Facial Rejuvenation Market to Exhibit a CAGR of 4.3% during the Forecast Period | Prominent Players: Merz GmbH & Co. KGaA, Biopolymer GmbH & Co KG, Lumenis, Revance Therapeutics, Inc., Mentor Worldwide LLC

The Global Facial Rejuvenation Market was valued USD 36.7 Billion in 2018 and is anticipated to grow at a CAGR of 4.3% during the forecast period. Over the forecast period, the global facial rejuvenation market is expected to grow due to the early onset of ageing and the increasing geriatric population. The market is also expected to expand due to increased acceptance of advanced facial rejuvenation products and an increase in the number of non-surgical aesthetic procedures.
Each year, billions of dollars are spent on facial rejuvenation products and services around the world. Facial rejuvenation is a term that refers to a group of cosmetic procedures used to restore the youthful appearance of the human face. Surgical and non-surgical facial rejuvenation procedures are available.

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However, factors such as a scarcity of qualified staff and a lack of evidence of these procedures' clinical success are limiting the market's growth. Nonetheless, the introduction of international regulatory mandates for cosmetic procedure standardization is set to establish new paradigms for the market's development.

Growth Drivers that Support the Global Facial Rejuvenation Market:

• The Botulinum segment based on product type is expected to hold a significant share of the global market. Botulinum neurotoxin type-A is in high demand for wrinkle reduction in face. However, there are only a few big botulinum product suppliers, resulting in preferential pricing. As a result, key market players will concentrate on producing botulinum products to address the shortage.

• Non-surgical aesthetic procedures are becoming more common, as are advanced facial rejuvenation products. Other factors expected to accelerate the growth of the facial rejuvenation market include an increase in the number of procedures, an increase in the ageing and middle-aged population, and an increase in spending on facial rejuvenation items.

• Due to an increase in the number of non-invasive or minimally invasive procedures, as well as rapid ageing and a strong middle-aged population, Europe is projected to be the second largest regional market for facial rejuvenation. Surgical procedures are typically used for facial rejuvenation, but non-surgical facial rejuvenation procedures have grown in popularity in recent decades due to their low cost.

• In North America, the United States is expected to be the most lucrative market for facial rejuvenation. In 2015, more than 14.2 million cosmetic minimally invasive procedures were performed in the United States, according to the American Society of Plastic Surgeons.

Recent Developments in the Global Market:
• InMode Ltd. completed the formation of two new subsidiaries in Asia Pacific in October 2019: InMode India and InMode Australia.

• In December 2019, Daewoong Pharmaceutical, a South Korean pharmaceutical firm, obtained approval from the UAE Ministry of Health and Indonesia's Badan Pengawas Obat dan Makanan for its botulinum toxin medicine, Nabota.

• The world's first connected skin rejuvenation product will be unveiled on June 3, 2020, at WeCOSMOPROF, the global beauty industry's interactive festival, which runs from June 4 to 10. JLI360 is a synergetic treatment developed by E.S.I. Novel, a member of the Essence Group. It combines unique technologies and capabilities.

• Lumiere SkynTM, a new skincare system that harnesses the scientifically validated benefits of low-level light therapy in a new skincare device that is transforming the way people take care of their skin at home, will be released on October 26, 2020. The HyperGloTM Skin Rejuvenation Therapy System is a natural beauty procedure that aims to enhance the appearance of wrinkles, fine lines, acne, and other skin problems.

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Major companies functioning in the global Facial Rejuvenation Market are Merz GmbH & Co. KGaA, Biopolymer GmbH & Co KG, Lumenis, Revance Therapeutics, Inc., Mentor Worldwide LLC, Speciality European Pharma, Anika Therapeutics, Inc., Cynosure, Inc., Fibrocell Science Inc., Contura International A/S, and Galderma S/A.

Market Segmentation:

By Type
• Topical Products
• Dermal Fillers
• Microabrasion Equipment
• Botulinum
• Chemical Peels
• Equipment-Based Treatments

By End User
• Dermatology Clinics
• Hospitals

By Region:

• North America
o By Country (US, Canada, Mexico)
o By Type
o By End User

• Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By End User

• Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By End User

• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By End User

• Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By End User

• Rest of the World
o By Region (South America, Africa)
o By Type
o By End User

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