Hyaluronic Acid Based Dermal Fillers Market Rising in United States | Fortune Business Insights

 The increasing demand for aesthetically improving appearance to match the beauty standards of today is boosting the global hyaluronic acid based dermal fillers market, says Fortune Business Insights in their new study. The study is titled,” Hyaluronic Acid Based Dermal Fillers Market : Global Market Analysis, Insights, and Forecasts, 2019 – 2026”.

According to the report, the global hyaluronic acid based dermal fillers market is anticipated to reach a valuation worth US$ 4,884.6 Mn by the end of 2026 from US$ 2,680.9 Mn in 2018. The market is expected to rise at a CAGR of 7.8% within the forecast period of 2019 to 2026.

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On the basis of application, the wrinkle correction treatment is prognosticated to hold the highest market share in the global hyaluronic acid based dermal fillers market. This is attributable to the fact that wrinkle correction treatment helps in removing facial lines and tightens skin, ensuring the skin to remain at its best for a longer period of time. This, coupled with the minimal risk of allergies associated with dermal fillers for wrinkle correction treatment, will help this segment remain dominant during the forecast period.

Allergan to Emerge as Leading Market Player with Wide Variety of Product Offerings

Among companies operating in the global hyaluronic acid-based dermal fillers market, Allergan held the highest share and emerged as the leading player in the market in 2018. Due to the presence of its JUVÉDERM family of hyaluronic acid-based dermal fillers, this company has a number of products enriched with advanced technology. The company offers a wide range of acid-based dermal fillers such as lip enhancement injectable and wrinkle correction injectable. Other players in this market are CANDELA CORPORATION, SCULPT Luxury Dermal Fillers LTD, Galderma laboratories, Anika Therapeutics, Inc., Sinclair Pharma, Bioxis pharmaceuticals, Prollenium Medical Technologies, BioPlus Co., Ltd., DR. Korman, Suneva Medical, Merz Pharma, among others.

Asia Pacific to Exhibit High Growth Backed by Rapidly Increasing Demand from the Beauty Industry

Fortune Business Insights foresees the global hyaluronic acid-based dermal fillers market to be dominated by North America. In 2018, the North America market was valued at US$ 1,221.6 Mn and it is anticipated to show immense growth in the coming years. However, Asia Pacific is likely to show growth at a higher rate due to the higher demand for cosmetic surgeries in nations such as China, South Korea, Japan, and India. Additionally, the rise in awareness about hyaluronic acid-based dermal fillers is fueling the demand for various cosmetic procedures.

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