Australia Hyaluronic Acid Based Dermal Fillers Market Size & Outlook
Australia hyaluronic acid based dermal fillers market, 2018-2030 (US$M)
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Australia hyaluronic acid based dermal fillers market highlights
- The Australia hyaluronic acid based dermal fillers market generated a revenue of USD 59.6 million in 2023 and is expected to reach USD 117.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, single-phase product was the largest revenue generating product in 2023.
- Single-Phase Product is the most lucrative product segment registering the fastest growth during the forecast period.
Hyaluronic acid based dermal fillers market data book summary
| Market revenue in 2023 | USD 59.6 million |
| Market revenue in 2030 | USD 117.0 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Single-phase product |
| Fastest growing segment | Single-Phase Product |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-Phase Product, Duplex Products |
| Key market players worldwide | Allergan, Merz Pharma, Anika Therapeutics Inc, LG Chem, Sinclair Pharma plc, Laboratoires Vivacy, Genzyme, Bio-Plus, Bioxis Pharmaceuticals |
Other key industry trends
- In terms of revenue, Australia accounted for 1.5% of the global hyaluronic acid based dermal fillers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hyaluronic acid based dermal fillers market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 844.3 million by 2030.
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Hyaluronic Acid Based Dermal Fillers Market Scope
Hyaluronic Acid Based Dermal Fillers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia hyaluronic acid based dermal fillers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hyaluronic acid based dermal fillers market will help companies and investors design strategic landscapes.
Single-phase product was the largest segment with a revenue share of 55.87% in 2023. Horizon Databook has segmented the Australia hyaluronic acid based dermal fillers market based on single-phase product, duplex products covering the revenue growth of each sub-segment from 2018 to 2030.
The growing focus on antiaging cosmetic services is expected to boost market growth. According to the Australian College of Cosmetic Surgery, Australia's per capita spending on cosmetic procedures is over 40% higher than that of the U.S. This significant increase in spending is driving growth in the cosmetic surgery industry in Australia.
Moreover, according to the Australian Health Practitioner Regulatory Agency (AHPRA) and Medical Board of Australia article in July 2023, new regulations in cosmetic procedures aimed at safeguarding patients include mandatory GP referrals, a minimum of two consultations, and a prescreening test for Body Dysmorphic Disorder.
A 7-day cooling-off period post consent form signing is now required, alongside more comprehensive informed consent processes. Higher training standards for doctors, facility accreditation, and stricter medical title rules are implemented.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia hyaluronic acid based dermal fillers market , including forecasts for subscribers. This country databook contains high-level insights into Australia hyaluronic acid based dermal fillers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia hyaluronic acid based dermal fillers market size, by product, 2018-2030 (US$M)
Australia Hyaluronic Acid Based Dermal Fillers Market Outlook Share, 2023 & 2030 (US$M)
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