SEATTLE, June 03, 2021, (MEDGADGET) — Impact of COVID-19 Pandemic
COVID-19 has spread to over 100 countries since its outbreak in December 2019, causing the World Health Organization to declare it a public health emergency. According to a report by the World Health Organisation, the coronavirus (COVID-19) has infected over 33.1 million people worldwide as of September 28, 2020.
In addition, as a result of the COVID-19 pandemic, the cosmetic surgery regulatory authorities introduced a revised set of guidelines for conducting cosmetic procedures. According to the American Society of Plastic Surgeons, health professionals can specifically avoid in-office visits and instead use virtual consultations starting, follow social distancing guidelines in hospitals, require use of personal protective equipment for health practitioners when checking patients, enforce sanitization of floors, desks, and doors in hospitals, and conduct routine COVID-19 testing of staff as well as regular temperature checks, to prevent the spread of coronavirus infection during the COVID-19 pandemic, hospitals should eliminate patient waiting areas wherever possible.
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Collagen fillers are dermal fillers that are used in skin surgery to smooth out wrinkles, enhance scar appearance, and remove lumps in the lips. Fat injectable fillers/soft tissue augmentation are other terms for collagen fillers. Collagen fillers are used in plastic cosmetic surgery to fill in the areas that are being treated by injecting collagen into the skin. Dermal fillers, such as collagen fillers, have a temporary cosmetic effect since they contain ingredients like collagen, which the body absorbs over time.
In 2020, the global collagen filler market is projected to be worth US$ 393.8 million, growing at a CAGR of 7.4% over the forecast period of 2020-2027.
Rising demand for cosmetic procedures such as lip diagnosis and correction of smile is expected to boost growth of the global collagen filler market over the forecast period. According to the 2018 study from the International Society of Aesthetic Plastic Surgery, around 23,266,374 cosmetic procedures were performed in 2018, including smile line corrections, lip treatments, scar care, and face lift procedures. Furthermore, according to the same article, cosmetic procedures have increased by 15% globally in the last four years.
The guidelines and initiatives implemented by several regulatory bodies, are expected to propel growth of the global collagen filler market during the forecast period. According to the Australian Health Practitioner Regulation Agency’s recommendations released in February 2020 for individuals undergoing cosmetic surgeries,
Cosmetic operations can only be performed by a licenced health practitioner in Australia;
Individuals should be aware of the therapies and should inquire about the procedures before they are performed;
Individuals should be aware of the medical equipment or materials used in cosmetic procedures;
Health professionals should seek informed consent before performing cosmetic procedures.
- According to type of product: Collagen without PMMA and Collagen with PMMA.
- According to Source: Porcine and Bovine.
- According to Application: Scar Treatment, Face Rejuvenation, Wrinkle, Cellulite Reduction, Lip Treatment, Others.
- According to End User: Dermatology Clinics, Hospitals, Others.
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Key companies in North America are concentrating on strategic alliances and partnerships to broaden the use of dermal fillers for cosmetic procedures, which is expected to fuel growth of collagen filler market in this region. Sinclair Pharma, a medical aesthetics firm, partnered with Suneva Medical Inc., a company focusing on developing, producing, and commercialising novel, differentiated regenerative drugs in the United States, in May 2020. Sunneva Medical Inc.’s aesthetic portfolio will be expanded as a result of the partnership, and the company’s market position will be strengthened.
The collagen filler market in Europe is expected to expand significantly over the forecast period, owing to companies’ increased emphasis on securing product approvals in order to improve their role in the global collagen filler market. The Brazilian National Sanitary Surveillance Agency, ANVISA, granted Sinclair Pharma, a medical aesthetic company, sales approval for the collagen filler Ellanse in January 2018.
Key companies involved in the global collagen filler market include Ortho Dermatologics, Inc., Merz Pharma GmbH & Co. KGaA, Collplant Holdings Ltd, Inc., Inamed GmbH, Allergan, Inc., Surgical Specialties Corporation, Endo International plc., Sinclair Pharma, Johnson & Johnson, and Suneva Medical.
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- Global Collagen Filler Market, By Product Type:
- Collagen with PMMA
- Collagen without PMMA
- Global Collagen Filler Market, By Source:
- Global Collagen Filler Market, By Application:
- Face Rejuvenation
- Scar Treatment
- Lip Treatment
- Cellulite Reduction
- Global Collagen Filler Market, By End User:
- Dermatology Clinics
- Global Collagen Filler Market, By Region:
- North America
- Latin America
- Asia Pacific
- Middle East
- Company Profiles
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