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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Dermal Filler Market : Professional Survey Report 2017 – 2025

Global Derma Filler Market: Snapshot

Derma fillers are also referred to as soft-tissue fillers or injectable. They are known for filling up an area under a particular skin spot or patch. Some fillers are made using natural ingredients whereas some are manufactured using synthetic products. All types of derma fillers, whether synthetic or natural work on improving the appearance and presentation of the aging skin in many ways such as they fill the deep creases and fine lines of the skin, fill the wrinkles that appear on aging skin, improve imperfections such as scars, fill wrinkled or thin lips, plump up cheeks, and contouring areas of the face such as the jaw line.

Despite of being a product in high demand and having many pros, there are also many risks in the use of derma fillers. If the filler procedure is performed improperly, certain skin conditions may arise such as itching, pain, redness, and bruising. Not so commonly, allergic reactions or infection may also occur causing lumps and scarring that may ultimately need surgical correction. Rarely, serious adverse impact such as delayed skin necrosis or blindness may occur.

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The fear of these side effects has caused a tolerable drooping in the progress of the global market for derma filler. However, the slopping market is expected to be saved by the development of novel and well-suited devices. With derma filler becoming the ready to use treatment for revitalizing the aging skin, it is expected to regain a steady growth over time.

Global Dermal Filler Market: Overview

The worldwide dermal filler market may have experienced a tolerable slack in growth, owing to the fear of side effects, however, technological advancement in the form of well-suited and awarding devices has saved the ship. In fact, consumers have become more than aware and confident about dermal fillers. Moreover, dermal fillers are the go-to treatment for skin revitalization amongst the aged population. RepliCel Life Sciences has recently announced two new patents appropriating to the RCI-02 dermal filler injector, which promises to offer an increased level of precision and control for intramuscular and intradermal injections. Giant companies in the market are quickly acquiring the smaller players to stretch their portfolio and snowball their infrastructure.

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The global dermal filler market could see a segmentation on the basis of product type, therapeutic area, and application. The customizable segmentation analysis offered in the report will help dermal filler businesses to make strategic moves and foresee the possible growth opportunities.

Our tailor-made approach has helped several players in the dermal filler market to attain a sustainable advancement in the industry. The authors of the report have comprehensively studied the competitive scenario, value chain, market opportunities and restraints, Porter’s five forces model, and many other factors to gain a deep insight into the global market.

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Global Dermal Filler Market: Trends and Opportunities

Since dermal fillers are a less painful and non-invasive method of treating various problems relating to facial skin, the global market is forecasted to magnetize a weighty demand in the near future. There has been a persistent shift in the adoption of skin treatment procedures where minimally invasive treatments are in the hot attraction zone. A large level of demand is expected on the part of skin treatments which sport lower occurrences of post-surgical complexities, less scarring, low level of pain, and require smaller incisions. It is interesting to note that the world dermal filler market is not just limited to facial skin procedures but also include skin aesthetic treatments for other areas of the body.

Stressful lifestyle, sleep problems, and diet imbalance are marked as the top culprits for birthing various skin problems such as wrinkles, deep lines, and scars. As a result, the demand in the dermal filler market is anticipated to see a natural rise, owing to cosmetic as well as skin health concerns. One of the common applications of dermal fillers among the geriatric population is as an anti-aging agent. They can be used to spark skin rejuvenation for the aging consumers by restoring their lost collagen. Thus, skin problems such as sagging and dry skin and deep facial lines can be tackled with minimum downtime and discomfort, and they do not even require local anesthesia for execution. All of these aspects are predicted to help the market growth to soar higher.

Global Dermal Filler Market: Regional Outlook

One of the few factors that could check the growth rate of the global dermal filler market is the high cost of treatment. However, with innovative and continuous development of novel but cost-effective procedures, the international market is deemed capable of offering opportunities in the face of the challenges. North America has had a lucrative time spent in the recent past with regard to growth and demand and is expected to continue enjoying a dominant share in the market. Asia Pacific is foretold to run its demand rate at a fast pace amongst other key regions such as Europe and the Middle East and Africa. Some of the reasons for this imposing flourish of the Asia Pacific market is the elevating number of skin treatment applications and dermatology patients and surging incidences of different skin problems.

Global Dermal Filler Market: Companies Mentioned

The world dermal filler market could hold a diversified nature in the presence of multitudinous players operating on both international and regional platforms. The contest between the top players of the global market is expected to grow hotter with high adoption of acquisitions and mergers and product innovations. Some of the prominent companies that have left a strong impact on the market are Merz Aesthetics, Galderma, Allergan, AQTIS Medical, Syneron Medical Ltd., and Bioha Laboratories.

Demand for Dermal Fillers Rise as Cosmetic Surgeries Gain Popularity

San Francisco, California, October 24, 2017: A recent market research report by TMR Research presents a detailed overview of the global market for dermal fillers. The report, titled “Dermal Filler Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” states that the market will expand at a promising pace over the report’s forecast period as the patient pool of dermatological conditions rises at an alarming pace across the globe. Other than dermatological conditions, the market could also benefit from the increased usage of dermal fillers for esthetic or cosmetic surgeries as a way of restoring, reconstructing, or altering physical features of the human body.

As dermal fillers are a more convenient and relatively painless method of treating issues related especially to facial skin, the market for dermal fillers is expected to witness a significant rise in demand in the near future. There also has been a massive shift in consumer perception about skin treatment procedures and minimally invasive cosmetic treatments are witnessing a significant rise in adoption. Consumers are also giving more preference to skin treatments that lead to lesser instances of post-surgical complexities, low pain, less scarring, and require the least amount of incisions. As a result, the demand for dermal fillers is expanding at a promising pace.

Factors such as busy and stressful lifestyles, lack of regular physical activities, and diet imbalance are contributing to the increased prevalence of skin conditions such as deep lines, scars, and wrinkles. These factors are also indirectly adding to the overall demand for dermal fillers on a global front. However, certain factors that could hinder the growth opportunities of the global dermal filler market include the high cost of these treatments. This factor could play a key role in obstructing the growth of the market especially in developing economies to a major extent.

From a geographical standpoint, the report analyzes the dermal filler market across regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report states that the market has the most promising growth avenues in North America and is likely to continue to thrive in the region in the next few years as well.

While the North America market is expected to continue to account for the dominant share in the global dermal fillers market in the next few years as well, the Asia Pacific market is expected to emerge as the one with the most promising growth opportunities over the report’s forecast period. Factors attributed to the dominant stance of the Asia Pacific market in the global dermal filler market include the rising prevalence of a number of skin conditions, rising disposable incomes, and a constantly rising numbers of dermatology patients.

The report also presents a thorough analytical overview of the competitive landscape of the global dermal filler market. The report states that the market is highly competitive owing to the presence of a large number of regional as well as international companies. The competition is expected to become more intense in the next few years as companies focus on geographical expansion and strategic collaborations through mergers and acquisitions and partnerships. Some of the leading companies operating in the global dermal filler market profiled in the report are Galderma, Allergan, Merz Aesthetics, Syneron Medical Ltd., AQTIS Medical, and Bioha Laboratories.

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