Report ID: SQMIG35A2642
Report ID:
SQMIG35A2642 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|
Tables:
146 |
Figures:
78
Global Dermal Fillers Market size was valued at USD 5.05 billion in 2022 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.
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Report ID: SQMIG35A2642