Aesthetic Fillers Market worth USD 10.40 billion by 2033

The Market Statsville Group (MSG) publishes the new report on the "Aesthetic Fillers Market by Type (Dermal Fillers {Calcium Hydroxyapatite, Collagen, Polymethyl-methacrylate Microspheres (PMMA), Others}, Wrinkle Relaxers), by Application (Lip Augmentation, Acne Scars Removal, Wrinkle Removal, Rhinoplasty, Others), By Region – Global Share and Forecast to 2033

According to the Market Statsville Group (MSG), the global aesthetic fillers market size is expected to grow from USD 4.24 billion in 2022 to USD 10.40 billion by 2033, at a CAGR of 8.5% from 2023 to 2033.

The aesthetic fillers market consists of sales of aesthetic fillers services by entities (organizations, sole traders, and partnerships). The market for aesthetic fillers is driven by expanding public awareness about cosmetic procedures, the availability of user-friendly and technologically sophisticated products and the rising demand for aesthetic treatments among the new generation. With increasing age, the elderly population is more prone to physiological changes in the skin, such as wrinkling and sagging. As a result, more women are seeking anti-aging treatment, as dermal fillers effectively reduce the indications of age. This will generate a large market demand for injectable facial fillers in the foreseeable future.

The growing preference for non-invasive cosmetic procedures will be a major driver of dermal filler market expansion. Dermal fillers are rapidly being preferred over surgical options as they enhance facial characteristics without the danger of bleeding, pain, or tissue invasion. On the other hand, high product costs and related side effects are stifling market growth.

Global Aesthetic Fillers Market Segmentation

The overall aesthetic fillers market has been segmented into type, application, and region.

• By Type (Dermal Fillers {Calcium Hydroxyapatite, Collagen, Polymethyl-methacrylate Microspheres (PMMA), Others}, Wrinkle Relaxers)
• By Application (Lip Augmentation, Acne Scars Removal, Wrinkle Removal, Rhinoplasty, Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Wrinkle Removing segment is at the highest CAGR during the forecast period

Furthermore, wrinkle removing aesthetic fillers are expected to project the highest CAGR during the forecast period, owing to the greater demand for these types of procedures. Moreover, new product launches directed at this segment are anticipated to support the segmental growth. In February 2020, BioScience GmbH launched Hyaprof. It is a poly-densified facial filler used by dermatologists to correct nasolabial wrinkles, oral commissures, and any deformity on the face. Moreover, the growing elder population among the countries has boosted the segment over the forecasting period.

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The Asia Pacific to account for the highest CAGR during the forecast period

Over the forecast period, the Asia Pacific market is expected to grow rapidly. The aesthetic industry in India is also actively taking on the Indian beauty space. From the past decade, the cosmetic business has augmented rapidly, owing to the flourishing Indian fashion and film industry. Therefore, in return, the fashion and film industry is fueling the growth of the cosmetic industry by making people realize the importance of having good looks and appearance. Additionally, there is also an increase in purchasing power of the consumer that helps to drive the overall market growth. The rising disposable income is also one of the factors associated with it and has ensured the well-being of the aesthetic industry.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the aesthetic fillers market. It also consists of the profiles of leading companies such as Merz Pharma, Galderma, Sanofi, Anika Therapeutics, Inc., Fidia Farmaceutici S.p.A., Johnson & Johnson Services, Inc., Integra LifeSciences Corporation, SciVision Biotech Inc., BIOXIS Pharmaceuticals, LG Chem, BIOPLUS CO., LTD., Zimmer Biomet, SCULPT Luxury Dermal Fillers LTD and TEOXANE Laboratories. The key players' growing research and development activities for launching innovative healthcare devices with advanced features and strategic unions are expected to drive market growth.

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