Botox and dermal filler Market worth US$ 12.7 Billion 2029 with a CAGR of 7.5 %

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Published Date: May 2023

Botox and dermal filler Market is projected to grow from US$ 6.6 billion in 2020 to US$ 12.7 billion by 2029. Increase in the disposable income in middle class population is the major factor driving the growth of the global botox and dermal filler market. In addition, the number of female workforce is also increasing in different sector which is also boosting the target market growth. With the rise in pharmaceutical research and development fundings, new technologies are being developed for plastic surgeries which is propelling the growth of the global market. However, stringiest regulation by FDA and government for such kind of surgeries is restraining the growth of the global botox and dermal filler market.

The report " Global Botox and Dermal Filler Market, By Product (Biodegradable and Non-biodegradable), By Material (Botulinum Toxin, Calcium Hydroxylapatite, Hyaluronic Acid, Collagen, Poly-L-lactic Acid, PMMA, and Fat), By Applications (Facial Line Correction Treatment, Lip Enhancement, and Scar Treatment), By End-User (Hospitals, Dermatology Clinics, and Ambulatory Surgical Centers), and Region - Global Forecast to 2029"

Key Highlights:

On June 2019, AbbVie acquired Allergan plc which manufactures botox for $63 billion.

Key Market Insights from the report:

The global botox and dermal filler market accounted for US$ 6.6 billion in 2020 and is projected to register a moderate CAGR of 7.5% over the forecast period. The market report can be bifurcated on the basis of product, material, application, end-user, and region.

By product, the global botox and dermal filler market is segmented into biodegradable and non-biodegradable. Biodegrable segment is expected to dominate the market in terms of market as it has less side-effects and it is eco-friendly which is preffered by the people across the globe.
By material, the global botox and dermal filler market is segmented into botulinum toxin, calcium hydroxylapatite, hyaluronic acid, collagen, poly-L-lactic acid, PMMA, and fat. HA dermal fillers is expected to have largest market in terms of revenue due to plastic surgeons preference for it for filling wrinkles.
By application, the global botox and dermal filler market is categorized into facial line correction treatment, lip enhancement, and scar treatment
By end-user, the global botox and dermal filler market is categorized into hospitals, dermatology clinics, and ambulatory surgical centers
By region, the growth of global botox and dermal filler market in North America is attributed to rise in minimal invasive procedures in US. In addition, increase in personal expenditure in this region is also propelling the growth of the global market

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Botox and Dermal Filler Market, By Product (Biodegradable and Non-biodegradable), By Material (Botulinum Toxin, Calcium Hydroxylapatite, Hyaluronic Acid, Collagen, Poly-L-lactic Acid, PMMA, and Fat), By Applications (Facial Line Correction Treatment, Lip Enhancement, and Scar Treatment), By End-User (Hospitals, Dermatology Clinics, and Ambulatory Surgical Centers), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2029

The prominent player operating in the global botox and dermal filler market includes, Allergan plc, Merz Pharma GmbH & Co. KgaA, Nestle Skin Health, BioPlus Co., Ltd., Bioxis pharmaceuticals, SCULPT Luxury Dermal Fillers LTD, AbbeVie Inc.., Prollenium Medical Technologies, Advanced Aesthetic Technologies, Inc., and TEOXANE Laboratories.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period