USD 5.05 billion
Global Dermal Fillers Market Size, Share, Growth Analysis, By Material(Hyaluronic Acid, Calcium Hydroxylapatite), By Product(Biodegradable, Non-Biodegradable), By Application(Scar Treatment, Wrinkle Correction Treatment), By End-user(Specialty & Dermatology Clinics, Hospitals & Clinics), By Gender(Male, Female) - Industry Forecast 2024-2031
Report ID:
SQMIG35A2642 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
146 |
Figures:
78
Global Dermal Fillers Market Insights
Dermal Fillers Market size was valued at USD 5.05 billion in 2019 and is poised to grow from USD 5.42 billion in 2023 to USD 9.6 billion by 2031, growing at a CAGR of 7.4% in the forecast period (2024-2031).
The rise in the prevalence of early skin aging, as well as the surge in demand for minimally invasive surgical procedures, are driving growth in the global dermal filler market. Furthermore, an increase in demand for dermal filler procedures, an increase in the number of dermal filler industries offering various dermal filler products, and an increase in the number of product approvals by various major players boost the dermal filler market growth.
Rising adoption of injectable fillers among the male population is thriving the market growth. Although males remain a minority of clients in most marketplaces, the proportion of men using aesthetics services is increasing, particularly in North America and Europe, as well as in wealthier socioeconomic groupings. Men accounted for 10% of the neuromodulator market in 2019, rising to 15% by 2031. Similarly, men accounted for 5% of all dermal filler and biostimulator users in 2019, with that figure expected to rise to 7% by 2031. Neuromodulators currently have a market penetration of roughly 5%, whereas dermal fillers and biostimulators have a market penetration of 4%.
US Dermal Fillers Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hyaluronic Acid
Fastest Growth
Hyaluronic Acid
Growth Rate
7.4% CAGR
Global Dermal Fillers Market ($ Bn)
Country Share for North America Region (%)
Global Dermal Fillers Market By Material ($ Bn)
Global Dermal Fillers Market By Material (%)
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Global Dermal Fillers Market Segmental Analysis
Global Dermal Fillers market is segmented on the basis of material, product, application, end-user, gender, and region. By material, the market is segmented into hyaluronic acid, calcium hydroxylapatite, poly-L-lactic Acid, PMMA (Poly (Methyl Methacrylate)), fat fillers, others. By product, the market is segmented into biodegradable and non-biodegradable. By application, the market is segmented into scar treatment, wrinkle correction treatment, lip enhancement, and restoration of volume/fullness. By end-user, the market is segmented into specialty & dermatology clinics, hospitals & clinics, others. By gender, the market is segmented into Male and Female. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Dermal Fillers Market Analysis by Material
The hyaluronic acid (HA) segment dominated the dermal fillers market in 2021 and is projected to maintain its growth throughout the forecast period. The increased demand for hyaluronic acid-based products is primarily driven by their safety and longevity. Furthermore, advances in hyaluronic acid-based dermal filler technologies for wrinkle treatment, as well as an increase in cosmetic procedures, new product launches, and an aging population, are likely to drive segment expansion over the forecast period. For example, the total number of adults over the age of 65 in Mexico in 2020 was 57,13,086 according to the Mexico National Institute of Statistics and Geography's Population and Housing Board Census 2020. As wrinkles become more common with age, the aging population prefers such operations. Furthermore, the US Food and Drug Administration (FDA) announced the approval of RHA Redensity, a novel dermal filler to minimize the appearance of wrinkles, in January 2022. RHA Redensity is a gel implant or dermal filler made of sodium hyaluronic acid that is injected into particular areas of facial tissue to smooth out lines and wrinkles. As a result, such occurrences are expected to propel segment expansion during the forecast period.
Global Dermal Fillers Market By Material, 2023 (%)
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Global Dermal Fillers Market Regional Insights
North America region dominated the dermal fillers market in 2021 and is expected to maintain its dominance throughout the forecast period. A highly aware and economically stable populace, as well as a significantly higher number of cosmetic treatments performed in the region, are some of the reasons for this region's dominance. In 2021, 1.8 million dermal filler treatments were performed in the United States. Additionally, regulatory clearances and new product launches are likely to support the region's growth during the forecast period.
Asia Pacific is expected to witness the fastest growth rate throughout the forecast period. The expansion of healthcare infrastructure in Asian countries, the growing aging population, and individuals' greater awareness of their physical appearance are driving market growth in the region. Furthermore, key players' efforts to debut their products in Asia Pacific's major countries boost market growth. Galderma, for example, said in April 2020 that it had gained three additional certifications from the National Medical Products Administration of China (NMPA) for Restylane Vital, Restylane Lidocaine, and Restylane Lyft Lidocaine. Restylane's portfolio in China will be expanded as a result of this approach. Such improvements are likely to add even more to the region's rapid growth.
