The Axiom MRC added a report on the global facial injectables market is anticipated to grow at a CAGR of 13.52% during the forecast period 2020 to 2025.
Dermatology has been at the forefront of the laser and light development which is an area in aesthetic and medical dermatology that has surged in recent years. Facial Injectables Market are the components used for non-surgical rejuvenation procedure such as Botulinum toxin (BTX) and dermal ﬁller injections are now the most common aesthetic treatments performed worldwide. There are over 150 injectable ﬁllers on the global market, but only some of them have FDA approval. The American Society for Aesthetic Plastic Surgery revealed that in spite of the recession and decrease in personal ﬁnancial security, Americans spent approximately $10.5 billion dollars on cosmetic procedures; men accounted for nearly 10% of the estimated 10 million procedures which provides a growth perspective for the market in the region.
Facial Injectables Outlook
The global facial injectables market has gained remarkable growth due to rising demand for nonsurgical injection-based facial rejuvenation products and minimally invasive cosmetic procedures. Availability of efficient, less invasive and at lower risk injectable products coupled with changing lifestyle and growing disposable income further boost the global facial injectables market. Increase in the number of aesthetic procedures driven by social media is some of the opportunities which are expected to fuel the growth of this market in the coming years. However, the global facial injectables market is hampered by stringent regulatory environment and social stigma associated with cosmetic treatments.
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Facial Injectables market Segmental Overview
Global facial injectables market is segmented into product type, treatment, end user and geography. By product type, the global facial injectables market is divided into botulinum toxin, hyaluronic acid, particle & polymer fillers (PPF) and collagen. The collagen segment is further categorized into porcine/ bovine based and human based. The particle & polymer fillers are segmented into polymethylmethacrylate beads (PMMA microspheres), polylactic acid and calcium hydroxylapatite. Based on treatment, the market is bifurcated into wrinkle reduction, facelift, lip augmentation, and others. By end user, the market is classified into hospitals, dermatology clinics, and medical spa and dermatology clinical research institutes. Based on geography, the global facial injectables market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada, and Mexico whereas Europe covers UK, France, Germany, Italy and Rest of Europe. The key countries included under the Asia Pacific are China, India, Japan, Australia and Rest of Asia Pacific. Rest of the world include Latin America and Middle East & Africa.
Facial Injectables Market Key Players:
Some of the major players operating in the facial injectables market include Merz Pharma, Galderma Laboratories, L.P. United State, Allergan, Sanofi group, Anika Therapeutics, Inc, Suneva Medical, Inc, Prollenium Medical Technologies, Nestlé Skin Health, etc. Market players are involved in product launches and collaboration agreements to exploit maximum revenue potential in the global facial injectables market. Merz, a global leader in medical aesthetics, in 2018, announced the launch of Belotero Lips, with products specifically designed for lip enhancement and treatment of perioral lines. The line includes two hyaluronic acids (HA) dermal filler products that complement each other to deliver safe, effective and natural-looking cosmetic results.
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Key Questions Answered in Report:
- What is the future scope of global facial Injectables market up to 2025
- What are the challenges to market growth?
- Who are the key vendors in the global facial Injectables market?
- What will the market size and the growth rate be in 2025?
- What are the key market trends impacting the growth of the global facial Injectables market?
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