The leading companies in the skin boosters market are expanding their production capabilities and establishing new and sophisticated facilities to boost their market presence and attract more customers. This trend is driven by the rising demand for skin boosters that offer a minimally invasive and less risky alternative to traditional dermal fillers for improving skin texture, hydration, and elasticity. As a result, major players in the market are investing heavily in R&D to develop new and advanced skin booster formulations and improved procedures and expand their distribution networks to reach a wider customer base in India. These strategies are expected to further fuel the growth of the skin boosters market in the forecast period.
India Skin Boosters Market Report Highlights
- Based on type, the mesotherapy segment led the market with the largest revenue share of 54.4% in 2023, owing to the increasing adoption of the procedure in number of beauty clinics and medical spas
- Based on gender, the female segment held the market with the largest revenue share of 85.4% in 2023, and is also expected to witness the fastest CAGR over the forecast period about the contribution of women in the rising adoption of cosmetic procedures
- Based on end use, the medical spa segment held the market with the largest revenue share of 64.5% in 2023. The dermatology clinics segment is anticipated to witness lucrative growth over the forecast period
- In April 2023, Merz Pharma announced plans to build a new manufacturing facility in Reinheim, located in the Odenwald region. This move aims to expand the company's production capabilities and enhance its manufacturing processes
Table of Contents
Companies Mentioned
- Sinclair Pharma
- Medytox Inc.
- AbbVie Inc.
- Merz Pharma
- Galderma
- Teoxane
- IBSA farmaceutici Italia Srl
- Allergan India
- PharmaResearch Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 70 |
Published | February 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 21.66 Million |
Forecasted Market Value ( USD | $ 43.02 Million |
Compound Annual Growth Rate | 10.5% |
Regions Covered | India |
No. of Companies Mentioned | 9 |