Dermal Fillers Market Size, Share & Trends Analysis Report By Product (Hyaluronic Acid, PLLA), By Type (Biodegradable, Non-biodegradable), By End-use (Hospitals, MedSpa), By Application, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global dermal fillers market size was valued at USD 6.34 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 8.7% from 2023 to 2030. The rising demand for minimally invasive aesthetic procedures, the growing trend of ageless beauty, and increasing awareness among the young population about physical appearance are some of the major factors driving the growth of the market. Dermal fillers are a non-invasive alternative to surgical procedures like facelifts, brow lifts, and other aesthetic procedures. Many people prefer to avoid surgery, and dermal fillers provide a way to achieve a more youthful appearance without going under the knife. They address various concerns, including wrinkles, volume loss, and sagging skin.

They can also be used on different areas of the face, including the lips, cheeks, and under the eyes. Furthermore, the increasing global geriatric population and technological developments in medical aesthetic products are further expected to propel market growth. However, the adoption of the aesthetic procedure is expected to be restrained during the forecast period owing to the high costs associated with the aesthetic procedures and dermal filler treatments like fat face and polymethyl-methacrylate microspheres. For instance, as per the American Society of Plastic Surgeons, the approximate price of polymethyl-methacrylate microspheres is USD 1,058. And the approximate cost of a fat face procedure is about USD 2,508.

Furthermore, Due to the expensive dermal filler procedures, some consumers have turned to the internet black market to purchase do-it-yourself fillers. There have been many reports in the medical literature and media outlets of risky side effects caused by the self-injection of fillers by non-medical professionals.Dermal fillers can be customized to meet the unique needs and desires of each patient. Different types of fillers can be used to achieve different effects, and the amount and placement of the filler can be adjusted to achieve the desired result. They are injectable treatments that can be done in a doctor's office to treat wrinkles and replace lost volume, giving the face a more youthful look.

Age-related bone damage in the face over time can cause the jawline to retract, the forehead to descend, and the loss of high cheekbones. In addition, the decrease in the elasticity & volume of the facial muscles and the reduction in the movement of facial fat further emphasize the signs of aging. Ultimately, the skin stretches and lowers its elasticity combined with the loss of scaffolding supported by muscle, fat, and bone, this may lead to wrinkles, sagging skin, and other common signs of aging. As per the report by The Aesthetic Society, Americans spent over USD 14.6 billion on aesthetic treatments in 2021 with surgical revenues increased by 63%. The use of dermal fillers for facial aesthetics procedures has become increasingly popular in recent years.

The younger population under 18 years of age is also a significant consumer. In 2020, As per the American Society of Plastic and Reconstructive Surgeons, teens aged 13-19 years accounted for around 230,000 aesthetic surgical treatments and approximately 140,000 non-invasive procedures with many other unreported procedures, that weren’t performed by a certified medical practitioner. Breast surgeries and nose jobs were the most common among teens as per the study.

Product Insights

The hyaluronic acid segment dominated the market in 2022 and accounted for the largest share of 65.74% of the overall revenue.The segment is anticipated to continue its dominance over the forecast period. Hyaluronic acid is a naturally occurring substance in the body, found in the skin, connective tissue, and eyes. It is a sugar molecule that attracts and retains water, which helps keep skin plump and hydrated. As hyaluronic acid is a natural substance, it is well-tolerated by the body and is less likely to cause allergic reactions or other adverse effects. Hyaluronic acid dermal fillers can be used to treat a variety of concerns, including fine lines, wrinkles, deep folds, and volume loss.

They can also be used to enhance the lips and cheeks and to improve the appearance of scars and other skin imperfections. They are available in different formulations, allowing practitioners to customize treatments to each patient’s individual needs. They can vary in thickness, consistency, and longevity, and can be injected at different depths in the skin to achieve specific effects. Hyaluronic acid dermal fillers have a low risk of complications when administered by a trained and experienced practitioner. Any adverse effects are typically temporary and can be easily corrected.

Type Insights

The biodegradable type segment dominated the industry in 2022 and accounted for the largest share of 66.28% of the overall revenue. The segment is anticipated to expand further at the fastest CAGRretaining its dominance over the forecast period. Biodegradable dermal fillers are made from materials that naturally occur in the body, such as hyaluronic acid, polycaprolactone, and poly-L-lactic acid, as they are biocompatible, they are less likely to cause allergic reactions or other adverse effects.

They are designed to mimic the natural contours of the face and provide a subtle, natural-looking enhancement. They can be used to restore volume, fill in wrinkles and fine lines, and enhance facial features, such as the lips and cheeks. Unlike permanent fillers, biodegradable dermal fillers are designed to be gradually broken down and absorbed by the body over time. This means that patients can adjust their appearance as their needs and preferences change. Furthermore, these dermal fillers are available in different formulations that cater to individual needs.

