The dermal fillers market is anticipated to grow by US$6,899.16 Million by 2025 rapidly growing at a CAGR of 13.2% during the forecast period. The global dermal fillers market is driven by an increase in per capita disposable income, cost-effective alternatives to cosmetic surgeries, and an increasing number of plastic surgeons. These factors have helped shape the dermal fillers market and are expected to boost growth. Companies in the dermal fillers market could also face challenges such as the black market of dermal fillers and side effects associated with dermal fillers. The details covered in the dermal fillers market report cover all the aspects of the industry. dermal fillers market analysts have also shared growth projections in the report and have suggested dermal fillers market players to plan growth strategies accordingly.
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Market Segmentation
The global market for dermal fillers has been segmented into two distinct parts. Both of these and their respective sub-divisions are listed as below:
Applications – Lip treatments, facial line correction treatment and face-lift. Amongst the three, facial line correction treatment holds the largest share of the market and it will continue to grow in the projection period as well. By 2023, it is expected to reach the figure of USD 4,319 million.
Types – Polymers & particles, collagen, botlinum toxin and hyaluronic acid. Out of these botulinum toxin sub-segment dominates the market with majority of the market shares. On the other hand hyaluronic acid is expected to progress rapidly at the CAGR of 13.0%.
Competitive Landscape
The dermal fillers market is supported by growing number of medical aesthetic facilities providing aesthetic services and the rise of innovative skincare products. The population growth around the world and increasing demand of dermal fillers market based services and products also support the market growth. However, the dermal fillers market growth can be affected due to side-effects associated with dermal fillers and limited developments in technology in some countries. The report covers all such details which will help companies in the dermal fillers market to strengthen their business plan and improve their product portfolio. The dermal fillers market research report also provides company profiles of major companies. The company profile of organizations operating in the dermal fillers market discusses strategies, growth plans, size, revenue, and mergers and acquisition details of top companies in the dermal fillers market. New entrants and established players can plan their strategies based on this data provided in the dermal fillers market research report.
Market Players & Key Strategies
Some of the most renowned and reliable players of this market can be listed as Integra Lifesciences, ALLERGAN, Teoxane laboratories, Dr. Korman Laboratories and Sinclair Pharma.
All of these players continuously evolve according to the market standards to have an edge over competition. Apart from that, they also employ certain strategies like strategic alliances, acquisitions, and investment in research and development.
1 EXECUTIVE SUMMARY
1.1 OVERVIEW 13
1.1.1 MARKET SYPNOSIS 14
2 MARKET INTRODUCTION
2.1 SCOPE OF THE STUDY 15
2.2 RESEARCH OBJECTIVE 15
2.3 LIST OF ASSUMPTIONS 15
3 RESEARCH METHODOLOGY
3.1 OVERVIEW 17
3.2 DATA MINING 17
3.3 SECONDARY RESEARCH 18
3.4 PRIMARY RESEARCH 19
3.4.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 19
3.4.2 BREAKDOWN OF PRIMARY RESPONDENTS 20
3.5 FORECASTING TECHNIQUES 20
3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 21
3.6.1 BOTTOM-UP APPROACH 22
3.6.2 TOP-DOWN APPROACH 23
3.7 DATA TRIANGULATION 24
3.8 VALIDATION 24
4 MARKET DYNAMICS
4.1 OVERVIEW 25
4.2 DRIVERS 26
4.2.1 GROWING DEMAND FOR FACIAL AESTHETICS GLOBALLY 26
4.2.2 INCREASING NUMBER OF AESTHETIC PROCEDURES PERFORMED BY PLASTIC SURGEONS 26
4.2.3 COST-EFFECTIVE ALTERNATIVE TO COSMETIC SURGERIES 26
4.2.4 RESTRAINTS 28
4.2.5 SIDE-EFFECTS ASSOCIATED WITH DERMAL FILLERS 28
4.2.6 BLACK MARKET OF DERMAL FILLERS AND EFFECTS OF UNREGISTERED PRACTITIONERS 29
4.3 OPPORTUNITIES 30
4.3.1 INCREASING NUMBER OF CLINICAL TRIAL STUDIES 30
4.3.2 RISING DEMAND FOR MINIMALLY INVASIVE PROCEDURES 30
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