Press release
Facial Injectable Market 2018 – Major Competitors are Allergan, Galderma, Integra Lifesciences and more
Market ScenarioFacial Injectable Market, Facial Injectable Market Size, Facial Injectable Market Share, Facial Injectable Market Trends, Facial Injectable Market Analysis
Anti-ageing, face rejuvenation and cosmetic treatments have changed the rules of engagement and reinvention. Today, it's possible to change the basic elements of yourself so as to fulfil the basic desire of humans to be young.
The market for facial injectable is been driven by numerous factors. However rising proportion and absolute numbers of older people led by baby boomers generation with good incomes are the critical driving factor for the global facial injectable market. According to the World Health Organization estimates between 2015 and 2050, the proportion of the world's population over 60 years will double from 12% to 22% which will be a positive development for the market.
Another critical driver and the motive behind the market is the primal desire to remain young. The extension of life has been a primal desire of humanity and a mainstay motif in the history of scientific pursuits and ideas throughout history, from the Egyptian Smith medical papyrus, Ayurveda practitioners, alchemists, etc. This primal desire for youth has driven the market for anti-ageing drugs since time immemorial.
The growing influence of lifestyle, fashion and film industry have led to rising demand of medications to slow the ageing and its signs. Health and youth wellness have become a status symbol and youthful appearance is penetrating people’s life and there is increasing consumerization of youth. The growth of media such as television and lifestyle magazines have led to a craze for youthful appearance.
Other driving factors are primal desire of humans to remain young, influence of lifestyle industry and rising awareness about wellbeing, high levels of disposable incomes etc. The market restraints are skepticism and concerns of safety regarding the unrestricted use of anti-ageing drugs without greater and clearer experimental validation. Ambiguity of the definition of anti-ageing drugs is also a cause of concern. For example, numerous cosmetics have been included or claimed to have anti-aging effects and have been termed as Cosmeceuticals. Cosmeceutical is defined by the cosmetic industry as cosmetic products that have medicinal or drug like effects which is not supported by the U.S. Food and Drug Administration (FDA) or the Food, Drug and Cosmetic Act.
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Segments:
Global Facial Injectable market has been segmented on the basis of types which comprises of botulinum toxin, hyaluronic acid, polymers & particles, and collagen. Polymers and particles are further divided into calcium hydroxylapatite, poly-l-lactic acid, and polymethylmethacrylate. On the basis of application which consists of Facial Line Correction Treatment, Face-Lift, Lip Treatments, and others.
Key Players for Facial Injectable Market:
Some of the key players in his market are: Allergan, Galderma, Integra Lifesciences, Merz Pharma, Sanofi, SciVision Biotech Inc, Sinclair. Suneva Medical and Valeant Pharmaceuticals.
Regional outlook for the facial injectable market
The facial injectable market is dominated by North America. The U.S. is the prime mover of the facial injectable market. However it has to be noted that Latin America despite its lower per capita income has a disproportionate share of the market. It is estimated that Latin America will be the fastest in the future. As of the present the European regions is expected to be the second largest market globally, with countries like Germany, UK and France playing a prominent role in the market. Germany accounts for both the largest and the fastest growing nation in the European region facial injectable market, followed by France.
Asia Pacific market is expected to be the fastest future growing market during the forecast period 2016-2023. The Asia Pacific region will be led by countries such as China and India. However the greatest hindering reasons for the Asia pacific region market is the poor per capita income and the high cost of treatment. Nations such as Thailand etc. have a disproportionate share of Asia Pacific market considering their low income as compared to the U.S. The market of these nations is influenced to a considerable degree by the tourism and fashion industry. Advertisement and greater exposure seems to be the best strategy to be a market leader along with product development. The return on investment for advertisement and publicity is very high for the cosmetic surgery market.
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