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India Skin Boosters Market – Industry Trends and Forecast to 2031

Healthcare

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India Skin Boosters Market – Industry Trends and Forecast to 2031

  • Healthcare
  • Upcoming Report
  • Mar 2024
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

India Skin Boosters Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 20.23 USD Million
Diagram Market Size (Forecast Year) USD 45.62 USD Million
Diagram CAGR %

Major Markets Players

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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

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

 Type (Mesotherapy, Micro-needle), Gender(Male, Female), End Use (Dermatology Clinics, Medical Spa)

Market Players Covered

Medytox Inc.  (South Korea), Abbvie Inc. (U.S.), Merz Pharma (Germany), Galderma (Switzerland), Allergan India (India) and others

Market Opportunities

  • Consumers Seek Tailored Solutions to Address the Specific Skin Concerns
  • Growing Beauty and Wellness Industry

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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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The India Skin Boosters Market size will be worth USD 45.62 million by 2031 during the forecast period.
The India Skin Boosters Market growth rate is 10.7% during the forecast period.
The Increasing Awareness, Urbanization and Lifestyle Changes are the growth drivers of the India Skin Boosters Market.
The type, gender, end-use are the factors on which the India Skin Boosters Market research is based.
The major companies 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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