The global facial aesthetics market is expected to grow at a high quality CAGR of 10.1% to USD 32.2 billion by the end of 2032

PRESS RELEASE

Published January 26, 2023

The global facial aesthetics market is expected to have a market value of US DOLLAR$ 12.3 billion in 2022 and expanding at a premium CAGR of 10.1% until US DOLLAR$ 32.2 billion by the end of 2032.

As evaluated by Persistence Market Research, sales of facial aesthetic products were responsible 21.6% revenue share of the global non-invasive aesthetic treatment market in 2021. The global market recorded a historic CAGR of 6.9% in the past 9 years from 2012 to 2021.

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One of the major drivers of the facial aesthetics market is the increasing demand for non-invasive treatments. Many people look for alternatives to surgical procedures, which can be expensive and have a longer recovery time. Non-invasive treatments, such as injectables and lasers, offer a more convenient and cost-effective option for those looking to improve their appearance.

Another factor contributing to the growth of the facial aesthetics market is the development of new technologies and products. Numerous advancements have been made in the field in recent years, including the development of new injectables and energy-based devices. These innovations have increased the range of treatments available and made them more effective and safe to use.

Businesses

  • Johnson & Johnson
  • allergy
  • Galderma Laboratories
  • Teoxane
  • Laboratories Vibrance
  • Prollium medical technologies
  • Laboratories Orgev
  • MD Skin Solutions
  • Revitacare
  • Suneva Medical

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Overall, the facial aesthetics market is expected to continue to grow in the coming years, driven by the increasing demand for non-invasive treatments and the development of new technologies and products.

Competitive landscape

Increasing demand for facial aesthetics, favorable support from governments in terms of new entity approvals and new applications of new solutions are factors driving acquisition and collaboration agreements between manufacturers. Companies are constantly focusing on increasing their product reach in the market.

  • In January 2022, Galderma acquired ALASTIN Skincare®, Inc. over, an aesthetic facial products manufacturer solely dedicated to developing innovative skin care products to enhance its dermatology platform with different skin care regimens.
  • In December 2021, Allergan Aesthetics acquired Soliton, Inc. to add its technology additions to Allergan Aesthetics’ portfolio of non-invasive treatments, particularly for cellulite.

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By product:

  • Dermal fillers
  • Botulinum toxin
  • Chemical peels
  • Microdermabrasion

By treatment:

  • Facial line correction treatment
  • Scar treatment
  • Lip treatment
  • restorative treatment
  • Others

By end user:

  • Hospitals
  • Dermatology clinics
  • Aesthetic clinics
  • Beauty salon

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About us

Persistence Market Research is a US-based full-service market intelligence agency specializing in syndicated research, custom research and advisory services. Persistence Market Research has market research expertise in the healthcare, chemicals and materials, technology and media, energy and mining, food and beverage, semiconductor and electronics, consumer goods, and marine and transportation industries. The company draws on its multidisciplinary capabilities and a world-class team of analysts to share data that precisely matches customers’ business needs.

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This press release has been written with the intention of providing accurate market information that will enable our readers to make informed strategic investment decisions. If you notice a problem with this content, feel free to contact us

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Gerard

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The global facial aesthetics market is expected to grow at a high quality CAGR of 10.1% to USD 32.2 billion by the end of 2032

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