Application Insights

The wrinkle correction segment dominated the market and held the largest revenue share of 30.2% in 2022. Dermal fillers are designed to provide a subtle, natural-looking enhancement that does not appear overdone. This makes them a popular choice among consumers. They provide a non-surgical option for correcting wrinkles and other signs of aging. However, the duration of results can vary depending on the specific product used.Most dermal fillers provide results that last from 6 to 18 months. This makes them a convenient and cost-effective option for many consumers who want to maintain a youthful appearance without undergoing surgery or more invasive procedures.The facial contouring segment is expected to witness the fastest CAGR over the forecast period.

Rising consciousness abouthaving a more defined and sculpted facial appearance supports segment growth. The convenience & safety of non-surgical procedures and the influence of social media & the beauty industry have all contributed to the rapid growth of facial contouring in the market. Facial contouring can help individuals achieve a more defined and sculpted facial appearance. This technique involves the use of dermal fillers to enhance specific facial features, such as the cheekbones, jawline, and chin. Furthermore, advancements in dermal filler technology have made the procedure safer and more effective. Newer fillers are designed to provide longer-lasting results with fewer side effects.

End-use Insights

The medSpa segment dominated the industry and held the largest revenue share of 48.7% in 2022. The segmentis anticipated to expand further at a steady CAGR retaining its dominance over the forecast period. Medical spas are staffed by licensed medical professionals, such as doctors or nurse practitioners, who have specialized training in administering dermal fillers. Patients may feel more comfortable knowing that their treatment is being performed by a qualified and experienced medical professional. They are designed to provide a soothing and calming environment for patients. Many offer amenities, such as soft music, aromatherapy, and comfortable seating, to help patients feel relaxed and at ease during their treatment.

Medspas often offer a wide range of cosmetic services in addition to dermal fillers, such as Botox injections, laser treatments, and facials. Patients may prefer to receive multiple treatments in one location, rather than having to visit multiple providers. Many medical spas have flexible scheduling options, including evenings and weekends, which can be more convenient for patients with busy schedules. In addition, some medspas may offer online scheduling and appointment reminders to make the process as seamless as possible. Furthermore, they offer customized treatment plans that are tailored to each patient's needs & goals.

Regional Insights

North America dominated the market and accounted for the largest revenue share of 44.69% in 2022. This is owing to the increasing demand for non-surgical aesthetic procedures, increasing popularity among men, and the growing trend of ageless beauty in the region. The population in North America is highly concerned with physical appearance and beauty standards. This has led to a high demand for dermal fillers to enhance facial features and reduce the signs of aging. Furthermore, the region has many skilled practitioners, including dermatologists, plastic surgeons, and medical aestheticians, who are trained in administering dermal fillers.

This has made the procedure more accessible and widely available. Moreover, North America has some of the most advanced technology in the field of cosmetic medicine and has a highly developed healthcare infrastructure, including the latest generation of dermal fillers. This provides more effective and safe treatment options for patients.Asia Pacific is expected to witness the fastest CAGR over the forecast period. The Asia Pacific region has a very large population, which has led to a growing demand for dermal fillers to address aging-related concerns.

As disposable income increases in the region, more people can afford cosmetic procedures. The Asia Pacific region is a popular destination for medical tourism, with many people traveling to the region for cosmetic procedures, which has driven the growth of the regional market. Furthermore, beauty standards in the Asia Pacific region are changing with a growing emphasis on features, such as high cheekbones and full lips. This has led to an increase in demand for dermal fillers in the region.

Key Companies & Market Share Insights

The key companies are attempting to enhance their product portfolio by upgrading them and exploring acquisitions and government authorizations to increase their client base and obtain a larger market share. Furthermore, key players are implementing strategies such as partnerships, mergers and acquisitions, product and service launches, agreements, joint ventures, collaboration, and expansion to strengthen their position in the market. For instance, in February 2020, BioScience GmbH, an aesthetic product provider & manufacturer launched the latest variety of monophasic dermal fillers. The range consists of two products, the Hyaprof Balance and the Hyaprof Soft, which as per the company, can be used separately or in combination for superficial dermis treatments and deeper injections. Some of the major players in the global dermal fillers market include:

• Merz Pharma

• Suneva Medical, Inc.

• Medytox Inc.

• Sinclair Pharma

• Prollenium Medical Technologies

• Galderma

• Allergan, Inc.

• Revance Therapeutics Inc.

• Bioplus Co. Ltd.

• Bioaxis Pharmaceuticals

• Teoxane Laboratories.

• Huadong Medicine Co., Ltd.

• Marllor Biomedical SRL

Dermal Fillers Market Report Scope

Global Dermal Fillers Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global dermal fillers market report based on product, type, application, end-use, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Hyaluronic Acid

  • Calcium Hydroxylapatite

  • Polylactic Acid (PLLA)

  • Polymethyl-methacrylate Microspheres

  • Others

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Biodegradable

  • Non-biodegradable

• Application (Revenue, USD Million, 2018 - 2030)

  • Wrinkle Correction

  • Facial Contouring

  • Scar Treatment

  • Lip Enhancement

  • Others

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • MedSpa

  • Cosmetic Surgery Clinics

  • Hospitals

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Spain

    • Sweden

    • Denmark

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Thailand

  • Latin America

    • Mexico

    • Brazil

    • Argentina

  • MEA

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait