Facial Injectables Market Dynamic Business Environment during 2020 – 2027
Industry Trends
Facial fillers are medicated products such as hyaluronic acid, collagen, and calcium hydroxyl apatite that rejuvenate facial skin by dropping or abolishing wrinkles on face, minimizing scar depressions, replacing soft-tissue volume loss, and enhancing lips through facial injections.
Increasing number of patients with various cosmetic skin problems including deep lines, scars, and wrinkles are major factor driving growth of the global facial injectables market. In addition, changing lifestyles, rising disposable income, higher inclination toward minimally invasive surgeries are the other factors driving the growth of the target market. Furthermore, developing medical facilities, advancements in procedures and products of cosmetic treatments, growing awareness among the young populace about the facial injections, are another factors driving growth of the global market. However, high cost and safety concern are some of the factors expected to hamper growth of the global market over the forecast period.
The cosmetic industry is found to be booming in the current decade and has undergone an estimated three-fold increase in turnover over the last few decades. In particular, there has been an increase in the total number of non-surgical therapies, such as injections of wrinkle relaxers and dermal fillers. This trend is primarily due to the advantages of technologies, such as low recovery time, less risk of infections, no blood loss, and the overall reduction in procedural costs. Thus, the increase in the number of cosmetic procedures has spurred the growth of the overall market.
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North America is among the major dominating market for facial injectables, with the United States holding the largest market share in North America due to a higher awareness about aesthetic surgical procedures. There is also an increasing geriatric population and demand for non-invasive aesthetic procedures that help in driving the market studied over the forecast period.
Facial Injectables in Healthcare Market Revenue & Forecast, (US$ Million), 2015–2027:
Competitive Landscape
The report provides both, qualitative and quantitative research of facial injectables in healthcare market, as well as provides comprehensive insights and development methods adopted by the key contenders. The key players present in the market are making collaborations and product launch strategies in order to address the unmet aesthetic needs. Thereby, providing the physicians with new and better options, as well as augmenting the growth of the facial injectables market. The companies are also focusing on expanding their presence in the emerging markets and also trying to maintain strong distributor relationships. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.
Key trend observed currently in the target market is players are focusing developing and launching new technologically advent medical facial injectables as well as signing an agreement for strategic collaboration. For instances, February 2018, Allergan plc, announced a plans to acquire Elastagen Pty Ltd, which is an Australia-based medical company. The acquisition focuses on incorporating of Elastagen’s clinical stage Tropoelastin platform into its facial injectables portfolio.
Facial Injectables in Healthcare Market:
By Product type: Hyaluronic Acid, Botulinum Toxin, Particles and Polymers Fillers (PPF), Calcium hydroxylapatite, Poly-L-lactic acid, Polymethylmethacrylate beads
By Geography:
North America: (U.S, Canada, Mexico, Rest of North America)Europe: (France, The UK, Spain, Germany, Italy)
Nordic Countries: (Denmark, Finland, Iceland, Sweden, Norway)
Benelux Union: (Belgium, The Netherlands, Luxembourg, Rest of Europe)
Asia Pacific:(China, Japan, India, New Zealand, Australia, South Korea)
Southeast Asia: (Indonesia, Thailand, Singapore)
Rest of Southeast Asia
Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)
Latin America: (Brazil, Argentina, Rest of Latina America)
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