Global Dermal Fillers Market By Region, 2024-2031
- Largest
- Fastest
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Global Dermal Fillers Market Dynamics
Dermal Fillers Market Drivers
The rise in preference for minimally invasive procedures is propelling the dermal fillers market
- Non-surgical dermatological procedures have grown in popularity due to the numerous benefits they provide. These advantages include faster results, lower costs, and less dangers than traditional approaches. Furthermore, people's increased focus on cosmetic modification and desire to look younger are increasing demand for non-invasive dermatological procedures. Injectable dermal fillers are used in minimally invasive procedures to plump thin lips, enhance shallow contours, smooth face creases, eliminate wrinkles, and improve the look of scars. In 2021, an anticipated 1.4 million surgical and non-surgical procedures were conducted, with plastic surgeons doing 600 more operations on average than in 2020.
Dermal Fillers Market Restraints
High product costs and relative side effects to limit market growth
- The high costs associated with dermal filler procedures such as fat face and polymethyl-methacrylate microspheres are expected to limit procedure adoption during the projected period. According to the American Society of Plastic Surgeons, the average cost of polymethyl-methacrylate microspheres is USD 1,058. According to the same source, the average cost of a fat face operation is roughly USD 2,508. As a result, this factor is expected to limit market growth.
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Global Dermal Fillers Market Competitive Landscape
The global dermal fillers market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share.
Dermal Fillers Market Top Player’s Company Profiles
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Galderma S.A. (Nestle Skin Health)
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Sinclair Pharma plc
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Suneva Medical, Inc.
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Anika Therapeutics, Inc.
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BioPlus Co., Ltd.
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Bioxis Pharmaceuticals
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Croma Pharma GmbH
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Dr. Korman Laboratories Ltd.
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Hugel, Inc.
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Hyaltech Ltd.
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IBSA Institut Biochimique SA
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Medytox, Inc.
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Prollenium Medical Technologies Inc.
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Q-Med AB (Galderma S.A.)
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Sylphar NV
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Teoxane SA
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Vision Medical, Inc
Dermal Fillers Market Recent Developments
- In April 2022, Sinclair Pharma announced that Perfectha Lidocaine has gained European CE mark for wrinkle repair, facial contouring, and volume restoration. This CE accreditation allows Perfectha Lidocaine to be launched in the United Kingdom and all major European markets.
- In March 2021, Galderma announced the European relaunch of Sculptra (injectable poly-L-lactic acid) with a modified administration regimen.
Global Dermal Fillers Key Market Trends
- One of the most noticeable developments in the global industry is that practically all demographic groups have expressed an interest or inclination toward these non-invasive or minimally invasive procedures. This is especially important for men, who are increasingly using cosmetic operations to improve their appearance. For example, an increasing number of men are discovering that gravity and aging can have a detrimental impact on the appearance of their facial features. As a result, males seek out facial filler treatments for their effectiveness in reversing the early gravitational aging that happens in the face. It also has the added benefit of requiring no downtime for recuperation. According to the ISAPS Global Survey Results, 2020, the male demographic group requesting hyaluronic acid procedures accounted for roughly 12.2% of all global non-surgical procedures. With dermatologists paying more attention to this demographic group, this share may rise over the projection period. As a result, these new trends are predicted to create a new patient population base for enterprises operating in the global market and to significantly contribute to market growth throughout the forecast period.
Global Dermal Fillers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Dermal Fillers market analysis, the dermal filers market is fragmented, with organizations ranging from major, established competitors to small, rising players. In the current market context, ALLERGAN (AbbVie, Inc.) leads, accounting for a significant percentage of global market revenue. Because of its powerful product portfolio, which includes the JUVEDERM Collection of Hyaluronic Acid (HA) fillers, the company leads the industry. Furthermore, the JUVEDERM Collection's various application areas reinforce the company's dominant position in the global market. Companies such as Revance Therapeutics, Inc. and Merz Pharma, on the other hand, are making strategic moves such as new product releases and alliances to strengthen their market presence. Furthermore, other significant competitors, such as Galderma and Sinclair Pharma, are focused on new product releases in key regions to expand their worldwide market revenue share.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 5.05 billion |
| Market size value in 2031 | USD 9.6 billion |
| Growth Rate | 7.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Dermal Fillers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Dermal Fillers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Dermal Fillers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Dermal Fillers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Dermal Fillers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Dermal Fillers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Dermal Fillers Market Report Snapshots
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