Dermal fillers market is expected to reach USD 9.45 billion by 2030; expanding at a CAGR of 7.44%. Recent product innovations, growing FDA approvals, cutting-edge aesthetic treatments, and improved healthcare infrastructure supports the market's exponenti

Leicester UK, October 2022- The global dermal fillers market was valued at USD 4.98 billion in 2021 and it is the need for minimally invasive aesthetic procedures, particularly in developed nations, is a major factor in the market's growth. The global dermal fillers market is expected to grow at a CAGR of 7.44% during the forecast period to reach USD 9.45 billion by 2030. High patient satisfaction from product development will also have a beneficial effect on product demand during the predicted period. In the coming years, it is anticipated that ongoing advancements in filler materials will have an impact on the market expansion. Numerous products intended for particular facial regions have received FDA approval, enabling dermatologists to provide clients with specialized care. The filler can be used to treat moderate to severe facial creases and wrinkles. Recent innovations, such as HA filler for subtle lip enhancement that improves lip definition without increasing lip size, will also raise public preference for dermal filler procedures.

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"Rising Interest in Cosmetic Operations Globally Fuels the Market"

The development of the dermal filler market will be supported throughout the projected period by an expanding network of healthcare facilities offering cutting-edge aesthetic treatments and improved infrastructure. The number of clinics, medical spas, and centers for rejuvenation has significantly increased in recent years both in industrialized and developing countries. Thus, the rapid adoption of various non-invasive treatments offered by these facilities owing to the benefits including the cost-effectivity and shorter treatment duration will propel the industry growth. Furthermore, escalating number of skilled professionals such as dermatologists and plastic surgeons will further augment the industry expansion.

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SEGMENT OUTLOOK:

The global dermal filler market is segmented based on application, product, and end -users.

REGIONAL OUTLOOK:

On the basis of geography, the dermal fillers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Throughout the projected period, North America will continue to be one of the most attractive markets for dermal fillers. The region's high disposable income, good ability to spend on cosmetic operations, the presence of top manufacturers and the expanding demand for non-surgical procedures in the region are some of the main drivers promoting expansion.

By Key Competitors and Market Share Analysis:

To increase their consumer base in the worldwide market, the majority of significant competitors are implementing a variety of competitive methods, including acquisition, mergers, and alliances.

Recent Developments:

o In March 2021, with a modified administration regimen, Galderma announced the reintroduction of Sculptra (injectable Poly-L-lactic acid) in Europe.

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The following are some of the major market players operating across the globe:
o Galderma Pharma S.A.
o Sinclair Pharma PLC
o Zimmer Biomet Holdings
o Allergan PLC.
o Merz Aesthetics
o Anika Therapeutics
o Suneva Medical Inc.
o Laboratories Vivacy SAS

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Quintile Insights has segmented the global dermal fillers market report based on application, product, end-users, and region:

Application Insights: Revenue in USD Billion (2017 - 2030)

o Scar Treatment
o Wrinkle Correction Treatment
o Lip Enhancement
o Restoration of Volume/ Fullness
o Others

Product Channel Insights: Revenue in USD Billion (2017 - 2030)

o Biodegradable
o Non-Biodegradable

End-Users Insights: Revenue in USD Billion (2017 - 2030)

o Speciality & Dermatology Clinics
o Hospitals & Clinics
o Others

Regional Insights: Revenue in USD Billion (2017 - 2030)

o North America
U.S.
Canada

o Europe
U.K.
Germany
France
Italy
Spain

o Asia Pacific
Japan
China
India
Australia
South Korea
Singapore

o Latin America
Brazil
Mexico
Argentina
Colombia

o Middle East & Africa
Saudi Arabia
UAE
South Africa

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