India Skin Boosters Market, By Type (Mesotherapy, Micro-needle), Gender (Male, Female), End Use (Dermatology Clinics, Medical Spa) – Industry Trends and Forecast to 2031.
India Skin Boosters Market Analysis and Size
The skin boosters market for facial injectables is influenced by various factors, including rising non-invasive cosmetic procedures. The market for has been experiencing steady growth due to the expanding availability and accessibility and the rise of non-invasive procedures worldwide.
Data Bridge Market Research analyses that the India skin boosters market which was USD 20.23 million in 2023, expected to reach up to USD 45.62 million by 2031, and is expected to undergo a CAGR of 10.7% during the forecast period of 2024-2031. “Mesotherapy” dominates the type segment of the India skin boosters market owing to the growing demand for non-surgical cosmetic treatments and rising consumer spending on cosmetic treatments. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Mesotherapy, Micro-needle), Gender(Male, Female), End Use (Dermatology Clinics, Medical Spa)
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Market Players Covered
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Medytox Inc. (South Korea), Abbvie Inc. (U.S.), Merz Pharma (Germany), Galderma (Switzerland), Allergan India (India) and others
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Market Opportunities
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Market Definition
Skin boosters are a type of cosmetic treatment designed to rejuvenate and enhance the skin's appearance by hydrating, plumping, and improving its texture and overall quality. Unsuch as traditional dermal fillers, which primarily focus on restoring volume to specific areas of the face, skin boosters work by deeply hydrating the skin from within and stimulating collagen production.
India Skin Boosters Market Dynamics
Drivers
- Increasing Awareness and Demand
There has been a growing awareness among Indian consumers regarding skincare and dermatological treatments. With the rise of social media influencers, beauty bloggers, and celebrities endorsing skincare products, the demand for skin boosters has surged.
- Urbanization and Lifestyle Changes
Urbanization in India has led to significant lifestyle changes, including increased exposure to pollution, stress, unhealthy dietary habits, and erratic sleep patterns. These factors contribute to various skin issues such as dullness, dehydration, pigmentation, and premature aging, driving the demand for skin boosters.
Opportunities
- Growing Beauty and Wellness Industry
India's beauty and wellness industry has been experiencing robust growth, fueled by changing lifestyles, urbanization, and increasing focus on personal grooming. Skin boosters fit into this trend as consumers seek non-invasive and minimally invasive treatments to enhance their appearance and maintain healthy skin. There is an opportunity for skincare companies to collaborate with beauty salons, spas, and aesthetic clinics to offer skin booster treatments and expand their reach.
- Consumers Seek Tailored Solutions to Address the Specific Skin Concerns
Personalization is becoming increasingly important in the skincare industry as consumers seek tailored solutions that address their specific skin concerns and preferences. Companies can leverage technology such as artificial intelligence and data analytics to offer personalized skin booster treatments based on individual skin types, conditions, and lifestyle factors. This customization can enhance customer satisfaction and loyalty, driving repeat business and word-of-mouth referrals.
Restraints/Challenges
- Regulatory Hurdles Leads to Delays in Market Entry and Increased Costs
Regulatory requirements and approvals for cosmetic products and procedures in India can be stringent and time-consuming. Obtaining regulatory clearance for new skin booster products or introducing innovative treatment techniques may pose challenges for companies, leading to delays in market entry and increased costs.
- Cost Sensitivity Particularly in Lower-Income Segments
Despite the growing disposable income in urban areas, many Indian consumers remain price-sensitive when it comes to cosmetic treatments. Skin boosters can be relatively expensive, especially when compared to traditional skincare products. The high cost of treatment may deter some potential customers, particularly in lower-income segments, limiting market penetration.
This India skin boosters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the India skin boosters market contact Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In 2022, Sinclair Pharma, a UK-based company with a presence in India, announced its acquisition of Viora, a company specializing in energy-based devices for aesthetic and medical applications. This strategic move aims to strengthen Sinclair's portfolio and expand its operations by leveraging Viora's innovative technology and global marketing and distribution network
India Skin Boosters Market Scope
The India skin boosters market is segmented into three notable segments based on type, gender, end use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Mesotherapy
- Micro-needle
Gender
- Male
- Female
End User
- Dermatology Clinics
- Medical Spa
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The India skin boosters market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the India skin boosters market, the impact of technology using lifeline curves and their impact on the India skin boosters market. The data is available for historic period 2016-2021.
Competitive Landscape and India Skin Boosters Market Share Analysis
The India skin boosters market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, India presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the India skin boosters market.
Some of the major players operating in the India skin boosters market are:
- Medytox Inc. (South Korea)
- Abbvie Inc. (U.S.)
- Merz Pharma (Germany)
- Galderma (Switzerland)
- Allergan India (India)
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