Facial Injectables Market by End User
The major end user of the facial Injectables are hospitals, dermatology clinics, medical spas and dermatology research institutes. Among these, the medical spas segment is anticipated to grow at the highest CAGR due to growing number of medical spas in developed and developing countries. Moreover, the dermatology clinics segment accounted for the highest share in the global facial Injectables market in 2018.
Facial Injectables Market Outlook
Increase in number of aesthetic procedures driven by social media are some of the opportunities which are expected to fuel the growth of this market in 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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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.
Facial Injectables Market: Introduction
Facial Injectables 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.
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.
There are over 150 injectable fillers on the global market, but only some of them have FDA approval.
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The American Society for Aesthetic Plastic Surgery revealed that despite 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. According to the International Society of Aesthetic Plastic Surgery there 43,100 Injectables procedures done worldwide.
Facial Injectables Market by Geography
The global facial Injectables market is studies across key regions such as North America, Europe, Asia Pacific, and Rest of the world. North America is estimated to account for the largest share in 2017, followed by Europe and Asia-Pacific. Factors such as high awareness regarding aging and increasing prevalence of skin problems are fuelling the growth of facial Injectables in North America. The U.S. held the largest share of the North America facial injectables market in 2017 owing to increasing expenditure on aesthetic procedures by the consumers in the country.
Facial Injectables Market Key Players
The major companies operating in the global facial injectables market include Allergan Plc, Merz pharma, Galderma Laboratories, LP. (Nestle Skin Health), Anika Therapeutics, Inc, Suvena Medical Inc, Prollenium Medical Technologies, Bloomage Biotechnology Corporation Limited, Sinclair Pharma, Teoxane, etc. Bloomage BioTechnology Corporation Limited, Sinclair Pharma, Teoxane among others.
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