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North America Reverse Logistics Market is set to Boom Worldwide at a CAGR of 5.2% by 2029

Submitted by Rajni on Sun, 11/26/2023 - 22:18

The North America Dermal Fillers market is expected to reach the value of USD 5,714.57 million by 2029, at a CAGR of 11.4% during the forecast period 2022-2029.
The semi-permanent dermal fillers segment of type segment is anticipated to dominate the dermal fillers market
• Semi-permanent dermal fillers segment is expected to dominate the global dermal fillers market and is expected to reach USD 6,314.63 million by 2030 in the forecast period of 2023 to 2030 because they are mostly used in wrinkles and lip enhancement, facial line improvement application areas among others owing to long-lasting, bio-absorbent answers side effects properties.
• On the basis of product type, the market is segmented into biodegradable dermal fillers and non-biodegradable dermal fillers. The biodegradable dermal fillers segment is expected to dominate the global dermal fillers market and is expected to reach USD 5432.67 million by 2030 in the forecast period of 2023 to 2030. These products are preferred over non-biodegradable fillers due to safety concerns. If any problems arise after the biodegradable injection administration, these will disappear naturally.
• On the basis of material type, the market is segmented into natural dermal fillers and synthetic dermal fillers.
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The natural dermal fillers segment of material type segment is anticipated to dominate the dermal fillers market
The natural dermal fillers segment is expected to dominate the global dermal fillers market and is expected to reach USD 5350.39 million by 2030 in the forecast period of 2023 to 2030 owing have minor possibilities of allergic reaction and side effects. These dermal fillers have high compatibility with the human body which can be simply removed after filler removal processes.
• On the basis of drug type, the market is segmented into branded, generic. Natural dermal fillers segment is expected to dominate the global dermal fillers market and is expected to reach USD 6076.42 million by 2030 in the forecast period of 2023 to 2030 because extremely competitive markets are inhibiting the generic version of drugs.
• Also, physicians recommend the branded drugs due to high incentives of the product. As a result, the demand for branded medicine increases and dominates the market.
• On the basis of application, the market is segmented into facial line correction, face lift, scar treatment, lip enhancement, wrinkles, sagging skin, rhinoplasty, cheek depression, dentistry, reconstructive surgery, aesthetic restoration, others.
• Facial line correction segment is expected to dominate the global dermal fillers market and is expected to reach USD 2259.063 million by 2030 in the forecast period of 2023 to 2030 owing to higher process volume than other application. Moreover, the growing awareness regarding the advantages of dermal filler and the augmented spending of healthcare on an aesthetic non-surgical process also increase the demand for the dermal filler in the forecast period.
• On the basis of end user, the market is segmented into dermatology clinics, ambulatory surgical centers, hospitals and others.
• Dermatology clinics segment is expected to dominate the global dermal fillers market and is expected to reach USD 5080.86 million by 2028 in the forecast period of 2023 to 2030 because redundant aesthetic procedures are highly performed in dermatology clinics.
• Furthermore, an increasing number of specialized dermatology clinics in emergent nations are also surging the volume of the process, driving the market growth.
• On the basis of distribution channel, the market is segmented into retail pharmacy, drug stores, and online pharmacies. Drug stores segment is expected to dominate the global dermal fillers market and is expected to reach USD 5742.152 million by 2030 in the forecast period of 2023 to 2030 due to easy availability as compared to other distribution channels and large number of drugs is obtained in direct and bulk form.
Market Development
• In April 2022, Sinclair Pharma announced that the company received a European CE mark for Perfectha Lidocaine in treating facial contouring, volume restoration, and wrinkle correction.
• In November 2021, Galderma announced that it had signed a contract to acquire ALASTIN Skincare, Inc. This specialty aesthetics company is dedicated to developing clinically-tested physician-dispensed skincare products. This acquisition is subject to necessary regulatory approvals and customary closing conditions.
• In October 2020, Allergan Aesthetics, an AbbVie company, announced that it had entered into a contract with Luminera, a privately held esthetics company based in Israel. According to this agreement, Allergan Aesthetics has acquired Luminera's full dermal filler R&D pipeline and portfolio, further enhancing its leading dermal filler portfolio.
• In May 2020, Restylane received approval for Restylane Kysse from the U.S. FDA. It is a lip filler which has designed to increase the lips' volume, color, and texture. Restylane Kysse lasts is high in demand for lip enhancement.
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• MAJOR TOC OF THE REPORT
• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: North America Healthcare 3D Printing Market
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