The
global Facial Fat Transfer Market size is anticipated to
reach USD 4.2 billion by 2026 at a CAGR of 10.7%, according to a new report by
Grand View Research, Inc. The growth of the market is attributed to various
benefits of fat grafting and the growing geriatric population. Furthermore, technological
advancements in aesthetic devices are also anticipated to fuel market growth.
According
to the United Nations data, individuals above the age of 65 years are accounted
for nearly 9% in 2019, while the number is estimated to reach nearly 11% by 2050.
In addition, the number of individuals aged above 80 years is 143 million in
2019 and is expected to reach 426 million in 2050. The facial skin of aging
people is prone to deep wrinkles, dry skin, volume loss and elasticity loss,
thereby driving the facial fat transfer market growth.
Furthermore,
the increasing usage of social media, beauty apps, and the extensive marketing
techniques of skincare and aesthetic device companies have led to increase in
obsession with flawless skin and desire to look perfect. For instance,
BeautyPlus Me-Perfect Camera, a photo editing app, became the top trending
Google Play store app in 2016, thus highlighting the rise in desire to look
flawless in order to receive social media appreciation in the form of ‘likes’.
The
market is charactetized by few established players and several start-ups or
small enterprises. This can be attributed to the presence of ambiquous
regulatory scenairo and capital intensive product development process.
Furthermore, the clinicians and plastic surgeons performing these procedures
also limited in number and have high fees, thus signifcantly affecting the
adoption of this technique.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/facial-fat-transfer-market
https://www.grandviewresearch.com/industry-analysis/facial-fat-transfer-market
Further
key findings from the study suggest:
- The current
demand for facelifts and other facial aesthetic cosmetic procedures is
mainly due to individual’s dissatisfaction with their appearance and a
strong desire for a youthful appearance
- Fat transfer
procedures with abdomen as donor site dominated the market share in 2018.
This can be attributed to high adipocyte viability of fat obtained from
this region
- North
America dominated the market in 2018. This can be attributed to the
availability and adoption of advanced treatment options in this region
- The Asia
Pacific is anticipated to witness a lucrative growth over the forecast
period. This can be attributed to the increasing disposable income and
increasing awareness regarding the various aesthetic procedures
- Some of key
companies profiled are Ranfac Corp; Cytori Therapeutics, Inc.; Allergan
Plc.; Medikan International Inc.; and Stanford Health Care.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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