Published on : Dec 07, 2018
ALBANY, New York, Dec 07, 2018: A recent report by ResearchMoz.us, titled, “Global Market Study on Facial Rejuvenation: Botulinum Toxin to Remain Dominant Product Type Through 2026 Owing to Growing Popularity of Minimally Invasive Facial Treatment,” studies the market from every possible angle. To do so, it examines the tailwinds and headwinds molding its grow pace. It also slices and dices the global facial rejuvenation market by classifying it based on different components. Finally, the report offers thorough glance into the competitive landscape by studying the different companies present in the market.
Mainly fuelling the global facial rejuvenation market is the increasing urban population with substantial spending capacity. This coupled with their stressful lifestyle and strong yearning to look presentable is providing major tailwinds to the global facial rejuvenation market. Besides, mushrooming beauty clinics and beauty parlors in response to the demand in the market is also having a positive impact on the global facial rejuvenation market. This is because it has led to easy access to treatments.
The report finds that savvy players are always striving to better their services. To that end, they are using latest products and devices. Deep-pocketed stakeholders in the global facial rejuvenation market are expending substantial amounts on research and development of better products. All the aforementioned have played a crucial role in driving the market.
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The most noticeable trend in the global facial rejuvenation market is the emergence of innovative, less intrusive treatment techniques. Greater awareness about them owing to solid advertising and marketing strategies of key players is boosting revenue growth.
Deterring the market, on the other hand, is the dearth of trained personnel and little evidence of clinical success of the processes. Hence, many abstain from adopting such procedures.
Having thrown light on the growth drivers and restraints in the global facial rejuvenation market, the report goes on to segment it on different parameters. For instance, depending upon the type of products, it classifies the market into dermal fillers, botulinum products, topical products, chemical peels, and micro abrasion equipment. Among them, the botulinum products account for maximum market share because of the instantaneous results they yield. In fact, its usage is most widespread in Europe and North America. It is because of the easy availability and greater spending capacity of people. Meanwhile, in Asia Pacific and the Middle East and Africa, chemical peel is mostly preferred.
Geographically, North America at present leads the global facial rejuvenation market with the largest share. However, with respect to growth pace, Asia Pacific leads.
Prominent participants in the global facial rejuvenation market are Merz GmbH & Co. KGaA, Specialty European Pharma, Revance Therapeutics Inc., Anika Therapeutics Inc., and Cynosure Inc. The report observes that the players are banking upon strategic alliances and product development to grow their shares in the market.
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