The Asia Pacific dermal fillers market was valued at US$ 854.98 million in 2023 and is expected to reach US$ 1,757.83 million by 2031; it is estimated to register a CAGR of 9.4% from 2023 to 2031.
As per the European Union, the middle-class population category will have more than 5.3 billion people globally by 2030. Most of this growth is likely to persist in Asia. By 2030, China and India are expected to represent approximately 65% of the global middle-class population. The expanding middle class is expected to boost economic development as well as change consumer behavior and consumption patterns. With more disposable income, changes in technology, and better after-care, the attitude toward cosmetic and skin-related conditions has changed, and the adoption of treatment procedures and home-based medical devices has increased. Furthermore, multinational corporations in the beauty and skincare industry explicitly target the massive Indian population and growing middle-class individuals due to the positive response received for their products. Thus, the increase in disposable income will likely fuel the adoption rate of beauty devices, providing lucrative opportunities for market growth.
The Asia Pacific dermal fillers market is expected to grow at a high CAGR from 2023 to 2031. The market in China and Japan is expected to grow at a fast pace due to the increasing popularity of dermal fillers and growing medical tourism. In China, dermal fillers are gaining significant traction in various public and private hospitals. It is further increased due to higher disposable income and concerns related to looks. Moreover, India is emerging as one of the growing markets for dermal fillers owing to the aging population, increasing income, and affordability.
The Asia Pacific Dermal Fillers Market is categorized into product, material, application, end user, and country.
Based on product, the Asia Pacific Dermal Fillers Market is bifurcated biodegradable and nonbiodegradable. The biodegradable segment held a larger market share in 2023.
In terms of material, the Asia Pacific Dermal Fillers Market is categorized calcium hydroxylapatite, hyaluronic acid, collagen, poly-l-lactic acid, polmethylmethacrylate (PMMA), fat fillers, and others. The hyaluronic acid segment held the largest market share in 2023.
By application, the Asia Pacific Dermal Fillers Market is segmented into facial line correction treatment, lip enhancement, face lift, scar treatment, and others. The lip enhancement segment held the largest market share in 2023.
By end user, the Asia Pacific Dermal Fillers Market is segmented into multispecialty hospitals, dermatology clinics, ambulatory surgical centers, and others. The dermatology clinics segment held the largest market share in 2023.
By country, the Asia Pacific Dermal Fillers Market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific Dermal Fillers Market share in 2023.
AbbVie Inc; BIOPLUS CO., LTD.; BIOXIS pharmaceuticals; Galderma SA; Merz Pharma GmbH & Co KGaA; Prollenium Medical Technologies; Sinclair Pharma Ltd; Suneva Medical; and TEOXANE LABORATORIES are some of the leading companies operating in the Asia Pacific Dermal Fillers Market.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 854.98 Million |
| Market Size by 2031 | US$ 1,757.83 Million |
| CAGR (2023 - 2031) | 9.4% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Dermal Fillers Market is valued at US$ 854.98 Million in 2023, it is projected to reach US$ 1,757.83 Million by 2031.
As per our report Asia Pacific Dermal Fillers Market, the market size is valued at US$ 854.98 Million in 2023, projecting it to reach US$ 1,757.83 Million by 2031. This translates to a CAGR of approximately 9.4% during the forecast period.
The Asia Pacific Dermal Fillers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Dermal Fillers Market report:
The Asia Pacific Dermal Fillers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Dermal Fillers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Dermal Fillers Market value chain can benefit from the information contained in a comprehensive market report.
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