Bovine Collagen was the first agent approved by FDA as a cosmetic injection. Approval of Bovine Collagen paved the way for various other innovative cosmetic tools and injections, with dermal fillers gaining robust traction among end users. Today, the global dermal filler market is worth millions of dollars, with a recent forecast by Future Market Insights projecting the market to grow at a CAGR of 6.4% through 2026. Key reasons fuelling the demand for dermal fillers include,
Everyone strives for impeccable presentation to bag appreciation and compliments after investing time in front of their mirrors. However, self-presentation is not a choice, but a necessity for people working in professions such as media, movie making or those who represent an organisation. Such factors are estimated to boost demand for dermal fillers. Due to these factors, demand for dermal fillers is projected to remain strong in the near future.
- Unhealthy Practices and Health-Related Issues:
As health loses the blame game, our sedentary life wears the crown of culprit inciting stress, which, in turn pumps us with frustration and negativity, making us frown. Due to growing stressful sedentary life, many opt to smoke. This in turn results in early ageing and fast wrinkles on the face. Dramatic weight loss or gain, genetic predisposition and exposure to extreme weather conditions such as unabating heat, summer or cold temperature are factors that have further escalated demand for dermal fillers, which, in turn, is predicted to boost growth of the global dermal fillers market in the coming years.
- Better Option:
Less pain and more gain is what dermal fillers offer. People who are ageing fast need to fret not, as it does not take a severe surgical operation to rebuild wrinkled, scarred or damaged skin. Moreover, various people are victims of unprecedented accidents, due to which they have scarred skin, can opt for treatment by dermal fillers to retrieve their skin and look good. Innumerable people use dermal fillers as a cosmetic tool, to enhance their appearance and beauty. Such factors have significantly contributed towards growth of the global dermal fillers market in the upcoming years.
- Socio-Economic Reasons:
Conversely, another factor that contributes towards fast ageing and early wrinkles is due to various diseases or side effects of various medical treatments. Another factor adding to the list is emotional stress, due to which people frown, cry or are constantly stressed. Such factors further escalate demand for dermal fillers. Furthermore, loss of bones, collagen or elastin lead to irresistible wrinkles, which compels customers to opt for dermal filling. Such factors are estimated to spike up growth of the global dermal fillers market over the following decade.
- Geographical analysis:
Among various regions, North America is projected to dominate the dermal filler market owing to growing dermal problems. The dermal filler market in North America accounts for major market share, expanding at a CAGR of 6.5% over the forecast period. Whereas, growing prevalence of skin problems, treatment of acne scar add to patient population propelling demand for dermal fillers in APAC. However, owing to accurate and quick results without any side effects in developing countries of APAC and MEA has revved up growth of the dermal filler market in the region.
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While everyone strives to bag an impeccably good skin and look, there are innumerable reasons dermal fillers have been rapidly adopted by various healthcare institutes, hospitals and clinics. Treatment using dermal fillers have leveraged demand in the global market, further compelling various market players to invest in enhancing range of such products. Innumerable online portals highlighting expensive treatment and side effects of using dermal fillers, however, adoption of technique is undeniably more. Opting for treatment from
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