Market Size of Global Facial Fat Transfer Industry
| 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.
