Global Dermal Facial Fillers Market 2015-2019 - New Study Released

From: Fast Market Research, Inc.
Published: Mon Aug 31 2015

Dermal facial fillers are smooth injectable gels made from either synthetic or naturally derived materials like hyaluronic acid. These are used as an effective treatment for correcting folds, deep lines and wrinkles on the face. As skin ages, it begins to lose the collagen filled with hyaluronic acid that helps shape, support and add volume to the face. Dermal fillers plump up the skin and gently lift it to restore the collagen lost due to aging process. It also motivates the body to create its own natural collagen that restores the facial skin to give a natural and youthful appearance.

Depending on the type of dermal filler used, the results may last from six to 24 months. The treatment takes 20-40 minutes with or without local anaesthesia depending upon individual skin type and condition.

Technavio analysts forecast the global dermal facial fillers market to grow at a CAGR of 13.07% during 2014-2019.

Commenting on the report, an analyst from Technavio's team said, "One major trend in this market is growing Importance of Medical Aesthetics. Aesthetic medicine is an evolving clinical field in the scientific research and healthcare domain. This field primarily involves the usage of minimally invasive cosmetic/surgical treatments to enhance a person's satisfaction with their physical appearance. "

According to the report, one key driver of this market is the Growing Aging Population. According to the WHO, by 2030, more than 22% of the world's population will be over 65, and by 2050 the number of people aged 60 and over will reach two billion. The growth of global dermal facial fillers market is directly proportional to the growing elderly population. As people age, they experience loss of fluid and collagen from their skin, which results in facial wrinkles.

Further, the report states that one of the major challenges is the high cost. Most of the dermal facial filler products are expensive for patients, especially in developing countries. The price for dermal fillers ranges from $400 to $1,500. The average price of dermal facial fillers is approximately $950.

The key players in the Global Dermal Facial Fillers Market are Allergan, Galderma, Merz Aesthetics while other prominent vendors include AQTIS Medical, Bioha Laboratories, Cynosure, Cosmoderm, ColBar LifeScience, Laboratory Obvieline, Techderm, Qufu Guanglong Biochem, Regenerative Medical System, Suneva Medical.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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