Research Nester published a report titled “Dermal Filler Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global dermal filler market in terms of market segmentation by ingredient, product, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global dermal filler market is anticipated to grow with a CAGR of ~8% during the forecast period, i.e., 2022-2031. The market is segmented by ingredient hyaluronic acid, calcium hydroxylapatite, collagen, poly-L-lactic acid, PMMA (Poly Methyl Methacrylate), and others. Out of these, the hyaluronic acid segment is anticipated to garner the largest revenue by the end of 2031. Dermal fillers containing hyaluronic acid are increasingly used along with cosmetic procedures involving hyaluronic acid. This factor is expected to drive segment growth during the forecast period.
The global dermal filler market is estimated to garner revenue of USD 31 Billion by the end of 2031, up from revenue of USD 5 Billion in the year 2021. The increasing popularity of surgical and non-invasive cosmetic procedures throughout the globe, advancements in product design, as well as higher levels of personal disposable income are some of the major factors anticipated to drive the growth of the market during the forecast period.
Geographically, the global dermal filler market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America is projected to garner the largest revenue by the end of 2031. The region has a stable economy, as well as a higher percentage of cosmetic surgery in comparison to other parts of the region. Furthermore, R&D expenditures and the popularity of dermal filler procedures are expected to drive regional market during the forecast period.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Adoption of Skin Tightening Treatments by Elderly People to Drive the Market Growth
A recent survey found that over 332,000 skin tightening procedures were performed in the United States in the year 2019.
The popularity of anti-aging and skin tightening treatments is increasing among people over 50 in developed countries. Further, as people become more interested in maintaining youthful appearances and anti-aging trends, the demand for dermal fillers is expected to grow significantly over the forecast period.
However, higher price associated with dermal fillers treatments are expected to operate as key restraint to the growth of global dermal filler market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global dermal filler market which includes company profiling of Allergan, Merz Pharma, Sinclair Pharma, Galderma Laboratories, BioPlus Co., Ltd., Corporation, BIOXIS pharmaceuticals, Suneva Medical, SCULPT Luxury Dermal Fillers Ltd, Dr. Korman Laboratories Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global dermal filler market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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