Global Dermal Fillers Market is expected to grow at the CAGR of ~12.5% during the forecast period and is estimated to reach USD 10,008.4 million by 2023.
Dermal Fillers Market – Key Players
ALLERGAN (Republic of Ireland), Dr. Korman Laboratories (Israel), GALDERMA (Switzerland), Integra Lifesciences (US), Merz Pharma (Germany), Sinclair Pharma (UK), and Teoxane laboratories (Switzerland). The major players focus on the development of products useful for particular segment such as nutritional products for adults, children and geriatric population. The major players focus on the development of products useful for particular segment such as nutritional products for adults, children and geriatric population.
- Botulinum toxin segment accounts for the largest market share in the global dermal filler market while Hyaluronic Acid segment is projected to grow at a CAGR of 13.0% during the forecast period from 2017 – 2023.
- Facial line correction treatment segment accounts for the largest market share in the dermal filler market by application, this market is expected to reach US$ 4,319.0 in 2023
- Americas market is expected to reach US$ 3,769.6 by 2023
Dermal Fillers Market – Key Developments
Strategic approaches adopted help the major players in the market to sustain their growth and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players. This help the companies to reach untapped markets in developing nations of the worlds, thus reducing the supply demand gap.
Allergan has a wind range of products which provides efficient treatment for the central nervous system, eye care, medical aesthetics and dermatology, gastroenterology, women’s health, urology and anti-infective therapeutic categories
June 2017: Allergan announces launch of artificial tear refresh optive mega-3.
June, 2017: Allergan announced the acquisition of Keller Medical, adding Keller Funnel to co’s leading plastic surgery portfolio.
March 2017: Allergan and Editas Medicine enter into strategic research and development alliance. This alliance is to discover and develop Crispr Genome editing medicines for eye diseases.
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Dermal Fillers Market – Segments
Global Dermal Fillers market has been segmented on the basis of type which comprise botulinum toxin, hyaluronic acid, polymers & particles, and collagen.
On the basis of application, it is segmented into facial line correction treatment, face-lift, and lip treatments, and others.
Sources: OIE International Society of Aesthetic Plastic Surgery (ISAPS), Plastic Surgery Center (PSC), Europe PMC, The European Aesthetic Guide, World Health Organisation (WHO), Australasian Academy of Facial Plastic Surgery (AAFPS), Directorate of Industries, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation
Dermal Fillers Market – Overview
The Global Dermal Fillers Market is expected grow at a fast pace owing to an increasing trend of using anti-ageing treatments, and demand for various devices for dermatology procedures in the market. Rising awareness about skin care and extensive demand for diagnostic and treatment services for skin diseases also influence the growth of the market. Global dermal fillers market is expected to grow at the CAGR of ~12.5% during the forecast period and is estimated to reach USD 10,008.4 million by 2023.
Technological advancement further determines the development of dermal fillers market as the key players are now engaged in product differentiation strategy, which is important to sustain the company`s growth and strength its geographical presence.
Dermal Fillers Market – Regional Analysis
Considering the global scenario of the market, Americas are the top contributors in this market. The Americas mainly include North America and Latin America. Due to large amount of money invested R&D and technological advanced products, US dermal fillers market was valued USD 1,074.0 million in 2016. Due to rapid adoption of new products and advanced therapies, Europe is the second largest market for Dermal Fillers and is expected to reach USD 10,008.4 million by 2023. France is dominating this market while UK is the fastest growing dermal fillers market. Asia Pacific is witnessing rapid growth in this market which is mainly due to rapidly increasing awareness of treatments, and rising healthcare expenditure. Asia Pacific dermal fillers market is expected to grow at a CAGR of 13.1% during the forecast period. Middle East & Africa is expected to have limited growth. Middle East is dominating this market by holding 79.4% of the market share.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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