Wrinkle Fillers Market Size, Share Global Analysis Report, 2022 – 2028

Industry Insights

[219+ Pages Report] According to Facts and Factors, the global wrinkle fillers market was valued at USD 2.96 billion in 2021 and is predicted to increase at a CAGR of 9.20% to USD 6.53 billion by 2028. The study examines the market in terms of revenue in each of the major regions, which are classified into countries.

Market Overview

Dermal fillers have a gel-like consistency, and they are injected under the skin of the face, cheeks, jaw, mouth, lips, and skin around the eyes to achieve fuller and smoother skin. Dermal fillers are used to get rid of wrinkles, restore lost skin volume, enhancing the lips and acne scars. Using dermal fillers is an invasive surgical technique with long-lasting results for facial rejuvenation. The effects can be temporary or permanent reliant on the type of filler used. Although chances of adverse effects are rare, serious complications may occur. The surgeon's ability to treat adverse events and accurately identify the cause of the complication ensures that the patient receives the best care possible. The global wrinkle fillers market is expected to grow due to an upsurge in demand for minimally invasive procedures to achieve a younger look, primarily in developed countries. Increasing dermal filler procedures worldwide also contributes to the growth of the market.

The increasing number of clinics, spas, and rejuvenation centers worldwide are rapidly adopting non-invasive treatments due to them being cost-effective and having shorter treatment duration are projected to boost the market growth. Another crucial market growth driver for the wrinkle fillers market is the increasing research and development activities for the development of new fillers. Moreover, the U.S. FDA has approved a wide range of products for precise areas of the face, which has enabled cosmetic surgeons to offer customized treatment to clients.

There is a changing perception about anti-aging treatment worldwide among the growing elderly population. This presents excellent opportunities for the market players. Also, there is an increase in private and government hospitals with expertise in skincare and dermatology that require dermal fillers. This is estimated to factor in market expansion during the forecast period. However, the high prices associated with these products are one of the main obstacles to market growth. Moreover, side effects and complications can occur after the procedure, such as redness, sores, and swelling in the treated area. These factors are identified as restraining factors to the growth of the global wrinkle filler market during the forecast period.

Impact of COVID - 19

The Covid-19 outbreak has significantly impacted global healthcare. Since wrinkle fillers are an elective procedure and not essential, it has been hit by cancellations and delays to avoid spreading the virus. Further, economic instability has prevented customers from spending on expensive cosmetic procedures as part of minimized discretionary spending. Disruptions in the supply chain due to lockdowns, closure of flights, and reduced production of fillers have negatively impacted the growth of the wrinkle fillers market. Nonetheless, as things return to normalcy, the increasing demand for such procedures will help recover the market to pre-pandemic levels.

The complete research study looks at both the qualitative and quantitative aspects of the Wrinkle Fillers Market. Both the demand and supply sides of the market have been investigated. The demand side study examines market income in various regions before comparing it to all major countries. The supply-side research examines the industry's top rivals and their regional and global presence and strategies. Each major country in North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America is thoroughly investigated.

Segmentation Analysis

The global wrinkle fillers market is segregated based on product type, filler type, and end-user.

In terms of filler type, in 2021, the hyaluronic acid segment held the major share of the global wrinkle fillers market, and it is expected to continue to do so during the forecast period. HA fillers are readily available with most manufacturers. These fillers are suitable for a patient body as they are biocompatible. The increasing rate of HA procedures is credited to a lower chance of complications and allergic reactions, no skin-testing requirement, and milder side effects. These factors are estimated to drive the segment growth during the forecast period.

In terms of product type, the biodegradable dermal filler category held the largest market share during the forecast period due to the availability of more products and applications than non-biodegradable fillers. The segment is expected to proliferate during the forecast period due to increasing product availability, reduced risk of complications or side effects, no allergy testing requirements, strong regulatory approval, and increased production.

Report Scope

Regional Landscape

In terms of region, North America held the largest market share in 2021, and it is expected to continue through the forecast period. This is attributed to the increasing adoption of non-surgical procedures, including injectables. Countries like U.S. and Canada are home to a population with high disposable incomes, high spending capability on cosmetic procedures, and leading dermal filler manufacturers. Furthermore, as U.S. FDA approves an increasing number of dermal fillers, there is increasing product accessibility. These factors are projected to drive the demand for the wrinkle fillers market in the region.

Europe accounted for the second-largest market share of the global wrinkle fillers market in 2021. European countries are among the most preferred destinations for dermal filler procedures due to their low cost. The region has an aging population, high per capita income, and more than 140 fillers available, adding to market expansion in the region. 

List of Key Players in the Global Wrinkle Fillers Market:

• Allergan
• Skin & Vein Institute, LLC
• Galderma Laboratories, L.P
• Merz North America, Inc.

The global wrinkle fillers market is segmented as follows;

By Product Type Segment Analysis

• Biodegradable
• Non-biodegradable

By Filler Type Segment Analysis

• Botulinum Toxin
• Soft Tissue Fillers (Collagen)
• Hyaluronic Acid
• Calcium Hydroxyl Apatite
• Polylactic Acid
• PMMA
• Polyalkylimide 

By End-User Segment Analysis

• Hospital
• Cosmetic Clinics
• Outpatient Centres
• Beauty Centres

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America