Vantage Market Research
Sep 18, 2024
According to analysts at Vantage Market Research, the Global Aesthetic Injectables Market size is worth USD 11.1 Billion in 2023 and is projected to reach USD 27.27 Billion by 2032, growing at a CAGR (Compound Annual Growth Rate) of 10.5% from 2024 to 2032. The market is driven by growing awareness and acceptance of cosmetic treatments, the introduction of innovative injectable products for various uses, and ongoing technological advancements.
Market Overview
As the global population ages, there is an increasing demand for treatments that reduce the visible signs of aging, such as wrinkles, fine lines, and volume loss. Environmental factors such as sun exposure, pollution, and stress contribute to the gradual appearance of wrinkles and the loss of volume and facial definition. The desire to look and feel younger has grown significantly, especially as the global population ages and medical advancements extend life expectancy. This need is driving the use of injectables, such as Botox and dermal fillers, which provide rapid, non-invasive ways to seem younger. With the help of these non-invasive anti-aging procedures, people can improve their appearance and overall well-being. As delaying the natural aging process becomes a priority for many, the global demand for aesthetic injectables continues to rise.
The increasing trend of medical tourism is positively influencing the Market. Many people are traveling to countries where aesthetic procedures, including injectables, are more affordable or where advanced treatments are available. As more patients look abroad for these services, this trend is propelling market expansion, especially in areas recognized for providing high-quality, affordable cosmetic treatments.
Radiesse Approved for Décolleté Treatment by Merz Aesthetics in February 2024
- Merz Aesthetics has announced that Radiesse, a regenerative biostimulator recognized for enhancing skin health, has been approved for use in the décolleté area, further broadening its application and versatility
Key Takeaways from the Report
- In 2023, North America dominated the market with 40.2% market share. Market is driven by the increasing population aged 25 to 65, a group that is highly concerned about skin aging issues such as sagging, wrinkles, and dark spots
- By Product, the Botulinum Toxin (Botox) category accounted for significant market share of 46.2% in 2023. Botox has emerged as a major treatment option for age-related symptoms as interest in aesthetic procedures grows on a global scale
- By End-use, Medical Spas dominated the market with significant market share of 47.5%. Segment is driven by increasing consumer demand for non-invasive cosmetic treatments, advancements in technology that improve treatment efficacy, and a rising focus on self-care and wellness
Top Companies
- AbbVie Inc.
- Merz GmbH and Co. KGaA
- Galderma
- Prollenium Medical Technologies Inc.
- Suneva Medical Inc.
- Sinclair Pharma
- Medytox, Inc.
- Revance Therapeutics Inc.
- Ipsen Pharma
Report Coverage
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Latest News
Merz Aesthetics Launches MAX Merz Aesthetics Exchange, a Comprehensive Educational Ecosystem
- Merz Aesthetics, the global leader in medical aesthetics, has introduced MAX Merz Aesthetics Exchange, an all-encompassing educational platform. This innovative ecosystem delivers a transformative learning experience by offering science-based aesthetic knowledge and dismantling traditional barriers, catering to the evolving needs of learners worldwide