The growth of the aesthetic fillers market can be attributed to the increasing trend of using anti-aging treatments and the demand for a much younger lifestyle. Moreover, number of overall non-surgical aesthetic procedures is increasing every year.
New York, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Aesthetic Fillers Market - Growth, Trends, and Forecasts (2020 - 2025)" - https://www.reportlinker.com/p05986858/?utm_source=GNW
As per a 2018 report by International Society of Aesthetic Plastic Surgery, there were 12,659,147 non-surgical aesthetic procedures done globally.
Consequently, the demand for the ever-expanding range of dermal fillers and the number of operations performed has boosted the growth of the market studied. Due to the growing demand for facial aesthetics the increasing average expenditure per patient in clinics, the market studied is growing. These factors are helping growth in the market.
However, the side effects associated with dermal fillers and other factors are hindering the growth of the market studied.
Key Market Trends
Face Lift Segment is expected to exhibit Fastest Growth Rate Over the Forecast Period
A thread lift is a type of procedure wherein temporary sutures are used to produce a subtle but visible lift in the skin. Instead of removing the patient’s loose facial skin surgically, the cosmetic surgeon simply suspends it by stitching up portions of it. Unlike a traditional surgical face-lift, the thread lift doesn’t involve incisions or deep-tissue manipulation. It is a much easier process for the patient which involves getting filler like substances as opposed to getting a facelift surgery. For many patients, the biggest advantage of having a thread lift rather than a facelift is the greatly reduced recovery time associated with thread lifts.
This procedure is also gaining traction over surgical procedures due to the increasing demand for non-surgical procedures around the world. For instance, as per International Society of Aesthetic Plastic Surgery 2018 report, there were more than 10 million minimally invasive injectable procedures completed worldwide in 2018, which was observed to have increased from 8.5 million in 2017. This trend is expected to rise in future as well, which will help the growth of the thread face-lift market.
North America captured the Largest Market Share and is expected to Retain its Dominance
North America dominated the overall aesthetic filler market with the United States accounting as the major contributor to the market. Recently, consumers, around the world are showing increasing interest toward their aesthetic appearance.
Non surgical aesthetic filler procedures that contain hyaluronic acid, collagen, and polymers and particles are used to give the skin or feature a cosmetic boost. As per International Society of Aesthetic Plastic Surgery 2018 report, United States had the most number of non surgical aesthetic procedures in 2018, acoounting 2,869,485 procedures. These number are expected rise in future with advent of new products. This will help the market growth in the region.
The market studied is highly fragmented, with the majority of the manufacturing operations in North American countries. The presence of a significant number of players in the market studied has an impact on the prices of products by firms, such as Allergan, Vital Esthetique, Galderma Pharma SA, Teoxane, and Sinclair Pharma PLC, among others. The industry is witnessing a series of acquisitions and mergers.
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