Press release
Facial Aesthetics Market is expected to expand at a high-value CAGR of 10.1% to US$ 32.2 Bn by the end of 2032
The global facial aesthetics market is expected to hold a market value of US$ 12.3 Bn in 2022 and expand at a high-value CAGR of 10.1% to US$ 32.2 Bn by the end of 2032.
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The global facial aesthetics market is segmented based on product type, application, end-user, and region. Based on product type, the market can be segmented into injectables, energy-based devices, and topical treatments. Injectables, such as botulinum toxin and dermal fillers, are the most commonly used products in facial aesthetics. Energy-based devices, such as lasers and ultrasound devices, are used for skin rejuvenation and facial contouring. Topical treatments, such as creams and serums, are used for skin maintenance and hydration.
Companies
Johnson & Johnson
Allergan
Galderma laboratories
Teoxane
Laboratories Vivacy
Prollenium Medical Technologies
Laboratories Orgev
MD Skin Solutions
Revitacare
Suneva Medical
SciVision Biotech Inc.
Merz Pharmaceuticals
Bausch Health Companies Inc.
Mentor Worldwide LLC
Anika Therapeutics, Inc.
Adoderm GmbH
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Based on application, the facial aesthetics market can be segmented into wrinkles and lines, facial scars, pigmentation, facial rejuvenation, and others. Facial rejuvenation is the largest segment due to the growing demand for non-invasive procedures for anti-aging and skin rejuvenation. Based on end-user, the market can be segmented into hospitals, clinics, and medical spas.
Geographically, the facial aesthetics market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominates the market due to the high demand for facial aesthetics products and services, the presence of major market players, and the growing awareness of beauty and appearance. Europe is the second-largest market due to the growing aging population and increasing demand for non-invasive procedures. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to the growing disposable incomes, increasing awareness of beauty, and advancements in technology.
Competitive Landscape
Increasing demand for facial aesthetics, favorable support from governments in terms of approvals for new entities, and new applications of novel solutions are factors boosting acquisition and partnership agreements between manufacturers. Companies are continuously focusing on increasing their product reach in the market.
In January 2022, Galderma acquired ALASTIN Skincare®, Inc., a facial aesthetic product manufacturer solely dedicated to developing innovative skincare products to enhance its dermatology platform with different skincare regimens.
In December 2021, Allergan Aesthetics acquired Soliton, Inc. to add its technology complements to Allergan Aesthetics' portfolio of non-invasive treatments, especially for cellulite.
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Key Segments Covered in Facial Aesthetics Industry Research
By Product:
Dermal Fillers
Botulinum Toxin
Chemical Peels
Microdermabrasion
By Treatment:
Facial Line Correction Treatment
Scar Treatment
Lip Treatment
Restorative Treatment
Others
By End User:
Hospitals
Dermatology Clinics
Aesthetic Clinics
Beauty Salon
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
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