The global dermal fillers market, valued at USD 5.74 billion in 2022, is projected to reach USD 9.13 billion by 2028. With an impressive compound annual growth rate (CAGR) of 8.03%, this rapidly expanding market is driven by several factors, including increased awareness of facial aesthetics, an aging population, and rising healthcare expenditure.
Dermal fillers are aesthetic procedures intended to hide signs of facial ageing, wrinkles, and other flaws. Dermal filler operations have grown in popularity thanks to social media and the promotion of positive results by tastemakers, celebrities, and beauty influencers. Dermal fillers are injectable treatments used to enhance facial contours, add volume, and smooth lines. They fill in wrinkles, lines, and other signs of aging by injecting substances such as hyaluronic acid or other synthetic fillers directly into the skin. The results are immediate, and the effects can last up to a year. Dermal fillers also improve skin tone and texture, providing volume to areas like cheeks and lips. As awareness of these treatments grows, so does the demand for them, driving the growth of the dermal fillers market.
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Key Trends and Drivers in the Dermal Fillers Market Include:
- Advancements in Aesthetics & Product Launches: The market has witnessed the launch of advanced products and innovative non-invasive procedures, with manufacturers focusing on providing various filler options to suit clients’ needs.
- Increasing Demand for Male Aesthetics: Men increasingly seek treatments to address aesthetic concerns, contributing to the dermal fillers market.
- Better Access to Cosmetic Procedures & Medical Tourism: Patients can access treatments unavailable in their home country at a lower cost.
- Increasing Demand for Non-invasive Aesthetic Procedures: Dermal fillers offer a non-invasive option with minimal risks and side effects.
- Aging Demographics & Focus on Improving Appearance: The growing elderly population and increasing focus on personal grooming is driving the demand for dermal fillers.
- Increasing Awareness & Expenditure on Aesthetic/Cosmetic Procedures: Rising awareness and per capita expenditure on cosmetics have significantly contributed to the dermal fillers market growth.
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The global dermal fillers market is experiencing rapid growth due to increased awareness, technological advancements, and a variety of driving factors. As the market continues to expand, manufacturers and service providers will need to adapt and innovate to remain ahead of the competition and meet the rising needs of their customers.
Non-invasive aesthetic procedures, like dermal fillers, are very popular as they offer a safe and effective way to improve the appearance without major surgical intervention. They are less expensive, time-consuming, and have shorter recovery times compared to surgical cosmetic procedures.
Hyaluronic acid (HA) dominates the market as the most commonly used dermal filler, followed by non-hyaluronic acid dermal fillers. Lips & cheeks enhancement is the most popular application, and the female segment accounts for the largest share in the market.
Geographically, North America dominates the global dermal fillers market, followed by Europe and the Asia-Pacific region. The APAC region is expected to witness the fastest growth rate during the forecast period.
Social Media Channels, a Prominent Growth Enabler for Derma Filler market
The media’s emphasis on physical attractiveness is more pervasive than ever in today’s culture, especially among younger people and via newer media channels like social networking sites. The way one looks can have a big impact on whether other users view and remark on their profile. The number of young individuals getting cosmetic operations is rising in tandem with the trend of increased social media use.
Social media has always had a positive impact on the global dermal fillers market, promoting awareness of various options available to customers. The International Society of Aesthetic Plastic Surgery (ISAPS) conducted a global survey in 2021, revealing that 17.6 million non-surgical procedures were performed, including 5.2 million hyaluronic acid dermal filler procedures. The number of these procedures has increased by 19.9% compared to 2020 and by 54.4% since 2017.
The number of dermal filler procedures is expected to increase in the coming years due to the aging population surge and the expenditure on aesthetic treatments. Factors such as rapidly changing lifestyles and the surge in demand for dermal filler procedures will propel the demand for dermal fillers in the coming years. In 2020, the female population accounted for 2.9 million dermal filler procedures, while the number of dermal filler procedures among the male population was recorded at 118,614.
According to Arizton, the focus on appearance is expected to drive the global dermal fillers market for males.
Nowadays, more men are concerned with their appearance and seek aesthetic treatments. Men are seeking aesthetic treatments in order to compete with younger men for jobs. This is especially true for those in the marketing, sales, banking, and finance industries, where they meet new people on a regular basis and where first impressions count. Looking young can help you look like a ‘alpha male’ at work.
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Women have dominated the aesthetic industry, with advertising efforts aimed squarely at them. However, statistics show that men understand that looking good entails more than just a great haircut and a nice pair of clothes. Men have been stepping up and embracing aesthetic treatments in recent years to boost their confidence. As the demand for male aesthetics rises, the global dermal fillers market is expected to expand at a healthy clip.
Aesthetic treatments for men are becoming more popular for a variety of reasons, including increased awareness, acceptability, and accessibility. Other factors influencing this shift include social media, competitive job markets, and the growing number of male celebrities who undergo multiple aesthetic enhancements.
The rise of direct-to-consumer dermatology is another significant impact of social media on the dermal filler market. This has paved the way for more innovative and customised brands to engage with their target audiences directly via social media.
Furthermore, discussions about dermal fillers have increased on platforms such as Instagram, Snapchat, and TikTok. These influencers are now sharing their experiences with their followers, adding credibility and reassurance to those thinking about getting dermal filler treatments.
Influencers frequently showcase their work or discuss treatments they have had, allowing beginners and professionals alike to compare notes and determine which treatment options might be right for them.
The rise of social media has benefited the dermal filler market significantly. Potential patients can now see real results, hear stories and testimonials from those who have had treatments, and connect with experts from direct-to-consumer dermatology brands thanks to social media. These factors have significantly contributed to the growth of the dermal filler market, allowing people to be more informed about the treatments available.
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The report considers the present scenario of the global dermal fillers market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the industry.
Key Company Profiles
- AbbVie
- Galderma
- Merz Pharma
- Sinclair
- TEOXANE
- BioPlus
- Biotech
- Cytophil
- Dr. Korman
- FILLMED
- HUGEL
- Medytox
- Prollenium Medical Technologies
- Shanghai Bioha Technology
- Suneva Medical
The Latest Report Provides Market Size by
Material: Hyaluronic Acid & Non-hyaluronic Acid
Application: Lips & Cheeks Enhancement, Wrinkle & Scar Treatment & Restoration of Volume
Gender: Female & Male
End-user: Hospitals, Specialty & Dermatology Clinics & Medical Spa & Beauty Centers
Geography: North America (US, Canada), Europe (Germany, Italy, Spain, UK, France), APAC( China, Japan, South Korea, India, Australia), Latin America( Brazil, Argentina, Mexico), Middle East & Africa (Turkey, Saudi Arabia, South Africa)
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