Dermal Fillers Market to Witness Comprehensive Growth by 2026
Constant focus of aesthetic dermatologists in improving the safety and efficacy of injectable dermal fillers has backed the growing demands for the procedure in facial contouring notably in volumization of the lips, treatment of volume deficiency, and augmentation of anatomical sites—all of which are aimed at restoring a youthful look in individuals. Worldwide, growing numbers of people who pin hopes on such cosmetic filler injections to impart a natural-looking youthful look contribute to the expansion of the dermal fillers market.
According to a study by Transparency Market Research, the global dermal fillers market was pegged at more than US$ 2.5849 bn in 2017, expanding at CAGR of 8.6% from 2018 to 2026. By the period-end, the valuation of the market is anticipated to surpass US$ 5.4112 bn.
“Simplicity of the procedure, high patient satisfaction rates, and improved properties of currently available fillers, all help bolster market prospects of dermal fillers”, assert analysts at TMR. They further opine that growing acceptance of new, promising formulations in patient populations will help the dermal fillers market to evolve considerably in coming years.
Request for Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26816
Key Findings of the Market Study
- Among the various product types, biodegradable dermal fillers accounted for the major share in the dermal fillers market in 2017 and is expected to retain its lead throughout 2026. Higher safety profile and the desire for prolonged effect catalyze their popularity among the patient population
- Hyaluronic acid emerged as the most prominent segment among different materials used in dermal fillers market. Sizable number of non-surgical aesthetic procedures over the past years point toward the lucrative nature of the prospect in coming years as well
- Of all the end users, hospitals contributed the major revenue to the global dermal fillers market in 2017. Meanwhile, dermatology clinics segment has stood out from the rest with extraordinary potential for growth during the forecast period
- Among the various applications, facial line correction led the dermal fillers market in 2017, and the opportunities in the segment are expected to expand at promising growth rate during 2018–2026
Explore 212 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Dermal Fillers Market (Product – Biodegradable, Non-biodegradable; Material – Calcium Hydroxylapatite, Hyaluronic Acid, Collagen, Poly-L-lactic Acid, PMMA, Fat; Application – Facial Line Correction Treatment, Lip Enhancement, Scar Treatment; End user – Hospitals, Dermatology Clinics, Ambulatory Surgical Centers) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 at https://www.transparencymarketresearch.com/report-toc/26816
Dermal Fillers Market: Key Driving Factors
A close assessment of the growth dynamics reveals consumer trends that can substantially influence the prospects of injectable dermal fillers among end users during the assessment period. The analysts at TMR have observed numerous factors that have become key accelerators of growth of the dermal fillers market. A few trends worth noticing are:
- Market potential of relatively safer non-cosmetic aesthetic procedures, prominently in soft tissue augmentation, correlates with aging of baby boomers in several countries. Particularly, in the U.S., the population is expected to cross a mark of 98 million by 2060, according to a projection by the Population Reference Bureau.
- Several practitioners apart from dermatologists are becoming part of the expanding avenue of the dermal fillers market.
Key Impediments for Dermal Fillers Market Players
Despite the growing numbers of ant-aging procedures that adopt dermal fillers, a few concerns warrant the attention of end users, pharmaceuticals, and patient population.
- Lack of adequate awareness among patient populations about the expectation of dermal fillers has hampered the prospect of the dermal fillers market to an extent
- Complications of procedures, though rare, are possible. To address these, there is a need for more industry efforts to test new dermal filler materials and clinical studies.
Dermal Fillers Market: Region-wise Analysis
Among the various key geographies, the combined share that was contributed by North America and Europe—more than 77% in 2017 exceeded that of any other region. Particularly, North America is expected to be on a high-growth trajectory throughout the assessment period. A major chunk of the revenues is likely to come from the U.S. The growth in the regional market is to a large extent fueled by substantial uptake of hyaluronic acid dermal filler procedures in recent years. Rapid advances in cosmetic procedures have catalyzed FDA approval of new, promising materials used as injectable dermal fillers. Meanwhile, Asia Pacific is expected to expand at promising CAGR during 2018–2026. Growing acceptance of this relatively safe and non-invasive aesthetic procedure in Japan and China propels the growth.
Analyze dermal fillers market growth in 30+ countries including US, Canada, Germany, United Kingdom, India, China, and Japan. Request a PDF Brochure of the study.
Competition Landscape
Acquisitions by key players form one of the major strategic moves by companies seeking to consolidate their shares or positions in the dermal fillers market. Several biotechnology companies are leaning on expanding their portfolio of dermal filler products. A few of them tapping into lucrative avenues in established markets are leveraging the synergies of partnerships to expand commercialization of novel injectables.
Companies with prominent stakes in the dermal fillers market include Advanced Aesthetic Technologies Inc., Dr. Korman Laboratories Ltd., Bioxis pharmaceuticals, BioPlus Co., Ltd., Nestle Skin Health, Merz Pharma GmbH & Co., and Allergan plc.
The dermal fillers market segmented on the basis of:
Product
- Biodegradable
- Non-biodegradable
Material
- Calcium Hydroxylapatite
- Hyaluronic Acid
- Collagen
- Poly-L-Lactic Acid
- PMMA
- Fat
- Others
Application
- Facial Line Correction Treatment
- Lip Enhancement
- Scar Treatment
- Others
End-user
- Hospitals
- Ambulatory Surgical Centers
- Dermatology Clinics
- Others
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights fo
r making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453