PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1803317
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1803317
The skin booster market, valued at USD 1,291.9 million in 2024, is expected to grow at a compound annual growth rate (CAGR) of 10.1%, reaching USD 2,759 million by 2032. The increasing demand for skin rejuvenation, driven by aging populations, rising social media influence, and the preference for minimally invasive cosmetic procedures, is propelling this growth. Skin boosters, which are typically hyaluronic acid-based treatments that hydrate and revitalize the skin, are popular among those seeking non-surgical solutions to combat aging signs such as wrinkles, dryness, and dark spots.
As the global population ages, particularly individuals aged 45 and above, the need for skin treatments that restore a youthful complexion is rising. Social media platforms, where influencers and beauty bloggers promote aesthetic treatments, have also contributed to a surge in consumer interest. Additionally, regulatory approvals, such as FDA certifications for new products, further boost market credibility and demand, leading to continuous innovation in the sector.
Key Insights
Mesotherapy holds the largest share of the market (60%) in 2024 due to its flexibility and effectiveness. This treatment involves injecting a mixture of vitamins, minerals, and other skin-enhancing substances into the mesodermal layer, improving blood circulation and reducing inflammation, which is highly effective for skin rejuvenation.
Microneedling is the fastest-growing category, with a projected CAGR of 11.2%. This technique, which involves the use of fine needles to create micro-injuries in the skin, stimulates collagen production and enhances the absorption of skin-boosting agents. The increasing demand for innovative and non-invasive treatments is fueling the popularity of microneedling, especially when combined with laser and radiofrequency (RF) technologies.
Women represent the largest demographic in the skin booster market, holding 80% of the market share in 2024. This is driven by societal expectations and a strong desire among women to maintain youthful, healthy skin. However, the men's segment is growing at the fastest rate, with a CAGR of 11.5%, driven by the increasing popularity of non-invasive procedures among men seeking aesthetic enhancements.
Dermatology clinics dominate the end-user market with a 65% share in 2024. These clinics offer personalized care, certified specialists, and advanced treatment options, making them the preferred destination for skin booster treatments. The MedSpa segment is also growing rapidly, with a projected CAGR of 11.6%, as consumers seek a combination of wellness, relaxation, and beauty services in a luxurious setting.
The North American market leads the global skin booster market, holding 30% of the share in 2024. This is attributed to the growing awareness of skin aging issues, such as sagging skin and blemishes, and the increasing adoption of skin rejuvenation treatments in the U.S. Europe is expected to grow at the highest CAGR of 11.7%, fueled by high consumer spending on beauty and wellness and a well-established medical aesthetics industry.
Asia-Pacific is witnessing rapid growth, with China and India driving the demand for skin boosters. The increasing aging population, rising disposable incomes, and the growing desire for aesthetic procedures contribute to the expanding market in this region. India, in particular, is expected to see a surge in demand due to the growing middle class and the increasing awareness of non-surgical beauty treatments.
Key industry players include Galderma S.A., Allergan Aesthetics, Merz Pharma, and Teoxane Laboratories, which are continuously innovating and expanding their product portfolios to cater to the growing demand for skin rejuvenation solutions. For example, Evolus launched FDA-approved hyaluronic acid-based treatments, further boosting the market's credibility.
Recent developments, such as Rejuran's collaboration with LaserAway to launch DNA-based skin treatments in the U.S., and LG Chem's launch of the HP Vitaran injectable skin booster in Thailand, highlight the ongoing innovation in the skin booster market. These new products aim to offer personalized and effective solutions for skin rejuvenation and anti-aging treatments.