Collagen Filler Market 2021-2028 | Booming Overall | Generated Opportunities - Allergan, Johnson & Johnson, Collplant Holdings Ltd, Ortho Dermatologics

The global collagen filler market includes collagen dermal fillers which are used for treating minor imperfections of facial skin such as wrinkles, creases, face lines, crow’s feet and acne stars. Collagen fillers are also used for creating fuller lips and cheeks and can also be used to treat areas of the back, neck and chest. In some cases, facial collagen injection are combined with procedures such as face lift procedures or face rejuvenating. According to US Food Drug and Administration report 2018, most individuals undergoing collagen treatment are above 21 years of age and below 60 and are likely to minimize the early ageing signs such as wrinkles, smile lines etc. There are four types of collagen fillers that are bovine collagen, autologen, isolagen and dermalogen.

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Key players are focusing on strategic mergers and acquisitions to strengthen their position in the global collagen filler market. For instance, in September 2020, Sinclair Pharma ltd, an international company operating in the global aesthetics market. In November 2018, Huadong Medicine Company Limited (HMC), a manufacturer and distributor of pharmaceutical and medical products in China, acquired Sinclair Pharma Limited for a deal valued at US$ 222 million. The acquisition has helped Huadong Medicine Company Limited (HMC) to expand its business in North America and Europe.

The increasing demand for cosmetic procedures such as smile correction and lip treatments across the globe is driving growth of the global collagen filler market. According to the International Society of Aesthetic Plastic Surgery’s 2018 report, around 23,266,374 cosmetic procedures, including smile line corrections, lip treatments, scar treatment and face lift procedures, were carried out in 2018. Moreover, according to same source, there was 15% of increase in cosmetic procedures across the globe in the last four years.

Furthermore, initiatives and guidelines imposed by various national regulating bodies are also driving growth of the global collagen filler market. For instance, in February 2020, the Australian Health Practitioner Regulation Agency published guidelines for individuals undergoing cosmetic surgeries which are as follows: cosmetic procedures should only carried out by the registered health practitioner in Australia, individuals should know the treatments and should ask details about the procedures before they are conducted, individuals should know which medical devices or products are used in cosmetic procedures, and health practitioners should take informed consent of individuals before conducting the cosmetic procedures.

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Top Key Players:

Allergan, Inc.,  Johnson & Johnson, Collplant Holdings Ltd, Ortho Dermatologics, Inc.,   Suneva Medical, Inc., Merz Pharma GmbH & Co. KGaA, Surgical Specialties Corporation, Sinclair Pharma, Inamed GmbH, and Endo International plc.

Collagen Filler Market Segmentation

By Product Type:

Collagen with PMMA
Collagen without PMMA

By Source:

Bovine
Porcine
Others

By Application:

Face Rejuvenation
Wrinkles
Scar Treatment
Lip Treatment
Cellulite Reduction
Others

By End User:

Hospital
Dermatology Clinics
Others

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