New York, United States, Dec. 20, 2023 (GLOBE NEWSWIRE) — Facial fat transfer is also known as fat grafting, fat injection or lipofilling. This technique is performed by using the patient’s body fat from the hips, thighs or stomach to give volume to the face. Facial fat transfer is commonly performed to restore sunken cheeks and hollow eyes, narrow lips, reduce wrinkles, smooth deep nasolabial folds, and reshape the face. The market is growing at a rapid pace due to increasing demand for facial fat transfer treatment, advanced technology in the field of facial rejuvenation, and increasing aging population.
Fat transfers can be injected into areas such as the temples, forehead, upper and lower orbits, cheeks, perioral area, nasolabial fold, jawline and chin to repair facial scars. This procedure has also been used to treat facial scars. Fat grafting is becoming an increasingly popular option for facial augmentation surgery among plastic surgeons. This is due to the many benefits that fat grafting has over most standard dermal fillers.
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According to Straits Research, “The global facial fat transfer market size was valued at USD 1.9 billion in 2021 and is expected to reach USD 4.78 billion in 2030, expanding at a CAGR of 10.8% from 2022 to 2030.” The increase in the number of people who are obese is the key factor driving the growth of the market. Other factors boosting the market growth include increasing advantages of autologous fat transfer over dermal fillers, increasing accidents, increasing safety margin offered by the treatment, and increasing number of hospitals offering facial fat transfer treatment. Additionally, increasing consumer awareness about cosmetics that are more effective and longer lasting, and increasing awareness among women in developing countries about being more presentable and attractive are also driving the growth of the market. In addition, increasing technological advancement and modernization in paracetamol production, increase in healthcare research and development activities and rise of emerging markets with growing geriatric population bases will further create new opportunities to purchase facial fat transfer in the period provided for.
According to a survey by the International Society of Aesthetic Plastic Surgery, in the year 2020 approximately 24,529,875 cosmetic procedures (including both minimally invasive and surgical procedures) were performed. This number includes both surgical and non-surgical procedures. Both liposuction and abdominoplasty are among the top five most popular surgeries. It is suggested that the increasing demand for these acts would be the main market driver for facial fat transfers.
Regional Overview of Facial Fat Transfer Market
The trend towards North America’s dominance in the global facial fat transfer market is expected to continue during the forecast period. In 2021, North America had a market share equal to 35.6%.
On the other hand, throughout the forecast period, it is expected that the Latin America region will experience high growth. This is because countries like Brazil and Mexico have become a hub for providing high-quality cosmetic procedures at much more reasonable prices.
Basic points
- The increase in the number of people who are obese is the key factor driving the growth of the market.
- Increasing technological advancements and modernization is a good opportunity for market growth.
- The facial fat transfer market is segmented into the following categories: Donor Site, End Use, and Region.
- Based on donor location, the market is segmented into Thigh, Flank and Abdomen. The abdomen segment was responsible for the largest revenue share in the market in 2021, accounting for forty percent of the total revenue and is expected to be the segment with the highest growth rate during the forecast period.
- On the basis of End Use the market is segmented into Hospitals, Clinics & Surgery Center. In 2021, clinics and surgery centers held the largest market share of 65 percent of the facial fat transfer market, and it is predicted that these types of facilities will continue to drive the industry in the future.
- The trend towards North America’s dominance in the global facial fat transfer market is expected to continue during the forecast period.
Competitors in the Facial Fat Transfer Market
Allergan (Ireland), DR. Korman (Israel), Galderma Laboratories, LP (USA), Integra LifeSciences Corporation (Israel), Merz Pharma (Germany), SciVision Biotech Inc (Taiwan), Sinclair Pharma (UK), Suneva Medical, Inc (USA), Bausch Health Companies Inc (Canada), Teoxane Laboratories (Switzerland) and Ipsen Pharma are the leading companies in the global facial fat transfer market (France).
Recent development from key players
- Sihuan Pharmaceutical Holdings Group Ltd. acquired the exclusive distribution rights for Genesis Biosystems’ LipiVage fat collection system in Greater China and South Korea in June 2021, expanding the company’s supply of medical aesthetics products.
- A liposuction device called the LipoLife 3G, manufactured by Alma Lasers, was introduced in September 2016 and is used for a variety of procedures including skin tightening, fat grafting and liposuction. This species falls under the company’s established LipoLife brand as a third generation product.
Segmentation of the Facial Fat Transfer Market
From the donor site
With End Use
- Hospitals
- Clinics & Surgery Center
By region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
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