Market Overview:
Facial Rejuvenation Market size worth exceeded USD 23.5 Billion in 2022 and is projected to showcase a CAGR of over 7.1% from 2023 to 2032. By the end of the forecast period, the market is anticipated to record a valuation of around USD 46.4 Billion.
Facial rejuvenation is a cosmetic procedure intended to diminish the visible signs of aging and restore a youthful look to the face. Our skin loses elasticity as we age, resulting in wrinkles, fine lines, and age spots. Facial rejuvenation treatments address these concerns by tightening and smoothing the skin, reducing the appearance of wrinkles, and improving overall skin texture and tone. There are various types of facial rejuvenation treatments available, including surgical procedures like facelifts and non-surgical treatments like dermal fillers and Botox injections. The demand for non-surgical procedures has been on the rise due to their minimal downtime and lower risks compared to surgical options.
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Facial Rejuvenation Market Statistics |
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Report Coverage |
Details |
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Base Year |
2022 |
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Market Size in 2022 |
USD 23.5 Billion |
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Forecast Period |
2023 to 2032 |
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CAGR (2023 to 2032) |
7.1% |
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Forecast Year Value, 2032 |
USD 36.4 Billion |
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Historical Data for |
2019 to 2022 |
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Segment Covered |
Product Type, End User, Region |
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Companies Covered |
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Driver:
The demand for facial rejuvenation procedures in the U.S. is being propelled by the growth in the elderly population.
The demand for facial rejuvenation in the U.S. is being fueled by the growth in the aging population, which is living longer and healthier lives thanks to advancements in healthcare. Baby boomers, in particular, are increasingly seeking ways to maintain a youthful appearance as they age, resulting in a rise in demand for these procedures.
Facial rejuvenation procedures not only enhance one's physical appearance but also boost self-confidence, especially in industries such as fashion and modeling where appearance is essential. Moreover, the growing awareness of facial rejuvenation procedures through social media and the internet has made them more acceptable and accessible to a wider range of people, further driving the market growth.
Overall, these factors are expected to contribute to the development of the U.S. facial rejuvenation industry in the near future.
By Product Type Overview:
In 2022, the Dermal Fillers category dominated the facial rejuvenation market due to its rising popularity worldwide, greater utilization by cosmetic surgeons, and lower cost compared to other options. Within the Dermal Fillers group, there are subcategories including hyaluronic acid, polymers & particles, calcium hydroxyapatite, and collagen.
Moreover, many consumers are highly conscious and well-informed about the products they use. As a result, a significant number of consumers prefer prescription-based facial rejuvenation products like dermal fillers that have a proven track record of safety and effectiveness in clinical settings. This trend has led to increased adoption of these products, which is driving the industry growth.
By End-user Overview:
The dermatology clinics segment is projected to hold the largest facial rejuvenation market share among End-users, and is expected to maintain a steady growth rate throughout the forecast period. This is primarily because consumers prefer these clinics and appreciate the broad range of treatment options they provide, which fuels their growth.
Nevertheless, the hospitals and clinics segment is expected to exhibit the highest growth rate due to a growing consumer pool seeking these treatments. As a result of their large spaces, supportive infrastructure, and greater number of trained personnel, this segment is experiencing growth.
Regional Overview:
The facial rejuvenation procedure market is dominated by North America, mainly due to a surge in minimally invasive cosmetic procedures, higher per capita disposable income, and greater awareness of dermal fillers. In contrast, Asia-Pacific is projected to witness substantial growth during the 2023-2032 forecast period, driven by increasing disposable income, rising demand for facial aesthetic products, and greater awareness of non-surgical cosmetic procedures in the region.
The Asia-Pacific market is experiencing the most rapid growth in the facial rejuvenation market. This can be attributed to several factors, including higher disposable income per capita, growing demand for facial aesthetic products, and greater awareness of the variety of non-invasive cosmetic procedures now available.
Key Development:
- In March 2021, Galderma has introduced the new Restylane Contour dermal filler for cheek augmentation. The product is intended to give the cheeks a more youthful and lifted appearance.
- In February 2021, Allergan has introduced the new Juvéderm Volux dermal filler for chin and jawline augmentation. The product aims to give the lower face a more defined and sculpted appearance.
- In January 2021, Merz Aesthetics recently introduced its latest offering, the Belotero Revive dermal filler, which targets fine lines and wrinkles. The product aims to deliver a smoother and more rejuvenated appearance to the skin.
Top companies includes in the global facial rejuvenation market:
- LUTRONIC
- Galderma
- Merz Pharma
- Anika Therapeutic
- Fibrocell ScienceInc
- Lumenis
- Allergan (Actavis)
- STRATA Skin Sciences
- Contura Ltd
- Revance Therapeutics
- Cynosure
- Lumenis
- Bausch Health Companies Inc.
- Sciton, Inc.
- Alma Lasers
- Others
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In-depth analysis of facial rejuvenation market along with industry coverage and forecasting for the following segments:
Market Value, By Product Type
- Micro abrasion Equipment
- Botulinum Toxin (BOTOX)
- Topical Skin Care Products
- Soft Tissue Fillers
- Chemical Peels
- Skin Rejuvenation Devices
Market Value, By End User
- Beauty Centres and Spa
- Dermatology Clinics
- Hospitals and Clinics
- Others
Market Value, By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America