LAMEA Dermal Fillers Market Size, Share & Industry Trends Analysis Report By Type, By Product, By End-use (MedSpa, Cosmetic Surgery Clinics and Hospitals), By Application, By Country and Growth Forecast, 2023 - 2029
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Market Report Description
The Latin America, Middle East and Africa Dermal Fillers Market would witness market growth of 13.8% CAGR during the forecast period (2023-2029).
Some of the key drivers propelling the market's expansion include the increased demand for less invasive aesthetic operations, the trend toward ageless beauty, and the rising awareness of physical appearance among young people. In contrast to invasive surgical procedures like brow lifts, facelifts, and other aesthetic operations, dermal fillers are non-invasive. Dermal fillers offer a technique to attain a more youthful look without undergoing surgery, which is something that many individuals choose to avoid. In addition, they take care of a number of issues, such as volume loss, wrinkles, and sagging skin.
Also, they can be applied on the lips, cheeks, and beneath the eyes, among other parts of the face. Additionally, it is anticipated that the growing elderly population and technical advancements in medical aesthetic goods will fuel market expansion. Dermal fillers can be tailored to each patient's specific requirements and preferences. The amount and location of the filler can be changed to produce the desired effect, and different filler kinds can be used to generate various results. These are injectable procedures that may be completed in a doctor's office to remove wrinkles and restore the volume lost from the face, giving it a younger appearance.
The dermal fillers markets in the UAE and Saudi Arabia would account for a sizeable portion of the region dermal fillers market. The dermal fillers market is anticipated to increase over the forecast period due to rising disposable income, physical appearance concerns, and awareness of attractiveness and good looks. Various end users use dermal fillers, including hospitals, dermatology clinics, and other healthcare facilities. The majority of tissue fillers are used in dermatological clinics in these countries, thus providing growth opportunities for the dermal fillers market growth in the region.
The Brazil market dominated the LAMEA Dermal Fillers Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $201.3 million by 2029. The Argentina market is experiencing a CAGR of 14.4% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 13.5% during (2023 - 2029).
Based on Type, the market is segmented into Biodegradable and Non-biodegradable. Based on Product, the market is segmented into Hyaluronic Acid, Calcium Hydroxylapatite, Polylactic Acid (PLLA), Polymethyl-methacrylate Microspheres and Others. Based on End-use, the market is segmented into MedSpa, Cosmetic Surgery Clinics and Hospitals. Based on Application, the market is segmented into Wrinkle Correction, Lip Enhancement, Facial Contouring, Scar Treatment and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Dermal Fillers Market is Projected to reach USD 10.3 Billion by 2029, at a CAGR of 8.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bioplus Co. Ltd, Bioxis pharmaceuticals, Suneva Medical, Inc., Galderma S.A., Allergan PLC (AbbVie, Inc.), Sinclair Pharma Ltd. (Huadong Medicine Co., Ltd.), Revance Therapeutics, Inc., Medytox Inc., Merz Pharma GmbH & Co. KGaA and Prollenium Medical Technologies Inc.
Scope of the Study
Market Segments Covered in the Report:
- Hyaluronic Acid
- Calcium Hydroxylapatite
- Polylactic Acid (PLLA)
- Polymethyl-methacrylate Microspheres
- Cosmetic Surgery Clinics
- Wrinkle Correction
- Lip Enhancement
- Facial Contouring
- Scar Treatment
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Bioplus Co. Ltd
- Bioxis pharmaceuticals
- Suneva Medical, Inc.
- Galderma S.A.
- Allergan PLC (AbbVie, Inc.)
- Sinclair Pharma Ltd. (Huadong Medicine Co., Ltd.)
- Revance Therapeutics, Inc.
- Medytox Inc.
- Merz Pharma GmbH & Co. KGaA
- Prollenium Medical Technologies Inc.
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