Hyaluronic Acid-Based Dermal Fillers Market With 6.2 % CAGR 2022-2028, Leading Players, Geographical Segmentation, Development, Dynamics, Future Trends, Size, Opportunities, Challenges

Market Overview:
Global Hyaluronic Acid-based Dermal Fillers Market Size Was Valued at USD 4.35 Billion in 2021, and is Projected to Reach USD 6.63 Billion by 2028, Growing at A CAGR of 6.2 % From 2022 to 2028.

Most dermal fillers used today contain hyaluronic acid, a naturally occurring polymer present in skin and cartilage. Some people might need more than one injection to get rid of wrinkles. The condition of the skin, the skill of the medical professional, and the type of filler used all affect how well the surgery turns out. In the United States, fillers are recognized as medical devices by the Food and Drug Administration (FDA), and a doctor must prescribe and give the injection. There are now about 140 injectable fillers on the market in the UK and Europe, but only six of them are permitted for use in the US. In China, the market for cosmetic surgery has grown in the last ten years, and the NMPA (previously the CFDA) has released various guidelines to govern injectable filler demand.

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Market Dynamics:
Driver:
The use of dermal fillers is a method for face rejuvenation that is gaining popularity. Despite a decline in the number of patients receiving continuous cosmetic treatments as a result of the global financial crisis, the general trend of dermal treatments based on hyaluronic acid has remained stable. Even while popular television shows promote the advantages of surgery, the vast majority of operations are nonsurgical in nature. The need for antiaging cosmetic and aesthetic procedures is rising as the world's population ages.

Opportunities:
Growing Demand for Hyaluronic Acid Based Dermal Fillers Among Young Adults to Enhance Market Growth
The market expanded significantly over the previous ten years. The increased anxiety among young individuals about upholding beauty standards is a significant factor. Dermal filler operations are frequently chosen by people between the ages of 20 and 29 to delay the signs of ageing by smoothing out wrinkles or improving skin texture. The rise in filler treatments among young adults has encouraged market participants to introduce their HA-based filler-based products.

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Segmentation Analysis of Hyaluronic Acid-based Dermal Fillers Market
By Product, the single-phase fillers segment is anticipated to observe profitable growth due to different applications in skin and facial aesthetic procedures, comparatively fewer side effects, and rapid technological development for emerging new fillers. Dermatologists and customers favor single-phase solutions for the treatment of soft tissue facial abnormalities because the uncross-linked HA promotes elastin and collagen production, giving the face a youthful and healthy-looking shine
• Single Phase
• Duplex

By Application, the lip augmentation segment is anticipated to hold the largest Hyaluronic Acid-based Dermal Fillers market share throughout the forecast period. Dermal Fillers based on hyaluronic acid are widely utilized for lip augmentation operations around the world. It should be noted that hyaluronic acid aids in the volume increase of the lips. First-time filler patients are frequently prescribed hyaluronic acid-based dermal fillers.
• Cheek Augmentation
• Lip Augmentation
• Wrinkle Correction
• Nasolabial Folds
• Scar Treatment
• Restoration of Volume
• Others

By End-User, Specialty & Dermatology Clinics segment is expected to dominate the Hyaluronic Acid-based Dermal Fillers market over the forecast period. Over the projected period, advancements in hyaluronic acid-based dermal filler technologies for wrinkle treatment, together with rising spending on cosmetic operations, are expected to drive market expansion.
• Specialty & Dermatology Clinics
• Hospitals

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Regional Analysis of Hyaluronic Acid-based Dermal Fillers Market
With its well-established healthcare infrastructure, favorable policies, and the growing number of plastic surgery treatments, North America is expected to have a considerable market share. The United States has the biggest number of plastic surgeons (7,009) in the world, according to the International Society of Aesthetic Plastic Surgery.

In 2018, 17.7 million surgical and minimally invasive plastic surgery procedures were performed in the United States, according to the American Society of Plastic Surgeons. Furthermore, the widespread use of plastic surgery and minimally invasive plastic surgery methods is predicted to stimulate regional development.

The rise in awareness of hyaluronic acid-based dermal fillers and the increasing demand for aesthetics in emerging nations such as India and China are propelling growth in the hyaluronic acid-based dermal fillers market in Asia Pacific region during the forecast period. New goods are being launched in nations like China and India as a result of the methods utilized by important market leaders. Due to the availability of sophisticated hyaluronic acid-based dermal fillers and the high proportion of the senior population in Japan, there is a significant demand for these dermal fillers.
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Players Covered in Hyaluronic Acid-based Dermal Fillers Market are
• Sinclair Pharma (UK)
• ALLERGAN (Ireland)
• Merz Pharma (Germany)
• Suneva Medical (US)
• Galderma Laboratories (Canada)
• BioPlus Co.Ltd. (South Korea)
• Revance Therapeutics Inc (US)
• Bioxis pharmaceuticals (France)
• DR. Korman (Israel)
• Prollenium Medical Technologies (Canada)
• Anika Therapeutics Inc (US)
• SCULPT Luxury Dermal Fillers LTD (Czechia Republic)
• CANDELA CORPORATION (US)and other major players.

Key Industry Developments In Hyaluronic Acid-based Dermal Fillers Market
In September 2021, the 25th anniversary of RESTYLANE® has been celebrated by Galderma, the world's largest independent dermatology company. The first non-animal stabilized hyaluronic acid filler repairs, improves, and rejuvenates the skin's young appearance. Since its introduction in Europe in 1996, RESTYLANE has achieved numerous milestones around the world. This includes FDA approval in the United States in 2003 and the National Medical Products Administration (NMPA), (Formerly China Food and Drug Administration or CFDA) approval in China in 2008.

FREQUENTLY ASKED QUESTIONS?
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