Facial Injectors Market Size is Boosting by Favorable Reimbursement Scenario Growth
Facial Injectors Market Overview
The facial injectors market size report expects the industry to grow at a high CAGR of 11.40% during the forecasted period from 2022-2030 and to reach the market value of USD 14571.47 million by the end of the forecasted period 2022-2030.
As people become older, the amount of collagen in their skin begins to decline, which causes a loss of skin elasticity and subcutaneous fat. As a result, smile lines and wrinkles start to form on the face as the skin is drawn closer the facial working muscles. Dermal fillers or facial injectors can help address the signs of aging and add extra shine, therefore they are an excellent solution for all of these problems.
Regional Analysis
Global Facial Injectors Market has been studied in five Key Regions— Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The US and Canada are the key country-level markets in the Americas. The regional market growth is primarily attributed to the high demand for facial treatments in the region, which is likely to create additional opportunities for the service providers operating in the facial injectors market in the Americas.
The European facial injectors market includes the UK, Germany, France, Italy, and the Rest of Europe. Prominent players such as Galderma S.A., Merz Pharma, Sinclair Pharma, Sanofi, and Ipsen Pharma are driving market growth in the region. Moreover, due to the increasing number of face-lifts and lip treatments, there will likely be an increased requirement for facial injectors in the region.
Asia-Pacific accounted for the third-largest market share. The region is expected to be the fastest-growing market for facial injectors during the review period. The Asia-Pacific facial injectors market covers China, Japan, India, Australia, and the rest of Asia-Pacific. The region is gaining prominence in the global healthcare industry and is projected to become the world’s leading market. Additionally, the increasing demand for facial treatments in the region is expected to drive the regional market's growth.
The regional market growth is significantly driven by the presence of major countries, such as the UAE, Saudi Arabia, and Israel. The region has witnessed notable economic growth in the past few years. One of the major factors driving the economy in the region is enhanced healthcare facilities. The demand for facial injectors is expected to increase due to the rapid increase in the number of face-lift and lip treatments in the region.
Segmental Analysis
Extensive research has been conducted on the Global Facial Injectors Market, which has been segmented by Type, Application, and End User.
Global Facial Injectors Market has been segmented into dermal fillers/injectable implants and anti-aging/anti-wrinkle injections based on type.
By application, the global facial injectors market has been classified into facial line correction treatment, face-lift, lip treatments, and others.
The global facial injectors market has been segmented into dermatology clinics & cosmetic centers, hospitals, and others based on end-user.
Competitive Analysis
The Prominent players listed in the Facial Injectors Market outlook report are AbbVie Inc. (US), Galderma S.A. (Switzerland), Merz Pharma (Germany), Bausch Health Companies Inc. (Canada), Integra Lifesciences Corporation (US), Sanofi (France), Sinclair Pharma (UK), Suneva Medical, Inc. (US), SciVision Biotech Inc. (Taiwan), Revance Therapeutics, Inc. (US), Merck KGaA (Germany), and Ipsen Pharma. (France).
Mergers, acquisitions, and collaborations are a few of the key growth strategies adopted by these companies to compete in the global market.
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