Dermal Fillers Market Size, Share, Growth, Trends, And Forecasts (2018 To 2023) | Major Key Players are Allergan Inc., AQTIS Medical, Bioha Laboratories, Suneva Medical, Galderma, Merz Aesthetics, Cynosure, Syneron, and Cytophil

Dermal Fillers Market Overview

Dermal filler is a non-invasive treatment procedure for facial rejuvenation and is used as anti-aging agents. As people age, facial skin starts to lose its flexibility and natural hydration that helps shape, support and add volume to the face. This leads to the wrinkles on the face, deep lines & sagging of the skin. Dermal fillers are injectable gels created of either natural or synthetically derived materials like hyaluronic acid. Dermal fillers gently lift and pump up the skin to bring back the lost collagen owing to the aging process. Dermal fillers also enable the body to produce its own collagen which can help in giving a natural and youthful facial appearance. Dermal filler treatment is very effective because the fact that its results last from seven to 26 months, depending on the type of dermal filler used. Dermal filler treatment takes time 25-50 minutes with or without local anaesthesia which can change according to the patient skin and physical condition.

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Rising number of patient with various cosmetic skin problems such as scars, deep lines, and wrinkles, which is increasing due to the imbalance in diet, insomnia, stress, and tension, are the main factors which are fuelling demand for dermal fillers. Dermal filler treatment is fast and easy for different cosmetic problems with a minimal amount of discomfort and downtime. However, factor such as high cost of treatment is a prime factor hindering the market growth.

Dermal Fillers Market Forecast Report (2018-2023)

The market for dermal fillers worth was around USD 4,450.0 million in 2016 and is approximated to reach USD10, 008.4 million by 2023 which is a projected CAGR of 12.6%.

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Dermal Fillers Market Segmentation

The global Dermal Fillers market is classified on the basis of Product and Therapeutic Area. Based on Product, the market is classified into Absorbable or Biodegradable, and Non-Absorbable or Non-Biodegradable. Based on Therapeutic Area, the market is classified into Wrinkles, Deep Facial Lines, Sagging Skin, Scars

On the basis of geography, the Dermal Fillers market is classified into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America held the large share in the global market of dermal filler followed by Europe, and Asia Pacific owing to the high occurrence of many skin problems among the population, rising number of dermatology patients and increasing application in acne scar treatments. The developing nations in Asia Pacific, Latin America and Middle East and Africa hold high potential for growth in the global dermal filler market, due to its fast and accurate results without any risk on the skin.

 Key Developments in the Market

Botulinum toxin sector accounts for the largest market share in the global dermal filler market while Hyaluronic Acid sector is projected to grow at a CAGR of 13.0% during the forecast period from 2017 to 2023.
Facial line correction treatment segment accounts for the large market share in the dermal filler market by application, this market is approximated to reach US$ 4,319.0 in 2023

Americas market is expected to attain US$ 3,769.6 by 2023

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Major Players: 

The market is dominated by companies like Allergan Inc., AQTIS Medical, Bioha Laboratories, Suneva Medical, Galderma, Merz Aesthetics, Cynosure, Syneron, and Cytophil Inc.

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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