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Aesthetic Fillers Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Aesthetic Fillers Market Size & CAGR in 2021
The aesthetic fillers market is anticipated to have a growth rate of 5.25% CAGR from 2021 to 2028, resulting in an expected growth of USD 2.1 billion by 2028. The market size in 2021 was valued at USD 1.4 billion.
COVID-19 Impact on the Aesthetic Fillers Market
The COVID-19 pandemic had a significant impact on the aesthetic fillers market. Due to lockdowns and restrictions on non-essential services, many aesthetic clinics were closed, leading to a decrease in the number of procedures performed. However, with the easing of restrictions and the gradual return to normalcy, the market is expected to rebound in the coming years.
Aesthetic Fillers Dynamics
The aesthetic fillers market is driven by the growing demand for minimally invasive cosmetic procedures. With advancements in technology and an increasing focus on aesthetics, more people are opting for fillers to enhance their appearance. Additionally, the rise in disposable income and the influence of social media on beauty standards are fueling the market growth.
Segments and Related Analysis
Types of Aesthetic Fillers:
- Hyaluronic Acid Fillers
- Calcium Hydroxylapatite Fillers
- Poly-L-Lactic Acid Fillers
- Polymethylmethacrylate Fillers
Usage Areas:
- Lip Augmentation
- Cheek Contouring
- Wrinkle Reduction
- Scar Filling
By Region Analysis
North America:
In 2021, North America held the largest market share in the aesthetic fillers market due to the high demand for cosmetic procedures and the presence of well-established aesthetic clinics in the region.
Europe:
Europe is also a significant market for aesthetic fillers, with countries like the UK, Germany, and France leading the demand for cosmetic procedures.
Asia Pacific:
The Asia Pacific region is witnessing rapid growth in the aesthetic fillers market due to the increasing awareness about beauty treatments and the rising disposable income of the population.
Key Market Players and Competitive Landscape
- Allergan
- Galderma
- Merz Pharma
- Sinclair Pharma
- Suneva Medical
Recent Happenings in the Aesthetic Fillers Market
- Allergan launched a new line of hyaluronic acid fillers with improved longevity and natural-looking results.
- Galderma introduced a new calcium hydroxylapatite filler for cheek contouring, which has received FDA approval.
- Merz Pharma collaborated with a leading plastic surgeon to develop innovative poly-L-lactic acid fillers for wrinkle reduction.