World News: 12:12 GMT Wednesday 14th August 2019. [Fortune Business Insights via Globe Newswire via SPi World News]
Pune, Aug. 14, 2019 (GLOBE NEWSWIRE) -- The increasing demand for aesthetically improving appearance to match the beauty standards of today is boosting the global Hyaluronic Acid Based Dermal Fillers Market, says in their new study. The study is titled,.
According to the report, the global Hyaluronic Acid Based Dermal Fillers Market is anticipated to reach a valuation worth US$ 4,884.6 Mn by the end of 2026 from US$ 2,680.9 Mn in 2018. The market is expected to rise at a CAGR of 7.8% within the forecast period of 2019 to 2026.
The global market for hyaluronic acid based dermal fillers has witness remarkable growth in the last couple of years. A major cause of this is the immense rising concerns about maintaining beauty standards in both men and women. The ever-evolving beauty standards have impelled people to opt for treatment to either smoothen the skin texture or correct wrinkles, enhance lips, and other cosmetic procedures to enhance physical appearance.
In addition to that, the assurance of less chances of adverse reactions from these treatment methods has fueled the demand for hyaluronic acid based dermal fillers in the market. This, accompanied by the increase in demand for aesthetics and rise in awareness about hyaluronic acid based dermal fillers, is driving the market globally.
However, the market may face challenges in terms of high cost of dermal filling procedures. Nevertheless, the increase in technology to produce injected fillers for the skin, coupled with the rise in disposable incomes of the people have encouraged people to opt for dermal filling procedures. This is presumed to open new growth opportunities for the global market in the long run.
Fortune Business Insights foresees the global Hyaluronic Acid Based Dermal Fillers Market to be dominated by North America, with a market value of US$ 1,221.6 Mn in 2018. This is owing to the rising demand for advanced hyaluronic acid based dermal fillers as they contain a natural material that is already present in the human body.
Some of the players operating in the global Hyaluronic Acid Based Dermal Fillers Market are SCULPT Luxury Hyaluronic Acid Based Dermal Fillers LTD, Sinclair Pharma, Prollenium Medical Technologies, Anika Therapeutics, Inc., Galderma laboratories, Suneva Medical, BioPlus Co., Ltd., Bioxis pharmaceuticals, DR. Korman, CANDELA CORPORATION, Merz Pharma, among others.
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Globe Newswire: 12:12 GMT Wednesday 14th August 2019
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