FDA has approved dermal fillers made from absorbable or temporary material can be used to correct moderate to severe facial wrinkles. While the non-absorbable material is allowed for correction of nasolabial folds and cheek acne scars in patients over the age of 21 years. Also, FDA has approved the use of dermal filler for purpose such as hand augmentation. However, the regulatory agency bars dermal filler from being used in breast augmentation, increasing size of the buttocks, increasing fullness of the feet, and implant into bone, tendon, ligament or muscle.
The article cited AMA's "Global Hyaluronic Acid Based Dermal Fillers Market Study" explored CAGR of %. According to the report, Growth in Single-phase Hyaluronic Acid Dermal Fillers is one of the primary growth factors for the market. Increasing Geriatric Population
is also expected to contribute significantly to the Hyaluronic Acid Based Dermal Fillers market. Overall, Bootlegging
applications of Hyaluronic Acid Based Dermal Fillers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Hospitals, is boosting the Hyaluronic Acid Based Dermal Fillers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Hyaluronic Acid Based Dermal Fillers market identified that the demand is rising in many different parts of the world as "Increasing R&D Investments for New Hyaluronic Acid Based Dermal Fillers
". Furthermore, some recent industry insights like "In Aug 2020, Revance Therapeutics, Inc. announced that the company’s field force is established and will begin introducing its prestige aesthetics portfolio, including the RHA® Collection of dermal fillers, resilient hyaluronic acid, and the HintMD financial technology (fintech) platform, in the United States (U.S.) in September." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Hyaluronic Acid Based Dermal Fillers market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hyaluronic Acid Based Dermal Fillers market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Hyaluronic Acid Based Dermal Fillers market size is calculated using market estimation process, the Hyaluronic Acid Based Dermal Fillers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Hyaluronic Acid Based Dermal Fillers market size has been validated using both top-down and bottom-up approaches.