Increasing in number of non-invasive aesthetic surgeries and growing inclination of aesthetic surgeons remain key factors responsible for surge in demand for dermal fillers. The global dermal fillers market, projected for a steady growth outlook over 2019 - 2029, surpassed a value of US$ 3 Bn in 2018. Increasing efficiency of dermal fillers have prompted an expansion in the dermal fillers market. Use of dermal fillers is not restricted to facial skin procedures; it also gathers traction in various derma aesthetic procedure treatments. The application of dermal fillers ranges from better aesthetic outcomes to treatment of forehead augmentation.
Key Takeaways - Dermal Fillers Market Study
- By product, absorbable dermal fillers would continue to represent 99% of revenue share in the dermal fillers market owing to its high binding site along with skin hydration and smoothening properties.
- Hyaluronic acid captured maximum share in the dermal fillers market, owing to its increasing use for the correction of moderate to severe nasolabial folds and wrinkles and long lasting formulations.
- Aesthetic restoration, which is a minimally invasive rejuvenation treatment, is expected to hold maximum market share during the forecast period.
- By distribution channel, retail pharmacies and drug stores accounted for major revenue share of 80% owing to availability and supply of comprehensive range of dermal fillers.
- Availability of wide range of dermal fillers, rising emphasis on physical appearance, and growing awareness for minimal invasive treatment procedures contributed to the dominance of North America in the dermal fillers market.
New product approvals and launch of dermal fillers along with increasing demand for minimal invasive aesthetic procedures offering increased longevity and safety profiles are driving growth of the global dermal fillers market.
Dermal Fillers Market Players Emphasize New Product Launches
For More Detailed Insights on Dermal Fillers Market
Product approvals by FDA for new dermal fillers are responsible for intense competition among market players. Numerous organizations are focusing on new product launches for dermal fillers. For example, in April 2019, Belotero Revive, a derma filler along with hyaluronic acid and glycerol, launched by Merz Pharma. Also, launch of VOLUX, a dermal filler for refinement of jawline and chin by Allergan Pharma in April 2019. These winning strategies by leading players are also followed by regional and local players.
Learn More About What Does the Dermal Fillers Market Study Cover
Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each segment from 2014 to 2029. The global dermal fillers market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on dermal fillers market on basis of product type (absorbable, non-absorbable), by ingredient (hyaluronic acid, poly-L-lactic acid, calcium hydroxyl apatite, polymethyl methacrylate, collagen) and distribution channel (retail pharmacies and drug stores, clinic and hospital pharmacies, online pharmacies), across seven major regions.
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