Global Facial Injectable Market is expected to register a CAGR of approx. 9% over the period of 2022-2028. Facial injectables are minimally invasive procedures that are used in aesthetic procedures and anti-aging solutions to reduce facial lines and restore firmness. Factors affecting health include the growth in surgical non-surgical procedures among the youth, increasing medical tourism, technological aspects including the development of sophisticated materials such as hyaluronic acid, economic reasons such as increasing income, and low cost of these products are some of the main factors that are expected to drive the market growth during the forecast period. For instance, in 2020, according to the International Society of Aesthetic Plastic Surgery (ISAPS) global survey, there were 14,400,347 nonsurgical procedures performed worldwide.
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According to UnivDatos Market Insights (UMI)’ research report “Global Facial Injectables Market”, the market is expected to witness a robust growth during the forecast period 2022-2028. In last few years, several patients have opted for cosmetic surgeries escalating the desire among them to look aesthetically appealing and young, thus fueling the demand for the facial injectables market. Furthermore, increasing awareness regarding minimally invasive procedures due to various beauty campaigns is expected to drive the market for facial injectables market in the coming years.
Based on the product, the facial injectables market is segmented into collagen, hyaluronic acid (HA), botulinum toxin type A, calcium hydroxylapatite (CaHA), and polymer fillers. The hyaluronic acid (HA) segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe due to the strong adoption of these product types coupled with the wide application of these fillers.
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Based on the end-users, the market is fragmented into hospitals, dermatology clinics, and others. The dermatology clinic segment is expected to register high growth rates in the market which is mainly due to the large number of injectable facial procedures being carried out in clinics. Further, the increase in the number of specialty clinics, especially in developing countries, equipped with some of the most innovative technologies and products will mean considerable growth of the segment in the years to come.
North America witnessed extensive growth
For a better understanding of the market adoption of the facial injectables market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the facial injectables industry owing to the higher awareness of aesthetic surgical procedures, technological advancements in cosmetic procedures, the presence of key market players, the increasing geriatric population, and the growing demand for non-invasive aesthetic procedures.
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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global facial injectables market are Ipsen SA, Merz Pharma GmbH Co. KGaA, Medytox Inc, Anika Therapeutics Inc, Zimmer Biomet, Croma-Pharma GmbH, Bioplus Co. Ltd, Bioaxis Pharmaceuticals, Galderma S.A, Prollenium Medical Technologies Several MA’s along with partnerships have been undertaken by these players to boost their presence in different regions.
“Global Facial injectables Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
Market Segmentations:
1. By Product (Collagen, Hyaluronic Acid (HA), Botulinum Toxin Type A, Calcium Hydroxylapatite (CaHA), Polymer Fillers)
2. By Application (Aesthetics and Therapeutics)
3. By End-Users (Hospitals, Dermatology Clinics, Others)
4. By Region (North America, Europe, Asia-Pacific, Rest of the World)
5. By Company (Ipsen SA, Merz Pharma GmbH Co. KGaA, Medytox Inc, Anika Therapeutics Inc, Zimmer Biomet, Croma-Pharma GmbH, Bioplus Co. Ltd, Bioaxis Pharmaceuticals, Galderma S.A, Prollenium Medical Technologies)
Key questions answered in the study:
1. What are the current and future trends of the global facial injectables industry?
2. How the industry has been evolving in terms of product, application, and end-users?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the global facial injectables industry?
5. What is the customer orientation, purchase behavior, and expectations from the global facial injectables suppliers across various region and countries?
