The Worldwide Dermal Fillers Treatment Industry is Expected to Reach $7.4 Billion by 2030 - ResearchAndMarkets.com | Business Wire

2022-09-09 19:14:50 By : Ms. Taylor Wang

DUBLIN--(BUSINESS WIRE )--The "Global Dermal Fillers Treatment Market, by Material, by Product, by Application, by End-user, Estimation & Forecast, 2017-2030" report has been added to ResearchAndMarkets.com's offering.

The global dermal fillers treatment market held a market value of USD 3,485.6 Million in 2021 and is estimated to reach USD 7,470.8 Million by the year 2030. The market is projected to list a CAGR of 9.53% during the forecast period.

Moreover, the market held a volume of 875.4 thousand tons in 2021.

The dermal fillers treatment industry is projected to grow at a substantial rate owing to the increasing inclination towards cosmetic procedures.

The rise in skincare clinics, as well as wellness centre numbers boosts the growth rate of the industry. The surge in medical tourism and medical aesthetics is fueling the growth of dermal fillers treatment market. For instance, the Girl Scouts Research Institute mentioned that nearly half of girls ages 13 to 17 wish they were as skinny as the models in fashion magazines.

However, the market is likely to be negatively influenced by the side effects of the products. Furthermore, the competitive pricing models is also expected to hinder the market growth.

Increase in number of cosmetic procedures

The rising number of medical aesthetic procedures contributes heavily towards the growth rate. According to the statistics by the International Society of Aesthetic Plastic Surgery, the highest amount of aesthetic and plastic surgeries in Europe are performed in Germany, France, Italy respectively. Such an increase in aesthetic as well as plastic surgical procedures contributes substantially towards the growth rate of the market.

Growing influence of celebrities among young population

The rising influence of celebrities on teenage and youth around the world indirectly leads to the demand of dermal fillers and other cosmetic procedures. For instance, the Today Show and Aol.com conducted an Ideal to Real body image survey which stated that 80 percent of teen girls compare themselves to celebrity images and almost half of the girls stated that the celebrity images make them feel dissatisfied with their appearance.

Appearance is among teenagers' top concerns. Author Lisa Bloom revealed in her book, Think: Straight Talk for Women to Stay Smart in a Dumbed-Down World, revealed that 25% of the young American women would rather win America's Next Top Model than the Nobel Peace Prize.

The global dermal fillers treatment market report answers questions such as:

The global dermal fillers treatment market is segmented into material, product, application, and end user.

The hyaluronic acid segment held more than 70% of the market share in 2021. The fat fillers segment is anticipated to grow at a highest rate of 9.26%.

The biodegradable is projected to hold an opportunity of more than USD 3,000 Million during 2022 to 2030.

The wrinkle correction treatment is estimated to grow at the highest CAGR of 10.12% owing to the high use of dermal fillers in this type of treatment.

The specialty and dermatology clinics held the largest market share of more than 60% in 2021 owing to the increasing awareness and conduct of aesthetic procedures in derma clinics.

For more information about this report visit https://www.researchandmarkets.com/r/skzhyn

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900