|Market Size in 2022||Market Forecast in 2030||CAGR (in %)||Base Year|
|USD 11.7 Billion||USD 16.7 Billion||7.9%||2022|
Facial Rejuvenation Market
The global facial rejuvenation market size was evaluated at $11.7 billion in 2022 and is slated to hit $16.7 billion by the end of 2030 with a CAGR of nearly 7.9% between 2023 and 2030.
Facial rejuvenation is a cosmetic therapy that helps in the restoration of the youthful appearance of the face of human beings. It can be achieved with the help of both surgical and non-surgical methods. Moreover, surgeries can help in the restoration of symmetry of the face through targeted methods as well as facial restructure & skin alterations. Non-surgical methods help in addressing local facial issues like wrinkles, scars, and hyperpigmentation.
A rise in the beauty consciousness among the people will drive global market trends
Easy access to facial treatment along with enhanced consciousness about new techniques will steer the global facial rejuvenation market expansion over the forecast timespan. In addition to this, changing lifestyles have translated into the requirement for facial rejuvenation methods and this will prompt the global market surge over the forthcoming years. The rise in the baby boomer population will further propel the demand for facial rejuvenation products over the forthcoming years. The thriving fashion industry and increasing awareness about looking beautiful will embellish the expansion of the market across the globe.
Furthermore, the rise in the tendency of the middle-aged and aged population to look young will proliferate the demand for facial rejuvenation over the forthcoming years. Additionally, an increase in the expenditure on facial rejuvenation items will proliferate the global facial rejuvenation market trends over the forthcoming years. New product launches will contribute notably towards the global market size. Citing an instance, in March 2023, Galderma S.A., a U.S.-Swiss pharmaceutical firm, introduced FACE by Galderma™, a new aesthetic visualization tool driven by augmented reality allowing patients to experience injectable treatment outcomes in real-time. Such moves will steer the expansion of the market across the globe.
Rising charges of facial rejuvenation procedures can diminish the popularity of facial rejuvenation surgeries
Massive costs of facial rejuvenation methods will condense the growth of the facial rejuvenation industry across the globe. As per the American Society of Plastic Surgeons, the average charge for intense pulsed light therapy is USD 413 and the minimal cost of nonsurgical skin tightening is USD 2,500. Furthermore, side effects related to dermal fillers can further retard the global market demand.
Surging demand for non-invasive facial surgical procedures will generate new growth opportunities for the global market
Escalating the popularity of non-invasive aesthetic facial surgeries and a surge in investments in research activities pertaining to facial rejuvenation procedures will open new growth avenues for the global facial rejuvenation market expansion. Growing preference among celebrities to preserve their vigor and youthfulness along with improving their personality will boost the expansion of the industry globally.
Lack of availability of skilled personnel and less awareness of product efficiency can prove to be a huge challenge for the global facial rejuvenation industry expansion. Non-uniformity in the laws pertaining to the use of facial rejuvenation procedures across the globe will further impede global industry expansion in the years ahead.
The global facial rejuvenation market is sectored into product type, end-user, and region.
In product type terms, the global facial rejuvenation market is segregated into micro abrasion equipment, botulinum toxin, topical skin care products, dermal fillers, chemical peels, and skin rejuvenation device segments. Furthermore, the dermal fillers segment, which garnered nearly 50% of the global market share in 2022, is predicted to record the fastest CAGR in the upcoming years. The growth of the segment in the ensuing years can be due to cost-effectiveness, reliability, and easy-to-use features of the product. Their safety and effectiveness will further steer the product landscape in the upcoming years.
Based on end-user, the global facial rejuvenation industry is bifurcated into beauty centers & spas, hospitals & clinics, and dermatology clinics segments. Moreover, the dermatology clinics segment, which accounted sizably for the global industry revenue in 2022, is set to register the fastest CAGR over the forecast timeline. The segmental expansion over the estimated timeframe can be subject to growing visits of customers to the dermatology clinics.
|Report Attributes||Report Details|
|Report Name||Facial Rejuvenation Market|
|Market Size in 2022||USD 11.7 Billion|
|Market Forecast in 2030||USD 16.7 Billion|
|Growth Rate||CAGR of 7.9%|
|Number of Pages||223|
|Key Companies Covered||Revance Therapeutics Inc., Cynosure Inc., Contura International A/S, Anika Therapeutics Inc., LUMENIS, Gal derma S/A, Biopolymer GmbH & Co., Specialty European Pharma, Merz GmbH & Co. KGaA, Mentor Worldwide LLC, Fibrocell Inc., and others.|
|Segments Covered||By Product Type, By End-User, and By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2017 to 2021|
|Forecast Year||2023 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
North America is projected to maintain its global market domination over the estimated timeframe
North America, which accounted for 65% of the global facial rejuvenation market revenue in 2022, will be the dominating region over the assessment timeline. Moreover, the regional market growth can be credited to the large-scale acceptance of cost-effective surgical methods in countries such as the U.S. Furthermore, the growing penetration of facial rejuvenation items in the region will steer the regional market expansion over the forthcoming years. Escalating demand for non-surgical aesthetic facial rejuvenation procedures and the use of products with new embedded features will drive regional market trends.
The Asia-Pacific facial rejuvenation industry is set to register the fastest CAGR in the next couple of years subject to a rise in the use of chemical reels in the countries such as India. Apart from this, the growing demand for botulinum as well as dermal fillers for instant outcomes will steer the growth of the industry in the Asia-Pacific zone.
The global facial rejuvenation market profiles key players such as:
By Product Type
Facial rejuvenation is a cosmetic therapy that helps in the restoration of the youthful appearance of the face of human beings.
The global facial rejuvenation market growth can be owing to changing lifestyles having translated into the requirement for facial rejuvenation methods.
According to a study, the global facial rejuvenation industry size was $11.7 billion in 2022 and is projected to reach $16.7 billion by the end of 2030.
The global facial rejuvenation market is anticipated to record a CAGR of nearly 7.9% from 2023 to 2030.
The Asia-Pacific facial rejuvenation industry is set to register the highest CAGR over the forecasting timeline owing to the rise in the use of chemical reels in countries such as India. Apart from this, the growing demand for botulinum as well as dermal fillers for instant outcomes will steer the growth of the industry in the Asia-Pacific zone.
The global facial rejuvenation market is led by players such as Revance Therapeutics Inc., Cynosure Inc., Contura International A/S, Anika Therapeutics Inc., LUMENIS, Gal derma S/A, Biopolymer GmbH & Co., Specialty European Pharma, Merz GmbH & Co. KGaA, Mentor Worldwide LLC, and Fibrocell Inc.
The facial rejuvenation market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.