Dermal Fillers Global Marketing Rising in Demand 

The dermal fillers global market size is expected to grow from almost $4 billion over the next seven years, reaching an estimated $7.58 billion by 2031. It’s anticipated to register a compound annual growth rate of 8.3% during the forecasted period, according to Premium Market Insights. 

Dermal fillers are anti-aging products injected into patients’ skin to enhance volume. They are used to make sagging skin, or skin that has become wrinkled because of age transform into smooth, plump skin. They are made of hyaluronic acid from animals or the patient’s fat. 

The growth in the market can be attributed to the preference of minimally invasive procedures and the rising attraction of consumers towards beauty and wellness.

Biodegradable dermal fillers are expected to account for the highest share as these injectable fillers are preferred options due to their safety, enhanced effectivity, and increasing availability. 

A challenge for the industry is high cost. As per the European Union, the middle-class population will have more than 5.3 billion people globally by 2030. Majority of the growth is expected in Asia and by 2030, China and India are expected to represent 65% of the global middle-class population. 

The expanding middle class is forecasted to boost economic development as well as changing consumer behavior and consumption patterns. 

According to US Bureau of Labor statistics, the disposable income in the US is expected to reach $21.2 billion by 2026.