Lip Augmentation Market Overview:
Lip Augmentation Market was valued at USD 2.75 Billion in 2021, registering a CAGR of 9.7% during the forecast period (2022-2030), and the market is projected to be worth USD 6.33 Billion by 2030. Lip augmentation is a type of cosmetic procedure that increases the volume and fullness of lips using hyaluronic fillers, fat, or implants. The increased social media influence, rising concerns related to self-esteem, and higher disposable income of the population are major factors driving the growth of the lip augmentation market. For instance, in 2021, the U.S. Bureau of Economics presented an analysis that the Americans had USD 18.65 trillion in Disposable Personal Income (DPI) with per capita personal DPI being worth over USD 55,500. This factor is anticipated to accelerate market growth due to increased consumer expenditure on cosmetic procedures.
The factors contributing to the increased acceptance of cosmetic surgery are affordability, increased consumer awareness, and minimally invasive procedures. For instance, according to the statistics report published in 2017 by the American Society of Plastic Surgeons, surgical lip augmentation has increased by over 5.7% since 2016. Based on region, North America accounted for the larger revenue share in the global lip augmentation market in 2021. Owing to the increased influence of social media, higher purchasing power, and availability of advanced cosmetic surgery procedures combined with higher acceptance of cosmetic surgery in specialized hospitals. Thus, the above-mentioned factors are anticipated to contribute to the lip augmentation market during the forecast period.
Lip Augmentation Market Dynamics:
Lip Augmentation is a process of lip enlargement using fillers, implants, and other chemicals. This procedure is either carried out in hospitals, and beauty clinics or through a non-surgical method such as self-injection of lip fillers. Each lip augmentation process varies based on recovery time, results, and side effects. Thus, technological advancement in cosmetic surgical procedures has fueled the growth of the lip augmentation market in the forecast period.
Driver:
The factors such as rising incidences of self-esteem or body dissatisfaction, increased influence of social media on the millennials, and the growing unhealthy effects of sedentary lifestyles on the skin are anticipated to drive the growth of the lip augmentation market. Moreover, the enhanced technological advancements, rising procedures safety and growing receptiveness to dermal fillers have accelerated the growth of the lip augmentation market.
Restraint:
The risks associated with surgical interventions such as unevenness, overfilled lips, swelling, bruising, and bleeding from injection sites are the major factors that hamper the growth of the lip augmentation market. Additionally, high surgery costs, expensive surgical gadgets, and strict protocols and regulations for surgery are anticipated to be the challenges to the market growth.
Opportunity:
The growing number of research and development studies in the area of cosmetic surgeries for reducing the surgical risks and global penetration of med spas, aesthetics clinic chains, and beauty bars are expected to offer lucrative opportunities for market growth. Furthermore, the increased demand for dermal fillers and biostimulators from millennials due to the shift towards wellness, healthy aging, and beauty is expected to generate profitable opportunities for the lip augmentation market.
COVID-19 Analysis of Lip Augmentation Market:
The lip augmentation market has been significantly impacted due to the COVID-19 pandemic in many different parts of the world. The factors such as poor supply chain, slow medical device manufacturing rate, reduced discretionary spending, and economic slowdown is the major impacts of COVID-19 on hampered the growth of the lip augmentation market. Being an elective procedure, cosmetic surgery was one of the medical operations that suffered cancellations during the outbreak. The pandemic’s initial effects in China were tremendous. However, the nation’s circumstances have stabilized, and all product and service production rates have increased. As a result, it is determined that COVID-19’s overall impact on the lip augmentation market is moderate. Post covid-19 there was a positive impact on the lip augmentation market as the technological advancements in the field of permanent lip fillers resulted in increased expenditure on research and development.
