Facial Rejuvenation Market Expected to Experience Modest CAGR of 11% through 2032 | insightSLICE
The estimated revenue of the global Facial Rejuvenation market in 2021 was $19.5 billion, with a CAGR of 11% predicted through 2032.
The average age of people on earth has increased. The feedback obtained from this is a widespread desire to delay aging. Expected outcomes are produced by combining medical and cosmetic procedures. The demand for minimally invasive and non-invasive facial rejuvenation procedures has increased significantly.
The vast majority of medical aesthetic treatments are focused on the face. The transition from invasive to non-invasive cosmetic therapies seems to have been gradual.
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Global Facial Rejuvenation Market Key Segments:
By Product
- Topical products
- Moisturizers
- Keratolytics
- Retinoids
- Sunscreens
- Others
- Derma Fillers
- Collagen Fillers
- Synthetic Fillers
- Hyaluronic Fillers
- Anti-wrinkle injections
- Botulinum Toxin A (Botox)
- Poly-L-Lactic Acid (PLLA)
- Chemical Peels
- Micro Dermabrasion Equipment
- Laser based
- Radio Frequency based
- Combination
- Others
By Application
- Wrinkle reduction
- Facelift
- Lip enhancement
- Hair removal
- Scar reduction
- Skin tightening
- Others
By Buyer
- Individual buyer
- Hospitals
- Dermatology clinics
- Cosmetic surgery centers
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- South Korea
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America
The key players of the Global Facial Rejuvenation Market are:
Major players that are present in the Global Facial Rejuvenation Market include Allergan plc, Cutera, Inc. Merz GmbH & Co. KGaA, Speciality European Pharma, Anika Therapeutics, Inc. Cynosure, Inc., Fibrocell Science Inc., Venus Concept Lumenis, Revance Therapeutics, Inc., and Mentor Worldwide LLC.
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Driving factors for the growth of Global Facial Rejuvenation Market
The vast majority of medical aesthetic treatments are focused on the face. The transition from invasive to non-invasive cosmetic therapies seems to have been gradual. In North America, non-invasive medical aesthetic technologies for facial rejuvenation have become increasingly popular.
Apart from cosmetic therapy devices, there are clinical products such as clinical moisturizers, retinoids, sunscreens, and antibiotics among others which are having a clear adoption for the market.
The demographic population aged 45 to 65, makes up the bulk of the market for these treatments and goods. Women are more sincere consumers of services and goods. Depending on the region and age range, different treatments are preferred.
Botox, also known as botulinum toxin, is frequently utilized in a variety of clinical settings. Botox therapy has unquestionably advanced the practice of cosmetic surgery. The reduction of face wrinkles is a demand for facial fillers. When it comes to face fillers, precision is necessary for all aspects—from filler type selection to delivery method to cosmetologist skill set.
Fillers and botox can be used in the right combination to achieve amazing results for face rejuvenation. Social media has a significant impact on the global market for facial rejuvenation.
People are more conscious of their facial looks and are prepared to spend money on procedures such as skin tightening, pigmentation, hair removal, wrinkle reduction, and skin elasticity improvement.
Future predictions indicate that the market for facial rejuvenation will expand significantly. However, because cosmetic procedures are considered to be luxurious, the market is quite erratic.
There is a large established base of Facial Rejuvenation therapy technology in North America:
Most technological advancements in clinical items and treatment equipment have occurred in the North American region. The items have already been accepted by the end consumers to fit their changing lifestyles and are already known to them.
Growth in the future is projected in the Asia Pacific area. The purchasing power of end customers has significantly increased, and they are keen to add luxury goods to their lifestyles.
The importation of medical aesthetic devices from countries such as China, South Korea, the United States, Israel, and other cosmetic equipment-producing countries, is a necessity for Asian countries such as India, Thailand, Indonesia, and Vietnam.
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The middle-aged segment of people seems to generate the biggest demand for botulinum toxin type A (Botox):
Celebrities frequently use Botox to keep stylish and young-looking. Derma fillers are similarly popular as Botox because they produce effective results quickly. The main purpose of derma fillers, also known as injectable implants, is to fill in soft tissues or wrinkles.
In North America and Europe, the revenue share for botox treatments is substantial. Through the projection period, the Asia area is predicted to exhibit encouraging growth for both botox and derma filler.
Derma fillers and botox used in combination therapy produce extraordinarily good results quickly, which will draw more customers in the future.
Laser-based equipment are the preferred choice of cosmetologists:
Treatment for face rejuvenation includes shaving off facial hair and removing pigmentation. Cosmetologists favor laser-based technology because it produces the required effects. Equipment from both international and local brands is widely available on the market.
The clinic owner’s financial resources have an impact on the brand choice. The cost of equipment from international brands versus that made locally differs significantly. The use of ultrasound-based devices by cosmetologists varies depending on the application.
The demand for face rejuvenation products is developed by solo clinics:
Hospitals, wellness facilities & spas, and standalone dermatological practices are among the purchasers of face rejuvenation goods. The category of solo clinics is the one that purchases the most goods and equipment.
End consumers of these varied therapies choose to go to a clinic instead of a hospital to retain confidentiality and privacy. Compared to the other buyer categories, solo clinics have a significantly larger volume. The clinic owner will typically speak with a distributor to obtain an unbiased analysis of the various brands.
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