Dermal Fillers Market 2022
Market Research Future (MRFR) expects the dermal fillers market to thrive at a decent rate of 13.2% between assessment period.
Major Drivers and Challenges
Escalating need to remain young and fit among a growing population worldwide has bolstered the demand for dermal fillers, with the trend gaining significant traction in emerging countries. Exponential preference for aesthetic medicines across developed as well as developing nations should enhance the market share in the coming years. Rapid innovations in the fields of dermatology and cosmetology have piqued the interest of the urban population, with the focus on beauty and skin aesthetics rising at a steady rate.
The mounting preference for non-invasive and minimally invasive aesthetic procedures, and the soaring awareness among the public about the latest cosmetic procedures are expected to benefit the dermal fillers industry. The soaring number of options of technically innovative and user-friendly devices used during procedures and the rising popularity among the men population would also favor the global industry in the following years.
Expanding baby boomer populace should prove to be a lucrative opportunity, as ageing gives way to a number of physiological skin changes such as sagging and wrinkling. An increasing number of women are opting for anti-aging treatment, including dermal fillers to effectively curb these aging signs. The UN confirms that more than 2.5 billion individuals will be more than 65 years of age by 2050. This should generate a huge demand for facial injectable fillers over the coming years.
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Key Players
Medytox (South Korea), Sinclair Pharma (UK), Merz Pharma (Germany), Dr. Korman Laboratories (Israel), SciVision Biotech Inc. (Taiwan), Galderma Laboratories, LP (Switzerland), Suneva Medical (US), Teoxane Laboratories (Switzerland), Allergan (Ireland), are the key manufacturers of dermal fillers in the global market.
Segmental Analysis
The types of dermal fillers available in the global industry include Polymers & particles, hyaluronic acid, Collagen, and Calcium hydroxylapatite. The lead has been achieved by the hyaluronic acid segment, which attained the highest valuation of USD 1,154.96 million in 2018. The segment is also touted to capture the fastest growth rate between 2020 and 2027, thanks to the surging innovations as well as new launches backed by major brands across the world.
The top brands in the global market are Radiesse, Restylane, and Juvederm.
Major applications of dermal fillers are Face-Lift, Lip Treatments, and Facial Line Correction Treatment. The facial line correction treatment and lip treatment segments head the market, as the preference for aesthetic beauty continues to rise. Rising grooming standards among women also adds to the segmental growth.
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Regional Analysis
Companies in the dermal fillers market are spread across the world. The dermal fillers market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American dermal fillers market has many companies across the United States, Canada, and Mexico. Europe has companies in the dermal fillers market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the dermal fillers market across India, China, and Japan in the Asia-Pacific region is also presented in the report. The dermal fillers market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the dermal fillers market can be found in the market research report.
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