryption processing for the smart gas digital business sector. This ensures the security and integrity of data during transmission.
Visitors at the expo showed strong interest in the new products and technologies exhibited by Dongfa Group. Dongfa Group has always been committed to driving the development of the smart instrumentation industry through technological innovation. Through this exhibition, the company not only showcased its technical prowess but also strengthened communication and collaboration with industry peers. Looking ahead, they aim to join hands in opening a new chapter in the smart instrumentation industry.
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QNAP S3-compatible Storage Solution “QuObjects” Certified as Veeam® Ready – Object with Immutability

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TAIPEI, May 23, 2024 /PRNewswire/ — QNAP® Systems, Inc., a leading computing, networking, and storage solution innovator, today announced that its S3-compatible object storage solution “QuObjects” has qualified as Veeam® Ready – Object with Immutability, applicable for QNAP NAS with QTS and QuTS hero operating systems. This certification underscores the reliability of QuObjects as a secure object backup solution for enterprises, enhancing data management efficiency and upmost security.

QuObjects is the S3 object storage solution for QNAP NAS, boasting read/write speeds 20 times faster than conventional cloud services, along with a highly flexible and scalable architecture to ensure efficient transmission and flexibility in object storage. From object service development to demanding workloads like machine learning and data lakes, QuObjects assists enterprises in achieving diverse application needs with higher cost effectiveness.
QuObjects supports Object Lock to ensure data immutability, further safeguarding against ransomware threats, cyberattacks, or human error. Coupled with access controls and authentication features, it provides comprehensive protection for object data security.
Jimmy Tam, Product Manager of QNAP, stated “Data security is critical for enterprises. With QuObjects certified by Veeam Ready – Object with Immutability, we empower organizations leveraging Veeam solutions to confidently opt for QNAP NAS for on-prem S3 object storage and backup, enjoying rapid transmission, extensive scalability, and steadfast security.”
QNAP is the preferred partner for Veeam object backup solutions. Learn more at Veeam Ready Object Partner and QNAP QuObjects- S3 Object Storage.
For more information and to view the full QNAP NAS lineup, please visit www.qnap.com.
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Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change

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SHENZHEN, China, May 23, 2024 /PRNewswire/ — Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program, which is aimed at boosting promising new climate technologies. The winners, which emerged from a pool of 30 finalists and more than 300 initial applications, will receive a total of around RMB 100 million (US$14 million) in financial support from Tencent. It showcases the company’s commitment to driving sustainable social innovations in the fight against climate change.

CarbonX was launched in March 2023 to advance the next generation of low-carbon technologies. Tencent has committed RMB 200 million (US$28 million) in catalytic funding over the next three years to innovative ideas that might otherwise languish or fail to gain traction.
CarbonX’s first phase focused on carbon capture, utilization, and storage (CCUS), as well as technology-based carbon removal. These solutions were chosen for their unique ability to curb emissions from hard-to-abate industries such as steel and cement, mitigate the continued reliance on fossil fuels, and reduce legacy emissions created from decades of industrialization.
Backed by Tencent’s mission of Tech for Good and an alliance of like-minded industry partners, CarbonX aims to help these cutting-edge technologies make the leap from the research or early startup stage to commercial scale. The ultimate goal is supporting them in making a significant impact toward the targets outlined in the Paris Agreement, which includes a 45 percent reduction in emissions by 2030 and achieving net-zero emissions by 2050.
Dr. Hao Xu, Tencent’s Vice President of Sustainable Social Value and Head of Tencent’s Carbon Neutrality Lab, said: “Technology innovation serves as the driving force to accelerate our progress toward achieving carbon neutrality. CarbonX program is aimed at fostering the growth of these technologies, driving positive impact across society, and laying the groundwork for a more sustainable future.”
Professor Jerry Yan, Chair Professor of the Hong Kong Polytechnic University and Co-chairman of the CarbonX expert committee, said: “To pave the path for a greener economy, we must champion the development of cutting-edge low-carbon technologies. Just as solar and wind power were nurtured in their infancy, emerging solutions like CCUS and tech-based carbon removal demand our early support.”
The program assembled a panel of experts from academia, industries, and the investor community as the jury, and welcomed submissions from diverse participants across three distinct tracks:
CarbonX Lab: Designed to incubate research institutions, universities, or labs that bring in game-changing climate solutionsCarbonX Accelerator: Designed to accelerate the growth of climate-tech startups that exhibit commercialization potentialCarbonX Infrastructure: Designed to support capacity building to facilitate industry developmentThe finalists comprise four projects from the Lab track, six from the Accelerator track, and three from the Infrastructure track. These projects explore innovative solutions, such as using steel slag to capture and store carbon directly from furnace exhaust, converting CO2 into sustainable aviation fuel and valuable chemicals through electrochemical reactions or microorganisms, and employing new approaches to directly capture CO2 from the atmosphere with the hope of slashing the cost to less than US$150 per ton.
Meanwhile, Tencent is also collaborating with Tsinghua University to develop a comprehensive system of Measure, Reporting and Verification (MRV) tools to accurately gauge progress toward decarbonization.
Aside from receiving financial and advisory support, several projects will also have the opportunity to collaborate with industry partners and test their research beyond the laboratory setting.
Building upon the success of the first phase, Tencent is poised to launch the second iteration of CarbonX globally as early as later this year in pursuit of early-stage climate tech innovation.

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