Dermal Fillers Market Set to Hit US$ 4 Bn Mark by 2021
In recent years, significant advancements in skincare technology are making facial aesthetic treatments far more accessible and affordable for consumers keen to improve their skin hydration and texture. Injectable fillers or dermal fillers are fast becoming a popular method of facial rejuvenation, attributing primarily to increasing number of women in workforce with high disposable income. Future Market Insights, in its new offering, estimates worldwide adoption of dermal filler to grow 3.3% y-o-y in 2021 over 2020 to attain a valuation of US$ 4 Bn. Gains will remain further driven by introduction of minimally invasive or non-surgical techniques that promise improved outcomes.
Frequently asked questions about dermal fillers market
Which region is expected to lead the dermal fillers market?
North America is expected to hold half of the total dermal fillers market share and grow at an impressive growth rate during forecast period. India, China and Japan are anticipated to remain as targeted geographies for leading market players.
Which product is expected to have significant demand during the forecast period?
Absorbable dermal fillers are expected to hold more than 90% of revenue share in the dermal fillers market owing to its biodegradable properties along with high water retention capacity with maximum binding site offering better clinical outcomes and high level of patient compliance.
What are the opportunities provided by emerging countries to key and local players?
From an investment point of view, emerging markets can offer high market returns as compared to developed markets for dermal filler. As per the American Society of Plastic Surgeons (ASPS), Brazil hold second largest number for cosmetic procedures with almost 2.3 million procedures in 2018 followed by Mexico (1.0 million), India (0.89 million), and Argentina (0.60 million).
Which type of dermal filler is expected to offer significant market growth potential over the next decade?
Non-animal origin cross-linked hyaluronic acid has been utilized and proven to be a useful dermal fillers owing due to its safety profile and biodegradable properties. Various manufacturers have invested in developing new and innovative technology for product development, resulting in higher quality fillers that are easier to use and better satisfaction for patients.
Which end users are expected to contribute maximum revenue share during the forecast period?
Retail pharmacies and drug stores accounted for major revenue share, which constitutes half of total market revenue owing to availability and supply of comprehensive range of dermal fillers, which ensures clinics is fully prepared for all patient for cosmetic and aesthetic medicinal procedures.
Hyaluronic Acid – The Ingredient of Choice
Hyaluronic acid remains highly preferred dermal fillers agent or ingredient, which accounts for 90% of the total market value. Injected for cosmetic volume improvements, hyaluronic acid (HA) products are garnering robust traction, on the account of being minimally invasive and showing instant results. However, given consideration mounting concerns about some of serious risks associated with HA fillers, innovations are forthcoming for safer formulations and long-lasting fillers. Apart from filling out wrinkles and creases in the patient’s skin, the next wave of HA fillers are also used as Lip fillers for lip augmentations would make skin look airbrushed or eliminate shadows on the face.
North America Maintains Supremacy, Opportunities Abound in APAC
North America leads the global adoption of dermal fillers with 50% revenue share. Once a treatment of choice for A-list celebrities, dermal fillers are becoming highly accessible with changing dynamics of beauty. With social media culture shaping new beauty trends and obsession of smooth skin reaching new heights, companies active in the dermal fillers are eyeing opportunities in Asia Pacific. The emergence of China, Japan, and South Korea as the home of the most important beauty markets with regional identities and market realities of the world is leading to realignment of stakeholders’ strategies.
Market Stakeholders to Capitalize on Booming Male Beauty Industry
The perception that facial rejuvenation procedures are for women of certain age is on the wane, and positively booming male beauty industry is opening new target audience for companies active in the dermal fillers market. An influx of male consumers or patients in the field of aesthetic restoration, in an attempt to enhance their facial features, is offering tailwinds to growth of the dermal fillers market. However, when it comes to dermal fillers, calls for increased regulations are gaining momentum, thereby compelling companies to invest in bio-remodeling innovation with no added chemicals.
Absorbable fillers remain the bestselling category
Non-absorbable continues to witness slow adoption
Hyaluronic acid accounts for 90% revenue share
Demand for collagen fillers to grow moderately
High application in aesthetic restoration
Use in reconstructive surgery to pick pace
How Growth will Unfold
In the current scenario, demand for Hyaluronic acid as well as Non-Hyaluronic acid dermal fillers in the facial aesthetics market is gaining a boost from millennial demographic becoming far more open to filler treatments and growing number of aging population looking for ways to retain their youthful skin. Use of dermal fillers in aesthetic restoration is accounting for relatively high revenue share as compared to application in reconstructive surgery and dentistry. As 7 in 10 units of dermal fillers are used in aesthetic restoration, market players are specifically focused in this category. In addition, numerous advancements in reconstructive surgery is expected to new avenues for market growth in foreseeable future.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Dermal Fillers Market Analysis 2019-2029
A recent market study published by Future Market Insights (FMI) on the dermal fillers including global industry analysis for 2014-2018 & opportunity assessment for 2019-2029, delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters of the dermal fillers market, growth prospects are obtained with maximum precision.
