latest research study from Market Research Future with title “Facial Fat Transfer” by Top Regions, Type and Application. The Research report presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data. Forecast till 2023.
Global Facial Fat Transfer Market – Synopsis
Facial Fat Transfer/ Fat Grafting or Facial Fat Grafting refers to the corrective measures taken to treat serious facial deformities, natural (by birth) or occurred due to the accident, surgery or even due to the aging. Sounding so easy to perform, this treatment is far beyond than supplementing facial volume and filling in the creases like wrinkles and folds. Fat Transfer is not just a bioinert substance but a metabolically active and a live graft.
Hence, Facial Fat Transfer treatments are performed by the experts/ Cosmetic surgeons only. The procedure consists of harvesting small amounts of fat from other body parts like the thighs, abdomen, or hips and injecting into the areas of the face that have depleted volume. Thereby, erase wrinkles and reshape the face, enhancing the overall youthfulness of facial appearance.
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Over the last decade, there has been a significant rise in the number of Facial Fat Transfer treatments performed worldwide. The probable factors persuading this rise are the influence of media, fashion and film industry peer pressure for appearance and beauty, and changing dynamics of beauty etc. Nonetheless, this rise has created a full-fledged, exclusive market space for Facial Fat Transfer. Once considered as merely a part of the cosmetic surgery, Facial Fat Transfer treatments is a mainstream market now. That too a flourishing market, needless to say.
Acknowledging the value this market is garnering currently and the growth prospect the market is demonstrating worldwide, Market Research Future (MRFR), recently published a brilliant study report giving out the complete market prognosis up till 2022. According to MRFR, the Global Facial Fat Transfer market is expected to accrue USD ~4.20 Billion by 2022, registering a phenomenal CAGR during the forecasted period (2016 -2022). In 2015, the market had valued USD 1.50 billion. The numbers indicate that the market is going to grow in three fold.
Augmenting demand for facial fat transfer treatments and the introduction of advanced technology in the facial rejuvenation industry predominantly drives the global market growth. The growth of the medical tourism market and formation of tourism clusters such as Miami, Bangkok etc. has not only provided exposure to Facial Fat Transfer but have also created a high point demand for these treatments.
In addition, factors such as growing population along with the geriatric populace, and urbanization worldwide are fostering the market growth. Improving economic conditions that enable access to the quality life & to the improved healthcare worldwide are providing impetus to the market growth. Moreover, factors such as growing prevalence of obesity, accidents, along with the growing number of Facial Fat Transfer hospitals and the safety margin these facilities offer, in turn, fuel the market growth of Facial Fat Transfer.
Furthermore, technological advancements transpired into the field such as Stem cell technology and Platelet Rich Plasma (PRP) is fostering the market growth further. Moreover, technical advancements have made the collection of fat in liposuctions far easier. Also, some Financing agencies, Cosmetic surgeons, and other medical practitioners offer Facial Fat Transfer procedure with easy financing plans. All these aforementioned factors add on to the market growth of the global Facial Fat Transfer market.
Global Facial Fat Transfer Market is led by some of the prominent players such as ALLERGAN, Galderma S.A., Merz Pharma, Integra LifeSciences Corporation, Valeant, SciVision Biotech Inc., Sinclair Pharma and Sanofi. Profiling them in its analysis, MRFR finds out their strategies helping them to keep at the forefront of the market competition.
Global Facial Fat Transfer Market – Competitive Landscape
The global Facial Fat Transfer market is a fragmented market with a large number of players. Development strategies for the Treatment Types have been curtailed by the excellent efficiency and efficacy of the treatments. However, the rise of side effects/resistance have paved avenues for new treatment development and is an opportunity for a new market leader. The rise of spurious and counterfeit treatments have reduced the total market revenues and at the same time displaced standard treatments off the market. Key Players are focusing on innovative products & treatments with minimum adverse effects, as well as targeting emerging applications to leverage growth opportunities.
April 04, 2018 – Bucks County Plastic Surgery & Dermatology, Pennsylvania announced that they have started offering fat transfer surgeries to Bucks County residents.
Facial Fat Transfer Global Market – Segments
For an easy grasp and enhanced understanding, MRFR has segmented the report into three key
By Types : Comprising – Autologous Fat Transfer and Microlipo Injection, among others. By Treatment Types: Dermal fillers and Fat injections, among others.
By Regions: North America, Europe, APAC and Rest of the World.
Segment – Dermal fillers on the basis of Treatment Types accounts for the largest share of the global Facial Fat Transfer market.
Facial Fat Transfer Market – Regional Analysis
Geographically, North America accounts for the leading market for Facial Fat Transfer with the largest market share, followed by the markets of Europe & Asia Pacific, respectively. The market is growing due to the largest contribution from the significantly growing market of the US attributing to the high expenditure spent on the Facial Fat Transfer & health care. Continuing with the same growth trends, the North America market is likely to retain its dominance during the review period.
On the other hand, the growth of the world’s second-largest market for Facial Fat Transfer, Europe, is driven by the high per capita income and strong healthcare penetration in the region. The strong market growth in the countries like Germany & France drives the regional market growth in the large scale.
While Asia Pacific market for the Facial Fat Transfer is expected to perceive an exponential growth. The market growth will be led by China and India owing to the huge population and the burgeoning medical treatment market in the region. Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the regional market growth.
Table of Contents:
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5. GLOBAL FACIAL FAT TRANSFER MARKET, BY TYPE
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