Growing Demand for Cosmetic Surgeries to Drive Growth of the Dermal Filler Market

Cosmetic surgeries are expected to drive considerable growth for the dermal filler market. These injectable are used in cosmetic surgeries for removing wrinkles, improving face structure, and removing abstractions to natural smiles. Moreover, the United States Food and Drug Administration has approved a new filler to be used in the back of the hands. The new filler will help restore fullness and hide bony structures or provide beautification of hands. The growing association of beauty with quality of life, and supporting research are expected to drive significant opportunities for players in the dermal filler market. According to the American Society of Plastic Surgeons, nearly 2.69 million soft tissue filler procedures were done in the US in 2017 alone. However, the new hand-filling solution only lasts for six months to a year. Hence, costs for these short-term procedures will likely decide growth of the dermal filler market.

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Rise in HIV Diagnosis Remains a Major Opportunity in the Dermal Filler Market

According to HIV.gov, there are over 1.1 million people in the US living with HIV. Moreover, one fifth or nearly 15% of the people are not aware of their condition. Furthermore, nearly 40,000 people with HIV were newly effected in 2016. The rising awareness about HIV due to growing access to anonymous and stigma-free sexual health portals online, HIV diagnosis is expected to reach more people. This can be a major opportunity for players in the dermal fillers market as HIV condition can often lead to facial fat loss or condition known as lipoatrophy. HIV diagnosis are considerably higher in the south, wherein nearly 52% of HIV diagnosis are reported. Earlier, taboos surrounding homosexual activities, lack of awareness about dermal filler treatments, and unfavorable reimbursement scenarios were barriers to growth of the dermal filler market. However, expected expansion of healthcare coverage, rising awareness about dermal filler treatments, and access to online portals for sexual illnesses are expected to drive significant growth for players in the dermal filler market.

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Author: Rohit Bhisey

As Head of Marketing at TMR Research, Rohit brings to the table over a decade of experience in market research and Internet marketing. His dedication, perseverance, and passion for perfection have enabled him to achieve immense success in his field. Rohit is an expert at formulating new business plans and strategies to help boost web traffic. His interests lie in writing news articles on technology,healthcare and business.

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