Soft Filler Market Size, Share & Trends Analysis Report forecast 2024-2031.

The global soft filler market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. During the forecast period, the soft filler market will progress due to an expanding network of healthcare facilities offering advanced aesthetic treatments and improved infrastructure. In recent years, both developed and developing countries have seen a significant increase in the number of facilities such as clinics, medical spas, and rejuvenation centers. Thus, the rapid adoption of various non-invasive treatments provided by these facilities will propel industry growth due to benefits such as cost-effectiveness and shorter treatment duration. Furthermore, an increasing number of skilled professionals such as dermatologists and plastic surgeons will contribute to the industry's growth.

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New product launches in the market are likely to drive the growth of the global facility management market. For instance, in February 2021, Allergan, Inc., announced a global exclusive development and commercialization agreement for dermal and soft tissue filler products. CollPlant had granted Allergan Aesthetics globally to use its plant-derived recombinant human collagen (rhCollagen) in conjunction with Allergan Aesthetics' proprietary technologies to produce and commercialize dermal and soft tissue fillers. Furthermore, Allergan Aesthetics has the first negotiation rights for CollPlant's technology in two future additional products.

Impact of COVID-19 Pandemic on Global Soft Filler Market

Due to movement restrictions and lockdown in the majority of regions around the globe, the pandemic had an impact on aesthetic medicine and cosmetic dermatology. Furthermore, the slowing of economies had resulted in reduced discretionary spending, limiting customers' ability to undergo costly cosmetic procedures. Additionally, the market saw a decrease in demand for soft filler due to a decrease in the number of cosmetic procedures. However, as the lockdown restriction is lifted and a subsequent decline in COVID-19 cases are observed, the market is expected to recover.

Segmental Outlook

The global soft filler market is segmented based on the application, type, and end-users. Based on the application the market is segmented into face-lift, lip enhancement, facial line correction treatment, and others. Based on the type collagen fillers, poly-l-lactic acid (PLLA), hyaluronic acid (HA), calcium hydroxylapatite (CaHA), and others. Based on end-user the market is segment into dermatology clinics, and hospitals. Among these, the hyaluronic acid (HA) segment accounted for the vast majority of the market. The rising demand for hyaluronic acid injectables is expected to have an impact on segment growth in the coming years. Several manufacturers make hyaluronic acid dermal fillers that are widely provided. Furthermore, HA fillers are biocompatible and safe for the patient's body the rising procedural rate is being attributed to a lower risk of complications.

By Application (Face-Lift, Lip Enhancement, Facial Line Correction Treatment, and Others),

By Type (Collagen Fillers, Poly-L-Lactic Acid (PLLA), Hyaluronic Acid (HA), Calcium Hydroxylapatite (CaHA), and Others, and

By End-Users (Dermatology Clinics, and Hospitals)

Market Players Outlook

The major companies serving the global soft filler market include Allergan, Inc., Bloomage Biotechnology Corp. Ltd., Galderma S.A., Imeik Technology Development Co., Ltd, Lg Life Sciences India Pvt. Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September, 2021, Galderma S.A., one of the finest independent dermatology company, and Sofregen Medical, Inc., had entered into the agreement to sign a co-development and option-to-acquire agreement in order to expand Galderma's capabilities built on decades of science-based aesthetics innovation and a unique heritage in biostimulator and hyaluronic acid (HA) fillers.

The Report Covers

Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global soft filler market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.



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