Market Size of Global Skin Rejuvenation Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 6.20 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Skin Rejuvenation Market Analysis
The skin rejuvenation market is expected to register a CAGR of 6.2% during the forecast period (2022-2027).
With the spread of the COVID-19 pandemic, the public's opinion about skin rejuvenation has shifted significantly. During the pandemic, the population has a positive attitude toward skin rejuvenation. As per the study published in the Journal of Cosmetic Dermatology in September 2020, the public has a positive attitude toward skin rejuvenation during the pandemic. The demand for skin rejuvenation techniques with minimally invasive procedures, such as Botox, Hyaluronic acid, and PRP gathered a positive response during the pandemic. However, due to the limitations in face-to-face treatment through these methods, tele dermatology marked extensive acceptance.
The studied market is expected to increase due to the rising demand for non-invasive aesthetic operations, changing lifestyle of the urban population, and technological advancements by industry participants. Moreover, the rising demand for faster results and shorter treatment times, as well as expanding popularity and awareness of skin rejuvenation, are expected to drive the market. For instance, InMode launched the AccuTite in April 2019, Newest Minimally Invasive Technology for energy-based lower eyelid rejuvenation in less than 15 minutes with the smallest Radiofrequency Assisted Lipolysis (RFAL) device for the treatment of face and body areas that need precise heating and pinpoint accuracy. Also, the early onset of aging and the growing aged population is expected to boost the skin rejuvenation market. For instance, as per the World Health Organization (WHO), the worldwide geriatric population is expected to reach 2 billion by 2050.
Skin Rejuvenation Industry Segmentation
Skin rejuvenation is a treatment technique that facilitates restoring the skin from any injuries that are caused owing to aging, sun exposure, or underlying health conditions. The Skin Rejuvenation Market is segmented by Treatment (Intense Pulse Light Treatment, Dermal Fillers, Botulinum Toxin Type A Treatment, Spider Vein Treatment, Other Treatments), End User (Dermatology Clinics, Beauty Clinics, Hospitals), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Treatment | |
Intense Pulse Light Treatment | |
Dermal fillers | |
Botulinum toxin type A treatment | |
Spider vein treatment | |
Other Treatments |
By End Users | |
Dermatology Clinics | |
Beauty Clinics | |
Hospitals |
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Global Skin Rejuvenation Market Size Summary
The skin rejuvenation market is poised for significant growth, driven by a shift in public perception and increased demand for non-invasive aesthetic procedures. The COVID-19 pandemic has positively influenced attitudes towards skin rejuvenation, with a notable rise in the popularity of minimally invasive techniques such as Botox and Hyaluronic acid. The market is further bolstered by technological advancements and the urban population's changing lifestyle, which emphasizes faster results and shorter treatment times. The early onset of aging and the expanding geriatric population are also key factors contributing to market expansion, as evidenced by the growing demand for dermal fillers and other rejuvenation products. Companies like InMode and Galderma are at the forefront, introducing innovative technologies and products to meet the rising demand.
In North America, the skin rejuvenation market is expected to thrive due to high awareness of aesthetic procedures, technological advancements, and a significant geriatric population. The demand for aesthetic fillers is particularly strong among older adults, driven by increased attention to facial aesthetics. Despite the challenges posed by the COVID-19 pandemic, which temporarily halted elective procedures, the market remains fragmented with major players like Allergan, Merz Pharma, and Galderma leading the charge. These companies continue to innovate and expand their product offerings, as seen with Galderma's launch of Twyneo Cream and Sinclair Pharma's acquisition of Viora Boosting. The market's growth trajectory is supported by the ongoing demand for non-invasive solutions and the increasing prevalence of aging populations worldwide.
Global Skin Rejuvenation Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise in Adoption of Skin Rejuvenation Products
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1.2.2 Rising Demand for Non-invasive Aesthetic Operations
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1.3 Market Restraints
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1.3.1 Lack Of Knowledge Regarding Product Efficacy and Lack of Reimbursement For Skin Rejuvenation Procedures
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD Million)
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2.1 By Treatment
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2.1.1 Intense Pulse Light Treatment
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2.1.2 Dermal fillers
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2.1.3 Botulinum toxin type A treatment
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2.1.4 Spider vein treatment
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2.1.5 Other Treatments
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2.2 By End Users
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2.2.1 Dermatology Clinics
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2.2.2 Beauty Clinics
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2.2.3 Hospitals
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle-East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Global Skin Rejuvenation Market Size FAQs
What is the current Global Skin Rejuvenation Market size?
The Global Skin Rejuvenation Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Global Skin Rejuvenation Market?
Merz Aesthetics, Galderma , Allergan (AbbVie), REVANCE AESTHETICS and Contura International Ltd. are the major companies operating in the Global Skin Rejuvenation Market.