Description

Global Dermal Fillers Market was valued at US$ 2,462.4 Mn in 2020 and is anticipated to grow at US$ 4,869.3 Mn by 2027 recording a CAGR of 10.2% during the forecast period 2021-2027. Global Dermal Fillers Market owing to increasing adoption of minimally invasive aesthetic procedures coupled with increasing number of aesthetic dermal filler procedures in the United States, Germany, Brazil, and many other countries. For instance, According to the 2017 U.S. Census Bureau Current Population Survey, there are 148.4 million U.S. adults ages 30-65. According to the survey conducted by The Harris Poll, 6.1% of U.S. adults ages 30-65 have used a dermal filler. In 2017, more than 2.7 million procedures of dermal fillers were performed which has been increased by 3% from 2016. Furthermore, regulatory is not so strong for dermal filers market which is the major factor for the manufacturer to attract the young ladies to use the products that enhances the sales and revenue of the company. In addition, availability of technologically advanced and user-friendly products coupled other factors such as increasing social acceptance for aesthetic products, and market player’s expansion strategies into emerging countries are anticipated to drive the growth of the market over the future years. However, cost of the dermal filler procedures leading to on-line purchase of black market which is expect to be 2/3rd of the Chinese actual market size in China, No rules and regulations on dermal fillers in countries like United Kingdom, Brazil, and other countries are anticipated to restrain the growth of the market.

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