The Indian dermal fillers market is expected to grow at the highest CAGR of 8.9% during the forecast period. Rising disposable income, high proportion of middle-aged people is one of the major factors for the growth of the market. There is a high growth opportunity in this market due to the rising disposable income and increasing awareness of the cosmetic procedures in developed and emerging economies in the region. Moreover, the market is growing at an alarming rate which leads to an increase in the number of dermatological consultations, dermatology clinics and the increasing demand for dermatologists in the region.
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The Indian pharmaceutical industry has been consistently growing making India as a potential market for the adoption of advanced cosmetic procedures. The affordability of cosmetic surgeries is rising in India due to the sustained growth of income. The adoption of modern medicine and newer therapies will increase due to market creation by players. The growth in the market will be focused on favorable demographics in India, socio-economic changes and urbanization along with a sedentary lifestyle. The foreign pharma companies over the years have tapped the Indian pharma market by a series of major acquisitions, new product launch and expansion of field force.
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The Indian dermal fillers market can be segmented based on application, type, and end-users. Based on application, the market is classified into face-lift, lip treatment/enhancement, facial line correction treatment, and other application. Moreover, based on type, the market is segmented into collagen fillers, poly-L-lactic acid, hyaluronic acid, calcium hydroxylapatite, and others. Based on end-users, the market is segmented into dermatology clinics and hospitals. Among types, the calcium hydroxylapatite is projected to exhibit a significant growth rate in the market due to technology advancement and new product development.
Market Segmentation
By Application
- Face-Lift
- Lip Treatment/Enhancement
- Facial Line Correction Treatment
- Others (Acne Scar Treatment)
By Type
- Collagen Fillers
- Ploy-L-Lactic Acid (PLLA)
- Hyaluronic Acid (HA)
- Calcium Hydroxylapatite (CaHA)
- Others (Autologous Fat Injections and Polymethylmethacrylate (PMMA))
By End-User
- Dermatology Clinics
- Hospitals
Company Profiles
- Allergan PLC
- BIOHA Laboratories
- BioPlus Co., Ltd.
- Croma-Pharma GmbH
- Cynosure LLC
- Korman Laboratories Ltd.
- Galderma Laboratories, L.P.
- Huons Co. Ltd.
- Merz Pharmaceuticals GmbH
- Sculpt Luxury Dermal Fillers Ltd.
- Shanghai Bioha Technologies Co., Ltd.
- Sinclair Pharma Ltd.
- Teoxane SA
- Vivacy Laboratories
- Zhejiang Jingjia Medical Technology Co., Ltd.
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