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Global Dermal Fillers Market - Outlook and Forecast 2023-2028
The global dermal fillers market exhibited a valuation of USD 5.74 billion in 2022 and is projected to reach USD 9.13 billion by 2028, reflecting a compound annual growth rate (CAGR) of 8.03% during the forecast period. Dermal fillers are injectable treatments utilized to enhance facial volume, smooth lines, and improve facial contours. These treatments involve injecting substances like hyaluronic acid or synthetic fillers directly into the skin, effectively filling wrinkles, lines, and other signs of aging. The results are immediate, with effects lasting up to a year. Dermal fillers are not only used for wrinkle reduction but also to improve skin texture and provide volume to areas such as the cheeks and lips. The growing awareness about these procedures has led to an increase in demand, thereby propelling the growth of the dermal fillers market.
The global dermal fillers market is expected to witness significant growth due to several factors. First, there is a rising awareness about facial aesthetics among individuals. Additionally, the aging population is increasing, leading to a higher demand for anti-aging treatments. Moreover, there is a notable rise in healthcare expenditure worldwide. Technological advancements, coupled with increasing disposable incomes and the growth of the cosmetic industry, also contribute to the expansion of the global dermal fillers market. However, the high cost of treatments, potential side effects associated with injections, and stringent regulations on dermal fillers are likely to hinder market growth.
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USD 5.7 billion in 2021
Material, Application, Gender, End-User, and Geography
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According to a global survey conducted by the International Society of Aesthetic Plastic Surgery (ISAPS), there were 17.6 million non-surgical procedures performed in 2021, with 5.2 million of them involving hyaluronic acid dermal fillers. Furthermore, compared to 2020, there was a 19.9% increase in these procedures, and a substantial 54.4% increase compared to 2017.
The demand for non-invasive aesthetic procedures is rising due to their safe and effective nature, as they enhance appearance without the need for major surgical interventions. Non-invasive procedures are more cost-effective and less time-consuming, with shorter recovery times and minimal downtime. These procedures pose lower risks, making them ideal for individuals seeking improvements without the potential side effects and higher costs associated with surgical cosmetic procedures.
Social media plays a significant role in boosting the dermal fillers market. With the widespread use of social media platforms, many individuals are exposed to posts, images, and articles showcasing the benefits of dermal fillers, which generates increased interest in such cosmetic procedures. Virtual communities dedicated to dermal fillers on social media allow users to find support, gather information about procedures, and gain insights from the experiences of others. Informative videos, product reviews, and educational articles shared on social media platforms enable potential customers to make informed decisions. Furthermore, social media enables the dermal fillers market to target new customers and niche audiences directly by utilizing targeted advertisements. Overall, social media serves as an effective tool for promoting dermal fillers and increasing awareness about the available options.
Over the past decade, the dermal fillers market has witnessed the introduction of advanced products and innovative non-invasive procedures. Rapid changes and technological advancements in dermatology care have led to numerous procedures that are associated with reduced side effects. Dermal filler manufacturers are placing significant emphasis on launching new and innovative products to cater to clients’ diverse needs.
The desire to improve one’s appearance is not limited to women alone. Men are increasingly seeking aesthetic treatments to address concerns such as wrinkle reduction, fat or cellulite removal, facial rejuvenation, and hair restoration. This changing attitude towards male aesthetics can be attributed to evolving societal expectations. Men now strive for a more youthful, toned, and vibrant aesthetic, leading to an increased number of men pursuing treatments to enhance their appearance, thereby contributing to the growth of the dermal fillers market.
Cosmetic procedures have become a significant component of medical tourism, which involves individuals traveling to other countries for cosmetic purposes rather than medical necessities. Medical tourists often find that the cost of dermal fillers is much lower in other countries and may also have access to treatments unavailable in their home country. By taking advantage of medical tourism, patients can access treatments that may not be readily available to them locally.
Advancements in technology and treatments have made non-invasive procedures more painless and require less recovery time. Consequently, an increasing number of individuals are opting for these procedures in recent years. Dermal fillers, being non-invasive, offer aesthetic improvements without surgical interventions, thereby minimizing risks and side effects. These treatments involve injecting substances below the skin’s surface to fill in wrinkles and add volume to specific facial areas.
The growing elderly population and a strong emphasis on personal grooming and aesthetic appearance are key drivers of dermal filler demand. Consumers are now more aware of how various factors such as sun exposure, environmental conditions, and lifestyle choices can contribute to skin aging. Dermal fillers provide immediate and natural-looking results that can last several months to two years or more. They effectively reduce wrinkles and lines, diminish scars, restore fullness, enhance facial contours, and add volume to hollow or thinning areas like sunken cheeks and recessed temples.
Increasing awareness about aesthetic procedures through various platforms and rising per capita expenditure on cosmetics have significantly contributed to the growth of the dermal fillers market. With changing habits, lifestyles, and increasing incomes, people are willing to spend more on personal care. As the population continues to age and interest in aesthetics grows, the demand for dermal fillers is expected to increase. Technological advances and the expanding range of available procedures have made aesthetic treatments increasingly popular. Patients now have a wide range of options to choose from, including dermal fillers, both surgical and non-surgical, to achieve their desired aesthetic goals.
The market is segmented based on various factors, including material, application, gender, end-user, and geography.
