Facial Rejuvenation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024
The global face rejuvenation market is mainly being driven by the early onset of various aging effects on a majority of people all over the globe.
Sarasota, FL -- (SBWire) -- 09/13/2018 --Global Facial Rejuvenation Market: Overview
Facial rejuvenation is a mixture of various medical and cosmetic procedures which are used in order to restore a youthful appearance to the human face. It can be achieved through non-invasive or minimally invasive surgical or non-surgical procedures. The treatment aims at restoring the skin elasticity and also plays a vital role in skin protection from sun damage.
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Global Facial Rejuvenation Market: Growth Factors
The global facial rejuvenation market is mainly being driven by the early onset of various aging effects on a majority of people all over the globe. Even though the treatment requires a lot of invasive procedures but the pain involved is very less, which has likely attracted many of the customers. Men who are fashion industry professionals, along with women are becoming the key consumers. Due to the fear of multiple cosmetic surgeries and the deformities that come along with it, there is a shift in the attention towards facial rejuvenation. Other factors like rising in disposable income, increasing lifestyle changes, growing importance of medical aesthetics, easier access to the treatments, and rising demand for quick results and shorter treatment durations are anticipated to flourish the global market for facial rejuvenation. However, improper standardization of regulations for the treatment poses a real threat to the global facial rejuvenation market. Lack of documented evidence about the product efficacy is likely to lead to confusion among the customers. Also, unavailability of trained professionals and the growing presence of fake and faulty surgery products in the market is expected to hinder the growth of facial rejuvenation.
Global Facial Rejuvenation Market: Segmentation
The global facial rejuvenation market is segmented into the type of product and end users or application. Based on the product type, the market can be classified into dermal fillers, botulinum, chemical peels, laser surfacing treatments, micro abrasion equipment and topical products such as sunscreens, moisturizers, retinoid, and hair removal creams. The botulinum products are the highest gaining segment in the market with 35-40% of the share. Depending on the end-users, the market is further divided into hospitals and dermatology clinics. The latter application leads the market due to its treatment advising and easier access to drugs.
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Global Facial Rejuvenation Market: Regional Analysis
North America rules the global facial rejuvenation market with an overall 75-80% of the total share. This domination is expected to be lead by the changing lifestyle, increased spending on aesthetic procedures, and technical advancements in media and entertainment industry in countries like U.S. and Canada. The market in Europe and Latin America is anticipated to develop significantly owing to the increasing disposable income coupled with the presence of advanced healthcare and medical facilities. In Asia-Pacific, the market is likely to witness a rapid expansion due to the increasing health awareness regarding various skin problems and a suitable number of companies being set up in the region in the coming years.
Global Facial Rejuvenation Market: Competitive Players
Some of the leading operators in the global facial rejuvenation market include Merz GmbH & Co KGaA, LUMENIS, Biopolymer GmbH & Co KGaA, Revance Therapeutics Inc., Contura International A/S, Anika Therapuetics Inc., Fibrocell Inc., Gal Derma S/A, and Cynosure Inc. among others.
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Global Facial Rejuvenation Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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