April 12, 2021
According to the recent research report titled ‘GLOBAL Aesthetic Filler Market 2019-2028’, available with Market Study Report, global aesthetic filler market size is projected to expand at 10.35% CAGR during 2019-2028.
Increasing healthcare expenditure, booming aging population, growing adoption of tissue fillers, surging product demand are the key factors driving global aesthetic filler market growth. In addition, advancements in facial rejuvenation, increasing beauty consciousness, and rising disposable income are also contributing to the overall market outlook.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3552534/
Considering the restraints, factors such as hefty cost of procedure and negative impact of unregistered practitioners are anticipated to impede worldwide aesthetic filler industry expansion. Moreover, challenges arising from reimbursement issues, social stigma, and rapidly evolving technologies are likely to have a negative impact on the business scenario.
Based on product type, global aesthetic filler market is divided into wrinkle relaxers and dermal fillers (calcium hydroxyapatite, polymethyl methacrylate microspheres (PMMA), polylactic acid, fat injection, hyaluronic acid, and collagen). With respect to application scope, the industry is bifurcated into lipoatrophy treatment, acne scar treatment, face lift, lip treatment, facial line correction, and others.
From the regional perspective, Asia Pacific aesthetic filler industry is slated to grow substantially through 2028, attributable to increasing number of cosmetic procedures with growing male customers in China. Younger population in the country is mostly influenced by westernized appearances, leading to more cosmetic procedures.
Facelift and eyelid surgery are the most common cosmetic procedures among the different procedures available. Mounting demand for facial surgeries, as a result of more people between the ages of 20 and 40 undergoing cosmetic surgery is further adding to the industry potential.
Key players swaying global aesthetic filler market dynamics Zhejiang Jingjia Medical Technology Co. Ltd., Ipsen, Sculpt Luxury Dermal Fillers Ltd., Prollenium Medical Technologies Inc., Contura Ltd., BIOXIS Pharmaceuticals, Bioha Laboratories, Anika Therapeutics Inc., Teoxane Laboratories, Suneva Medical Inc., Sinclair Pharma Ltd., Merz Pharma GmbH & Co. KGaA, Laboratories VIVACY SAS, Galderma S.A. (EQT), and Allergan plc (AbbVie Inc.).
Amongst them, Allergen, headquartered in Ireland, is a multinational pharmaceutical corporation focused on developing and marketing branded regenerative drugs, pharmaceutical device, biologic, and surgical products for patients. Its product range includes medical women's health, aesthetics and dermatology, and eye care among others.