July 28, 2020
According to the research report titled ‘Global Dermal Fillers Market: Analysis By Product Type, By Material , By Application, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)-- By Application (Facial Line Correction, Lip Enhancement, Others), By Region (North America, Europe, APAC, ROW), By Country (available with Market Study Report LLC, global dermal fillers market is anticipated to showcase a CAGR of 9.32% between 2019 and 2024.
Surging investments in R&D activities and subsequent technological advancements have enhanced the availability of soft tissue fillers, which in turn is a major factor driving global dermal fillers market growth. Shifting preference towards non-invasive cosmetic treatments and rising per capita income are further fueling the market expansion.
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Based on product landscape, the market is segmented into non-biodegradable and biodegradable. The report states that biodegradable segment accounted for a significant market share in the year 2018 and is expected to grow continuously during the forecast duration.
In terms of material type, the industry is split into PMMA, calcium hydroxylapatite, poly-l-lactic acid and hyaluronic acid. Elaborating on the application spectrum, worldwide dermal fillers market is bifurcated into lip enhancement, facial line correction, and others.
Considering the geographical landscape, global dermal fillers market is fragmented into Asia-Pacific, Europe, North America and rest of the world. As per the report, India, China, France, Italy, Canada and the U.S. are the point of focus.
North America held a considerable market share in the year 2018 and is predicted to witness similar growth in the forthcoming years. On the other hand, the report cites that Asia-Pacific dermal fillers industry is poised to accumulate substantial revenues in the ensuing years. Improving economic conditions as well as healthcare infrastructure along with large consumer base are favoring the market scenario in Asia-Pacific.
The research report on global dermal fillers market offers top-notch information regarding the industry size and share while highlighting the growth factors impacting the business vertical. It also provides crucial insights pertaining to growth opportunities and restraining factors prevailing in the business space. The report entails various marketing strategies deployed by major companies to improve their stakes.
Speaking of which, the major contenders in global dermal fillers market are Laboratoires Vivacy, Dr. Korman Laboratories Ltd., Bioha Laboratories, Teoxane Laboratories, AQTIS Medical BV, Suneva Medical Inc., Advanced Aesthetic Technologies Inc., Merz Pharma GmbH & Co. KGaA, Galderma SA, and Allergan Plc among others.