Segmentation by Material
Segmentation by Application
Lips & Cheeks Enhancement
Wrinkle & Scar Treatment
Restoration of Volume
Segmentation by Gender
Segmentation by End-user
Specialty & Dermatology Clinics
Medical Spa & Beauty Centers
Segmentation by Geography
North America – US, Canada
Europe – Germany, France, UK, Italy, Spain
Asia-Pacific – China, Japan, India, South Korea, Australia
Latin America – Brazil, Mexico, Argentina
Middle East & Africa – South Africa, Saudi Arabia, Turkey
The global dermal fillers market is divided into two major segments based on the material: hyaluronic acid (HA) fillers and non-hyaluronic acid fillers, including calcium hydroxylapatite fillers, poly-l-lactic acid fillers, polymethylmethacrylate beads, and others. Hyaluronic acid fillers are the most commonly used due to their biodegradability, proven safety record, freshness, and affordability. They are versatile and can achieve natural-looking results for various indications. In 2022, hyaluronic acid dominated the global dermal fillers market, and this trend is expected to continue.
Among the applications, lips and cheeks enhancement had the largest market share in 2022. Dermal fillers are commonly used to add volume, shape, and definition to the lips, as well as to reduce wrinkles around the lip area. Hyaluronic acid-based fillers are commonly used for lips enhancement, providing shape, size, and symmetry improvements while minimizing wrinkles. Examples of widely used dermal fillers for lips and cheeks enhancement include Juvederm, Radiesse, Belotero, and Restylane. These fillers contain hyaluronic acid, a natural substance in the skin, and lidocaine, a numbing agent for comfort during injections.
Both men and women are increasingly turning to dermal fillers as a non-invasive solution to facial aging. In 2022, the female segment dominated the global market. Women often use dermal fillers to address age-related changes in facial structure, such as volume loss in the lips and cheeks, as well as to reduce wrinkles and enhance specific features like the nose or chin.
The end-user segment of the dermal fillers market includes hospitals, specialty and dermatology clinics, and medical spas and beauty centers. Hospitals are the major contributors to market growth. The increasing number of hospitals and the demand for aesthetic procedures drive this growth. In 2022, hospitals accounted for 38.91% of the global market share. Plastic surgeons and dermatologists typically perform these procedures in a hospital setting, which offers access to experienced practitioners, advanced technology, and high-quality healthcare services. The procedure is usually quick, taking less than 30 minutes, with immediate results.
North America is the dominant region in the global dermal fillers market, accounting for over 33% of the market in 2022. Factors contributing to this dominance include increasing awareness of aesthetic procedures, advanced technology usage, higher disposable income, and the availability of recovery centers. Americans spend billions of dollars annually on cosmetic procedures, indicating high per capita expenditure and widespread acceptance of medical aesthetic treatments.
The European dermal fillers market is experiencing significant growth due to the increasing risk of skin aging, rising demand for minimally invasive aesthetic treatments, and the use of cosmeceuticals. The aging population in Europe has led to a greater demand for dermal fillers to reduce the appearance of wrinkles and fine lines. Additionally, the Asia-Pacific (APAC) region is expected to have the fastest growth rate during the forecast period. This growth is driven by advancements in aesthetic treatments and the cosmetics industry in the region, coupled with increasing consumer demand for such treatments.
The global dermal fillers market is characterized by intense competition and rapid growth, with numerous prominent companies offering distinctive products. These manufacturers consistently strive to capture market share and deliver innovative products that meet the expectations of consumers in terms of quality, convenience, and effectiveness. Competing companies heavily invest in research and development to create advanced dermal fillers, aiming to gain a competitive edge. In addition to product innovation, companies engage in fierce competition by offering competitive pricing and exceptional customer service. Aggressive advertising and promotional strategies are also employed by manufacturers to gain a favorable position in the market.
AbbVie (Allergan), Galderma, Merz Pharma, Sinclair, and TEOXANE are well-established players in the dermal fillers market, offering a wide range of products. These companies often engage in intense rivalry, constantly striving to be the first to introduce the latest breakthroughs in dermal filler technology to the market. To achieve this, significant investments are made in cutting-edge research and development, allowing them to maintain a competitive edge. As new products are developed and launched, there is a sense of urgency among manufacturers to keep up with industry trends and make necessary adjustments to stay ahead of their competitors.
Key companies profiled in this report include AbbVie, Galderma, Merz Pharma, Sinclair, TEOXANE, BioPlus, Biotech, Cytophil, Dr. Korman, FILLMED, HUGEL, Medytox, Prollenium Medical Technologies, Shanghai Bioha Technology, Suneva Medical.
Key Questions Answered
How large is the global market for dermal fillers?
The global market for dermal fillers had a value of USD 5.74 billion in 2022 and is projected to reach USD 9.13 billion by 2028.
What is the rate of growth of the dermal fillers market?
The dermal fillers market is experiencing a compound annual growth rate (CAGR) of 8.03% from 2022 to 2028.
What are the emerging trends in the dermal fillers market?
The emerging trends in the global dermal fillers market include an increasing demand for male aesthetics, advancements in aesthetics and product launches, and improved accessibility to cosmetic procedures facilitated by medical tourism.
Who are the major players in the global dermal fillers market?
AbbVie, Galderma, Merz Pharma, Sinclair, and TEOXANE are the key players in the global dermal fillers market.
Which region holds the largest share of the global dermal fillers market?
North America accounted for over 33% of the global dermal fillers market share in 2022, making it the dominant region in this market.