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Skin Booster Market 2024 Size, Share Analysis And Forecast 2033
Skin Booster Market
The skin booster market size is expected to see strong growth in the next few years. It will grow to $1.72 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to rising demand for non-invasive procedures, targeted and customized solutions, digitalization in beauty industry, aging population demands, rising beauty consciousness. Major trends in the forecast period include ai enabled natural and clean beauty, hydration focus, customized solutions, product innovation.
Market Overview -
Skin boosters are injectables that improve elasticity, skin texture, and moisture by injecting hyaluronic acid (HA), a gel-like material under the skin that improves firmness, brightness, and overall skin quality. It is used to stimulate collagen production, resulting in firmer, younger-looking skin by minimizing fine lines and wrinkles.
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How Wrinkle Treatment Fuels The Ascendancy Of The Skin Booster Market
The demand for wrinkle treatment is expected to propel the growth of the skin booster market going forward. Wrinkle treatment refers to the treatment provided to creases, folds, or ridges in the skin using creams, laser therapy, Botox, and others to help reduce the appearance of wrinkles to enhance beauty. Skin boosters are commonly used in wrinkle treatment where hyaluronic acid is injected skin to improve skin texture, elasticity, and moisture by enhancing hydration and volume of skin and helping in creating a more youthful appearance. For instance, in 2020according to the report published by the American Society of Plastic Surgeons, around 811,000 Botox operations, a procedure used to reduce wrinkles, were performed on adults in their 30s, accounting for nearly 18% of the national total. Therefore, the demand for wrinkle treatment is driving the growth of the skin booster market.
Competitive Landscape -
Major companies operating in the skin booster market report are Allergan plc, Galderma S.A., Merz Pharmaceuticals GmbH, Bloomage BioTechnology Corporation Limited, Teoxane Laboratories, Filorga, Professional Derma SA, IBSA Group, Lemonbottle SA, Fox Group International, Sinclair Pharma, BioScience GmbH, Vivacy Laboratories, SciVision Biotech Inc., Prollenium Medical Technologies Inc., MD Skin Solutions, Cytocare International, Cellfill SA, BCN Medical Institute, Hymagic Corporation, Skin Tech Pharma Group, Regenyal Laboratories LLC, Bioxis Pharmaceuticals Inc., Aqtis Medical Inc., Q-Med AB, Luminera Derm, Suneva Medical Inc., Polymekon Incorporated, Fidia Farmaceutici S.p.A., Aesthetic Dermal LLC, Genyal Global
Innovative Technological Advancements Shaping The Skin Booster Market Landscape
Technological advancement is a key trend gaining popularity in the skin booster market. Major companies operating in the skin boosters market are more focused on developing product innovations to sustain their position in the market. For instance, in February 2023, The Beauty Health Company, a US-based personal care company partnered with Omorovicza, a Hungry-based skin care company, advanced skin renewal booster with patented healing concentrate for a more youthful complexion. The Healing Concentrate is blended with other necessary components before being given using HydraFacial's proprietary magic wand handpiece and vortex fusion technology, allowing the contents to permeate the skin. The Hydrafacial x Omorovicza formula contains the following key ingredients such as retinol and vitamin C, hyaluronic acid and niacinamide, amino acids, and arabinogalactan.
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Key Segments -
The skin booster market covered in this report is segmented -
1) By Type: Mesotherapy, Micro-Needle
2) By Gender: Male, Female
3) By End-Use: Dermatology Clinics, MedSpa
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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