The global dermal filler market size was worth around USD 4.8 Billion in 2021 and is predicted to grow to around USD 11.7 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 10.5% between 2022 and 2030.
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➤ The market is expected to experience development due to the increasing demand for minimally invasive procedures.
For certain patients, one or more minimally invasive procedures, including neurotoxins, Dermal Fillers, deoxycholic acid, lasers, peels, and microneedling, may serve as effective, less invasive alternatives to surgery. Skin resurfacing techniques and injectables are employed to address a diverse array of facial issues, such as wrinkles, fine lines, loss of volume and contour, and excess fat.
➤ The market’s expansion is restricted by the exorbitant cost of treatment.
Dermal filler cosmetic therapy is a secure and popular outpatient treatment for the treatment of minor volume loss and aging indicators. Nevertheless, it is expected that the high cost of these procedures will impede the demand for them in the global dermal filler market. PMMA [Poly (Methyl Methacrylate)] costs $981, Calcium Hydroxylapatite costs $717, Fat Fillers cost $2,508, Hyaluronic Acid costs $684, Poly-L-lactic Acid costs $853, and polymethyl-methacrylate microspheres cost $1,058, according to the American Society of Plastic Surgeons. Dermal filler prices may fluctuate contingent upon the quantity and type of filler employed during the treatment. Therefore, it is anticipated that the market’s expansion will be hindered by the exorbitant cost of remedies during the forecast period.
➤ A lucrative opportunity is presented by the advancements in dermal injections.
Dermal fillers are gel-like substances that are administered beneath the skin to restore lost volume, smooth wrinkles, and soften lines. Each year, over one million individuals elect to undergo this well-known cosmetic transformation procedure in order to enhance their facial features by removing wrinkles and improving the appearance of facial lines. A successful procedure that can make you appear younger without surgery or recuperation time is dermal fillers. Dermal fillers are medications that are injected beneath the epidermis to fill in facial creases. There are numerous forms of dermal filler medications, with calcium hydroxylapatite, hyaluronic acid, polyalkylimide, polylactic acid, and others being the most commonly used. The demand for dermal fillers will be bolstered by the advancement of the brand.
➤ A significant obstacle is the scarcity of proficient professionals.
Laser-based technology, energy-based technology, and powerful pulse light are among the numerous cosmetic treatment methods. In order for any of these techniques to be employed effectively, the practitioner must have strong interpersonal skills. Furthermore, the field’s accelerated technological advancements have led to a scarcity of qualified specialists. The absence of competent experts significantly impedes the management of surgical instruments and the execution of procedures.
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The Global Dermal Filler Market is segmented based on product, application and region
Global Dermal Filler Market: Product Segment Analysis
● Biodegradable
● Non-biodegradable
Global Dermal Filler Market: Application Segment Analysis
● Dermatology Clinics
● Hospitals
● Others
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The global Dermal Filler market profiles key players such as:
● Prollenium Medical Technologies
● Suneva Medical
● Revance Therapeutics Inc.
● Anika Therapeutics Inc
● FillMed Laboratories
● Ipsen Pharma
● BIOXIS Pharmaceuticals
● Zhejiang Jingjia Medical Technology Co. Ltd.
● Zimmer Aesthetic
● Medytox
● Contura International ltd.
● Shanghai Reyoungel Medical Technology Company Limited
● Galderma Laboratories
???? Recent Developments:
• Galderma announced that data supporting its aesthetics portfolio and pipeline would be presented at the virtual American Society for Dermatologic Surgery (ASDS) 2021 Annual Meeting, which took place from November 19–21, 2021. Eight abstracts from investigator-initiated and Galderma-sponsored trials were accepted, including one oral presentation of an abstract on the safety of hyaluronic acid (HA) filler.
• Sinclair Pharma announced in April 2022 that its Perfectha Lidocaine wrinkle-reduction, facial contouring, and volume-restoration solutions have been awarded the Eu.
➤ The market is anticipated to be dominated by North America during the forecast period.
North America is expected to dominate the global dermal filler market for the duration of the anticipated period. One element of this region’s dominance is its highly self-aware and financially secure populace. For example, the American Society of Plastic Surgeons (ASPS) reported that 15.6 million cosmetic procedures were performed in the United States in 2020. Furthermore, it is anticipated that the region’s expansion will be stimulated by regulatory approvals and the introduction of new products during the projected period.
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