Canada Lip Augmentation Market Size & Outlook, 2023-2030
Canada lip augmentation market, 2018-2030 (US$M)
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Canada lip augmentation market highlights
- The Canada lip augmentation market generated a revenue of USD 351.5 million in 2023 and is expected to reach USD 637.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, temporary was the largest revenue generating type in 2023.
- Temporary is the most lucrative type segment registering the fastest growth during the forecast period.
Lip augmentation market data book summary
| Market revenue in 2023 | USD 351.5 million |
| Market revenue in 2030 | USD 637.2 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Temporary |
| Fastest growing segment | Temporary |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Temporary, Permanent |
| Key market players worldwide | Allergan, Nestle SA, Teoxane Laboratories Geneva, Suneva Medical, Sinclair Pharma plc, Merz Pharma, Laboratoires Vivacy |
Other key industry trends
- In terms of revenue, Canada accounted for 5.1% of the global lip augmentation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. lip augmentation market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 637.2 million by 2030.
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Lip Augmentation Market Scope
Lip Augmentation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada lip augmentation 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 lip augmentation market will help companies and investors design strategic landscapes.
Temporary was the largest segment with a revenue share of 56.22% in 2023. Horizon Databook has segmented the Canada lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
According to an article by Global News, only 11% of women and 13% of women are compeletly satisfied with their appearance. According to the Canadian Institute of Health Information, the total healthcare expenditure in Canada was about $264 billion which is $ 7,068 per person, representing 11.6% of their total GDP.
High healthcare expenditure and presence of advanced healthcare facilities are some key factors fueling the Lip Augmentation Market in Canada. The Canadian Association of Medical Spas and Aesthetic Surgeons (CAMACS) recognizes the need for proper guidelines due to the increasing number of cosmetic procedures and also provides a list of approved procedures in Canada by certifying and accrediting them.
The organization has also realized the importance and benefits of noninvasive procedures and is creating awareness for the same and also offers certified medical aesthetics technologist diploma program for young practitioners.
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Our clientele includes a mix of lip augmentation market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada lip augmentation market, including forecasts for subscribers. This country databook contains high-level insights into Canada lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada lip augmentation market size, by type, 2018-2030 (US$M)
Canada Lip Augmentation Market Share, 2023 & 2030 (US$M)
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