Skin Boosters Market

Global Skin Boosters Market Research Report: By Type (Mesotherapy, Micro-needle), By Gender (Female, Male), By End-use (Dermatology Clinics, MedSpa), and Region (North America, Europe, Asia-Pacific, and Rest of the World) Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis, Competitor Analysis and Forecast 2023-2031.

Pharma & Healthcare | December 2023 | Report ID: EMR00310 | Pages: 301

The global skin boosters market was valued at USD 1.07 billion in 2022 and is estimated to reach approximately USD 2.65 billion by 2031, at a CAGR of 10.6% from 2023 to 2031.

 

Skin boosters are a ground-breaking development in dermatology that provide a non-invasive way to revive and renew the skin. These boosters, which are hyaluronic acid, vitamin, and antioxidant combinations that profoundly hydrate and nourish the skin from within, were first introduced as a cutting-edge treatment. They were first made popular in the early 2000s, and their capacity to enhance the texture, elasticity, and general can appearance of skin led to their rapid popularity. Skin boosters, which target specific skin issues with a more proactive and long-lasting approach, represent a substantial shift from typical skincare regimes. Their recipe increases the production of collagen, which results in smoother, firmer skin with less wrinkles and fine lines. People looking for a more youthful, natural look without intrusive procedures immediately became fans of this novel cosmetic surgery. Technology has improved these boosters throughout time, making them more powerful and adaptable for a range of skin types and issues. Skin boosters are a mainstay in the dermatology and beauty industries thanks to their minimum downtime and non-surgical nature. They provide a customized, outcome-driven approach for people who want to look younger and have more luminous skin.

 

 

 

SKIN BOOSTERS MARKET: REPORT SCOPE & SEGMENTATION

Report Attribute

Details

Estimated Market Value (2022)

1.07 Bn

Projected Market Value (2031)

2.65 Bn

Base Year

2022

Forecast Years

2023 - 2031

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- By Type, By Gender, By End Use, & Region

Segments Covered

By Type, By Gender, By End Use, & Region

Forecast Units

Value (USD Billion or Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2023 to 2031

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and the Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Global Skin Boosters Market Dynamics

The market for skin boosters has grown rapidly because to changes in customer tastes and developments in dermatological technology. The aging population, increased desire for minimally invasive procedures, and expanding awareness of skincare are some of the factors driving the market's growth. Skin boosters are becoming more and more popular due to consumer preference for non-surgical skin rejuvenation methods and natural-looking outcomes. Furthermore, these treatments' adaptability to a range of skin types and issues has increased their appeal to a wider range of populations. Advancements in technology, such as improved formulas and modes of administration, have expanded the market and provided more focused and efficient outcomes. Furthermore, the support that dermatologists and skincare experts have given to skin boosters has given consumers a sense of confidence and trust, which has fueled market expansion. An infusion of new competitors launching cutting-edge items has changed the competitive landscape of the market, encouraging more competitiveness and product diversification. Moreover, strategic alliances between healthcare organizations and skincare companies have increased market penetration, opening up skin boosters to a larger range of consumers. Because of this, the market for skin boosters is expanding rapidly and is well-positioned to benefit from consumers' continued desire for youthful, glowing skin as well as their continued need for non-invasive skincare products.

 

Global Skin Boosters Market Drivers

  • Rising Demand for Non-Invasive Procedures

Patients give preference to therapies that produce outcomes without requiring extensive recovery time or invasive surgery. There are other reasons for this increase in demand. First of all, people are looking for less invasive but still efficient solutions to improve their looks and preserve skin health as a result of a societal trend toward wellness and self-care. This trend is well suited for non-invasive procedures like skin boosters, which provide a compromise between rigorous treatments and skincare regimens. Furthermore, worries regarding the effectiveness of non-invasive procedures have been allayed by the enormous improvements in safety and efficacy brought about by technological and procedural developments. These treatments' popularity is also influenced by their faster recovery times and lower risk of complications. In addition, the democratization of beauty standards and the widespread use of social media have increased people's awareness of aesthetics, prompting them to hunt for minimally invasive procedures that yield results that seem natural. A fundamental shift in consumer tastes has resulted in an increase in demand for non-invasive procedures such as skin boosters. These procedures emphasize convenience, safety, and accomplishing cosmetic goals with minimal disturbance to daily life.

