U.S. Lip Augmentation Market Size & Outlook, 2023-2030
U.S. lip augmentation market, 2018-2030 (US$M)
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U.S. lip augmentation market highlights
- The U.S. lip augmentation market generated a revenue of USD 2,224.0 million in 2023 and is expected to reach USD 3,588.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.1% 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 2,224.0 million |
| Market revenue in 2030 | USD 3,588.5 million |
| Growth rate | 7.1% (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, U.S. accounted for 32.3% 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 |
|---|
U.S. 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 56.19% in 2023. Horizon Databook has segmented the U.S. lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
Lip Augmentation market in the U.S. accounted for the largest share in the North America market. High disposable income and an increase in awareness about availability of a variety of Lip Augmentation procedures are some factors responsible for market growth in the U.S.
According to data published by the U.S Bureau of Economics, in 2019, Americans had 14.97 trillion dollars in disposable personal income and in that same year their per capita disposable income was $45,579. According to the American Society of American Society of Plastic Surgeon, the number of lip augmentation procedures increased by nearly 2%, from 2017 to 2018.
This can be accredited to factors such as rapid technological advancements, relatively higher disposable income, development and availability of infrastructure and facilities for aesthetic procedures and relatively higher number of aesthetic professionals.
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Our clientele includes a mix of lip augmentation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. lip augmentation market, including forecasts for subscribers. This country databook contains high-level insights into U.S. lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. lip augmentation market size, by type, 2018-2030 (US$M)
U.S. Lip Augmentation Market Share, 2023 & 2030 (US$M)
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