Dermal Fillers Market Taxonomy
The global dermal fillers is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
Product
- Absorbable
- Non-absorbable
Ingredient
- Hyaluronic Acid
- Poly-L-Lactic Acid
- Calcium Hydroxylapatite
- Polymethyl methacrylate
- Collagen
Application
- Aesthetic Restoration
- Dentistry
- Reconstructive Surgery
Distribution Channel
- Retail Pharmacies and Drug Stores
- Clinics and Hospital Pharmacies
- Online Pharmacies
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- MEA
- Japan
What's Included
The report initiates with the executive summary of the dermal fillers market, which includes a summary of key findings and statistics of the market. It also includes market size and revenue distribution of market segment of the dermal fillers market.
Readers can find the definition and a detailed segmentation of the dermal fillers market in this chapter, which will help them understand the basic information about the market.
This chapter explains the key macroeconomic factors, drivers, restraints, trends and opportunity analysis that are expected to influence the growth of the dermal fillers market over the forecast period. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.
This section includes premium insights such as regulatory scenario of Europe and the U.S, market value chain and aesthetic procedure volume. This section helps readers understand the key factors associated with the dermal fillers market.
This section explains the global market value analysis and forecast for the dermal fillers during the forecast period. This chapter includes a detailed analysis of the historical dermal fillers market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029).
Based on product type, the dermal fillers market is segmented into absorbable and non-absorbable. In this chapter, readers can find information about the key trends and developments in the dermal fillers and market attractiveness analysis based on product type.
This chapter provides details about the dermal fillers based on ingredient, and has been classified into hyaluronic acid, poly-L-lactic acid, calcium hydroxylapatite, polymethyl methacrylate and collagen. In this chapter, readers can understand the market attractiveness analysis based on ingredient.
This chapter provides details about the dermal fillers based on application, and has been classified into aesthetic restoration, dentistry, and reconstructive surgery.
This chapter provides details about the dermal fillers market based on distribution channel, and has been classified into retail pharmacies and drug stores, clinic and hospital pharmacies and online pharmacies. In this chapter, readers can understand the market attractiveness analysis based on distribution channel.
This chapter explains how the dermal fillers market will grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa (MEA).
This chapter includes a detailed analysis of growth of the North America dermal fillers market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on the application and countries in North America.
This chapter provides the growth scenario of the dermal fillers market in Latin American countries such as Argentina, Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided.
This chapter provides the growth scenario of the dermal fillers market in Western Europe in several countries such as Germany, the U.K., France, Spain, Italy, NORDIC Countries, and the Rest of Western Europe are included in this chapter.
This chapter provides the growth scenario of the dermal fillers market in Eastern Europe in several countries such as Russia, Poland and the Rest of Eastern Europe are included in this chapter.
This chapter highlights the growth of the dermal fillers in Asia Pacific excluding Japan by focusing on China, India, Australia and New Zealand, ASEAN and rest of APEJ. This section also help readers understand the key factors that are responsible for the growth of the dermal fillers market in APEJ.
This chapter highlights the growth of the dermal fillers in Japan. This section also help readers understand the key factors that are responsible for the growth of the dermal fillers market in Japan.
This chapter provides information about how the dermal fillers market will grow in major countries in the MEA region such as GCC Countries, South Africa, and the Rest of MEA, during the forecast period (2019-2029).
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the dermal fillers market, along with a detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Galderma Pharma S.A., Allergan plc. Merz Pharma GmbH & Co. KGaA, Sinclair Pharma plc, Zimmer Biomet Holdings, Anika Therapeutics Inc., Suneva Medical Inc., Teoxane Laboratories Inc., Prollenium Medical Technologies Inc., Adoderm GmbH, Laboratoires Vivacy SAS, and Fidia Pharma USA Inc.
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the dermal fillers report.
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the Dermal fillers.
How the research was conducted?
Primary Research
- Marketing Directors
- Product Managers
- Business Development Officers
- Production Managers
- Sales Executives
- Industry Experts
- Current Market Dynamics and Challenges
- Yesteryear Trends
- Market Characteristics
- Market Performance and Growth Quadrants
- Strategic Growth Initiatives
- Near-term and long-Term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity of Assumptions
Secondary Research
- Associations
- American Society of Plastic Surgery
- Cosmetic Surgery National Data Bank
- Factiva
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
Primary Interview Splits
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