Exploring the Dynamic Landscape of Mesotherapy Market, Analysing Market Size Valued at USD 0.56 Billion with a Promising CAGR of 12.48% Projected During the Extended Forecast Period from 2023 to 2030

Market Overview:

Mesotherapy Market size was valued at USD 0.22 billion in 2022. The Mesotherapy Market is projected to grow from USD 0.24 billion in 2023 to USD 0.56 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.48% during the forecast period (2023 - 2030). Mesotherapy, a minimally invasive cosmetic procedure involving the injection of various substances into the skin, has gained immense popularity in recent years. Initially developed in France in the 1950s, mesotherapy has evolved into a versatile treatment modality for skin rejuvenation, hair restoration, and fat reduction. The market for mesotherapy is driven by the growing demand for non-surgical aesthetic procedures, advancements in technology, and increasing consumer awareness about skincare.

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As of recent assessments, the global mesotherapy market is experiencing steady growth, propelled by factors such as rising disposable income, changing lifestyle patterns, and the desire for youthful appearance across different age groups. Moreover, the availability of innovative mesotherapy products and the expanding applications of this technique in dermatology and cosmetic surgery further contribute to market expansion.

Competitive Landscape:

The mesotherapy market features a competitive landscape with several established players and emerging companies vying for market share.

Key Companies in the Mesotherapy Market includes.

FILORGA (France)

Mesoskinline (Denmark)

Koru Pharmaceuticals Co., LTD. (South Korea)

Fusion Meso (Spain)

Toskani Cosmetics (Spain)

AbbVie Inc. (US)

Dermoaroma (Italy)

Galderma Laboratories, L.P. (Switzerland)

Messoessence (Spain)

Institute BCN (Spain)

Others

Market Segmentation:

The global mesotherapy market has been segmented based on product, application, and end user.

On the basis of product, the mesotherapy market is segmented into mesotherapy solutions, mesotherapy masks, mesotherapy creams, mesotherapy devices, and others. The mesotherapy solutions segment accounted for the largest market share of over 30% in 2022, and the mesotherapy devices segment is anticipated to be the fastest-growing for the forecast period of 2023-2030. The wide range of applications, such helping in the preservation of a youthful glow, and hydration of the skin, are burgeoning the segment's growth.

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Based on application, the mesotherapy market is segmented into anti-ageing, facial rejuvenation, stretch marks, acne & scar treatment, fat loss, hair loss, and others. The anti-ageing segment accounted for the largest share in 2022, and facial rejuvenation is the fastest-growing segment during the forecast period. The strong presence of pipeline products, as well as the increasing approval for laser-based therapy to treat hair loss conditions, are expected to drive growth. For instance, according to the International Society of Hair Restoration Surgery (ISHRS), Europe experienced the highest growth in surgical hair restoration procedures in 2019, with nearly 106,949 procedures performed, a 35% increase from 2016.

The mesotherapy market, based on end user, is segmented into hospitals, dermatology clinics, and others. The dermatology clinics segment accounted for the largest market with a market share of 66.48% in 2022. The increased awareness and use of mesotherapy are increasing the number of professionals and practices that offer mesotherapy services. Rising affordability and shorter outpatient procedures have resulted in increased use of solo practices, resulting in an increase in the number of dermatology clinics.

Market USP:

The unique selling proposition (USP) of the mesotherapy market lies in its ability to offer minimally invasive aesthetic solutions with customizable treatment options. Unlike surgical procedures, mesotherapy involves minimal downtime, reduced risk of complications, and shorter recovery periods, making it appealing to a wide range of patients seeking cosmetic enhancements. Additionally, the versatility of mesotherapy allows for targeted treatment of specific skin concerns, thereby enhancing patient satisfaction and treatment outcomes.

Moreover, the integration of advanced technologies such as microneedling devices, ultrasound guidance, and computer-assisted injection systems further enhances the precision and efficacy of mesotherapy procedures, driving market growth. The growing trend towards personalized skincare regimens and the demand for natural, bioactive ingredients also contribute to the market's USP, as mesotherapy formulations can be tailored to individual patient needs and preferences.

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Regional Insights:

The global mesotherapy market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa. The North America further includes US and Canada. The Europe includes countries namely Germany, France, UK, Italy, Spain, and Rest of Europe. The mesotherapy market in Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific. Moreover, the Rest of the World comprises of Middle East, Africa, and Latin America.

The growing elderly population and rising per capita expenditure is also helping to grow the mesotherapy market in North America. For instance, according to the American Society of Plastic Surgeons (ASPS), the geriatric population accounts for the largest share of the age group that undergoes cosmetic surgeries. Thus, the growing geriatric population drives the demand for mesotherapy in the North America region.

Europe has the second-largest market share due to rising healthcare expenditure, increased company activities, and government initiatives in developing effective mesotherapy products for cellulite, excess weight, body contouring, and face and neck rejuvenation. For instance, according to the Eurostat database, healthcare expenditure was USD 1,225,576.3 million, or 8.0% of GDP, in 2020.

Asia-Pacific is anticipated to register the highest growth rate over the forecast period due to the growing demand for aesthetic procedures. According to the International Society of Aesthetic Plastic Surgery (ISAPS)'s global survey 2020, out of the top 10 countries for medical cosmetic procedures, two of the countries belonged to this region, which were Japan and India in the fourth and tenth places, respectively. Moreover, the rising old-age population in this region is expected to boost mesotherapy over the period in the Asia-Pacific.

The rest of the world mesotherapy market is segmented into major regions, namely the Middle East, Africa, and Latin America. A majority of the market within this region is estimated to be held by Latin America and the Middle East. According to the International Society of Aesthetic Plastic Surgery (ISAPS), in 2020, Brazil accounted for about 622,396 nonsurgical cosmetic procedures.

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