Skin Boosters Market Size, Share & Trends Analysis Report By Type (Mesotherapy, Micro-needle), By Gender (Female, Male), By End-use (Dermatology Clinics, Medspa), By Region, And Segment Forecasts, 2024 - 2030

Skin Boosters Market Size & Trends

The global skin boosters market size was valued at USD 1.08 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2030. Skin boosters are micro-injections of hyaluronic acid, vitamins, and minerals injected into the epidermis to revitalize, hydrate, and rejuvenate the skin for a natural glow. The market is expected to grow due to factors such as changing beauty standards in developing and developed countries, growing financial accessibility to nonsurgical cosmetic procedures, increasing regulatory approval for new-age skin boosters, and growing cosmetic demand from the aging population. 

The COVID-19 pandemic, which is now an endemic in major regions and countries had a negative impact on the skin booster market. According to the International Society of Aesthetic Plastic Surgery report, a marginal downfall in nonsurgical aesthetic procedures was reported in 2020. Consequently, in December 2020, Merz Pharma, which manufactures Belotero, reported a moderate 10.3% decline in its yearly revenues due to COVID-19.  

The introduction of various insurance schemes for cosmetic procedures has contributed to an increase in awareness, acceptance, and growth in the skin booster market. For instance, Hamilton Fraser, a UK-based insurance company, is specifically dedicated to providing insurance for a range of aesthetic procedures, including laser treatments, dermal fillers, chemical peels, and facial treatments. In April 2022, AbbVie and PatientFi extended their partnership, wherein the latter agreed to provide financing options to AbbVie’s aesthetic product line. Such agreements are expected to propel demand for skin boosters during the forecast period.

The growing adoption of minimally invasive cosmetic procedures is expected to drive market growth through the forecast period. The growing popularity of nonsurgical skincare treatment options is one of the primary factors responsible for an increase in the number of patients seeking skin boosters and plastic surgery services. Thus, increased demand for nonsurgical cosmetic procedures can be attributed to the fact that more people are becoming aware of the risks and complications associated with invasive surgical procedures, including delayed healing, risk of incision scars, and adverse reactions to anesthesia.

Furthermore, the growing popularity of skin booster treatment is attributed to the increase in the global geriatric population. As per Worldometer data, the geriatric population is growing in Asian countries, and as of 2023, Asia’s population exceeded 4.75 billion. The region’s geriatric population was 414 million in 2020, which was 20% higher than the U.S. population of 331.4 million. Additionally, the geriatric population in Asia is estimated to reach 923 million by 2050. Some key aging signs include wrinkles and skin sagging due to low facial elasticity, dark spots, etc. Thus, the presence of a large population liable to various signs of aging drives demand for facial treatments such as skin boosters.

Market Concentration & Characteristics

Market growth stage is high, and pace of the market growth is accelerating. The skin booster market is characterized by a moderate-to-high degree of innovation owing to technological advancements. The providers emphasize greater patient comfort during the procedure; market players are investing in innovative technologies and products to keep up with the demand.

The skin booster market is characterized by a moderate level of merger and acquisition (M&A) activity by the leading players. For instance, in January 2022, Galderma completed the acquisition of ALASTIN Skincare, a specialty products company aiming to develop innovative and clinically tested physician-dispensed skincare products.

The skin booster market is also subject to increasing regulatory scrutiny. An increasing number of regulatory changes are introduced for facial injectables such as skin boosters. For instance, after the initiation of Medical Device Regulation (MDR) within Europe, facial injectables were classified under class III medical device (the highest possible risk class), which implies that it has to comply with more requirements.

There are a limited number of direct product substitutes for skin boosters. However, several treatments can be used to achieve similar outcomes to skin boosters, such as chemical peels, microdermabrasion, laser treatments, and other over-the-counter vitamin C products. However, the available treatments are not permanent solutions for fine lines, wrinkles, and other signs of aging.

