Dermal Fillers Market Overview

There is a developing market for facial injectables, widely known as dermal fillers in different parts of the world. Dermal Fillers Market Size is expected to register a CAGR of 13.2% and growth to reach USD 6,899.16 Million till 2025. Growing popularity of such products is creating lucrative opportunities for market players. Increasing demand for facial aesthetics throughout the world is a major driver of the global dermal fillers market. Soaring standard of living coupled with the urge to maintain a youthful look has surged the demand for beauty enhancing services including dermal filler procedures. There are diverse patient groups for dermal fillers, although, aged and middle-aged people are identified as the primary customers of aesthetic brands functioning in the global dermal fillers market. This is owing to the dermal filler’s efficacy in reducing wrinkles and skin lines, thus aiding in facial transformation. It has also been observed that the number of female customers is remarkably greater than male customers. Almost 91% of facial injectable techniques are applied on women. At the same time, a substantial growth in popularity of such applications among the male population has been noticed of late. Progress in surgical technology have made such applications more effective and safer than ever-before. However, there is no complete guarantee of zero side-effects, which remains a major area of concern. Additionally, the regulatory norms and high cost of surgery continue to pose as key challenges for the market growth.

Dermal Fillers Market Segmentation

The global dermal fillers market has been broadly segmented based on application and types.

Based on application, the market has been segmented into face-lift, facial line correction treatment, lip treatments, and others. The facial line correction treatment segment, in 2016, dominated the dermal fillers market and is likely to attain an estimated worth of more than US$ 4300 Mn by the year 2023. The face-lift segment is likely to remain remarkably attractive over the forecast period. The segment is projected to capture a healthy CAGR of 12.8% between 2017 and 2023.

Based on types, the market has been segmented into hyaluronic acid, botulinum toxin, collagen, and particles & polymers. Among these, botulinum toxin is expected to remain the most lucrative segment. The segment is expected to attain and surpass a market value worth US$ 4600 by the end of 2023. Besides, the hyaluronic acid segment has been projected to register the fastest growth rate over the forecast period.

Dermal Fillers Market Regional Analysis

Geographically, the dermal fillers market has been segmented based on Latin America, North America, Asia Pacific (APAC), and the Middle East & Africa (MEA) Europe. The Americas market is likely to remain a profitable market for dermal fillers throughout the forecast period. In 2016, Latin America and North America collectively accounted for more than one-third share of the market. The Americas market is followed by the Europe market. The increasing demand for facial aesthetics in many European nations makes the region a significant market for dermal fillers. The Europe dermal fillers market is anticipated to witness a double-digit CAGR over the forecast period. The dermal fillers market in Asia Pacific is likely to experience a soaring CAGR over the forecast period. This can be credited to factors such as increased acceptance of cosmetic procedures in APAC countries, surging availability of varieties of facial injectables to select from and increasing per-capita income.

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Dermal Fillers Market Key Players

The global dermal fillers market has been dominated by key players which include names such as Integra Lifesciences, GALDERMA, ALLERGAN, Sinclair Pharma, Dr. Korman Laboratories, Merz Pharma, and Teoxane Laboratories.