About Lip Augmentation
Lip augmentations are cosmetic treatments to make the lips appear fuller and plumper. Injectable dermal fillers have been the most common form of lip augmentation in recent years. Dermal fillers come in a variety of forms and are inserted into and around the lips and teeth. However, the majority of today's common fillers are made up of substances that are nearly identical to hyaluronic acid. Hyaluronic acids are naturally occurring compounds in the body. This aids in the expansion of the lips. Hyaluronic acid fillers are also known as dermal fillers. The demand for cosmetic surgery has increased for both the older and younger population; advancements in technology and the advent of new cosmetic surgeons are the major factors driving the growth of the lip augmentation market. The lip augmentation market is growing thanks to ballooned surgeries, selfie surgeries, and a slew of other new solutions that have emerged as a result of technological advancements.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.33% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global household health care market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Lip Augmentation 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.
Suneva Medical, Inc. (United States), Galderma (Switzerland), Allergan (United States), Anika Therapeutics Inc., Merz Pharma (Germany), AQTIS Medical (Netherlands), Arion laboratories (United States), Inamed Corporation (United States), Laboratories Vivacy SAS (France) and S.A., Integra Lifesciences (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Aesthetic innovations (United States) and Korman Laboratories (United States).
Segmentation Overview
AMA Research has segmented the market of Global Lip Augmentation market by Type (Temporary and Permanent) and Region.
On the basis of geography, the market of Lip Augmentation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Product Type, the sub-segment i.e. Fat injection or Lipoinjection will boost the Lip Augmentation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Hospitals will boost the Lip Augmentation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Ballooned Surgeries and Selfie Surgeries
Market Growth Drivers:
Increase in the Demand for Cosmetic Surgery for the Older and Younger Population Alike, Upgrades in the Technology and Introduction of New Cosmetic Surgeons and Social Media and Celebrities have Made it Sound like a Routine
Challenges:
Stringent Regulations and Side Effects Related to the Lip Fillers
Restraints:
High Cost Associated With the Surgery
Opportunities:
Awareness and Acceptance of the Cosmetic Procedures and Growing Investment in R&D
Market Leaders and their expansionary development strategies
In May 2023, Galderma announced that the U.S. Food and Drug Administration (FDA) has approved Restylane® Kysse for lip augmentation and the correction of upper perioral rhytids (wrinkles around upper lips) in adults over the age of 21.1 Restylane Kysse is the first hyaluronic acid (HA) filler specifically indicated for the lips using XpresHAn Technology (pronounced ex-ˈspre-shan') globally referred to as the OBT technology (Optimal Balance Technology).
In January 2023, Allergan Aesthetics, an AbbVie company, announced the highly anticipated national launch of JUVÉDERM® VOLUX™ XC. The long-lasting hyaluronic acid (HA) filler is now available at aesthetic practices for consumers over the age of 21 with moderate to severe loss of jawline.
Key Target Audience
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.