June 23, 2021
According to the research report titled ‘Global Aesthetic Filler Market 2019-2028’, available with Market Study Report, global aesthetic filler market is projected to register a y-o-y growth rate of 10.35% during 2019-2028.
A rise in healthcare expenditure, increasing elderly population, and growing acceptance of tissue fillers are bolstering the demand for aesthetic fillers, thereby impelling the market growth. In addition to this, rising male population undergoing cosmetic procedures, along with increasing awareness about cosmetic surgeries are generating lucrative prospects for the business scenario.
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On the downside, high cost of procedures, in consort with presence of unregistered practitioners which leads to medical concerns are restraining the worldwide aesthetic filler market progression.
Based on product type, the industry is segmented into wrinkle relaxers and dermal fillers. The dermal fillers segment is further classified into collagen, fat injection, hyaluronic acid, polylactic acid, polymethyl methacrylate microspheres, calcium hydroxylapatite, and other products.
Speaking of application ambit, global aesthetic filler marketplace is divided into facial line correction, face lift, lip treatment, lipoatrophy treatment, acne scar treatment including other applications.
Considering the geographical analysis, aesthetic filler industry dynamics spanning across North America, Latin America, Middle East & Africa, Europe, and Asia-Pacific are thoroughly entailed in the report to enable readers to identify profitable prospects for investment.
Expert analysts cite that Asia-Pacific market is likely to display strong growth patterns over the forecast period, on account of growing number of cosmetic surgeries in China. The younger population between the age of 20 to 40 years in China, prevalently men, are undergoing cosmetic procedures, thereby enhancing the demand for aesthetic fillers, which is augmenting the market outlook in the region.
Leading players in worldwide aesthetic filler industry are Bioha Laboratories, Anika Therapeutics Inc., Teoxane Laboratories, Suneva Medical Inc., Sinclair Pharma, Sculpt Luxury Dermal Fillers Ltd., Merz Pharma GmbH & Co. KGaA, Laboratoires Vivacy SAS, Galderma S.A., Allergan Inc., Ipsen, Zhejiang Jingjia Medical Technology Co. Ltd., Prollenium Medical Technologies Inc., Contura International Ltd., and BIOXIS Pharmaceuticals.