Overview
The global dermal filler market is predicted to touch a value of USD 6,899.16 Million
by 2025, according to MRFR. It can achieve this benchmark by exhibiting
a 13.2% CAGR from 2019 to 2025 (forecast period). Changing norms
regarding face and external appearances have propelled the demand for
dermal fillers. This is evident with the demand rising sharply in
Brazil, Japan, China, and India. Development of new filler techniques,
new injections, and new materials is likely to bode well for the global
market growth. It is supported by inclination of customers for
non-invasive surgical procedures.
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Large
section of the population undergoing cosmetic surgery, the huge
geriatric numbers, and widespread acceptance of dermal fillers can fuel
the dermal fillers market. According to the World Health Organization,
more than 2 billion of the world population can exceed the age of 50 by
2050. It is aided by improving procedures and rising disposable income
levels of customers. Rising use of aesthetic medical practices as well
as growing acceptance rate of dermal fillers can buttress the growing
global dermal fillers market demand. Moreover, the growing cosmetic
tourism is likely to work in favor of the market.
Market Segmentation
MRFR’s report includes a comprehensive segmental analysis of dermal fillers market based on types and application.
In
terms of types: It includes botulinum toxin, hyaluronic acid, polymers
& particles, and collagen. Among these, the botulinum toxin segment
is probable to remain the most profitable segment with the expectation
to reach a valuation of more than US$ 4600 by 2023-end. Whereas, the
hyaluronic acid segment is anticipated to record the fastest growth rate
during the assessment period.
In terms of application: It
includes lip treatments, facial line correction treatment, face-lift,
and MANY more. The facial line correction treatment segment, in 2016 has
recorded to gain the largest market share and now was likely to reach a
valuation more than US$ 4300 Mn by the year 2023. The face-lift segment
is also likely to remain highly attractive since 2018 and beyond by
having a vigorous CAGR of 12.8% from 2017 to 2023.
Regional Analysis
The
Middle East & Africa (MEA), the Americas, Asia Pacific (APAC), and
Europe are regions taken into consideration in the compilation of the
global dermal fillers market report.
The Americas held 39.3%
market share in 2016 and poised to remain the dominant region till 2023.
It is led by countries of the U.S. and Mexico known for their cosmetic
tourism. Large geriatric populace and inclination of customers towards
anti-aging treatments can push the regional market valuation to USD
3,769.6 million by 2023.
The Europe region is projected to grow
due to similar factors of the Americas and attain significant revenue at
12.9% CAGR over the forecast period. On the other hand, the APAC region
can display the highest CAGR of 13.1% due to massive demand for dermal
fillers in China, India, and South Korea.
Competitive Landscape
The
dermal fillers market is supported by growing number of medical
aesthetic facilities providing aesthetic services and the rise of
innovative skincare products. The population growth around the world and
increasing demand of dermal fillers market based services and products
also support the market growth. However, the dermal fillers market
growth can be affected due to side-effects associated with dermal
fillers and limited developments in technology in some countries. The
report covers all such details which will help companies in the dermal
fillers market to strengthen their business plan and improve their
product portfolio. The dermal fillers market research report also
provides company profiles of major companies. The company profile of
organizations operating in the dermal fillers market discusses
strategies, growth plans, size, revenue, and mergers and acquisition
details of top companies in the dermal fillers market. New entrants and
established players can plan their strategies based on this data
provided in the dermal fillers market research report.
Market Players & Key Strategies
Some
of the most renowned and reliable players of this market can be listed
as Integra Lifesciences, ALLERGAN, Teoxane laboratories, Dr. Korman
Laboratories and Sinclair Pharma.
All of these players
continuously evolve according to the market standards to have an edge
over competition. Apart from that, they also employ certain strategies
like strategic alliances, acquisitions, and investment in research and
development.
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 15
TABLE 2 NUMBER OF NON-SURGICAL PROCEDURES PERFORMED GLOBALLY INVOLVING HYALURONIC ACID 26
TABLE 3 PORTER’S FIVE FORCES ANALYSIS: GLOBAL DERMAL FILLERS MARKET 31
TABLE 4 GLOBAL DERMAL FILLERS MARKET, BY TYPE, 2020–2027 (USD MILLION) 35
TABLE 5 GLOBAL DERMAL FILLERS MARKET, FOR HYALURONIC ACID, BY REGION 2020–2027 (USD MILLION) 36
TABLE 6 GLOBAL DERMAL FILLERS MARKET, FOR POLYMERS & PARTICLES, BY REGION, 2020–2027 (USD MILLION) 36
TABLE 7 GLOBAL DERMAL FILLERS MARKET, FOR CALCIUM HYDROXYLAPATITE, BY REGION 2020–2027 (USD MILLION) 37
TABLE 8 GLOBAL DERMAL FILLERS MARKET, FOR COLLAGEN, BY REGION 2020–2027 (USD MILLION) 37
TABLE 9 GLOBAL DERMAL FILLERS MARKET, BY BRAND, 2020–2027 (USD MILLION) 38
TABLE 10 GLOBAL DERMAL FILLERS MARKET, FOR JUVEDERM, BY REGION 2020–2027 (USD MILLION) 39
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