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Facial Injectable Industry an Immortal Market with a Stunning CAGR of 13.2% by 2023 | Top Vendors as Allergan, Galderma, Integra Lifesciences, Merz Pharma, etc.
Facial Injectable Market
Facial Injectable – Market Snapshot
The market for facial injectable is been driven by numerous factors. However rising proportion and absolute numbers of older people led by baby boomers generation with good incomes are the critical driving factor for the global facial injectable market. According to the World Health Organization estimates between 2015 and 2050, the proportion of the world's population over 60 years will double from 12% to 22% which will be a positive development for the market.
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Anti-ageing, face rejuvenation and cosmetic treatments have changed the rules of engagement and reinvention. Today, it's possible to change the basic elements of yourself so as to fulfil the basic desire of humans to be young.
Another critical driver and the motive behind the market is the primal desire to remain young. The extension of life has been a primal desire of humanity and a mainstay motif in the history of scientific pursuits and ideas throughout history, from the Egyptian Smith medical papyrus, Ayurveda practitioners, alchemists, etc. This primal desire for youth has driven the market for anti-ageing drugs since time immemorial.
The facial injectable market is a technological oriented market having a high research and development potential due to advancement in technologies and cellular understanding which are keys to unravel the exact mechanism of ageing. Gene therapy, stem cell technology and targeted delivery of nutrients using biotechnology are expected to open the gates for anti-ageing drugs. The development of biomarkers for physiochemical modifications in the body such as alteration of concentration of an enzyme or hormone provides another exiting avenue for the future market. For example, levels of homocysteine has been proposed as a marker of age related changes in the body so as to compensate the change by drugs.
Top Players:
Allergan
Galderma
Integra Lifesciences
Merz Pharma
Sanofi
SciVision Biotech
Sinclair. Suneva Medical and Valeant Pharmaceuticals.
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Facial Injectable Market - Segments:
Global Facial Injectable market has been segmented on the basis of types which comprises of botulinum toxin, hyaluronic acid, polymers & particles, and collagen. Polymers and particles are further divided into calcium hydroxylapatite, poly-l-lactic acid, and polymethylmethacrylate. On the basis of application which consists of Facial Line Correction Treatment, Face-Lift, Lip Treatments, and others.
Regional outlook for the facial injectable market
The facial injectable market is dominated by North America. The U.S. is the prime mover of the facial injectable market. However it has to be noted that Latin America despite its lower per capita income has a disproportionate share of the market. It is estimated that Latin America will be the fastest in the future. As of the present the European regions is expected to be the second largest market globally, with countries like Germany, UK and France playing a prominent role in the market. Germany accounts for both the largest and the fastest growing nation in the European region facial injectable market, followed by France.
Asia Pacific market is expected to be the fastest future growing market during the forecast period 2016-2023. The Asia Pacific region will be led by countries such as China and India. However the greatest hindering reasons for the Asia pacific region market is the poor per capita income and the high cost of treatment. Nations such as Thailand etc. have a disproportionate share of Asia Pacific market considering their low income as compared to the U.S. The market of these nations is influenced to a considerable degree by the tourism and fashion industry. Advertisement and greater exposure seems to be the best strategy to be a market leader along with product development. The return on investment for advertisement and publicity is very high for the cosmetic surgery market.
Major TOC of Global Facial Injectable Market Research Report- Forecast to 2021
1 market Overview
2 RESEARCH METHODOLGY
3 Market dynamics
4 global Facial Injectable Market by Regions
5 Competitive landscape
6 global Facial Injectable market: company profile
7 Facial Injectable market: Technology and Development Trend
8 Conclusion
9 List of Tables
10 List of Figures
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