Dermal Fillers Market is expected to rise at a CAGR of 7.44% in the forecast period, 2022-2030

The global dermal fillers market was valued at USD 4.98 billion in 2021. The market is expected to grow at a CAGR of 7.44% during the forecast period to reach USD 9.45 billion by 2030. Rising Interest in Cosmetic Operations Globally Fuels the Market.
 
NAVI MUMBAI, India - Aug. 23, 2022 - PRLog -- The global dermal fillers market was valued at USD 4.98 billion in 2021 and it is the need for minimally invasive aesthetic procedures, particularly in developed nations, is a major factor in the market's growth. The global dermal fillers market is expected to grow at a CAGR of 7.44% during the forecast period to reach USD 9.45 billion by 2030. High patient satisfaction from product development will also have a beneficial effect on product demand during the predicted period. In the coming years, it is anticipated that ongoing advancements in filler materials will have an impact on the market expansion. Numerous products intended for particular facial regions have received FDA approval, enabling dermatologists to provide clients with specialized care.

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SEGMENT OUTLOOK:

The global dermal filler market is segmented based on application, product, and end-users.

By Application Outlook:

Based on application, the dermal filler market is segmented into scar treatment, wrinkle correction treatment, lip enhancement, restoration of volume/fullness, and others.

Based on the product, the dermal filler market is segmented into biodegradable and non-biodegradable. The segment that uses biodegradable materials is predicted to have the largest market share over the forecast period.

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Based on the end-users, the dermal fillers market is segmented into specialty & dermatology clinics, hospitals & clinics, and others. During the forecast period, it is anticipated that the specialty & dermatology clinics category will dominate. A significant number of aesthetic operations performed in dermatology and specialty clinics are responsible for the segment's dominance.

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On the basis of geography, the dermal fillers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Recent Developments:
  • In March 2021, with a modified administration regimen, Galderma announced the reintroduction of Sculptra (injectable Poly-L-lactic acid) in Europe.
The following are some of the major market players operating across the globe:

o    Galderma Pharma S.A.

o    Sinclair Pharma PLC

o    Zimmer Biomet Holdings

o    Allergan PLC.

o    Merz Aesthetics

o    Anika Therapeutics

o    Suneva Medical Inc.

o    Laboratories Vivacy SAS

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