Global Facial Injectables Market

Facial Injectables Market Size, Share, Growth Analysis, By Product(Collagen & PMMA Microspheres, Hyaluronic Acid (HA), Botulinum Toxin Type A, Calcium Hydroxylapatite (CaHA)), By Application(Facial Line Correction, Lip Augmentation, Face Lift, Acne Scar Treatment), By End-use(MedSpas, Dermatology Clinics, Hospitals), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35I2287 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 100 | Figures: 76

Facial Injectables Market Dynamics

Facial Injectables Market Driver

Millennials to create a huge demand for facial injectables in cosmetic industry 

  • Skin damage is caused by environmental pollutants and varied lifestyle choices, which raises its demand during the projection period. Facial injectables are composed of collagen fibres, hyaluronic acid fillers, and synthetic fillers.
  • This lotion hydrates and enhances the skin, protects it from UV damage, and has few adverse effects. Further, non-surgical market therapies, facial injectable fillers, and wrinkle relaxers have seen a threefold increase in recent years. 
  • During the projected period, the market is driven by the rise in demand from Millennial population for non-invasive aesthetic procedures. Growing disposable income, and availability of cosmetic treatment procedures is expected to influence the market growth. Besides, the technology development has reduced the risk of infection, eliminated blood loss, and reduced procedure costs. 

Facial Injectables Market Restraints

Stringent regulators and costly treatments to challenge the market growth

  • Strict regulatory concerns and limitations on the items, as well as skin problems such as rashes and redness, limit expansion. Instead of aesthetic applications, several market impediments are impeding expansion in the projection period. 
  • The high prices of fillers limit the expansion. The adverse effects of dermal injectables are another key factor limiting the size of facial injectable industry. Moreover, insurance plans might refrain from covering cosmetic treatments involving facial injectables.
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Global Facial Injectables Market size was valued at USD 10.1 billion in 2022 and is poised to grow from USD 11.31 billion in 2023 to USD 28.01 billion by 2031, growing at a CAGR of 12.00% during the forecast period (2024-2031).

The Global Facial Injectables market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'Ispen (France) ', 'Abbvie (US) ', 'Medytox Inc. (South Korea) ', 'Merz GmbH and Co. KGaA (Germany) ', 'Revance Therapeutics, Inc. (US) ', 'Galderma (Switzerland) ', 'Sinclair Pharma (UK) ', 'Allergan Aesthetics (a subsidiary of AbbVie) (US) ', 'Hugel, Inc. (South Korea) ', 'Sientra, Inc. (US) ', 'Revance Therapeutics, Inc. (US) ', 'Evolus, Inc. (US) ', 'Medytox Inc. (South Korea) ', 'Hugel, Inc. (South Korea) ', 'AptarGroup, Inc. (US) ', 'Ipsen S.A. (France) ', 'Galderma S.A. (Switzerland) ', 'Revanesse (Canada) ', 'Merz North America (US) ', 'Suneva Medical, Inc. (US) ', 'Aesthetic Medical International Holdings Group (China) ', 'Neauvia (Switzerland)'

Skin damage is caused by environmental pollutants and varied lifestyle choices, which raises its demand during the projection period. Facial injectables are composed of collagen fibres, hyaluronic acid fillers, and synthetic fillers.

Male Population to Highly Adopt Facial Injectables: An upsurge in the adoption of facial injectables among the male population is one of the key trends in the market. Throughout the forecast period, the male population is anticipated to embrace a variety of fillers, including botulinum toxin and dermal fillers. For instance, young men choose tissue fillers as an anti-aging agent. This is likely to upsurge the adoption of facial injectables among the male population.

North America held the largest share of the facial Injectables market due to the high demand for aesthetic procedures; Followed by Europe due to the high amount of cosmetic operations in the region, such as botulinum toxin type A and different dermal fillers. Furthermore, new product releases in the region by companies with high expenditure patterns are projected to fuel the market in coming years.

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Global Facial Injectables Market

Report ID: SQMIG35I2287

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