The market was extensively studied for important countries in North America, Europe, Asia-Pacific and Rest of the World. Along with all the leading countries, the market was also studied for France, Italy, China, Japan and India.
October, 2018: Axiom Market Research & Consulting™ added a report on global facial injectables market. The global facial injectables market is anticipated to grow at a CAGR of 13.52% for the forecast period 2020 to 2025. The global market is estimated and forecasted in terms of revenue (USD million) generated by the facial injectables market. The market was studied for various product types such as Botulinum Toxin. Hyaluronic Acid, Practical &Polymer Filler and Collagen. Based on treatment, the global facial injectables market is categorized into Wrinkle Reduction, Facelift, Lip Augmentation and Other. By end user, the facial injectables market is segmented into Hospitals, Dermatology Clinics, Medical Spas and Dermatology Research institutes. Moreover, the key regions considered for the study were North America, Europe, Asia-Pacific and Rest of the World.
Increasing trend of anti-aging treatments and the demand to look younger is driving the facial injectables market
The demand for facial injectables has led to an increase in the growth of market. Among baby boomers, especially in developing countries, the facial injectables are trending as people consider it as a part of a normal health treatment due to their desire to maintain a natural and healthy appearance. Moreover, there has been an increase in the number of skilled medical professionals that perform anti-aging procedures. Various marketing strategies implemented by clinics and vendors also plays a key role in fueling the demand for facial injectables.
Botulinum toxin segment dominated the facial injectables market in 2018
Amongst product type, the botulinum toxin segment accounted the highest market share in 2018 as botulinum toxin represents one of the latest and most revolutionary treatments in facial rejuvenation. The major advantage of botulinum toxin is that it causes the muscles to relax and weaken and in low doses or lower quantity, it is used to improve the appearance of lines and wrinkles.
Lip augmentation treatments are anticipated to grow at a fastest rate over the forecast period
The lip augmentation is anticipated to grow at a higher CAGR during the forecast period. Lip augmentation is a cosmetic procedure that can give fuller and plumper lips. Currently, an injectable dermal filler is the most commonly used method for lip augmentation. Additionally, Lip augmentation with the use of injectable fillers achieves quick results with minimal downtime.
The medical spas segment is projected to grow at highest CAGR during the forecast period
The medical spas segment is anticipated to grow at a higher CAGR during the forecast period. The growth of the medical spas segment in the facial injectables market is mainly driven by technological advancements in facial injectables products, rising number of aesthetic procedures and increasing demand for aesthetic treatments among the male population.
Asia Pacific is anticipated to be the fastest growing market during the forecast period 2019 to 2025
Asia Pacific is expected to grow at a faster pace owing to the increasing population, rapidly developing economies, such as India and China and availability of untapped growth opportunities in the region. Likewise, North America accounted for largest market share in 2018. Growth of North America facial injectables market is primarily driven by reasons such as aging population, increasing expenditure by public and private sources on healthcare, rising demand for minimal invasive aesthetic procedures.
The leading players of the global facial injectables market are Allergan Plc, Merz pharma, Galderma Laboratories, LP. (Nestle Skin Health), Anika Therapeutics, Inc, Suvena Medical Inc, Prollenium Medical Technologies, Bloomage Biotechnology Corporation Limited, Sinclair Pharma, Teoxane, etc. Bloomage BioTechnology Corporation Limited, Sinclair Pharma, Teoxane among others.
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