North America Skin Boosters Market Size, Share & Industry Trends Analysis Report By Type (Mesotherapy and Micro-needle), By Gender (Female and Male), By End User, By Country and Growth Forecast, 2021 - 2027
The North America Skin Boosters Market would witness market growth of 7.4% CAGR during the forecast period (2021-2027).
Skin boosters are hyaluronic acid fillers injected into the skin to moisturize and tighten it. These skin boosters include non-crosslinked hyaluronic acid, unlike conventional hyaluronic acid fillers that are crosslinked and offer skin strength and lift. As a result, the filler is very fluid and spreads quickly. Hyaluronic acid molecules absorb several times their weight in water when injected into the skin's surface layers, helping to hydrate the skin and improve its smoothness and flexibility. The injections also aid in the stimulation of fibroblasts, which lay down valuable collagen.
Also, skin boosters are effective anti-aging treatments for fine lines, open pores, acne scars, and surface abnormalities. In addition, Hyaluronic acid also reflects light, giving the skin a more radiant appearance. Moreover, skin boosters are a popular treatment in the west for women who want to look stunning on their wedding day.
Presently, the region is witnessing an increase in the use of non-invasive medical aesthetic technology for facial rejuvenation. In addition, the higher disposable income of the regional population is directly associated with an increase in demand for skin tightening, pigmentation removal, and wrinkle removal. In addition, as fast-food culture evolves, the number of people who require this product grows. Most fast-food items, such as burgers, hot dogs, french fries, nuggets, milkshakes, and sodas, include refined carbs, fats, and excessive calories, which trigger allergic reactions and various skin problems. According to data published in December 2018 by Safety and Health Magazine, an estimated 37 percent of the American population consumes fast food on a regular basis.
Plastic surgeons halted performing elective surgical operations in 2020 owing to COVID-19, according to the American Society of Plastic Surgeons (ASPS), indicating a decrease in the overall number of procedures conducted. Moreover, with stay-at-home orders in 2020, minimally invasive cosmetic operations declined somewhat more than surgical procedures.
The expanding senior population in Canada is also driving market expansion. According to the World Population Ageing 2019 study, there were around 6.602 million persons aged 65 and up in Canada in 2019, with the number expected to rise to 11.436 million by 2050.
The US market dominated the North America Skin Boosters Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $380.5 million by 2027. The Canada market is poised to grow at a CAGR of 9.8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 8.8% during (2021 - 2027).
Based on Type, the market is segmented into Mesotherapy and Micro-needle. Based on Gender, the market is segmented into Female and Male. Based on End User, the market is segmented into MedSpa and Dermatology Clinics. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bloomage Biotechnology Corporation Limited, Teoxane SA, Laboratories Filorga Cosmétiques (Colgate-Palmolive Company), IBSA Institut Biochimique SA, Allergan PLC (AbbVie), Galderma S.A., and Merz Pharma GmbH & Co. KGaA.
Scope of the Study
Market Segments covered in the Report:
By Type
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