Lip Augmentation Market To Touch USD 6.33 Billion at a 9.7% CAGR by 2030

Lip Augmentation Market Insights:

In a recent research report by Market Research Community, the lip augmentation market is expected to surpass USD 6.33 Billion by the year 2030, from USD 2.75 Billion in 2021.

Lip augmentation is a type of cosmetic procedure that provides minimal and non-invasive methods to increase the volume and fullness of lips using chemical solutions such as hyaluronic lip fillers and implants. The major goal of lip augmentation surgery is to fulfill the demand of consumers for attaining a perfect physical appearance that meets their requirements.

Top Key Players of the Lip Augmentation Market:

Allergan, Galderma, Merz Pharma, Teoxane Laboratories, Suneva Medical, Sinclair Pharma, Laboratories Vivacy SaS, Cynosure, LLC., Integra LifeSciences, Bioha Laboratories.

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Type Covered in This Report Are:
Temporary
Permanent

On the Basis of Product Type:
Hyaluronic acid fillers
Fat Injection or Lipoinjection
Poly-L-Lactic Acid Fillers
Lip Collagen
Others

By End User:
Hospitals
Ambulatory Surgical Centers
Office Based Clinics
Spas/Beauty Clinics

Distribution Channel:
Hospital pharmacies
Clinics
Retail Pharmacies
Drug stores
Online pharmacies
Others

Regional Analysis:
North America- (U.S., Canada, Mexico)
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe)
Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific)
Latin America- (Brazil, Argentina, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)

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The lip collagen is expected to fuel the growth of the product type segment during the forecast period. Owing to the fast results and increased lasting effect without the need for lip injections. The collagen is found naturally in the lips that are stimulated by factors such as hydration, daily intake of vitamin C, and consumption of Sulphur-rich foods such as beans, cabbage, garlic, cucumber, kale, and asparagus.

Europe is expected to have the second largest market share in the increased market growth in the forecast period. The factors such as rising technological advancements in medical devices, increased research and development investments and higher demands for non-invasive cosmetic surgeries are the major contributors to the growth of the lip augmentation market in the European region.

The market is projected to grow at a significant pace reaching a CAGR of approximately 9.7%, over the forecast period of 2022-2030, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

The study is consolidated into major segments and further into sub-segments, such as by type (temporary, permanent), by product type (hyaluronic acid fillers, fat injection or lipoinjection, poly-L-lactic acid fillers, lip collagen, and others), by distribution channel (hospital pharmacies, clinics, retail pharmacies, drug stores, online pharmacies, others), by end-use (hospital pharmacies, clinics, retail pharmacies, drug stores, online pharmacies, others), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.

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The research provides answers to the following key questions:

What is the expected growth rate of the Lip Augmentation Market? What will be the market size for the forecast period, 2022 - 2030?
What are the major driving forces responsible for transforming the trajectory of the industry?
Who are major vendors dominating the Lip Augmentation industry across different regions? What are their winning strategies to stay ahead in the competition?
What are the market trends business owners can rely upon in the coming years?
What are the threats and challenges expected to restrict the progress of the industry across different countries?
What are the key opportunities that business owners can bank on for the forecast period, 2022 - 2030?

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This release was published on openPR.