Hyaluronic Acid Based Dermal Fillers Market Forecast 2023-2032: Size, Key Players And Segments
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
North America held the largest hyaluronic acid based dermal fillers market share, and Asia-Pacific was the fastest-growing region in 2022.
The global hyaluronic acid-based dermal fillers market size grew from $3.97 billion in 2022 to $4.44 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hyaluronic acid-based dermal fillers market size is expected to grow to $6.65 billion in 2027 at a CAGR of 10.6%.
Major Driver In The Hyaluronic Acid Based Dermal Fillers Market – Increasing Demand For Non-Invasive Dermatology Techniques
For instance, in February 2022, The American Society of Plastic Surgeons (ASPS), a society for American plastic surgeons, said that every year more than 17 million adults opt for cosmetic surgeries that consist of minimally invasive options such as body contouring, lasers, and injections. This demand is expected to drive the hyaluronic acid-based dermal fillers market.
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Key Hyaluronic Acid Based Dermal Fillers Market Segments
1) By Product: Single-Phase Product, Duplex Product
2) By Usage: Speciality And Dermatology Clinics, Hospitals And Clinics
3) By Application: Wrinkle Removal, Lip Augmentation, Rhinoplasty, Other Applications
Recent Hyaluronic Acid Based Dermal Fillers Market Trend – Technological Advancement
Technological advancements are shaping the hyaluronic acid-based dermal fillers market. Major companies operating in the hyaluronic acid-based dermal fillers sector are focused on developing new technological solutions to strengthen their position in the hyaluronic acid-based dermal fillers.
Hyaluronic Acid Based Dermal Fillers Market Prominent Players
Major players in the hyaluronic acid-based dermal fillers market are Bohus Biotech AB, Allergan, Galderma Laboratories L.P., Merz Pharmaceuticals, Genzyme Corporation, Anika Therapeutics Inc., LG Life Sciences, Bio Plus Co. Ltd., Sculpt Luxury Dermal Fillers Ltd., Bioxis Pharmaceutical, Sinclair Pharma, Laboratories Vivacy, Medicis Aesthetics Holdings, Inc., and Inamed Corp.
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The Hyaluronic Acid Based Dermal Fillers Global Market Report 2023 provides a comprehensive overview on the hyaluronic acid based dermal fillers market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the hyaluronic acid based dermal fillers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Hyaluronic acid-based dermal fillers refer to a form of dermal filler that is only used for a short period of time.
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