The latest market report published by Credence Research, Inc. “Cosmetic Threads Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global cosmetic threads market was valued at US$ 72.2 Mn in 2017 expanding at a CAGR of 6.9% from 2018 to 2026.
Browse the full report at: https://www.credenceresearch.com/report/cosmetic-threads-market
Cosmetic threads resemble medical sutures that are injected under the skin using needles to rejuvenate and lift the skin. Cosmetic tread lifting provides alternative to surgical facelift as it is less painful, incurs less recovery time and cost-effective. Cosmetic threads are temporary procedures often lasting up to 2 years and necessitate repeat procedures life dermal fillers or Botulinum Toxin-A injectable; therefore proving as minimally invasive technique as compared to surgical facelift. Another property that makes thread lifting technique unique is that it is approved for wide application than traditional facial surgeries. Cosmetic threads can is opted for ptosis (sagging) of the neck, face, stomach, arm, jowls, and other parts of the body. Advancement of medical device technology is aesthetic and cosmetic market space coupled with consumer demand for minimally or non-invasive anti-aging techniques are the prime factors driving the cosmetic threads market globally. Better patient outcomes is boosting the use of cosmetic threads in the population between age of 30 to 60 positioning it as a viable technique in cosmetic industry alongside dermal fillers and Botulinum Toxin injections. Originally, the threads used for cosmetic thread lift were permanent medical grade sutures; however, with rigorous R&D and technology development, the newest threads used are dissolvable.
In terms of material type, polydioxanone (PDO) threads held the largest share in the global cosmetic threads market in 2017. The PDO threads are absorbable in nature are have been used in surgical application since years due to its greater pliability and strength compared to monofilament threads. PDO threads are absorbed by hydrolysis process in the body during the span of 6 to 8 months encouraging a low-order tissue response and collagen production. Moreover, PDO threads can be used for face lifting as well as other part of the body including those body parts affected due to obesity by tightening and lifting the sagging skin.
In terms of geography, Europe held the largest share in the global cosmetic threads market due to rising consumer demand for non-invasive cosmetic surgeries, especially cosmetic threads. Moreover, Europe was pioneer in approving and using cosmetic threads for cosmetic and aesthetic surgeries in the world. U.K. held the largest market in Europe due to presence of number of market players operating in the market in the country. Asia Pacific also held a comprehensive market share due to awareness and consumer demand of cosmetic threads in the region, especially in countries such as South Korea, Japan, Thailand and China. Moreover, favorable government policies to manufacture and sale of cosmetic threads will further drive the market in the Asia Pacific. North America is projected as the fastest growing region in the global cosmetic threads market as the region is in the infancy stage and high demand of non-invasive cosmetic procedures. Post approval of first cosmetic thread in 2015, U.S. Food and Drug Administration has shown positive outlook for marketing and uptake of cosmetic threads in cosmetic industry. The prominent players actively participating in the cosmetic threads market Sinclair Pharma, Aptos International Ltd., Healux Corporation, Aesthetic Experts Lab, Gold Thread LLC, 1st SurgiConcept, Hansbiomed Co. Ltd., Intraline among others.
Key Market Movements:
- Growing consumer inclination towards non-invasive cosmetic surgeries and facial lifts
- Low pain associated with cosmetic threads procedures and less cost of the treatment as compared to traditional surgical facelift
- Growing number of clinics and cosmetic surgery hospitals coming up with cosmetic threads procedures in the U.S.