The Global Breast Reconstruction Market Growth Accelerated By Improved Reimbursement Policies
Breast reconstruction involves surgical procedures done to rebuild a breast shape after a mastectomy or lumpectomy due to breast cancer. Breast reconstructive implants and tissues help restore the appearance of a woman's breast and have psychological benefits by improving her self-esteem. The global Breast Reconstruction Market is estimated to be valued at US$ 901.3 million in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased awareness initiatives by governments and NGOs regarding the availability of breast reconstruction procedures have helped boost their adoption rates significantly. For example, the U.S. Affordable Care Act requires insurance coverage of breast reconstruction procedures, either at the time of mastectomy or later. Such improved reimbursement policies have removed financial barriers for many women and encouraged them to opt f...