Dermal Fillers Market Projected to Deliver Greater Revenues during the Forecast Period 2021 - 2027

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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