Lip Augmentation Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2016-2030 |
| Market Size in 2030 (USD Billion) | 6.33 Billion |
| CAGR (2022-2030) | 9.7% |
| By Type | Temporary, Permanent |
| By Product Type | Hyaluronic acid fillers, Fat Injection or Lipoinjection, Poly-L-Lactic Acid Fillers, Lip Collagen, And Others |
| By Distribution Channel | Hospital pharmacies, Clinics, Retail Pharmacies, Drug stores, Online pharmacies, Others |
| By End-Use | Hospitals, Ambulatory Surgical Centers, Office Based Clinics, Spas/Beauty Clinics |
| By Geography | North America– (U.S., Canada, Mexico
Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe) Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific) Latin America- (Brazil, Argentina, Chile, Rest of Latin America) Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA) |
| Key Players | Allergan, Galderma, Merz Pharma, Teoxane Laboratories, Suneva Medical, Sinclair Pharma, Laboratories Vivacy SaS, Cynosure, LLC., Integra LifeSciences, Bioha Laboratories |
Lip Augmentation Market Segment Analysis:
By Type
The type segment is bifurcated into temporary and permanent lip augmentation. The permanent type is estimated to contribute the largest share of the market due to its cost-effectiveness and minimal efforts. The permanent type segment is further divided into fat grafting, lip advancement, lip fillers, lip implants, lip lifts, and others. Permanent lip augmentation is in high demand for thin lips that aid in adding volume and definition. Furthermore, the lip lift is the only permanent lip augmentation solution while the fat grafting lasts for around five years. Lip fillers fall into the category of a semi-permanent or temporary solution. The factors such as rapid results, low cost, and minimally invasive are anticipated to support the temporary segment growth in the forecast period.
By Product Type
The product type segment is divided into hyaluronic acid fillers, fat injection or lipoinjection, poly-L-lactic acid fillers, lip collagen, and others. The hyaluronic acid fillers segment accounted for the largest revenue share in 2021. Owing to the non-toxic, moisturizing, and viscoelastic properties. Hyaluronic acid is naturally found in the human body which aids in increasing the volume of lips. Furthermore, the rising demand for natural materials in cosmetic surgical procedures, increasing need for skin rejuvenation, and high demand for non-invasive aesthetic procedures are contributing to the increased growth of the hyaluronic acid fillers segment. Additionally, lipoinjections are also expected to support the growth of the lip augmentation market due to less bruising, reduced risks of an allergic reaction, and long-lasting results.
By Distribution Channel
Based on the distribution channel, the segment is categorized into hospital pharmacies, clinics, retail pharmacies, drug stores, online pharmacies, and others. The hospital pharmacies are anticipated to contribute the largest share to the growth of the lip augmentation market owing to the rising demand for cosmetic procedures. Additionally, lip augmentation kits such as lip fillers and solutions are also available through online pharmacies, retail pharmacies, and drug stores due to rising demand in the millennial population and increased endorsements from celebrities. Thus, retail pharmacies, drug stores, clinics, and online stores are expected to support the growth of the lip augmentation market during the forecast period.
By End-Use
The end-user segment is categorized into hospitals, ambulatory surgical centers, office-based clinics, and spas/beauty clinics. The hospital segment held the largest share in the lip augmentation market. The growing number of cosmetic surgeries, availability of skilled surgical professionals, and access to advanced medical devices and instruments are key factors fueling the hospital segment’s growth. The factors such as favorable compensation policies combined with increased expenditure on medical infrastructure are anticipated to boost the growth of the hospitals’ segment during the projected period. Additionally, lip filler treatments are easily available in spas or beauty clinics at lower costs due to the involvement of non-invasive procedures. Thus, spas/beauty clinics, ambulatory surgical centers, and office-based clinics are also expected to support the market growth in the forecast period.
By Region
The regional segment includes Asia Pacific, Europe, North America, Middle East, and Africa, Latin America. In 2020, North America had the largest revenue share of over 35.8% and is expected to grow throughout the projected period. The factors such as rising research and development studies for reducing cosmetic surgery risks increased adoption of new technology, and growing customer awareness are expected to contribute to the augmented growth of the lip augmentation market. Additionally, the increasing need for perfecting the appearance through changes in physical characteristics is expected to boost the growth of the lip augmentation market in the North American region.
The Asia Pacific is also expected to contribute the largest market share to the lip augmentation market during the forecast period. The factors such as rising awareness about the benefits of lip fillers, increased need for perfecting the physical appearance, and higher expenditure on aesthetic non-surgical procedures are expected to fuel the lip augmentation market growth in the Asia Pacific region.
Lip Augmentation Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), product innovation, various business strategies, and Application launches have accelerated the growth of the Sample Preparation market. Key players in the market include-
- Laboratories Vivacy SaS
- Teoxane Laboratories
- Allergan
- Galderma
- Merz Pharma
- Suneva Medical
- Sinclair Pharma
- Cynosure, LLC.
