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Dermal Filler Market Forecast 2024-2033: Growth, Demand, Key Drivers
Dermal Filler Market Growth
As per the report, the dermal filler market size has grown rapidly in recent years. It will grow from $6.07 billion in 2023 to $6.74 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The dermal filler market size is expected to see rapid growth in the next few years. It will grow to $10.1 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%.
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The Surge In Aesthetic Procedures Catalyst For The Dermal Filler Market's Remarkable Growth
An increasing number of aesthetic procedures performed by plastic surgeons is expected to drive the growth of the dermal filler market going forward. Aesthetic procedures refer to procedures that improve the face and body appearance. There has been a growing emphasis on the body and beauty for identity and self-expression. Dermal fillers are used majorly in plastic surgery or aesthetic procedures to help create a smoother and fuller appearance on the face. For instance, according to the American Society for Aesthetic Plastic Surgery, in 2021, facial procedures increased by 54% and aesthetic body procedures shot up by 63% from 2020. Therefore, the increasing number of aesthetic procedures performed by plastic surgeons propels the growth of the dermal filler market.
Technological Advancements Reshaping The Landscape Of The Dermal Filler Market
Technological advancements have emerged as the key trend gaining popularity in the dermal filler market. Companies operating in the dermal filler market are focusing on developing innovative products for market growth. For instance, in April 2021, Sinclair Pharma, a UK-based pharmaceutical company, launched MaiLi, a new hyaluronic acid filler that harnesses the power of OxiFree HA technology for the treatment of medium-sized skin depressions, fine-lines, the periorbital area, and is effective for lip enhancement. MaiLi uses 24% less product for the same volumizing effect.
The dermal filler market covered in this report is segmented -
1) By Filler Type: Calcium Hydroxylapatite, Hyaluronic Acid, Poly-Alkylimide, Polylactic acid, Polymethylmethacrylate Microspheres
2) By Product: Biodegradable, Non-Biodegradable
3) By Application: Scar Treatment, Wrinkle Correction Treatment, Lip Enhancement, Restoration Of Volume or Fullness
4) By End-User: Hospital, Cosmetic Clinics, Outpatient Centers, Beauty Centers, Other End Users
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Major companies operating in the dermal filler market report are Allergan Inc., Sanofi Aventis, Merz Pharma GmbH & Co. KGaA, Laboratoires Vivacy, Bloomage Biotechnology Corporation Limited, LG Life Sciences, Polymekon, Tiffen Medical, Shanghai Haohai Biological Technology Co. Ltd., Teoxane Laboratories, Sinclair Pharma, Anika Therapeutics Inc., Croma-Pharma GmbH, Revance Therapeutics Inc., Mentor Worldwide LLC, BioPlus Co. Ltd., Hans Biomed Corp., Regen Lab SA, Prollenium Medical Technologies Inc., Scivision Biotech Inc, Hyaltech Ltd., Dr. Korman Laboratories Ltd., Bioxis Pharmaceuticals, Suneva Medical Inc., Bohus BioTech AB, Medy Tox Inc, Galderma S.A., Sculpt Fillers, Sylagen, Matex Lab SA, Galatea Surgical
Contents of the report:
1. Executive Summary
2. Dermal Filler Market Report Structure
3. Dermal Filler Market Trends And Strategies
4. Dermal Filler Market - Macro Economic Scenario
5. Dermal Filler Market Size And Growth
…..
27. Dermal Filler Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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