Press release
Global Hyaluronic Acid-based Dermal Fillers Market Projected to Grow at 11.2% CAGR, Reaching $8.45 Billion by 2029
Hyaluronic Acid-based Dermal Fillers
What Will the Hyaluronic Acid-based Dermal Fillers Industry Market Size Be by 2025?
In recent times, there has been a significant surge in the size of the market for hyaluronic acid-based dermal fillers. The market value is projected to increase from $4.94 billion in 2024 to about $5.52 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 11.6%. Factors that have stimulated growth during the past period comprise an aging population, heightened awareness about beauty, the impact of social media, an upsurge in medical spas and aesthetic clinics, and a rise in online shopping.
What's the Long-Term Growth Forecast for the Hyaluronic Acid-based Dermal Fillers Market Size Through 2029?
The market size of dermal fillers based on hyaluronic acid is predicted to proliferate rapidly in the ensuing years. The market is set to expand to a net worth of $8.45 billion by 2029, experiencing a compound annual growth rate of 11.2%. This growth during the anticipated period is credited to factors such as an increase in disposable income, improved consumer knowledge on personal hygiene and grooming, growing demand for personal care commodities, and economic expansion. Key trends lined up for this forecast era encompass natural and organic preparations, amalgamated treatments, subtly invasive measures, innovative delivery systems and the amalgamation of virtual consultations along with telemedicine.
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What Are the Key Growth Drivers Fueling the Hyaluronic Acid-based Dermal Fillers Market Expansion?
The escalating preference for non-invasive dermatology methods is fueling the expansion of the hyaluronic acid-based dermal fillers market. Procedures such as deep palpation, x-rays, and blood pressure tests that don't require skin penetration or bodily intrusion are considered non-invasive. The majority of these treatments use acid-based dermal fillers because they carry less risk and provide enduring effects. For instance, the American Society of Plastic Surgeons (ASPS) reported in February 2022 that more than 17 million adults annually lean towards cosmetic surgeries, inclusive of minimally invasive techniques like body contouring, lasers, and injections. This increasing demand is projected to stimulate the growth of the hyaluronic acid-based dermal fillers market.
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What Are the Key Trends Driving Hyaluronic Acid-based Dermal Fillers Market Growth?
Leading firms in the hyaluronic acid-based dermal fillers industry are innovating with cutting-edge solutions like JUVÉDERM VOLUX XC to offer enhanced facial contouring and improve jawline definition. These solutions deliver enduring and natural-looking outcomes for those seeking cosmetic procedures. Case in point, Allergan plc, a pharmaceutical company headquartered in Ireland, introduced JUVÉDERM VOLUX XC. This product is a lasting hyaluronic acid (HA) filler created to augment facial contours and add volume to the jawline, meeting the growing consumer appetite for cosmetic treatments that yield natural-looking results. As a new entry into the JUVÉDERM Collection, JUVÉDERM VOLUX XC provides a minimally invasive option for treatment that doesn't involve surgery and requires virtually no recovery time.
How Is the Hyaluronic Acid-based Dermal Fillers Market Segmented?
The hyaluronic acid-based dermal fillers market covered in this report is segmented -
1) By Product: Single-Phase Product, Duplex Product
2) By Usage: Specialty And Dermatology Clinics, Hospitals And Clinics
3) By Application: Wrinkle Removal, Lip Augmentation, Rhinoplasty, Other Applications
Subsegments:
1) By Single-Phase Product: Smooth Fillers, Firm Fillers
2) By Duplex Product: Cross-Linked Fillers, Cohesive Fillers
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Which Companies Are Leading the Charge in Hyaluronic Acid-based Dermal Fillers Market Innovation?
Major companies operating in the hyaluronic acid-based dermal fillers market include Bohus Biotech AB, AbbVie Inc., Galderma Laboratories L.P., Merz Pharmaceuticals GmbH, Anika Therapeutics Inc., LG Chem Ltd., Bio plus Co. Ltd., Sculpt Luxury Dermal Fillers Ltd., Bioxis Pharmaceutical, Sinclair Pharma plc, Laboratories Vivacy SAS, Teoxane S.A., Suneva Medical Inc., Advanced Aesthetic Technologies Inc., Croma-Pharma GmbH, Cytophil Inc., DR. Korman Laboratories Ltd., Huons Global Co. Ltd., Revance Therapeutics Inc., TEOXANE Laboratories
Which Regions Are Leading the Global Hyaluronic Acid-based Dermal Fillers Market in Revenue?
North America was the largest region in the hyaluronic acid-based dermal fillers market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hyaluronic acid-based dermal fillers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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