  • Aging Population and Anti-Aging Solutions

The urge to reduce outward indications of aging and preserve youthful skin has increased as a larger portion of the population enters middle and older age brackets. The emphasis on active and healthy aging in culture is reflected in this demographic trend, which goes beyond simple age differences. The need to keep one's appearance young grows stronger as individuals live longer and in better health. Skin boosters, which are non-invasive treatments that improve skin hydration, elasticity, and texture while decreasing wrinkles and fine lines, are anti-aging remedies that meet this desire. These solutions are sought after by the aging population, not just for cosmetic reasons but also to boost confidence and self-esteem, allowing them to feel more in tune with their youthful vigor and energy. Furthermore, more advanced anti-aging treatments have been developed as a result of developments in dermatological science and medical research. As a result, customers now have greater faith in the efficacy and security of these solutions, which encourages the older population to embrace them.

 

Restraints:

  • High Treatment Costs

A significant portion of potential customers are discouraged by this financial barrier. For best effects, skin booster treatments frequently require several sessions, which limits accessibility because the total cost can be too high for many people. The cost is not limited to the operation; it also includes consultations, aftercare products, and any follow-up maintenance appointments, which increases the overall cost. Furthermore, cost becomes a major issue, especially when these procedures are classified as elective cosmetic procedures and aren't covered by health insurance programs. Because of their financial situation, a significant segment of the population is not able to obtain these therapies because of this classification. Potential candidates can be discouraged from pursuing skin booster procedures despite their enthusiasm or necessity due to the hefty expenses involved. Inequalities in the distribution of benefits are also a result of the difference in financial accessibility, which makes it possible for people with more resources to obtain these procedures more easily, upholding social injustices and beauty standards. In order to address the cost issue and lower the financial barrier to skin booster treatments for a wider range of people, creative pricing strategies, financial aid programs, or expanding the scope of insurance coverage for these procedures could all be used.

  • Potential Side Effects and Safety Concerns

Although these therapies are thought to be safe overall, there is a small chance of unfavorable side effects such redness, swelling, bruises, or infection. People can be discouraged from pursuing skin booster procedures if they believe the risks exceed the benefits due to their concern of these negative effects. Furthermore, a lack of thorough long-term research on the long-term impacts of repeated treatments can cause customers to become more skeptical about the long-term safety and effectiveness of these procedures. Consumer trust can be further impacted by uncertainty about the long-term effects of specific formulations or processes due to their relative novelty. Even if negative comments are rare, they could have a big impact on how the market is perceived and how trustworthy people are. Such occurrences could raise more questions than they answer, which could make prospective candidates less willing to apply. Thorough education of the safety profiles of skin boosters, open communication regarding possible dangers, and ongoing research to confirm the long-term safety data are necessary to address these concerns.

 

Opportunities:

  • Technological Advancements and Innovations

New advances in skincare technology are made possible by ongoing research and development into formulations, delivery systems, and treatment modalities. These developments result in the development of more advanced and focused skin booster products that address a wider variety of skin issues and kinds. More powerful and long-lasting benefits are provided by sophisticated formulations with innovative chemicals, such as enhanced hyaluronic acid variations or synergistic mixes with growth factors and peptides. Additionally, improved penetration and dispersion of active substances are made possible by cutting-edge injection techniques or microneedling devices, which improve therapy outcomes. Furthermore, advances in technology provide customized skincare solutions that can be based on a person's genetic makeup and specific demands. In addition to enhancing performance, this personalization also improves the whole customer experience, satisfying the growing desire for customized beauty treatments. The opportunity is in improving current goods in order to achieve greater effectiveness, safety, and patient satisfaction as well as in developing new ones.

