Facial Rejuvenation Market
Global facial rejuvenation market is estimated to be valued at USD 28.14 Bn in 2024 and is expected to exhibit a CAGR of 7.9% during the forecast period (2024-2031). Global facial rejuvenation market has been witnessing steady growth, owing to rising demand for aesthetic procedures among people to restore youthful appearance. Facial rejuvenation treatments help reduce sagging skin, fine lines, wrinkles and restore volume and fullness to face. Growing preference for non-invasive procedures over surgical methods along with availability of technologically advanced products and treatments can drive the market growth. However, high cost of aesthetic procedures can hamper the widespread adoption of this treatment. Aesthetic awareness and acceptance of cosmetic treatments have increased considerably in emerging economies, thus, offering new avenues of growth over the forecast period.
Market Dynamics
Rising popularity of minimally invasive treatments, increasing disposable incomes, growing geriatric population susceptible to age-related facial changes and surge in medical tourism in developing nations can drive the market growth. However, high costs associated with aesthetic procedures and lack of reimbursement policies can hamper the market expansion. Introduction of novel technologies and equipment like laser resurfacing, neuromodulators and dermal fillers have opened new opportunities, enabling treatment of complex cases. Manufacturers are actively investing in R&D to develop superior products with reduced adverse effects.
Key features of the study
- This report provides in-depth analysis of the global facial rejuvenation market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global facial rejuvenation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Merz Pharma, Anika Therapeutics, Lumenis, Galderma, AbbVie, Contura Ltd, Fibrocell ScienceInc., Revance Therapeutics, Cynosure, Alma Lasers, STRATA Skin Sciences, Sciton, Inc., Elevai Labs, Inc., and SkinBioTherapeutics
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global facial rejuvenation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Market Segmentation
Market Segmentation
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