19-May-2020 | Facts and Factors
Findings from Facts and Factors report “Hyaluronic Acid-based Dermal Fillers Market by Product (Single-Phase Product, and Duplex Product), and Application (Wrinkle Removal, Lip Augmentation, Rhinoplasty, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Hyaluronic Acid-based Dermal Fillers market in 2019 was approximately USD 3,423.3 Million. The market is expected to grow above a CAGR of 7.23% and is anticipated to reach over USD 6,126.3 Million by 2026.
Hyaluronic acid refers to the body's normal material. Within soft connective tissues and the fluid around the neck are also high concentrations. It also exists in most cartilage, joint fluids, and skin tissue. It is extracted and reformulated and is now among the most popular types of filler. If the word sounds familiar, that is because the same drug is often injected into the swollen joints of arthritis patients to relieve discomfort and provide extra cushioning. Because of scars, injuries, or curves, hyaluronic acid dermal fillers may be used to improve skin contour and decrease skin depression. Despite its biodegradable nature, hyaluronic acid fillers are among the most recommended injectable procedures by dermatologists worldwide. A large variety of items for various cosmetic procedures such as wrinkle removal, lip improvement, shape and contour enhancement, scar removal, hydration, and rhinoplasty are available on the market.
Growth in the hyaluronic acid-based global dermal fillers market is driven primarily by increasing demand for injection of invasive dermal fillers to eliminate wrinkles from the skin and look young. Demand development is also being observed due to the growing number of dermatology clinics in various regions across the globe. Another factor influencing the growth of the global hyaluronic acid-based dermal filler market is the increase in technology for injecting the filler into the skin coupled with the increase in consumers 'disposable income, which they can now spend in dermal filler procedures. It also makes the global demand for dermal fillers dependent on hyaluronic acid tremendously growing in the future.
Browse the full “Hyaluronic Acid-based Dermal Fillers Market by Product (Single-Phase Product, and Duplex Product), and Application (Wrinkle Removal, Lip Augmentation, Rhinoplasty, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/hyaluronic-acid-based-dermal-fillers-market-by-product
The Hyaluronic Acid-based Dermal Fillers market is segmented into product, application, and region segments. The product segment is segmented into Single-Phase products and Duplex Products. Single-phase goods dominated the market in 2019 and are expected to rise steadily over the forecast period. This can be due to advantages such as long service life and beneficial results of these goods The application segment is divided into Wrinkle Removal, Lip Augmentation, Rhinoplasty, and Others.
Geography-wise, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Due to easy product availability in this area and flexible application of the same in cosmetic and aesthetic medicinal procedures North America holds the largest market share in 2019. Improvements in healthcare facilities in countries such as China, Japan, and South Korea due to rapid economic growth have made the Asia Pacific the most lucrative market. Dermal filler procedures in these countries are in high demand and are carried out in beauty clinics and spas, particularly in urban areas.
Top key players operating in the market are Allergan, Anika Therapeutics Inc., Bioplus Co. Ltd., Bioxis Pharmaceutical, Bohus Biotech AB, Galderma Laboratories L.P, Genzyme Corporation, Laboratories Vivacy, LG Life Sciences, LTD (LG Chem), Merz Pharmaceuticals, Sculpt Luxury Dermal Fillers Ltd and Sinclair Pharma amongst others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3,423.3 Million |
Projected Market Size in 2026 |
USD 6,126.3 Million |
CAGR Growth Rate |
7.23% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Allergan, Anika Therapeutics Inc., Bioplus Co. Ltd., Bioxis Pharmaceutical, Bohus Biotech AB, Galderma Laboratories L.P, Genzyme Corporation, Laboratories Vivacy, LG Life Sciences, LTD (LG Chem), Merz Pharmaceuticals, Sculpt Luxury Dermal Fillers Ltd and Sinclair Pharma amongst others. |
Key Segment |
By Product, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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This report segments the Hyaluronic Acid-based Dermal Fillers market as follows:
Global Hyaluronic Acid-based Dermal Fillers Market: Product Segment Analysis
- Single-Phase Product
- Duplex Product
Global Hyaluronic Acid-based Dermal Fillers Market: Application Segment Analysis
- Wrinkle Removal
- Lip Augmentation
- Rhinoplasty
- Others
Global Hyaluronic Acid-based Dermal Fillers Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Rest of the Middle East & Africa
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