End-user concentration is a key factor in the skin boosters market. There are a number of end-user providers such as hospitals, dermatology clinics, and Medspas that are driving demand for such injectable procedures. Owing to the presence of various products by different manufacturers with similar patient benefits and results, practitioners demand additional discounts and rebates from distributors to use their products for aesthetic procedures.

Type Insights

Mesotherapy led the market and accounted for 54.7% of the global revenue in 2023. Mesotherapy elevates personalization by providing a customized treatment approach to address individual skincare issues. This method involves micro-injections of vitamins, minerals, and hyaluronic acid, delivering targeted hydration to the deeper layers of the skin. It proves productive in addressing fine lines, wrinkles, and dullness.

Furthermore, the growing prevalence of facial wrinkles due to chronic obstructive pulmonary disorder (COPD) is expected to drive growth. According to an article by the NCBI in February 2023, patients suffering from COPD are expected to witness significant wrinkle formation. In addition, the growing number of COPD patients in younger age groups is expected to boost target population for this market.

Mesotherapy is also expected to register the fastest CAGR during the forecast period. One of the key drivers of mesotherapy is that it can be adapted to treat a variety of skincare concerns, allowing it to be a versatile option for individuals with different skin types and issues. Furthermore, patients typically experience minimal downtime after mesotherapy, allowing them to resume their daily activities relatively quickly compared to more intensive cosmetic procedures.

Gender Insights

The female segment accounted for a dominant market revenue share in 2023. This is because women show early signs of aging and dullness, majorly due to hormonal fluctuations and related concerns. In addition, due to societal norms and values, a significant number of women undertake aesthetic procedures. According to the International Society of Aesthetic Plastic Surgery (ISAPS), in 2022, out of the total nonsurgical cosmetic procedures performed, women accounted for 85.7%. Conditions like acne, pigmentation, and dullness are also quite prevalent among the female population. In women, acne has a peak incidence between 14 and 17 years of age, with the prevalence of adolescent acne ranging from 79-82% in young women.

The female segment is also projected to witness the highest growth rate over the forecast period. According to the Journal of Clinical and Aesthetic Dermatology, nearly 22% of adult women have acne, and the rise in the prevalence of such conditions is expected to boost demand for skin boosters. In addition, the growing geriatric population in both developed and developing countries is expected to drive segment growth. The American Journal of Physical Anthropology stated that aging and collagen loss in females 50 years and above take place faster due to a decline in estrogen levels.

End-use Insights

Medspas led the market in terms of end-use in 2023. Skin booster procedures are primarily performed by medspas owing to low patient downtime and the non-invasive nature of cosmetic surgery. According to the American Med Spa Association, 8,841 medical spas were operational in 2022. Medspas offer customer-friendly services such as subscription discounts, loyalty programs, and others, which augments their demand.

Medspas are also projected to witness the highest growth rate over the forecast period. This growth is attributed to the inclusion of non-surgeons or non-medical professionals in this line of business. In addition, patient spending in medspas has grown by nearly 20% from 2020 to 2022 within the U.S., and a survey response from the American Med Spa Association in 2022 indicated that nearly 74% of the MedSpa owners expect an annual business growth of 10% or more.

Regional Insights

North America skin boosters market dominated and accounted for 39.6% share in 2023. The market witnessed growth in the region due to high personal disposable income, elevated expenditure on healthcare, a large pool of certified professionals, strong infrastructure & aesthetic facilities, and many customers. Skin booster brands such as Restylane have gained high popularity in the country, which is administered under the skin to improve the skin quality of the face, lips, hands, or neck. Various factors such as high acceptance & openness toward nonsurgical esthetic treatments and increasing esthetic consciousness are likely to propel market growth.

U.S. Skin Boosters Market Trends

U.S. skin boosters market held the largest revenue market share of 84.8%, owing to various factors, such as technological advancements, relatively high disposable income, and availability of several esthetic procedures in the country. In addition, adoption among millennials tripled in the last 4 years in the U.S., accounting for over 1 million individuals undergoing esthetic procedures in 2018. Growing geriatric population in the U.S., which is susceptible to skin imperfections or diseases, is expected to increase the demand for cosmetic procedures, thereby significantly contributing to market growth over the forecast period.

