About Dermal Fillers
Dermal filler is a treatment method used to remove wrinkles and help restore fullness in the face by injecting a tiny needle. This method is mostly used by aging people but recently there has been increasing in young people opting for this service. With people losing facial charm owing to changing lifestyle and improper diet, the demand for dermal fillers treatment will continue to rise as focus on physical appearance keep growing. However, dermal fillers are not allowed to treat certain body parts, which acts as a restraint for the very market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dermal Fillers is a fragmented market due to the presence of various players. The many changes within the industry underscore the fact that there is an increasingly more competitive landscape. The players are focusing on planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Dermal Fillers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allergan PLC [Ireland], Merz Aesthetics [United States], Galderma Laboratories (Nestle) [Switzerland], Bioform Medical, Inc [United States], Cynosure [United States], Syneron [United States], AQTIS Medical [Netherlands], Bioha Laboratories [China], Suneva Medical [United States], Cytophil, Inc. [United States], Medytox [South Korea], ABG Lab, LLC [United States], Bioscience [Germany], Sinclair Pharma Ltd [United Kingdom], Laboratoires VIVACY [France] and CMed Aesthetics S.r.l. [Italy] are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dermal Fillers market by Type (Temporary Fillers (Collagen, HA and Collagen Stimulators), Semi-Permanent Fillers (CaHa) and Permanent Fillers (PMMA and PAAG)), Application (Facial Line Correction Treatment, Acne Scar Treatment, Lip Enhancement, Tech Neck Wrinkles, Hand Rejuvenation, Chin and Jaw Sculpting, Earlobes Tightening and Others) and Region.
On the basis of geography, the market of Dermal Fillers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Southeast Asia, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End Users, the sub-segment i.e. Hospitals will boost the Dermal Fillers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category, the sub-segment i.e. Natural will boost the Dermal Fillers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Retail Pharmacies and Drug Stores will boost the Dermal Fillers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Biodegradable will boost the Dermal Fillers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Micro-Botox Goes Mainstream and Shift from Face to Other Body Parts Treatment
Market Growth Drivers:
Rise in Number of People Opting for Treatment to Cure Facial Wrinkles and Scars and Non-evasive Nature of Treatment and Short Time Span Needed to Perform
Challenges:
Risk of Infection at the Injection Site and Availability of Alternative Surgical Methods
Restraints:
High Cost Involved in Treatment and Stringent Regulation on Use of Dermal Filler to Increase the Size of Certain Body Parts such as Breast, Buttocks, Feet Fullness
Opportunities:
Growing Disposable Income in Emerging Countries and Rising Popularity of Dermal Fillers Treatment Among Millennial
Market Leaders and their expansionary development strategies
In October 2020, Allergan Aesthetics, an AbbVie company, announced that it has entered into an agreement with Luminera, a privately held, aesthetics company based in Israel with a portfolio and pipeline of dermal filler products. and Allergan Aesthetics acquired Luminera's full dermal filler portfolio and R&D pipeline further enhancing Allergan Aesthetics' leading dermal filler portfolio with its JUV DERM® collection of fillers.
In May 2023, Allergan's new skin-smoothing product gets FDA nod with novel delivery mechanism.
FDA has approved dermal fillers made from absorbable or temporary material can be used to correct moderate to severe facial wrinkles. While the non-absorbable material is allowed for correction of nasolabial folds and cheek acne scars in patients over the age of 21 years. Also, FDA has approved the use of dermal filler for purpose such as hand augmentation. However, the regulatory agency bars dermal filler from being used in breast augmentation, increasing size of the buttocks, increasing fullness of the feet, and implant into bone, tendon, ligament or muscle.
Key Target Audience
Dermal Fillers Treatment Services Providers, Healthcare Industries, Government Agencies, Potential Investors, Research Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.