Press release
Facial Aesthetics Market 2023 expand at a high CAGR of 10.1% to US$ 32.2 Bn by the end of 2032 | Johnson & Johnson, Allergan,Galderma laboratories
The facial aesthetics market is a rapidly growing industry that includes products and procedures used to enhance or improve the appearance of the face. This can include non-surgical treatments such as dermal fillers, Botox injections, and chemical peels, as well as surgical procedures such as facelifts and eyelid surgery. The market is driven by an increasing demand for minimally invasive and non-surgical treatments, as well as a growing awareness of the availability of these treatments.The global facial aesthetics market is expected to hold a market value of US$ 12.3 Bn in 2022 and expand at a high-value CAGR of 10.1% to US$ 32.2 Bn by the end of 2032.
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One of the key drivers of the facial aesthetics market is the increasing demand for non-invasive treatments. Many individuals are seeking out alternatives to surgical procedures, which can be expensive and have a longer recovery time. Non-invasive treatments, such as injectables and lasers, offer a more convenient and cost-effective option for those looking to improve their appearance.
Another factor contributing to the growth of the facial aesthetics market is the development of new technologies and products. In recent years, there have been numerous advances in the field, including the development of new injectables and energy-based devices. These innovations have increased the range of treatments available and made them more effective and safe for use.
Companies
Johnson & Johnson
Allergan
Galderma laboratories
Teoxane
Laboratories Vivacy
Prollenium Medical Technologies
Laboratories Orgev
MD Skin Solutions
Revitacare
Suneva Medical
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Overall, the facial aesthetics market is expected to continue to grow in the coming years, driven by the increasing demand for non-invasive treatments and the development of new technologies and products.
Competitive Landscape
Increasing demand for facial aesthetics, favorable support from governments in terms of approvals for new entities, and new applications of novel solutions are factors boosting acquisition and partnership agreements between manufacturers. Companies are continuously focusing on increasing their product reach in the market.
In January 2022, Galderma acquired ALASTIN Skincare®, Inc., a facial aesthetic product manufacturer solely dedicated to developing innovative skincare products to enhance its dermatology platform with different skincare regimens.
In December 2021, Allergan Aesthetics acquired Soliton, Inc. to add its technology complements to Allergan Aesthetics' portfolio of non-invasive treatments, especially for cellulite.
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By Product:
Dermal Fillers
Botulinum Toxin
Chemical Peels
Microdermabrasion
By Treatment:
Facial Line Correction Treatment
Scar Treatment
Lip Treatment
Restorative Treatment
Others
By End User:
Hospitals
Dermatology Clinics
Aesthetic Clinics
Beauty Salon
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