Skin Boosters Market Expected To Fuel Industry Growth With $2.1 Billion By 2030: Grand View Research Inc.
San
Francisco, 28 March 2024: The Report
Skin Boosters Market Size, Share & Trends Analysis
Report By Type (Mesotherapy, Micro-needle), By Gender (Female, Male), By
End-use (Dermatology Clinics, MedSpa), By Region, And Segment Forecasts, 2023 -
2030
The global skin boosters market size
is anticipated to reach USD 2.1 billion by 2030 to expand at a compound annual
growth rate (CAGR) of 9.6% from 2023 to 2030 according to the new report of
Grand View Research. Under this procedure wherein microinjections of
biocompatible compounds like hyaluronic acid, vitamins, minerals, and anti-oxidants,
etc. that are naturally produced by the body are injected into the epidermis or
mesoderm. Also, this simply helps aid in the hydration process, which is
fundamental for a youthful glow.
Unlike dermal fillers, skin boosters
are not for wrinkle reduction or augmentation, their role is to primarily
hydrate the skin and promote the formation of new collagen and elastin to give
the skin a firmer appearance. Factors like rising technological advancement in
aesthetics, rising disposable income, increasing aesthetic consciousness, and
the increasing geriatric population in the search for a natural glow are
propelling the market growth. According to Galderma, over five million
treatments of Restylane Skinboosters have been performed to date.
The demand is expected to propel
significantly due to the fact that it provides a natural glow without
distorting facial features or making them appear out of proportion. Growing
social media influence, high consciousness towards aesthetic appearance, and
its association with self-confidence and self-image by an individual are some
of the reasons for market growth.
In the light of COVID-19, the market
was hampered as the footfall of patient appointments for surgical treatments
was temporarily suspended. However, since the government in many countries has
allowed resuming elective aesthetic procedures the demand has been on the rise.
Moreover, according to the BBC network, inquiries and appointments for many
surgical and non-surgical cosmetic treatments have seen a surge following the
pandemic and are thus expected to propel market growth.
The desire to look youthful among the
millennials and rising consumption of aesthetic procedures by both men and
women, especially from the emerging economies are majorly estimated to drive
the market growth. However, the advent of the COVID-19 pandemic has hugely
affected the overall non-invasive aesthetic industry. Several dermatology
clinics have witnessed a boost in the number of future appointments and
consultations for different skin treatments, and this is expected to boost the
market growth.
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Skin Boosters
Market Report Highlights
- By type,
the Mesotherapy procedure held the largest market share in 2022
as the procedure has minimal downtime and the booster can be inserted
deeper for effective skin rejuvenation
- Based on
gender, the female segment held the highest market in 2022 share women are
more willing to undergo cosmetic treatment.
- Medspa market
held the highest market share in 2022. This is due to the fact that Medspa
provides aesthetic treatments under the supervision of a licensed medical
practitioner
- North America
leads the Skin Boosters market with the highest revenue share in 2022 as
the region has a high awareness of such procedures and there is high availability
of aesthetic professionals.
Skin
boosters are micro-injections of hyaluronic acid, vitamins, and minerals that
are injected into the epidermis to revitalize, hydrate, and rejuvenate the skin
for a natural glow. Skin Boosters do not contour or shape the facial structure
but can be used on the face, neck, hands, and décolletage. Skin booster
treatments restore hydro balance in the skin through the replenishment of
hyaluronic acid, resulting in more effective retention of moisture and bringing
firmness to the skin.
Skin Boosters Market Report Scope
Report
Attribute |
Details |
Market Size Value in 2023 |
USD 1.11 billion |
Market Size Value in 2030 |
USD 2.11 billion |
Growth Rate |
CAGR of 9.6% from 2023 to 2030 |
Base year for estimation |
2022 |
Actual estimates/Historical data |
2018 - 2021 |
Forecast period |
2023 - 2030 |
List of key
players of skin boosters market
- Allergan Plc
- Gladerma
- Merz Aesthetics
- Bloomage Biotechnology
- Teoxanne
- Filorga
- Professional Derma SA
- IBSA - InstituteBiochemical SA (IBSA
Derma)
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