15-Jul-2020 | Zion Market Research
According to Zion Market Research, the global facial rejuvenation market is projected to value more than USD 26.08 billion by the end of 2026, growing at a CAGR of over 5.2% during the forecast period (2020–2026). The cosmetic treatments that need minimally invasive practices are gaining recognition, therefore, resulting in the growth of the facial rejuvenation market. There is a surging demand for an aesthetic treatment, in particular from the female patient population that has further amplified the market considerably. A number of cosmetic firms are taking efforts in advancing their market by presenting advanced treatments for forehead lines, nasal folds, wrinkles, glabellar lines, through products such as botulinum and dermal fillers, which has enhanced the market expansion further.
Some of the prominent companies in the market are Revance Therapeutics Inc, Merz GmbH & Co. KGaA, Anika Therapeutics Inc., Specialty European Pharma, LUMENIS, Cynosure Inc., Mentor Worldwide LLC, Biopolymer GmbH & Co., Gal derma S/A, Contura International A/S, and Fibrocell Inc.
Rising Disposable Earnings & Surging Economic Prosperity To Boost The Global Facial Rejuvenation Market
Around the world, the surging economic prosperity and amplifying disposable earnings are the key aspects advancing the facial rejuvenation market. The altering lifestyle, which frequently causes early onset of aging, also demands the requirement for rejuvenation practices to remain younger for competitive reasons. The rising baby boomer population is also boosting the requirement for facial rejuvenation products. The affluence of this demographic section coupled with the wish to stay younger is propelling the demand for aesthetic procedures. Other aspects driving the expansion of this market comprise of easy access to therapies, increasing awareness concerning new and less painful methods, deeper penetration of cosmetic products, and rising affordability in the domestic markets.
The global facial rejuvenation market is bifurcated on the basis of the product type, end-user, and regional analysis. Based on the product type, the market is divided into botulinum toxin (BOTOX), soft tissue fillers, microabrasion equipment, chemical peels, topical skin care products, and skin rejuvenation devices. The soft tissue fillers segment is sub-divided into short-term fillers, medium-term fillers, and long-term fillers. The skin rejuvenation devices segment is sub-divided into intense pulsed light, microdermabrasion, laser-based devices, and ultrasound. Based on the end-user, the market is divided into hospitals, dermatology clinics, and beauty centers & spa.
North America Region To Witness Major Market Share In The Global Facial Rejuvenation Market
Based on the geographical analysis, the global facial rejuvenation market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The North American region is estimated to contribute to the major market share and reinforce its market place in terms of proceeds due to a surge in the number of female patient population aspiring for anti-aging solutions. Some of the aspects accountable for the market growth in this region are low treatment charges and high requirements for facial rejuvenation products to look youthful.
Browse the full “Facial Rejuvenation Market - By Product Type (Botulinum Toxin, Soft Tissue Fillers, Micro Abrasion Equipment, Chemical Peels, Topical Skin Care Products, and Skin Rejuvenation Devices), By End-User (Hospitals, Dermatology Clinics, and Beauty Centers & Spa), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/facial-rejuvenation-market
The global facial rejuvenation market is segmented as follows:
Based on the product type:
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