  • Targeted Solutions for Specific Skin Concerns

Advances in the field of dermatology have facilitated the creation of customized skin booster formulas that target specific issues like acne, hyperpigmentation, sensitivity, or uneven texture. This focused strategy appeals greatly to customers looking for practical remedies that specifically address their particular skin problems. These specialty skin boosters can provide more concentrated and potent formulations that target specific issues, maximizing their effectiveness for specific skin disorders. Formulations that incorporate particular vitamins, botanical extracts, or peptides, for example, can be used to successfully address hyperpigmentation or to promote moisture for skin types that are dry or sensitive. Furthermore, the chance is in integrating various functions into a single treatment, taking care of different issues at once. In addition to addressing a primary need, advanced formulations can be created to offer ancillary advantages like anti-aging or environmental protection.  This strategy not only satisfies the growing need for customized skincare products but also cultivates customer loyalty and trust by producing noticeable and customized outcomes.

 

Segment Overview

By Type

Based on type, the global skin boosters market is divided into mesotherapy, micro-needle. The mesotherapy category dominates the market with the largest revenue share in 2022. Mesotherapy involves the injection of vitamins, minerals, hyaluronic acid, and other active ingredients directly into the mesoderm, the middle layer of the skin. This technique aims to rejuvenate and nourish the skin by delivering these substances directly where they can have a more significant impact. Mesotherapy injections are typically administered using a fine needle or a series of tiny injections across the treated area. The treatment is known for its ability to hydrate the skin, improve elasticity, and address minor imperfections. Micro-needling, on the other hand, involves the use of a device equipped with fine needles that create microscopic punctures or channels in the skin's surface. These controlled injuries stimulate the skin's natural healing response, triggering collagen and elastin production. During or after the micro-needling process, topical serums or solutions, including hyaluronic acid or growth factors, can be applied. The micro-channels created by the needles allow these substances to penetrate deeper into the skin, enhancing their absorption and efficacy. Micro-needling is renowned for improving skin texture, reducing fine lines, scars, and promoting overall skin rejuvenation.

 

By Gender

Based on the gender, the global skin boosters market is categorized into female, male. The female category leads the global skin boosters market with the largest revenue share in 2022. The female segment encompasses a wide range of skincare products and treatments tailored specifically to address the diverse concerns women can have regarding their skin. This includes skin boosters designed to target issues such as aging signs, dryness, hyperpigmentation, uneven texture, or acne. Female-oriented skin boosters often focus on hydration, collagen stimulation, and rejuvenation, aiming to achieve smoother, firmer, and more radiant skin. The male segment of the skin boosters market acknowledges that men also have unique skincare requirements. Products and treatments within this category cater to concerns commonly experienced by men, such as razor burn, ingrown hairs, rough texture, and signs of aging. Skin boosters designed for men might emphasize factors like oil control, after-shave care, and treatments that promote collagen production and combat the effects of environmental stressors.

 

By End-Use

Based on end-use, the global skin boosters market is segmented into dermatology clinics, medspas. The medspas segment dominates the skin boosters market. Medspas, also known as medical spas, combine aspects of traditional spas with medical procedures under the supervision of licensed healthcare professionals. They offer a relaxing spa-like environment while providing various cosmetic treatments, including skin boosters, injectables, facials, and non-invasive procedures. Unlike dermatology clinics, medspas might not always have a physician on-site, but treatments are performed by trained aestheticians, nurses, or practitioners under the guidance of a medical director. Dermatology clinics are medical facilities primarily focused on diagnosing and treating skin-related conditions. These clinics are typically run by dermatologists, medical doctors specializing in skincare. Dermatology clinics offer a comprehensive range of skincare services, including skin examinations, medical treatments for various skin conditions, and cosmetic procedures like skin boosters. Patients visiting dermatology clinics often seek treatments for specific skin concerns, whether medical or cosmetic in nature.

