Facial Fat Transfer Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 10.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Facial Fat Transfer Market Analysis
The Facial Fat Transfer Market is expected to register a CAGR of 10.7% during the forecast period. The market is majorly driven by the increasing number of aesthetic procedures across the globe and the rapidly growing geriatric population.
COVID-19 has affected the market studied significantly during the year 2020 as a result of the lockdown and restrictions on non-emergency procedures. Aesthetics is one of the industries which was severely affected due to the pandemic. As per the report published by the International Society of Plastic Surgeons (ISAPS) 2020, there was approximately a 10.9% reduction in the number of aesthetic surgical procedures worldwide. Low-to-middle-income countries were severely affected in terms of aesthetic surgeries during the pandemic whereas high-income countries carried out few procedures depending upon the situation of covid infection. As per the article published in March 2021 titled, 'The impact of COVID-19 on Aesthetics Industry,' it is observed that demand for home-based aesthetic devices during the pandemic was higher and hospital/clinic visits were reduced drastically. Hence, it is believed that the COVID-19 pandemic has affected the market studied significantly.
As per the 2020 report published by the International Society of Plastic Surgeons (ISAPS), there were around 515,819 facial fat grafting procedures performed in the year 2020 worldwide, and there were around 419,046 facelifts were performed across the globe. This high number of facial aesthetic procedures indicates that the market studied is growing significantly. The total number of surgical procedures performed globally was 10,129,528. With the high number of procedures being performed and the increasing preference of the general population to opt for aesthetic surgeries for better appearance, the market is expected to witness strong growth over the forecast period.
Facial Fat Transfer Market Trends
This section covers the major market trends shaping the Facial Fat Transfer Market according to our research experts:
Hospital Segment is Expected to Hold a Significant Market Share in the Facial Fat Transfer Market
The increasing number of hospitals and healthcare expenditures is expected to be a major factor to drive this particular segment. For instance, as of the year 2021, in the United States, there were around 5,198 community hospitals according to the American Hospital Association 2022 survey. Similarly, as per the data from IDR Medical GmBH published in 2022, there are about 1,914 hospitals in Germany. Most of these are public (including some large university hospitals) and have less than 500 beds.
The healthcare systems in the developed countries are majorly focused on the public hospitals that provide multispecialty which enables a broad portfolio of services provided to the patients. However, even private hospitals are becoming the center of attraction for people across developing and developed nations as high-quality treatments are being offered in private hospitals at a comparatively high cost than in public hospitals. As far as the facial fat transfer procedure is concerned, it is mainly carried out in private hospitals.
Furthermore, the presence of skilled professionals is also expected to influence positively on the market. For instance, in 2020, there were around 7,000 plastic surgeons in the United States and approximately 55% of them performed facial fat transfer, according to the data of the International Society of Aesthetic Plastic Surgery 2020. Hence, with the all above-mentioned factors, it is observed that the hospital segment is expected to witness strong growth over the forecast period.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to hold a major market share in the global facial fat transfer market due to the growing number of the aging population and cosmetic surgeries related to the face. In the North American region, the United States is one of the well-established markets for aesthetic devices. The presence of the key market players, the rising number of aesthetic/cosmetic procedures, and the high adoption of minimally-invasive procedures are the primary factors driving the market growth. According to the 2020 Plastic Surgery Statistics Report by the American Society of Plastic Surgeons, 15.6 million cosmetic procedures and 6.8 million reconstructive procedures were performed in the United States in the year 2020. The report indicated that around USD 16.7 billion was spent on cosmetic procedures in the United States.
The other factor contributing to the growth of the market studied is the increasing older population in the nation. The Population Reference Bureau in its report on Aging in the United States published in December 2021 indicated that more than 55 million people living in the United States were above the age of 65 years. The rise in the aging population in the United States is expected to add to the market growth over the forecast period.Moreover, there has been increased shift toward the minimally-invasive procedures in the United States as they have less pain and time after the procedures. Hence, owing to the above-mentioned factors market is expected to grow exponentially.
Facial Fat Transfer Industry Overview
The market for facial fat transfer is moderately competitive with the presence of global companies. Companies are taking initiatives to develop products related to facial fat transfer which is expected to fuel the facial fat transfer market growth. Some of the companies that are related to facial fat transfer are Cytori Therapeutics Inc., Medikan International Inc., Allergan Plc, Ranfac Corp., Alma Lasers, Medinordic, DMS Biotech, Anthony Products, Inc., Microaire Surgical Instruments Inc., and Human Med AG
Facial Fat Transfer Market Leaders
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Allergan Plc
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Ranfac Corp.
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Human Med AG
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Medikan International Inc.
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Cytori Therapeutics Inc.
*Disclaimer: Major Players sorted in no particular order
Facial Fat Transfer Market News
- In March 2022, Zoriox Innovation Labs, an Indian medical device company launched Patient-Specific Implants for facial reconstruction using 3D printing technology.
- In January 2022, Japan External Trade Organization organized the 'ESTHEC JAPAN 2022 - 2nd INT'L AESTHETIC MEDICINE & BEAUTY EXPO' in which the commercial beauty equipment (Facial equipment, Body care equipment/slimming machine, Hair loss/removal machine), Aesthetic medical equipment, Home care beauty equipment was exhibited.
Facial Fat Transfer Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Number of Cosmetic Procedures
4.2.2 Growing Ageing Population
4.3 Market Restraints
4.3.1 Presence of Alternative Fillers
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size - Value in USD million)
5.1 By Donor Site
5.1.1 Abdomen
5.1.2 Thigh
5.1.3 Others
5.2 By End User
5.2.1 Hospitals
5.2.2 Clinics & Surgical Centres
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle-East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Allergan Plc
6.1.2 Alma Lasers
6.1.3 ANTHONY PRODUCTS, INC.
6.1.4 Cytori Therapeutics Inc.
6.1.5 DMS Biotech
6.1.6 Human Med AG
6.1.7 Medinordic
6.1.8 Medikan International Inc.
6.1.9 Microaire Surgical Instruments Inc.
6.1.10 Ranfac Corp.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Facial Fat Transfer Industry Segmentation
Facial fat transfer refers to cosmetic surgery wherein fat is transferred from one part of the body to the other. The market is segmented By Donor Site (Abdomen, Thigh, Others), End User (Hospitals, Clinics & Surgical Centers), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
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| Abdomen | |
| Thigh | |
| Others |
| By End User | |
| Hospitals | |
| Clinics & Surgical Centres |
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Facial Fat Transfer Market Research FAQs
What is the current Global Facial Fat Transfer Market size?
The Global Facial Fat Transfer Market is projected to register a CAGR of 10.70% during the forecast period (2024-2029)
Who are the key players in Global Facial Fat Transfer Market?
Allergan Plc , Ranfac Corp. , Human Med AG , Medikan International Inc. and Cytori Therapeutics Inc. are the major companies operating in the Global Facial Fat Transfer Market.
Which is the fastest growing region in Global Facial Fat Transfer Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Facial Fat Transfer Market?
In 2024, the North America accounts for the largest market share in Global Facial Fat Transfer Market.
What years does this Global Facial Fat Transfer Market cover?
The report covers the Global Facial Fat Transfer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Facial Fat Transfer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Facial Fat Transfer Industry Report
Statistics for the 2023 Facial Fat Transfer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Facial Fat Transfer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
