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Growing Geriatric Population Drives Middle Eastern Dermal Fillers Market
Growth drivers such as rising geriatric population, growing awareness regarding age-related skin problems, escalating disposable income, and thriving medical tourism industry will propel the Middle Eastern dermal fillers market at a CAGR of 11.9% during 2018–2023 (forecast period).
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One of the key factors driving the Middle Eastern dermal fillers market growth is the rising awareness about age-related skin problems and scar treatment. The countries in the Middle East region, especially the U.A.E. experiences a sunny and very hot climate throughout the year, causing several skin disorders such as summer rash, sunburn, dry skin, and summer acne. These disorders require tissue fillers for their treatment, which, in turn, supplements the growth of the market.
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A boom in the geriatric population is another key factor that will facilitate the Middle Eastern dermal fillers market ...
... growth in the forecast period. Old age cause reduction in vascular and glandular tissues in different skin layers and is associated with loss of fibrous tissues. For the treatment of this disorder, elderly people need dermal fillers in large amount. According to the United Nations Department of Economic and Social Affairs (UNDESA), the total number of people aged 60 years and above in Saudi Arabia will reach 40 million by the end of 2050.
Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.
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