The rising demand for minimally-invasive procedures aiding the growth of the global dermal fillers market. Fortune Business Insights in a new report, titled “DERMAL FILLERS: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026” suggests that the global market will rise at a CAGR of 7.4% during the forecast period, 2022-2029. The growing awareness about dermal fillers treatment in developed as well as developing countries will help the market reach USD 8.74 billion by 2029. Furthermore, the global market was worth USD 5.31 billion in 2021. According to the American Society of Plastic Surgeons (ASPS), over 15.9 million people in the U.S. underwent minimally-invasive cosmetic surgical procedures in the year 2015. The increasing efficiency of dermal fillers is encouraging the next-generation people to invest in these surgeries.
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Dermal filler procedures help to treat different skin related concerns such as minimizing the appearance of wrinkles and lines. It also adds fullness to areas which have thinned with aging.
some of the key players in the global Dermal Fillers Market:
- BioPlus Co., Ltd.
- Galderma laboratories
- Bioxis pharmaceuticals
- Suneva Medical
- Korman
- Sinclair Pharma
- ALLERGAN
- Merz Pharma
- CANDELA CORPORATION
Demand for Dermal Fillers to Rise Among Millennials Propelling Growth in the Market
Growing aging population across the world positively impacts the growth of the market. Increasing number of aged people are undergoing dermal filler therapy to uplift drooping skin and restore lost volume. Continuous support from governments to R&D initiatives and recent regulatory approvals will spur growth in the market.
“The dermal fillers market is driven not only by the relative longevity of tissue fillers, but it is also predominantly driven by increasing safety profiles,” said a lead analyst at Fortune Business Insights. “Market players are constantly focusing on innovating and upgrading their product portfolio to ensure accurate and improved aesthetic outcomes for patients,” he added. Driven by continuous innovations and advancements, even millennials find dermal filler treatment appealing. This will further fuel demand for dermal fillers in the forecast period.
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Product Launches by Market Players to Accelerate the Market Growth
The report profiles some of the key players in the global dermal fillers market. These include BioPlus Co., Ltd., Galderma laboratories, Bioxis pharmaceuticals, Suneva Medical, DR. Korman, Sinclair Pharma, ALLERGAN, Merz Pharma, and CANDELA CORPORATION. Among these, ALLERGAN was leading the global market in 2018 encompassing a large number of specialized and technologically-advanced products. The company offers a JUVÉDERM collection of dermal fillers, which includes lip enhancement and wrinkles correction. Moreover, the company launched Juvéderm VOLUX to reduce fines lines on jawline and chin. Another company called Merz Pharma recently launched a dermal filler product called Belotero Revive to meet the unique skin requirements of aesthetic patients. Such product launches are expected to help companies broaden their product portfolio, which will stimulate growth in the market.
Table of Content from Dermal Fillers Market:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Overview of the Number of Dermal Fillers Procedures by Key Countries
- Overview of Price Analysis of Types of Dermal Fillers
- Overview of Regulatory Scenario by Key Countries
- Overview of Reimbursement Scenario by Key Countries
- New Product Launches
- Pipeline Analysis
- Global Dermal Fillers Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Ingredient
- Hyaluronic Acid
- Calcium Hydroxylapatite
- Poly-L-lactic Acid
- PMMA (Poly(methyl methacrylate))
- Fat Fillers
- Others
- Market Analysis, Insights and Forecast – By Product
- Biodegradable
- Non-Biodegradable
- Market Analysis, Insights and Forecast – By Application
- Scar Treatment
- Wrinkle Correction Treatment
- Lip Enhancement
- Restoration of Volume/ Fullness
- Others
- Market Analysis, Insights and Forecast – By End User
- Specialty & Dermatology Clinics
- Hospitals & Clinics
- Others
- Market Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- North America Dermal Fillers Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis – By Ingredient
- Hyaluronic Acid
- Calcium Hydroxylapatite
- Poly-L-lactic Acid
- PMMA (Poly(methyl methacrylate))
- Fat Fillers
- Others
- Market Analysis – By Product
- Biodegradable
- Non-Biodegradable
- Market Analysis – By Application
- Scar Treatment
- Wrinkle Correction Treatment
- Lip Enhancement
- Restoration of Volume/ Fullness
- Others
- Market Analysis – By End User
- Specialty & Dermatology Clinics
- Hospitals & Clinics
- Others
- Market Analysis – By Country
- S.
- Canada
TOC Continued…
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