The hyaluronic acid-based dermal fillers market size is estimated to grow to US $6.65 billion in 2027 at a CAGR of 10.6 per cent, according to a latest report published by the Business Research Company. Rising demand for non-invasive aesthetic procedures have been attributed to the growth of the market, the report noted.
In 2023, the global hyaluronic acid-based derma fillers market size grew to US $4.44 billion at a CAGR of 11.9 per cent from US $3.97 billion in 2022, according to the report. Advancements in technology have boosted the hyaluronic-acid based dermal fillers market. In 2021, a new treatment called laser resurfacing treatments, known for its efficiency and less invasive nature, was introduced in the market. This treatment also addressed multiple skin concerns, the report stated.
Factors driving the market are increase in demand for non-invasive procedures. Furthermore, long-lasting results with minimal risks have also made people reach out to dermal fillers without hesitancy.
According to the report, North America was the largest region in the hyaluronic acid-based dermal fillers market in 2022. However, Asia-Pacific was expected to be the fastest-growing region in the forecast period.
The countries covered in this report were Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US.