Europe Skin Boosters Market Trends

Skin boosters market in Europe held the second largest revenue market share during the year 2023. The countries in the European region are well-developed and provide significant infrastructure facilities & modern technologies for esthetic surgeries as well as patient care. Accessibility to superior health facilities, availability of experienced practitioners, rising prevalence of skin conditions such as acne, and high disposable income are among the factors contributing to revenue growth in this region. Rising demand for advanced diagnosis and treatment technologies in Europe is another major factor anticipated to propel market growth.

Germany skin boosters market held the largest market share of 25.6%, various factors, such as increase in popularity of cosmetic procedures, technological advancements, and rise in beauty consciousness, are driving growth of the market. Furthermore, rising urban population, novel product approvals, advancements in noninvasive procedures, and availability of skilled professionals are some of the other factors leading to market growth. However, the high cost of esthetic procedures is likely to impede market growth. According to International Society of Aesthetic Plastic Surgery, in 2020, over 695,315 injectable filler procedures were performed in Germany, of which 284,407 were hyaluronic acid filler procedures, accounting for 38.9% of the total nonsurgical procedures.

Skin boosters market in France showed the second largest market share in 2023. France is currently the global leader of cosmetic industry. It is among the top 10 countries with many cosmetic procedures, accounting for 2.2% of all procedures performed worldwide. This can be attributed to high esthetic & fashion consciousness in the country. Increased awareness among customers about potential benefits of esthetic procedures, coupled with growing adoption of minimally invasive procedures, is fueling growth of the market.

Italy skin booster market is anticipated to witness highest CAGR of 10.0% during the forecast period. According to International Medical Journal, in 2020, the most preferred nonsurgical procedure was hyaluronic acid filler treatment, accounting for 41% of the total procedures performed in the country. This indicates that hyaluronic acid-based treatments, which include skin boosters, are likely to witness high growth in the country. Increasing esthetic consciousness is boosting the demand for & popularity of cosmetic procedures in the country. Rising geriatric population, increasing esthetic consciousness, rising interest of consumers in minimally invasive injectable procedures, and easy availability of certified practitioners have resulted in improved accessibility to esthetic procedures, thereby growth of the market.

Asia Pacific Skin Boosters Market Trends

Asia Pacific skin boosters market is anticipated to grow with the fastest CAGR of 10.0% during the forecast period. This can be attributed to the growing medical tourism industry, especially in these countries. According to the ISAPS 2022 report, nearly 29% of patients visited Thailand from other countries for aesthetic procedures. The presence of a large population coupled with increasing patient awareness and rising disposable income are among the major drivers of the market.

Skin boosters market in China held the largest revenue market share of 27.9%, and is anticipated to grow at the fastest rate during the forecast period. Increasing demand for noninvasive esthetic treatment by is anticipated to boost the market growth in China. For instance, men accounted for nearly 15% of the customers in China’s esthetic treatment market. According to a report by the Chinese magazine Sixth Tone, out of 22 million people who underwent invasive and noninvasive esthetic procedures, 54% (12 million) people were under the age of 28, and teenagers accounted for 8%, the major reason being increasing workplace competition. Moreover, the presence of major players, such as Bloomage Biotechnology, which is one of the world’s largest producers of hyaluronic acid-based fillers, is expected to contribute to the market growth.

Japan skin boosters market held the second largest market share in the Asia Pacific region. In Japan, the regulatory framework for skin boosters is overseen by the Pharmaceuticals and Medical Devices Agency (PMDA) and the Ministry of Health, Labour, and Welfare (MHLW).  Products must receive marketing authorization from the PMDA before they can be marketed and used in Japan. The PMDA evaluates the safety, efficacy, and quality data submitted by the manufacturer to determine whether the product meets the necessary standards for approval. Moreover, skin boosters are regulated under the Pharmaceutical Affairs Law in Japan. This law provides guidelines and regulations for the manufacturing, importation, distribution, and use of pharmaceutical products, including Botox.

