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Skin Boosters Market size was valued at USD 985.15 Billion in 2022 and is poised to grow from USD 1074.82 Billion in 2023 to USD 2157.42 Billion by 2031, at a CAGR of 9.1% during the forecast period (2024-2031).

The skin booster market is characterized by intense competition and active market participation. Major regions driving market growth include North America, Europe, and the Asia-Pacific region. Players in the market are focused on research and development activities to introduce innovative products and expand their offerings. However, challenges such as high treatment costs and regulatory considerations need to be overcome to ensure long-term market expansion. 'Sinclair Pharma (UK)', 'LG Chem (South Korea)', 'Revance Therapeutics (US)', 'Anika Therapeutics (US)', 'Croma-Pharma GmbH (Austria)', 'BioPlus Co., Ltd. (South Korea)', 'Hugel, Inc. (South Korea)', 'Prollenium Medical Technologies Inc. (Canada)', 'Anteis SA (Switzerland)', 'Inmode Ltd. (Israel)', 'Suneva Medical (US)', 'Merz Aesthetics (US)', 'Sculptra Aesthetic (US)', 'Polymekon (Italy)', 'Matexlab (Italy)', 'Mesoestetic Pharma Group (Spain)', 'Fidia Farmaceutici S.p.A. (Italy)', 'VIVACY Laboratories (France)', 'MD Skin Solutions (Switzerland)', 'Viscot Medical (US)'

The pandemic and the widespread adoption of remote work arrangements have led to a significant surge in the demand for wrinkle treatments worldwide. This increase can be attributed to various factors, such as the prevalence of virtual interviews, meetings, and sessions, where individuals desire to appear photogenic on camera. Additionally, the immense popularity of social media platforms like Instagram and Facebook has further contributed to this trend, as people are motivated to enhance their skincare and overall appearance for the purpose of uploading photos and engaging with their online networks. In today's technology-driven era, nearly everyone maintains a strong presence on various social networking sites. Furthermore, the presence of numerous online influencers who offer advice on a wide range of topics has had a notable impact. Industry players have recognized this trend and have started collaborating with influencers who possess a substantial following to promote and market their skincare treatments.

Increasing Emphasis on Preventive Skincare: Many individuals are incorporating skin boosters into their skincare routines as a proactive approach to maintaining youthful and healthy-looking skin. Skin boosters, with their ability to enhance skin hydration and elasticity, are being used as a preventive measure to address early signs of aging and maintain skin health over time.

North America emerged as the dominant market in 2022. This strong presence can be attributed to the increasing demand for cosmetic procedures among both adults and the elderly population. The American Society of Plastic Surgeons (ASPS) conducted a comparative analysis of cosmetic surgery procedure rates, revealing that North America boasted the highest volume of non-surgical aesthetic treatments worldwide. Consequently, it is anticipated that North America will continue to be a major source of revenue for non-invasive aesthetic treatments in the foreseeable future.

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Global Skin Boosters Market

Product ID: SQMIG30L2219