Dermal Fillers Market Projected To Grow With Significant CAGR Over The Forecast Period
Posted: May 03, 2018
Global Dermal Fillers Market: Dermal fillers are implants regulated and approved by U.S. FDA. Dermal fillers are used in the treatment of wrinkles, deep lines and fold correction on the face. They are used in anti-aging practices to camouflage the look such as wrinkles around eyes and nose also remove the folds on cheeks and chin area. Dermal fillers help in lifting the sagging skin and make the skin look younger and firm. The dermal fillers are injectable gels are composed of synthetic and natural substances like hyaluronic acid.
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Dermal fillers are in rage due to its increase in demand and WHO has stated that more than 2 billion of the global population will be 60 years or more by 2050. This factor is contributing to the growth of the global dermal fillers market. The population over 40 and above develop wrinkles around eyes, nose, and mouth, this is due to aging. The growing geriatric population has common problems such as sagging skin with wrinkles and crow’s feet near the eyes. Dermal fillers are an excellent option when anyone wants to opt for non-invasive methods, as they are less painful and faster process. It alters and corrects various facial problems and other body parts without going under the knife. But with that being said, the high cost and infections with dermal fillers are the major setbacks involved in the growth of the dermal fillers market.
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Dermal fillers market is categorized on the basis of product type, ingredient and distribution channel
1. Product type
- Absorbable Dermal Fillers
- Non-Absorbable Dermal Fillers
2. Ingredient used
- Hyaluronic Acid (HLA)
- Poly-L-Lactic Acid (PLA)
- Calcium Hydroxylapatite (CaH)
- Polymethylmethacrylate (PMMA)
3. Distribution channel
Retail Pharmacies, Drug Stores, Beauty Clinics and online pharmacies.
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According to the geographical region division, there are five major marketing areas such as Latin America, Middle East and Africa, Asia-Pacific, Europe and North America. North America holds the largest share of dermal fillers market (injectable fillers) followed by Europe and the Asia Pacific. The Asia-Pacific market has more demands of hyaluronic acid (HA), particle and polymer fillers (PPFs) and collagen dermal fillers. The demand for injectable or dermal fillers has been growing because of constant patient demand. The physicians are too opting for injectable dermal fillers rather than other cosmetic procedures. The dermal fillers market is filled with excellent fillers among them the best is produced by Allergan plc (Ireland), Aqtis Medical (Canada), Suneva medical (U.S.), Galderma (Nestle) (Switzerland), Syneron Inc. (US), etc.
In 2017, Allergan launched Juvederm which is an injectable filler for improving the skin appearance which lasts up to 9 months with just one session of treatment. The Juvederm ultra xc injection is used for lip augmentation in adults over 21 years is approved by U.S. FDA.
The global dermal or injectable fillers market is expected to grow at a compelling rate due to safer and simple methods adoption in performing the actual dermal fillers to the patients. According to the American Society of Plastic Surgeons, the cosmetic demographics of 2007 says that the patient ethnicity plays a huge role in the dermal fillers market. Asian Americans, African-Americans, Hispanics are the top three contenders for the fillers procedures and contributes to the dermal fillers market. According to 2015 statistics, there has been an increase in the demand of dermal fillers by 8%.
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