What is Oculo Facial Rejuvenation?
Oculofacial rejuvenation is done to improve the tightness of skin around the eyes. Enhancing or correcting the shape of eyebrows and wrinkles around the eyes are common procedures done in orbital or ocular rejuvenation. Oculofacial surgeons are focused on developing non-invasive procedures as a response to increasing patient demands for improved results. Technology advancements have brought us multiple lights and injectable therapeutic modalities for tightening the skin, filling and relaxing wrinkles around the eyes. The growing demand for minimally invasive procedures and minimal downtime with no or minimal adverse effects is expected to drive the oculofacial rejuvenation market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Allergan (Ireland), Ipsen Pharma (France), Pfizer Inc (United States), Merz Pharma Gmbh & Co. Kgaa (Germany), Anika Therapeutics Inc. (United States), Cynosure Inc (United States), Revance Therapeutics Inc. (United States), Fibrocell Inc. (United States), Elanse (United States), Medytox (South Korea), Shandong Lightyear Biotechnology Co., Ltd. (China) and Quanta System S.p.A (Italy) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Botulinum toxin, Filling agents, Chemical peels and Lasers) , by application (Dermatology Clinics, Hospitals and Specialty Clinics) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Oculo Facial Rejuvenation market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Oculo Facial Rejuvenation market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Allergan (Ireland), Ipsen Pharma (France), Pfizer Inc (United States), Merz Pharma Gmbh & Co. Kgaa (Germany), Anika Therapeutics Inc. (United States), Cynosure Inc (United States), Revance Therapeutics Inc. (United States), Fibrocell Inc. (United States), Elanse (United States), Medytox (South Korea), Shandong Lightyear Biotechnology Co., Ltd. (China) and Quanta System S.p.A (Italy).
Market Overview:
In June 2022, Ipsen and Epizyme today announced that they have entered into a definitive merger agreement under which Ipsen will acquire Epizyme. The transaction was unanimously approved by both Ipsen and Epizyme Boards of Directors and is anticipated to close by the end of the third quarter of 2022, subject to the satisfaction of all closing conditions. Epizyme is a fully integrated, commercial-stage biopharmaceutical company developing and delivering transformative therapies against novel epigenetic targets for cancer patients.
The No Surprises Act, establishing new federal patient cost-sharing protections for certain services provided by out-of-network providers and facilities, became generally effective in January 2022. The Centers for Medicare and Medicaid Services (CMS) has developed a centralized site where it will be posting future No Surprises Act implementation documents.
The oculofacial rejuvenation market will rapidly grow over the forecast period owing to increased demand for cosmetic facial corrections with intense results with a short recovery time. A rise in the number of minimally invasive cosmetic procedures along with high per capita disposable income will further make these regions a lucrative market. Also, the presence of many local key players in these regions expands the growth of the oculofacial rejuvenation market.
Oculo Facial Rejuvenation Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Unhealthy Lifestyle Habits
- Rise In the Number of Minimally Invasive Cosmetic Procedures
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Major Trends | - Preference Of Clinically Proven Products Among Patients Has Increased
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Restraints | - Filling Agents and Chemical Peels Are Expensive
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Road Blocks / Challenges | - Lack Of Skilled Physicians
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Gaps & Opportunities | - Growing Technology Advancements in Developing Minimally Invasive Techniques
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Key highlights of the Global Oculo Facial Rejuvenation market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Oculo Facial Rejuvenation market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Oculo Facial Rejuvenation market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Oculo Facial Rejuvenation Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Oculo Facial Rejuvenation market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Oculo Facial Rejuvenation market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Providers of Oculo Facial Rejuvenation, Governmental and Regulatory bodies and End-Users.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.