Skin boosters market in India is expected to grow second fastest CAGR of 10.5% during the forecast period. Skin boosters have been available for a long time in India esthetic market. The benefits and advantages of skin booster products have increased the demand for these products in the country. According to IBEF, in India, the treatment cost of esthetic procedures is about one-tenth of that in Western Europe or the U.S., and the country ranks 145th among 195 countries in terms of quality and accessibility of healthcare. India is also price-competitive as compared to its Asian peers and western countries, leading to a noticeable boom in the medical tourism sector. Exposure to various social media apps and the increasing influence of global beauty standards have led to a rise in the demand for cosmetic procedures among teenagers, thereby fueling market growth.

Latin America Skin Boosters Market Trends

Latin America skin boosters market is expected to witness a lucrative growth during the forecast period. Latin America is one of the fastest-growing cosmetic industries in the world. Wellness and the desire for a healthy and holistic lifestyle have given momentum to the functional beauty segment. Organic and natural cosmetics and personal care products continue to be a growing niche in the region. There has been significant growth in medical tourism, which is boosting the development of the healthcare industry. The presence of untapped opportunities in developing countries, such as Mexico and Brazil, is also expected to propel the market growth in the region.

Skin boosters market in Brazil dominated the region with the largest revenue share of 39.4% during the forecast period. Brazilian cosmetics are recognized globally for their innovation in several categories, the use of ingredients from our biodiversity is a real differentiating asset to attract new customers. Brazil is the 4th global market for personal hygiene and beauty products and the 3rd country for the number of product launches.

MEA Skin Boosters Market Trends

MEA skin booster market is expected to grow at a lucrative growth. This region is technologically developed, however, there is negligible awareness pertaining to esthetic treatments. Moreover, some countries in the African region lack healthcare infrastructure, thus the market is expected to exhibit moderate growth of 6.9% during the forecast period. Despite the COVID-19 pandemic, the Middle East esthetic sector continues to show flexibility, with optimistic signs that the sector is expected to start recovering over the forecast period.

Skin boosters in South Africa held the largest revenue market share of 35.1% during 2023. South Africa's beauty and personal care sector is one of the largest on the continent due to an increase in use of natural products and self-care. The country has emerged as an investment destination of choice for international firms aiming to capture the beauty and personal care market in the region. According to a factsheet presented by the Department Trade and Industry of Republic of South Africa, rising import demand for aesthetic and cosmetic products, increasing demand for organic natural products, access to natural ingredients, and strong R&D capabilities are attracting investments to the country. Rapidly growing population and increasing investments in aesthetic and cosmetic sectors are among factors expected to boost market growth.

Key Skin Boosters Company Insights

Companies in the market undertake different strategies to strengthen their product portfolios and undertake expansions on a regional level to offer diverse, technologically advanced, innovative products to their customers. This is a prominently adopted strategy by companies to attract more customers. Furthermore, several market leaders acquire smaller players to strengthen their market positions. This strategy enables them to increase their capabilities, expand their product portfolios, and improve their competencies. Key players engaged in this growth strategy include Galderma and Allergan.

Recent Developments

• In May 2023, AbbVie, Inc. received approval from the U.S. FDA for SKINVIVE by Juvederm to enhance the smoothness of cheeks in adults aged over 21 years. Clinical studies have demonstrated that results last for at least six months

• In January 2023, Galderma introduced its FACE by Galderma platform, featuring an aesthetic visualization application designed to simulate real-time outcomes of injectable treatments. This innovative tool utilizes digital facial assessment technology to provide a virtual representation of the potential results

• In January 2023, Galderma expanded its geographical footprint by opening a new Global Capability Center in Barcelona to support global growth

Skin Boosters Market Report Scope

Global Skin Boosters Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global skin boosters market report based on type, gender, end-use, and region.

• Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Mesotherapy

  • Micro-needle  

• Gender Outlook (Revenue, USD Billion, 2018 - 2030)

  • Female

  • Male

• End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • Medspas

  • Dermatology Clinics

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait