Facial Injectables are also referred as Facial fillers or dermal fillers used for rejuvenating facial skin by raising scar depressions, enhancing lips, eliminating/reducing wrinkles and replacing soft-tissue volume loss through facial injections.
Scope of the Report:
The injectables include products such as hyaluronic acid, collagen and calcium hydroxyl apatite. and are used to increase the customer’s aesthetic beauty. Changing perception towards the beauty is projected to enhance the industry growth globally. Increasing awareness among consumers for defying the signs of ageing and growing emphasis on physical appearances has led to the consumer spending on facial injectables for cosmetic purposes including reducing deep lines, scar lightening, and easing out wrinkles. However, surgeons prefer facial dermal fillers complementary to face lift instead of various surgical rejuvenation procedures.
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The procedure of facial injectables is minimally invasive and hence requires lesser recovery time for aesthetics such as plastic surgeries or face lift. The factor is projected to play a major role in shaping the trajectory of facial injectable market over the forecast period. Furthermore, the procedure is anticipated to gain popularity owing to low instances of postsurgery infections, reduced scarring, lower pain, faster recovery and high accuracy & maximum benefits.
Examples of few commercially available dermal fillers are Restylane (Hyaluronic Acid-Based Filler), Juvederm (Hyaluronic Acid-Based Filler), PREVELLE Silk (Hyaluronic Acid-Based Filler), Hydrelle (Hyaluronic Acid-Based Filler) and others. The increased demand from middle aged & growing urban population and raising esthetic standards are also anticipated to drive the industry growth. The factor also infers that the target age group for such products is men and women aged between 35 to 60 years
Market Segments:
The demand to enhance aesthetic beauty and growing number of geriatric population are also responsible for a boost in the industry growth. However, strict regulatory concerns associated with injectable products and side effects of such products such as rashes are expected to restrict the market growth. Various advanced medical procedures such as endoscopy, laparoscopy, arthroscopy and minimally invasive surgeries are also used for facial rejuvenation. For example, in 2014, International Society of Aesthetic Plastic Surgery (ISAPS) reported that more than 20 million surgical and nonsurgical cosmetic procedures were performed globally. In the same year, the number of HA-based surgeries performed was 2,690,633, which then increased to 2,865,086 by 2015.
By Regional Analysis:
Geographically, North America region market is projected to acquire major share of facial injectables market where U.S. is expected to hold the largest share in terms of revenue owing to high awareness about aesthetic surgical procedures and increasing number of people opting of aesthetic surgeries. Furthermore, growing demand for younger looking skin in the entertainment industry and organized regulatory framework are also assisting in the industry growth over the forecast period.
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Facial fillers are also utilized in indications such as correction of nasolabial folds, lip augmentation, correction of moderate to severe facial folds and wrinkles, dermal implantation, depressed cutaneous scars, cheek augmentation and correction of acne and other such conditions. Asia Pacific region is also expected to drive the market growth over the forecast period owing to the increasing beauty concerns among the mid-age population.
By Key Players:
The major key players operating in the market include Merz, Inc., Allergan, Plc, Advanced Dermatology L.P., ColBar LifeScience Ltd., Galderma Laboratories, Sanofi Biosurgery Inc., Anika Therapeutics Inc. and Valeant Pharmaceuticals North America LLC.
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