The worldwide dermal fillers market was valued at USD 5.05 billion in 2021 and is expected to rise at a CAGR of 7.4% from USD 5.31 billion in 2022 to USD 8.74 billion by 2029. According to Fortune Business Insights' analysis titled "Dermal Fillers Market, 2022-2029," the industry was worth USD 5.05 billion in 2021.
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This study looks at recent changes as well as the current market trends for sales, supply, and demand. To paint a complete picture of the market, important factors such as drivers, constraints, and opportunities have been discussed. The report provides in-depth details on the industry laws and regulations that have been put in place in each of the geographical regions, as well as development and trend statistics. Additionally, a thorough examination of the market's overall regulatory structure has been done to give stakeholders a better knowledge of the main elements influencing the general market environment.
The research also provides a detailed study of the leading manufacturers in this market and the market's competitive landscape:
- ALLERGAN (AbbVie, Inc.) (North Chicago, U.S.)
- Revance Therapeutics, Inc. (Nashville, U.S.)
- Merz Pharma (Frankfurt, Germany)
- Galderma (Lausanne, Switzerland)
- Sinclair Pharma (London, U.K.)
- BIOPLUS CO., LTD. (Seongnam-si, South Korea)
- Bioxis pharmaceuticals (Lyon, France)
- SCULPT Luxury Dermal Fillers LTD (Prague, Czech Republic)
- DR. Korman (Kiryat Bialik, Israel)
- Prollenium Medical Technologies (Toronto, Canada)
- Suneva Medical (San Diego, U.S.)
- Anika Therapeutics, Inc. (Bedford, U.S.)
Drivers and Restraints:
Cosmetic Fillers' Popularity in Recent Years to Drive Market Growth
The dermal fillers market is predicted to expand as the medical cosmetics sector increases its expenditure in research and development. Furthermore, the use of fillers has grown in favour in recent years. According to a 2019 estimate from the International Society of Aesthetic Plastic Surgery (ISAPS), there were about 4,315,859 treatments employing hyaluronic acid fillers globally in 2019, representing a 15.7% increase over 2018. The increased number of procedures is likely to fuel market expansion.
Segments:
The market is divided into materials such as hyaluronic acid, calcium hydroxylapatite, poly-l-lactic acid, PMMA (Poly (methyl methacrylate)), fat fillers, and others. The market is divided into biodegradable and non-biodegradable products. The market is classified into scar therapy, wrinkle correction treatment, lip enhancement, volume/ fullness restoration, and others based on its use. End-users are classified as specialist & dermatological clinics, hospitals & clinics, and others.
In terms of mobility, the hyaluronic acid category had the largest proportion (77.1%) in 2020. This is owing to a surge in demand for hyaluronic acid products because of their safety and durability. Furthermore, hyaluronic acid products are widely available in economically stable and high-growth regions such as Europe.
Dermal Fillers Market Analysis by Regions:
Regional analysis is another highly comprehensive part of the research and analysis study of the global Dermal Fillers Market presented in the report. This section sheds light on the sales growth of different regional and country-level Dermal Fillers Market. It provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Dermal Fillers Market.
Regions and Countries Covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of the World (RoW).
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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