Facial Injectable Market 2019-2021 – An Immortal Industry with a Stunning CAGR of 13.2%

“Facial Injectable Market”
MRFR is the Leading Brand in The Research Company who Recently Published Facial Injectable Market Research Reports which includes Study of growth, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2021

The Global Market For Facial Injectable is expected to reach USD 9.04 billion by the end of the forecasted period 2023 and is expected to grow at a CAGR of 13.2%.

The Market for Facial Injectable is been driven by numerous factors. However rising proportion and absolute numbers of older people led by baby boomers generation with good incomes are the critical driving factor for the global facial injectable market. According to the World Health Organization estimates between 2015 and 2050, the proportion of the world’s population over 60 years will double from 12% to 22% which will be a positive development for the market.

Another critical driver and the motive behind the market is the primal desire to remain young. The extension of life has been a primal desire of humanity and a mainstay motif in the history of scientific pursuits and ideas throughout history, from the Egyptian Smith medical papyrus, Ayurveda practitioners, alchemists, etc. This primal desire for youth has driven the market for anti-ageing drugs since time immemorial.

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The growing influence of lifestyle, fashion and film industry have led to rising demand of medications to slow the ageing and its signs. Health and youth wellness have become a status symbol and youthful appearance is penetrating people’s life and there is increasing consumerization of youth. The growth of media such as television and lifestyle magazines have led to a craze for youthful appearance.

Other driving factors are primal desire of humans to remain young, influence of lifestyle industry and rising awareness about wellbeing, high levels of disposable incomes etc. The market restraints are skepticism and concerns of safety regarding the unrestricted use of anti-ageing drugs without greater and clearer experimental validation. Ambiguity of the definition of anti-ageing drugs is also a cause of concern. For example, numerous cosmetics have been included or claimed to have anti-aging effects and have been termed as Cosmeceuticals. Cosmeceutical is defined by the cosmetic industry as cosmetic products that have medicinal or drug like effects which is not supported by the U.S. Food and Drug Administration (FDA) or the Food, Drug and Cosmetic Act.

The facial injectable market is a technological oriented market having a high research and development potential due to advancement in technologies and cellular understanding which are keys to unravel the exact mechanism of ageing. Gene therapy, stem cell technology and targeted delivery of nutrients using biotechnology are expected to open the gates for anti-ageing drugs. The development of biomarkers for physiochemical modifications in the body such as alteration of concentration of an enzyme or hormone provides another exiting avenue for the future market. For example, levels of homocysteine have been proposed as a marker of age-related changes in the body so as to compensate the change by drugs.

On the flip side, skepticism and concern associated with safety regarding unrestricted use of anti-aging drugs without experimental validation are likely to retard the market growth during the forecast period. Adverse effects related to injectables like nausea, neck & back pain, allergic reactions, and rash are presumed to inhibit the market growth in the coming years.

Facial Injectable Market – Key Findings

  • The Facial Injectable Global Market and is expected to reach USD9.04 billion by 2021.
  • Botulinum Toxin holds the largest share of the market.
  • North America holds the largest market share of facial injectable market and is anticipated to reach USD 3.42 billion by the end of forecast period.
  • Globally, Asia-Pacific the fastest growing region and expected to grow at the CAGR of 13.6% during the forecast period.

Facial Injectable Market – Key Players

Some of the key players in his market are: Allergan, Galderma, Integra Lifesciences, Merz Pharma, Sanofi, SciVision Biotech Inc, Sinclair. Suneva Medical and Valeant Pharmaceuticals.

Industry News

October 3, 2108: Allergan plc has recently announced the launch of a new JUVÉDERM advertising campaign which has been created to empower the next generation of consumers to JUVÉDERM IT. JUVÉDERM IT was designed to further Allergan’s goal of making the JUVÉDERM Collection of Fillers the first choice for consumers.

Facial Injectable Market – Segmental Analysis

The Global Facial Injectable Market has been segmented on the basis of type, application, and region.

By mode of type, the global facial injectable market has been segmented into collagen, botulinum toxin, hyaluronic acid, and polymers & particles.

By mode of application, the global facial injectable market has been segmented into face-lift, facial line correction treatment, lip treatments, and others.

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Facial Injectable Market – Regional Insights

Geographically, the Facial Injectable Market span across regions namely North America, Europe, Asia Pacific, and Rest-of-the-World.

Among all the regions, North America is presumed to dominate the global market for facial injectable and is anticipated to reach USD 3.42 billion by the end of the review period. The growth is attributed to the rising approvals of facial injectable products in emerging countries.

Asia Pacific is considered to be the fastest growing market during the assessment period owing to the presence of major countries such as India and China. The market in this region is majorly influenced by the tourism and fashion industry. One of the hindering factors of this region is the high cost of treatment and poor per capita income.

Europe is considered to hold a substantial market share due to the growing consumer disposable income coupled with the presence of advanced healthcare infrastructure.

Moreover, the porn industry is also affecting the market to a great extent and it has been noticed that the rise of cosmetic surgery has a linear relationship with bandwidth of the internet.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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