Published on : Oct 21, 2016
Facial injectable products, which are used for eliminating or reducing wrinkles on facial skin, correction of scar depression, lip augmentation, and correct the soft tissue volume loss are increasingly being used by consumers on account of growing incomes and a desire to maintain youthful looks. Availability of facial fillers with less side-effect coupled with rising geriatric population supports the growth of the global facial injectables market. Overall, there exists promising opportunities in new facial injectable products, leading to an increased investment by players operating in the market. At present, collagen, hyaluronic acid, particle and polymer fillers (PPF), and botulinum toxin are being widely used by consumers.
Increasing longevity of the effects of facial injectable products is one of the key factors boosting the demand for these products. Re-treatment is required to maintain the desired effect of the facial injectable products, this is expected to continue to aid the growth of the market. The growing geriatric population is an important reason behind the growth of the market. According to World Health Organization WHO, the number of people aged 65 and above is expected to be 1.5 bn by 2050 and this is expected to benefit the global demand for facial injectable products. The baby boomers generation is expected to continue work even after reaching retirement years of their age making them more concerned about aging effects, aesthetic appearance and beauty. This will further drive the demand for facial injectable products.
Side Effects of Facial Injectable Products to Deter Adoption
Facial injectable products such as hyaluronic acid, collagen and botulinum toxin are obtained from bacterial production, animal tissue extraction, and in-vitro production. Involvement of chemicals and living organism and enzymes in the preparation of these products are likely to cause allergic reaction in many cases. This is expected to be one of the biggest challenge for players in the industry. People involved in the entertainment industry have busy schedules and cannot afford to waste time for recovering from allergies and other side effects.