- Integra LifeSciences
- Bioha Laboratories
Table of Content
- Introduction
- Market Introduction
- Market Research Methodology
- Research Process
- Primary Research
- Secondary Research
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Limitations of the Study
- Product Picture of Lip Augmentation
- Global Lip Augmentation Market: Classification
- Geographic Scope
- Years Considered for the Study
- Research Methodology in brief
- Parent Market Overview
- Overall Lip Augmentation Market Regional Demand
- Research Programs/Design
- Market Breakdown and Data Triangulation Approach
- Data Source
- Secondary Sources
- Primary Sources
- Primary Interviews
- Average primary breakdown ratio
- Market Dynamics
- Drivers
- Drivers
- Restraints
- Restraints
- Opportunity
- Impact forces on market dynamics
- Impact forces during the forecast years
- Industry Value Chain
- Upstream analysis
- Downstream analysis
- Distribution Channel
- Direct Channel
- Indirect Channel
- Potential Customers
- Manufacturing/Operational Cost Analysis
- Pricing Analysis by Region
- Key Technology Landscape
- Regulatory Analysis
- Porter’s Analysis
- Supplier Power
- Buyer Power
- Substitution Threat
- Threat from New Entry
- Competitive Rivalry
- PESTEL Analysis
- Political Factors
- Economic Factor
- Social Factors
- Technological Factor
- Environmental Factors
- Legal Factor
- Covid-19 impact on Global Economy
- Covid-19 impact on Lip Augmentation demand
- Post-Covid Impact on Lip Augmentation Market Demand
- Impact Analysis of Russia-Ukraine Conflict
- Drivers
- Global Lip Augmentation Market Segmentation, by Volume (Unit) & Revenue (USD Billion), (2022-2030)
- By Type
- Permanent
- Temporary
- By Product Type
- Hyaluronic acid fillers
- Fat Injection or Lipoinjection
- Poly-L-Lactic Acid Fillers,
- Lip Collagen
- Others
- By Distribution Channel
- Hospital pharmacies
- Clinics
- Retail pharmacies
- Drug stores
- Online pharmacies
- Others
- By End-use
- Hospitals
- Ambulatory Surgical Centers
- Office Based Clinics
- Spas/Beauty Clinics
- Others
- By Type
- Global Lip Augmentation Market Overview, By Region
- North America Lip Augmentation Market Volume (Unit) & Revenue (USD Billion), by Countries, (2022-2030)
- US
- By Type
- By Product Type
- By Distribution Channel
- By End Use
- Canada
- Mexico
- US
- Europe Lip Augmentation Market Volume (Unit) & Revenue (USD Billion), by Countries, (2022-2030)
- France
- UK
- Spain
- Russia
- Italy
- BENELUX
- Asia Pacific Lip Augmentation Market Volume (Unit) & Revenue (USD Billion), by Countries, (2022-2030)
- China
- Japan
- Australia
- South Korea
- India
- ASEAN
- North America Lip Augmentation Market Volume (Unit) & Revenue (USD Billion), by Countries, (2022-2030)
- Latin America Lip Augmentation Market Volume (Unit) & Revenue (USD Billion), by Countries, (2022-2030)
- Brazil
- Argentina
- Chile
- Middle East and Africa Lip Augmentation Market Volume (Unit) & Revenue (USD Billion), by Countries, (2022-2030)
- GCC
- Turkey
- South Africa
- Global Lip Augmentation Market Revenue: Competitive Analysis, 2021
- Key strategies by players
- Revenue (USD Billion and %), By manufacturers, 2021
- Player Positioning by Market Players, 2021
- Competitive Analysis
- Laboratories Vivacy SaS
- Business Overview
- Business Financials (USD Billion)
- Product Category, Type, and Specification
- Main Business/Business Overview
- Geographical Analysis
- Recent Development
- Swot Analysis
- Teoxane Laboratories
- Allergan
- Galderma
- Merz Pharma
- Suneva Medical
- Sinclair Pharma
- Cynosure, LLC.
- Integra LifeSciences
- Bioha Laboratories
- Laboratories Vivacy SaS
- Market Research Findings & Conclusion
Disclaimer
Research Methodology
The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.