Facial Rejuvenation Market

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2. FACIAL REJUVENATION MARKET ANALYSIS Facial Rejuvenation Market, By Product Type (Topical Rejuvenation Products (Keratolytics, Moisturizers, Retinoids, Sunscreens, Hair Removals) Botulinum products, Dermal Fillers (Absorbable Dermal Fillers, Non Absorbable Dermal Fillers), Chemical Peels, Micro Abrasion, Equipment’s (Laser Based Equipment’s, Ultrasound Based Equipment’s), By End User (Hospitals, Dermatology Clinics), and by Regions (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

3. Facial Rejuvenation Market – Insights Facial rejuvenation is a combination of cosmetic procedures that are used to restore youthful appearance to the human face. Surgical and/or non-surgical methods are used to achieve facial rejuvenation. Facial rejuvenation is used for the treatment of static wrinkles, freckles, dynamic wrinkles, vascular conditions, scars and wounds, and pigmentation.

4. Global Facial Rejuvenation Market: Drivers Early onset of ageing and growing geriatric population is expected to boost growth of the global facial rejuvenation market over the forecast period. For instance, according to the World Health Organization (WHO), worldwide geriatric population is expected to reach 2 billion by 2050 compared to 900 million in 2015. High adoption of advanced facial rejuvenation products and increasing number of non-surgical aesthetic procedures is also expected to boost growth of the market

5. Global Facial Rejuvenation Market Value (US$ Mn), by Region, 2018

6. Global Facial Rejuvenation Market: Restraints High cost of procedures may deter customers from repeat visits, especially in emerging economies, which is expected to hinder growth of the global facial rejuvenation market. The cost of a single ablative laser procedure may be around US$ 2,100 and other facial rejuvenation procedures or treatments could carry a price tag, which is over 50% more compared to normal facial or beauty treatments.

7. Market Opportunities • Increasing demand for prescription drugs instead of over-the-counter cosmetic products for facial rejuvenation treatments and procedures is expected to offer lucrative growth opportunities for market players. • The demand for botulinum neurotoxin type-A for reducing wrinkles in the upper-third portion of the face (triangle region) is high. However, there are a few major suppliers of botulinum products, which leads to preferential pricing of the product. Therefore, key players in the market can focus on manufacturing botulinum products to overcome its scarcity.

8. Market Trends • The demand for LED therapy for the treatment of dry and dull skin is increasing in the recent past. Dermalux LED Phototherapy is a non-invasive hand and facial treatment that uses narrow band, non-thermal LED light energy to boost body’s natural cell processes to accelerate rejuvenation and repair of the skin. • Key players in the market are focused on integrating various therapies for use in facial rejuvenation. For instance, Venus Versa (Venus Concept) is a multi-treatment system that includes Intense Pulsed Light (IPL), radiofrequency (RF) with microneedling and bulk heating capabilities.

9. Global Facial Rejuvenation Market: Competitive Landscape Major players operating in the global facial rejuvenation market include, Merz Pharma, Anika Therapeutics, Inc., Lumenis, Galderma, Allergan (Actavis), Contura Ltd., Fibrocell Science, Inc., and Revance Therapeutics.

10. Global Facial Rejuvenation Market: Key Developments • Key players in the market are focused on establishing subsidiaries to expand their geographical presence. For instance, in October 2019, InMode Ltd. completed the establishment of two new subsidiaries in Asia Pacific - InMode India and InMode Australia. • In December 2019, Daewoong Pharmaceutical, a pharmaceutical company based in South Korea, received approval for its botulinum toxin product, Nabota, from The Ministry of Health in the UAE and Indonesia’s BadanPengawasObatdanMakanan

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