 

Global Skin Boosters Market Overview by Region

The global skin boosters market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World. North America emerged as the leading region, capturing the largest market share in 2022. The region has a thriving market for skin boosters because of its sophisticated healthcare system and attention on skincare and cosmetic procedures. The population's growing emphasis on wellness and appearances has led to an increase in demand for non-invasive cosmetic procedures, especially in the United States and Canada. Furthermore, North America has been at the forefront of skincare improvements due to a culture that values innovation and technical advancements. The area is home to a thriving research and development industry that is constantly bringing innovative formulations and delivery methods to the market, improving the efficacy and security of skin boosters. The large level of disposable income in North American populations is another motivating factor, as it makes these treatments more accessible to a greater number of people. Further propelling the market's expansion have been extensive awareness efforts, celebrity endorsements, and social media impact. These factors have helped to normalize and become popular cosmetic operations. In addition, the existence of an extensive network of medspas, dermatological clinics, and skincare specialists in urban areas has made skin booster treatments more easily accessible. Together, these elements foster an atmosphere that supports the market expansion for skin boosters and strengthens North America's standing as a global leader in the cosmetic skincare sector.

 

 

 

Global Skin Boosters Market Competitive Landscape

In the global skin boosters market, a few major players exert significant market dominance and have established a strong regional presence. These leading companies remain committed to continuous research and development endeavors and actively engage in strategic growth initiatives, including product development, launches, joint ventures, and partnerships. By pursuing these strategies, these companies aim to strengthen their market position, expand their customer base, and capture a substantial share of the market.

Some of the prominent players in the global skin boosters market include Allergan Plc; Gladerma; Merz Aesthetics; Bloomage Biotechnology; Teoxanne; Filorga; Professional Derma SA; IBSA - InstituteBiochemical SA (IBSA Derma), and various other key players.

 

Global Skin Boosters Market Recent Developments

In June 2021, Skinboosters are the newest class of hyaluronan (HA) hydrogels to be made available for cosmetic use. Unlike the gels that were first produced, these are meant to be injected more superficially, with the promise of hydrating the skin and can be inducing biochemical effects instead of the typical volumetric action.

 

Skin Boosters Market Report Segmentation

ATTRIBUTE

DETAILS

By Type

  • Mesotherapy
  • Micro-needle

By Gender

  • Female
  • Male

 

By End-Use

  • Dermatology Clinics
  • MedSpa

By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

  • Global Skin Boosters Market Size and Forecast:

To identify and estimate the market size for the global skin boosters market segmented by type, by gender, by end use, region and by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of skin boosters between 2019 and 2031.

  • Market Landscape and Trends:

To identify and infer the drivers, restraints, opportunities, and challenges for the global skin boosters market

  • Market Influencing Factors:

To find out the factors which are affecting the sales of skin boosters among consumers

  • Impact of COVID-19:

To identify and understand the various factors involved in the global skin boosters market affected by the pandemic

  • Company Profiling:

To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

  • Healthcare Professionals
  • Cosmetic Industry Professionals
  • Healthcare Institutions and Spas
  • Consumers
  • Governments, Associations, and Industrial Bodies
  • Investors and Trade Experts

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.  The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

Frequently Asked Questions

The global skin boosters market forecast period is 2023 - 2031.
According to skin boosters market research, the market is expected to grow at a CAGR of ~10.6% over the coming years.
Asia-Pacific is expected to register the highest CAGR during 2023 - 2031.
North America held the largest share in 2022.
The major players operating in the global skin boosters market include Allergan Plc; Gladerma; Merz Aesthetics; Bloomage Biotechnology; Teoxanne; Filorga; Professional Derma SA; IBSA - InstituteBiochemical SA (IBSA Derma), and various others.