How is Rising Incidence of Skin Diseases Fuelling Growth of Middle Eastern Dermal Fillers Market?

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The soaring geriatric population is one of the major factors propelling the demand for dermal fillers in the Middle East, owing to the fact that with increasing age, the body starts registering reduction in glandular and vascular tissues and loss of fibrous tissue. As per the United Nations Department of Economic and Social Affairs (UNDESA), the share of the people aged 60 years and above in Saudi Arabia is expected to be 25% of the total population of the country by the end of 2050.

Driven by the above-mentioned factors, the value of the Middle Eastern dermal fillers market is expected to rise from $34.3 million to $67.7 million from 2017 to 2023. The market is set to advance at an 11.9% CAGR during the forecast period (2018–2023). There are multiple types of dermal fillers available in the market — hyaluronic acid-based, synthetic polymer-based, hydroxylapatite-based, and collagen-based fillers. Amongst these, hyaluronic acid-based fillers are expected to record the fastest growth in utilization in the various Middle Eastern countries during the forecast period, as they hydrate the skin and raise the skin volume by attracting water.

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The major trends currently being witnessed in the Middle Eastern dermal fillers market are the burgeoning adoption of lip augmentation procedures, increasing number of product launches in the region, and the increasing popularity of minimally invasive cosmetic surgeries. Hyaluronic acid-based lip fillers are commonly used for lip augmentation procedures. This filler is a clear and biodegradable substance and it is normally produced by the human body. Due to the flourishing medical tourism industry in the Middle East region, a large number of people travel to this region for lip augmentation procedures and plastic surgeries.

Therefore, it can be said without any hesitation that owing to the rising incidence of skin diseases and ailments and the mushrooming geriatric population, the demand for dermal fillers will shoot-up in the region in the coming years.