Global Facial Rejuvenation Market, by Product Type (Topical Rejuvenation Products (Keratolytics, Moisturizers, Retinoids, Sunscreens, Hair Removals) Botulinum products, Dermal Fillers (Absorbable Dermal Fillers, Non Absorbable Dermal Fillers), Chemical Peels, Micro Abrasion, Equipment’s (Laser Based Equipment’s, Ultrasound Based Equipment’s), by End User (Hospitals, Dermatology Clinics and Beauty Centers and Spa ), and by Regions (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 24,616.7 Million in 2022 and is expected to exhibit a CAGR of 7.7 % during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
Increasing geriatric population are expected to drive market growth during the forecast period. For instance, according to data published on United Health Foundation stated that in 2021 more than 54 million adults ages 65 and older live in the U.S.
Global Facial Rejuvenation Market– Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions. Private healthcare is one such sector that has been impacted significantly by the COVID-19 pandemic.
The coronavirus 2019 (COVID-19) pandemic has had a significant impact on the medical field, including the practices of dermatologists, otolaryngologists-head and neck surgeons, plastic and reconstructive surgeons, oculoplastic surgeons, and face plastic and reconstructive surgeons.
Global Facial Rejuvenation Market: Key Developments
Market Players are involved in product launches to gain significant position in the market. In March 2021, The Clear + Brilliant Touch laser, the brands newest Clear + Brilliant laser, has officially launched in the U.S., according to Bausch Health Companies Inc. and its Solta Medical division. With a combination of two wavelengths, this system provides a personalized and more thorough treatment plan for all ages and skin types.
Browse 27 Market Data Tables and 31 Figures spread through 156 Pages and in-depth TOC on “Global Facial Rejuvenation Market”- Forecast to 2030, Global Facial Rejuvenation Market, by Product Type (Topical Rejuvenation Products (Keratolytics, Moisturizers, Retinoids, Sunscreens, Hair Removals) Botulinum products, Dermal Fillers (Absorbable Dermal Fillers, Non Absorbable Dermal Fillers), Chemical Peels, Micro Abrasion, Equipment’s (Laser Based Equipment’s, Ultrasound Based Equipment’s), by End User (Hospitals, Dermatology Clinics and Beauty Centers and Spa), and by Regions (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/facial-rejuvenation-market-3189
Moreover, increasing demand for faster outcomes and shorter treatment times is expected to drive the growth of the market during the forecast period. For instance, in January 2019, Alma launched the Soprano Titanium laser hair removal device, which incorporates sophisticated 3D laser technology to remove excessive or unwanted hair without damaging the surrounding skin tissue.
Key Takeaways of the Global Facial Rejuvenation Market:
- The global facial rejuvenation market is expected to exhibit a CAGR of 7.7 % during the forecast period due to the increasing adoption of strategies such as partnerships, investments, and acquisitions, besides technological progressions and R&D activities are actively undertaken by leading skin rejuvenation. For instance, according to data published in March 2022, on Aesthetics Media Ltd, Cynosure, which develops and manufactures a diverse range of leading treatment applications for hair removal, skin revitalization, scar reduction, gynecological health, body contouring announced the acquisition of MyEllevate Surgical Suture System, which is a minimally invasive facial rejuvenation solution comapny,in order to expand its collection of minimally invasive facial rejuvenation solutions.
- Among Region, Asia Pacific segment is estimated to exhibit highest CAGR in the global facial rejuvenation market over the forecast period, owing to the increase in geriatric population. For instance, according to data published in June 2022, on World Health Organization (WHO) stated that, there were an estimated 414 million Asian people age 65 and older.
- On the basis of Product type, botulinum products segment is estimated to account for the largest market share in the global facial rejuvenation market over the forecast period, owing to increasing in product launch. For instance, according to data published in January 2021, Cision US Inc., stated that Maypharmannounced launch of new botulinum toxin, METOX which is an effective solution for smoothing any kind of wrinkles from moderate to severe, caused by daily active facial movements.
- Major players operating in the global facial rejuvenation market include Merz Pharma, Anika Therapeutic, Lumenis, Galderma, Allergan (Actavis), Contura Ltd,Fibrocell ScienceInc., Revance Therapeutics, Cynosure, Lumenis, Bausch Health Companies Inc., Alma Lasers, STRATA Skin Sciences, LUTRONIC ,Sciton, Inc.
