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The key highlights of the report include:
Market Overview (2018-2028)
Dermal filler adoption has recently been revolutionised by continuous advancements in fillers, such as variations in materials used and length of outcome. The global market size has been increasing as the demand for aesthetic medicine grows exponentially in both developed and developing countries. Furthermore, rapid advancements in cosmetology and dermatology have helped the urban population, which is primarily concerned with skin aesthetics and appearance. As a result, the dramatic increase in demand for medical aesthetics would present an appealing potential for market expansion over the forecast period.
Industry Definition and Major Segments
Dermal facial filler (also known as injectable cosmetic filler or injectable facial filler) is a soft tissue filler that is injected into the skin at various depths to smooth out lines, add thickness, and augment facial features.
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Based on the material type, the market is segregated into:
Temporary fillers segment can be further divided on the basis of material type into collagen, HA, and collagen stimulators. Semi-permanent fillers segment is further segmented based on material type into CaHa. Permanent fillers segment can be further bifurcated on the basis of material type into PMMA and PAAG.
The market can be segregated on the basis of product origin into:
Regionally, the industry is divided into:
Market Trends
Recently, some key industrial developments have shown the potential to become drivers of the growth of the market over the forecast period. For instance, Allergan plc announced in September 2019 that Juvéderm VOLUMA XC with TSK STERiGLIDE cannula had obtained FDA approval for cheek augmentation in people over the age of 21. The goal of the HA dermal filler is to correct age-related volume loss in the mid-face. The approval is expected to increase demand for the Juvéderm filler family.
Key Market Players
The major players in the market are Allergan, Merz Pharma, Suneva Medical, SciVision Biotech Inc., Galderma SA, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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