How Release of New Cosmetic Products by Top Dermal Fillers Brands is Catalyzing the Aesthetic Sector

Dermal fillers are gel-like substances that are injected beneath facial skin for the improvement of aesthetics while addressing problems, including wrinkles, restoring lost volume and acne scars, and enhancing lips and facial lines. The rise in disposable income across the globe, especially in emerging regions, is poised to lead to an increase in the volume of these procedures for the enhancement of facial features.

Moreover, the rise in the number of product releases is slated to surge the market growth. New releases of products featuring a diverse array of applications are boosting the demand for aesthetic procedures. Another factor boosting the market growth is increasing R&D coupled with increasing demand for dermal filler procedures. The International Society of Aesthetic Plastic Surgery reported nearly 5,279,344 hyaluronic acid filler procedures were carried out across the globe in 2021.

As per a report by Fortune Business Insights™, the market for dermal fillers reached USD 5.08 billion in 2023 and is set to reach USD 10.16 billion by 2032 with a CAGR of 8.1% during the study period of 2024-2032. The market is expected to be valued at USD 5.44 billion in 2024. The global dermal fillers market reflects a consolidated competitive landscape, with top 3 dermal fillers brands accounting for two-third of the market. The consolidation of the market is due to the presence of three prominent companies such as AbbVie Inc. (Allergan Aesthetics), GALDERMA, and Merz Pharma.

Furthermore, the market represents a varied competitive landscape, with both emerging companies and established corporations. Revance Therapeutics, Inc. and Merz Pharma have active engagement in strategic measures, including collaborations and the release of new products to strengthen their presence in the market. Likewise, top dermal filler brands in the industry, including Galderma and Sinclair Pharma, are emphasizing the release of new products in major regions to boost their revenue share.

How is the Surging Trend of Adoption of Dermal Fillers by Males Boosting Market Growth?

The market is observing the surging tendency among male demographic groups to go through procedures to improve their appearances. A news article by the American Society of Plastic Surgeons reported the growing popularity of cosmetic injectable procedures among males. They are switching toward procedures, including botox and dermal fillers, for the enhancement of their appearance.

Fortune Business Insights™ Profiles Top 5 Dermal Fillers Brands/Companies in the Market

1) AbbVie Inc.

AbbVie Inc. is the most prominent and dominant company in the market. It is a leading name in the dermal fillers industry and has witnessed considerable growth in the market through acquisitions and collaborations. In 2019, the company made its entry into the market by acquiring Allergan plc. It has generated revenue worth USD 1,378.0 million by selling dermal fillers in 2023. JUVÉDERM VOLBELLA XC, JUVÉDERM VOLUX XC, and JUVÉDERM Ultra XC are some of the leading products of the company. In March 2024, it announced that it had bagged the U.S. FDA approval for JUVÉDERM VOLUMA XC, which is a hyaluronic acid dermal filler for the enhancement of moderate to severe temple hollowing in adults aged 21 and above.

2) GALDERMA

GALDERMA is one of the prominent providers in the market, offering a varied range of aesthetic solutions and products. It captures the second position in the global market. It is widely present across the globe, with operations in more than 90 nations. Its product portfolio is inclusive of poly-L-lactic acid and hyaluronic acid fillers. In addition, it provides other aesthetic products, including neuromodulators for varied indications, including dermatological skincare, therapeutic dermatological products, and preventing the formation of wrinkles. In 2023, the company secured approval from the U.S. FDA for Restylane Eyesight, which is a hyaluronic acid-based dermal filler. The product has been made similar to a natural hyaluronic acid for the treatment of under-eye hollows.

3) Merz Pharma 

Merz Pharma is the third-leading company among the top dermal fillers brands in the market. The company is engaged in distributing and developing different aesthetic and pharmaceutical products, such as dermal fillers. It has a presence directly in 28 nations, and its portfolio is inclusive of Belotero, which is a hyaluronic acid filler; Artefill, which is a permanent filler made by deploying polymethylmethacrylate microspheres suspended in a collagen matrix; and Radiesse, which is a calcium hydroxylapatite filler with a biostimulator. In February 2024, the company announced that it had got EU approval for Radiesse to be deployed to treat decollete area wrinkles.

4) REVANCE AESTHETICS

REVANCE AESTHETICS accounts for the fourth position in the global market. It has expertise in dermal fillers and next-generation neuromodulator products, providing innovative products. Resilient Hyaluronic Acid (RHA) by the company is the first hyaluronic acid filler that has received approval from the FDA for dynamic facial lines. Its dermal fillers portfolio is inclusive of resilient hyaluronic acid fillers, such as the RHA Redensity, RHA 2, RHA 3 and RHA 4. In December 2021, the company announced that it has got the U.S. FDA approval for RHA Redensity for the treatment of moderate to severe lip lines in adults aged 22.

5) Sinclair

Sinclair, based in the U.K., is a fully-owned subsidiary of Huadong Medicine Company Limited and one of the prominent companies in the market, with the fifth position. It captures a suitable proportion of the global market, with prominent products such as Perfectha, which is a hyaluronic acid filler; Ellanse, which is a polycaprolactone dermal filler for instant volume; and LANLUMA, which is a collagen-stimulating injectable filler. In May 2021, the dermal fillers company announced the release of MaiLi, which is a novel hyaluronic acid facial filler. MaiLi’s product line includes Extreme, Volume, Define, and Precise.

Trend of Minimally Invasive Cosmetic Procedures in the Aesthetic Sector to be the Future

The growth in demand for minimally invasive cosmetic procedures is set to propel the market expansion. People have adopted pain-free and easier procedures for a radiant and youthful face in recent times. A transition of patients toward minimally invasive cosmetic procedures is being observed due to risks pertaining to invasive surgeries that need additional time for recovery. Moreover, the market is witnessing the launch of products progressively by top dermal fillers brands in the aesthetics sector to address the growing demand for medical aesthetics.