WILMINGTON, DE / ACCESSWIRE / June 12, 2023 / Transparency Market Research Inc. – The US dermal filler market was valued at USD 1.2 billion in 2021 and is projected to reach US$3.3 billion by 2031expanding at a CAGR of 10.9% between 2022 and 2031. Dermal fillers are injectable implants that are often used to give the appearance of a flawless and rejuvenated face.
The use of dermal fillers in a range of procedures that improve a person’s appearance has fueled market growth. An increasing number of companies are investing significantly in research and development activities to produce cutting-edge technology in the cosmetics industry. This has led to the development of better fillers that are simpler to administer and offer very high levels of patient satisfaction.
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Hyaluronic acid dermal fillers from non-animal sources have been used for many years and have been shown to be effective and safe. New formulations have been introduced by some of the major companies in the industry, boosting the size of the dermal filler market.
Consumers now have the option to explore the numerous dermal filler techniques available to treat skin and facial conditions. This is due to increased internet penetration in both developing and developed countries, which is expected to support sales of dermal fillers on online platforms. Dermal filler treatments use different types of dermal fillers for different purposes, such as reducing the visibility of wrinkles and facial fillers to enhance the appearance of facial lines.
Key Findings of the Market Report
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The lip enhancement segment is expected to expand at the fastest CAGR of 10.7% from 2022 to 2031. The rise of selfie culture has contributed to an unprecedented rise in demand for lip augmentation. An increasing number of young people are choosing to alter their lips for a fuller and voluminous look, which has resulted in an explosion in lip enhancements.
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On the basis of product, the biodegradable dermal fillers segment dominated the market in the US in 2021. The segment is expected to hold a significant market share by 2031. The segment is expected to grow at a CAGR of 11% between 2022 and 2031. Advantages of Biodegradable Materials , including non-toxicity and long life of materials, promote segmental value. Consequently, the demand for biodegradable dermal fillers is expected to be driven by increasing awareness of the product’s benefits and increasing procedural volume.
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In terms of revenue, the hyaluronic acid segment held a significant market share in 2021 and the trend is projected to continue between 2022 and 2031. This is attributed to the growing concern of both women and men regarding maintaining beauty standards.
Dermal Fillers Market in the US Market: Growth Drivers
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The popularity of non-surgical dermatological treatments has increased significantly due to a number of advantages that these techniques provide. These benefits include faster results, lower costs and lower risks compared to traditional approaches. In addition, the growing interest in facial rejuvenation and the desire for a youthful appearance are the driving factors behind the need for non-invasive dermatological treatments. In minimally invasive treatments, injectable dermal fillers are used to fill wrinkles, plump thin lips, enhance shallow features, smooth facial folds, and repair scars.
Dermal Fillers Market in the US Market: Key Players
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Dermal Fillers Market in the US Market: Segmentation
Product
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Biodegradable
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Non-biodegradable
Material
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Calcium hydroxylapatite
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Hyaluronic Acid
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Collagen
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Poly-L-lactic acid
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PMMA
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Fat
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Others
Application
End user
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Hospitals
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Dermatology clinics
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Beauty salons
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Others
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