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The global hyaluronic acid based dermal fillers market size was valued at USD 3.88 billion in 2022. The market is projected to grow from USD 4.13 billion in 2023 to USD 7.15 billion by 2030, exhibiting a CAGR of 8.1% during the forecast period.
This information is provided by Fortune Business Insights in its report titled, “Hyaluronic Acid Based Dermal Fillers Market Size, Share & COVID-19 Impact Analysis, By Crosslinking Type (Monophasic and Biphasic), By Application (Scar Treatment, Wrinkle Correction Treatment, Lip Enhancement, Restoration of Volume/Fullness, and Others), By End-user (Specialty & Dermatology Clinics, Hospitals & Clinics, and Others), and Regional Forecast, 2023-2030.”
Hyaluronic acid based dermal fillers are also called hyaluronan, a clear element that is naturally generated in the human body. There are two kinds of hyaluronic acid based dermal fillers accessible, involving biphasic and monophasic. The players functioning in the market are emphasizing on continual invention and upgrade of their product portfolio with novel and proficient product offerings for enhanced and precise aesthetic consequences for patients.
COVID-19 Pandemic Deaccelerated Market Growth in 2020 due to Closing of Dermatology Clinics
The impact of COVID-19 led to lower demand for HA-based dermal fillers in 2020. This is accredited to the elimination of dermal filler surgeries and reduced admission rate for anti-aging treatment during the pandemic. The extensive commotion triggered by COVID-19 has substantially swayed the production of raw hyaluronic acid. The infliction of lockdown in possibly impacted areas resulted in a termination in the supply chain of dermal fillers, resulting in a drop in sales.
Galderma to Unveil Expansive New Clinical Record Across its Portfolio at IMCAS World Congress 2022
Galderma will offer a series of novel clinical information and evaluations throughout its portfolio during nine meetings and two conferences at the forthcoming International Master Course on Aging Science (IMCAS) World Congress 2022 in Paris, dated June 3rd-5th, 2022. Galderma unveiled medical data on its hyaluronic acid dermal filler series at the Aesthetic & Anti-Aging Medicine World Congress (AMWC). The corporation offered the data for Alluzience and Sculptra.
Rising HA-based Dermal Fillers Procedures and Presentation of Novel Products to Thrive Market
Fillers are used to address scars, acne, and wrinkles, as well as cheek, chin, and lip enhancement. Therefore, this has resulted in a profound curiosity among patients across the globe for dermal filler-based procedures.
Aspects such as repair discoloration, skin resilience, and skin cell regeneration are linked with hyaluronic acid fillers and have augmented their acceptance in the market. Additionally, the upsurge in the number of hyaluronic acid dermal filler procedures in comparison with other nonsurgical procedures is predicted to spur the hyaluronic acid based dermal fillers market growth during the forecast period.
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Important Business-related Announcements by Key Players to Influence Market Dynamics
Fundamental companies in the market often make crucial announcements regarding some business moves, which, in turn, affect the market either positively or negatively. Players acquire companies, launch new products, and engage in partnership deals, sign contracts with government organizations, and so on.
Notable Industry Developments:
List of Key Players Mentioned in the Report:
Further Report Findings
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Growth Rate | CAGR of 8.1% From 2023-2030 |
Unit | Value (USD billion) |
Segmentation | By Crosslinking Type, Application, End-user, and Region |
By Crosslinking Type |
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By Application
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By End-user |
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By Region | By Geography
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