Dermal Fillers Market Overview

Dermal fillers are materials used in different facial areas as fillers and have various functionalities. The global dermal fillers market has been currently valued at USD 4,900 million by Market Research Future (MRFR) in its latest report. The same report also suggests that the global dermal fillers market size is anticipated to showcase a CAGR of 12.5% through the review period. There are many factors causative to the growth of the global dermal fillers market.

Some of these factors include the growing demand for facial aesthetics. With the proliferation in demand for face lift and facial line corrections in various countries such as India, China, Brazil, and Japan, the global dermal fillers market is projected to witness an exponential boost over the forecast period. Meanwhile, many aesthetic companies continue to post strong growth in the U.S. and Europe. The dermal fillers industry is also expected to evolve at a high rate with the introduction of new materials, new injection techniques, as well as, new filler devices. Such introduction of diverse advancements has allowed the facilitation of highly complex procedures. Further, an increasing acceptance towards the tissue fillers across the globe pushed the global dermal fillers market to new heights.

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Dermal Fillers Market Segmentation

The global dermal fillers market has been segmented on the basis of type, application, and region. Based on type, the global dermal fillers market has been segmented into botulinum toxin, polymers & particles, hyaluronic acid, and collagen. Among these segments, the botulinum toxin segment is anticipated to garner maximum profits through the assessment period. It is also expected to reach a revenue valuation of USD 4600 by the end of 2023. Meanwhile, the hyaluronic acid segment is projected to grow at the fastest rate during the forecast period.

Based on application, the dermal fillers market has been segmented into facial line correction treatment, lip treatments, and face-lifts. In 2016, the facial line treatment segment dictated the global dermal fillers market and was estimated to record a revenue valuation of USD 4300 million by the end of 2023. The face-lift segment is also anticipated to garner substantial growth through the forecast period. The segment is also anticipated to register a CAGR of 12.8% during the review period.

Dermal Fillers Market Regional Analysis

The global dermal fillers market has been studied for the regions of North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. Among these regional segments, the Americas are estimated to dominate the global dermal fillers market throughout the assessment period. In 2016, North America and Latin America collectively held more than one-third of the global dermal fillers market share.

Europe is estimated to follow the Americas during the forecast period for dermal fillers. Such propulsion in growth can be attributed to the growing demand for facial aesthetics in many European countries which has made the region an important market for many dermal filler key players. Europe is also projected to garner a double-digit CAGR during the conjectured period.

Additionally, Asia Pacific is likely to witness the chief growth rate in the dermal fillers market during the forecast period of 2017-2023. Such growth can be accredited to the rising per-capita income in many Asian countries. Further, an increased acceptance of cosmetic products in Asia Pacific has also bolstered the demand for dermal fillers by the youth in this region. Also, the availability of more options of facial injections to select form has also pushed the dermal fillers market in the region to a great extent.

Dermal Fillers Market Key Players

The global dermal fillers market is observed to be heavily influenced by the actions of many prominent market vendors during the forecast period. The latest report on dermal fillers published by Market Research Future (MRFR) has mentioned many of these noteworthy key players including ALLERGAN, GALDERMA, Dr. Korman Laboratories, Integra Lifesciences, Merz Pharma, Sinclair Pharma, and Teoxane Laboratories.

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Dermal Fillers Industry Update

April 2019: The British government to launch a campaign to reduced botched plastic surgeries by urging patients to avoid using cowboy or home procedures. The Department of Health and Social Care will try and educate people about the dangers of home procedures.