Pune, India -- (SBWire) -- 03/10/2020 --The rising demand for minimally-invasive procedures aiding the growth of the global "dermal fillers market". Fortune Business Insights in a new report, titled "DERMAL FILLERS: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026" suggests that the global market will rise at a CAGR of 7.8% during the forecast period, 2019-2016. The growing awareness about dermal fillers treatment in developed as well as developing countries will help the market reach US$ 6,303.2 Mn by 2026.
Furthermore, the global market was worth US$ 3,471.5 Mn in 2018. According to the American Society of Plastic Surgeons (ASPS), over 15.9 million people in the U.S. underwent minimally-invasive cosmetic surgical procedures in the year 2015. The increasing efficiency of dermal fillers is encouraging the next-generation people to invest in these surgeries.
Report Highlights:
Detailed Historical Overview
Consumer and Pricing Analysis
Market Dynamics of the Industry
In-depth Market Segmentation
Historical and Projected Market Sizing in Terms of Value
Recent Market Trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage
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Key Companies and Manufacturers Covered:
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.
BioPlus Co., Ltd.
Galderma laboratories
BIOXIS Pharmaceuticals
Suneva Medical
Korman Laboratories Ltd
Sinclair Pharma
ALLERGAN
Merz Pharma
CANDELA CORPORATION
North America Leads Gains Owing to Growing Demand for Advanced Dermal Fillers
In 2018, the market in North America was worth US$ 1,596.8 Mn. Driven by the growing demand for innovative and advanced dermal fillers, the region is expected to lead global market through the forecast years. As per a study conducted by ASPS, more than 2 million people in the U.S. underwent hyaluronic acid procedures. Increasing awareness about soft tissue fillers treatment in the U.S. is expected to drive the market in North America. Extensive availability of products in this region is positively impacting the growth of the market. Apart from North America, the market in Asia Pacific is also growing substantially in the forecast years.
The rising demand for aesthetics in China and India is creating growth opportunities for the market in Asia Pacific. In addition to this, the awareness about effectiveness of dermal fillers for acne scars, lips, and cheeks is increasing gradually, which is driving the market in this region. Key market leaders in India and China are adopting strategies such as new product launches, augmenting demand for dermal fillers.
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Demand for Dermal Fillers to Rise Among Millennials Propelling Growth in the Market
Growing aging population across the world positively impacts the growth of the market. Increasing number of aged people are undergoing dermal filler therapy to uplift drooping skin and restore lost volume. Continuous support from governments to R&D initiatives and recent regulatory approvals will spur growth in the market. "The dermal fillers market is driven not only by the relative longevity of tissue fillers, but it is also predominantly driven by increasing safety profiles," said a lead analyst at Fortune Business Insights.
"Market players are constantly focusing on innovating and upgrading their product portfolio to ensure accurate and improved aesthetic outcomes for patients," he added. Driven by continuous innovations and advancements, even millennials find dermal filler treatment appealing. This will further fuel demand for dermal fillers in the forecast period.
Detailed Table of Content:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Overview of the Number of Dermal Fillers Procedures by Key Countries
Overview of Price Analysis of Types of Dermal Fillers
Overview of Regulatory Scenario by Key Countries
Overview of Reimbursement Scenario by Key Countries
New Product Launches
Pipeline Analysis
Global Dermal Fillers Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Ingredient
Hyaluronic Acid
Calcium Hydroxylapatite
Poly-L-lactic Acid
PMMA (Poly(methyl methacrylate))
Fat Fillers
Others
Market Analysis, Insights and Forecast – By Product
Biodegradable
Non-Biodegradable
Market Analysis, Insights and Forecast – By Application
Scar Treatment
Wrinkle Correction Treatment
Lip Enhancement
Restoration of Volume/ Fullness
Others
Market Analysis, Insights and Forecast – By End User
Specialty & Dermatology Clinics
Hospitals & Clinics
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
TOC Continued…
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Research Methodology:
Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders. Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
Reasons to Purchase this Report:
Estimates Dermal Fillers Market trends with SWOT analysis.
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players.
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion.
Market dynamics and opportunities for growth for players in the near future.
Competitive landscape describing the market revenue shares of key players.
Market segmentation analysis that deals with quantitative and qualitative research, discussing the influence of policy-based and economical aspects.
KEY QUESTIONS ANSWERED:
What are the key technological and Dermal Fillers Market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Dermal Fillers Market growth?
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Dermal Fillers Market 2020 Industry Growth, Share, Regional Revenue, Overview and to Key Manufacturers : BioPlus Co., Ltd., Bioxis Pharmaceuticals, Suneva Medical
Dermal Fillers Market Lobal Industry Trends, Share, Growth Factor, Regional Revenue and 2026 Forecast Research Report