North America Skin Boosters Market Share, Size, Trends, Industry Analysis Report, By Type (Mesotherapy and Micro-needle); By Gender; By End Use; By Country; Segment Forecast, 2024- 2032

North America skin boosters market size was valued at USD 518.71 million in 2023. The market is anticipated to grow from USD 552.43 million in 2024 to USD 1,080.23 million by 2032, exhibiting the CAGR of 8.7% during the forecast period.

Market Overview

The increasing preference for non-invasive and minimally invasive cosmetic procedures especially in countries with high consumer disposable income and emergence of skin boosters as an effective and safe way to rejuvenate the skin without undergoing any surgery, are key factors fostering the market growth. Additionally, growing introduction to insurance schemes particularly for cosmetic procedures has also fueled the acceptance and awareness of skin boosting treatments, thereby leading to the significant market growth.

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• For instance, according to a report published by the American Society of Plastic Surgeons, the number of liposuction cosmetic procedures performed in the year 2022 was stood at 352,669 with an increase of about 23 percent compared to 2019.

Furthermore, skin boosters have emerged as a revolutionizing and valuable addition in the field of cosmetic treatments and offering an enhanced and natural rejuvenation through nourishing the skin, reducing fine lines, providing hydration, and improved overall skin health. Companies are focusing on the development of skin booster products with advanced formulations like peptides, hyaluronic acids, antioxidants, and vitamins, which creates lucrative growth opportunities for the market.

Growth Factors

• Growing aging population and awareness about skin health to drive market growth

The rapidly increasing aging population in the region and growing people awareness regarding the importance of skin health and healthy beauty standards, are key factors driving the demand for anti-aging treatments including skin boosters. As the population ages, the prevalence of concerns such as fine lines, wrinkles, and skin laxity increases that boost the need for effective treatment options like skin boosters.

• Focus on aesthetic appearance and social media influence to spur market growth

The increasing focus and emphasis on aesthetic appearance that is leading to increased number of people seeking out effective cosmetic procedures including skin boosters, driving the product demand. Additionally, the growing number of social media users and proliferation for celebrity endorsements which is making people aware about the availability and benefits of skin boosters, resulting in increased product adoption in the region. For instance, according to our findings, the number of social media users currently stood at 302.35 million in the United States and the number is projected to reach 313 million by the end of 2024.

Restraining Factors

• High product costs and lack of awareness about its potential to hamper growth

The high cost associated with skin booster products and treatments and low awareness among people regarding its potential benefits on skin, are factors hindering the market growth. Also, stringent regulatory requirements for the approval of skin booster products development further likely to hamper market’s growth.

Report Segmentation

The market is primarily segmented based on product, modality, end user, and region.

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By Type Insights

• Mesotherapy segment captured notable market share in 2023

The mesotherapy segment captured the notable market share. This dominance is due to its ability to elevate personalization by offering a customized and effective treatment approach for the treatment of various individual skincare issues. Moreover, the widespread adoption of mesotherapy because of its adaptability to treat variety of skincare concerns such as facial wrinkles and fine lines, making it a highly versatile option for individuals with different types of skin issues and propelling its adoption.  

By Gender Insights

• Female segment held the significant market share in 2023

The female segment held the significant market share. Segment’s dominance is attributed to greater awareness among women population regarding skin health and aesthetic appearance and rising number of working woman population that allows them to spend higher on skincare products or treatments including skin boosters. Moreover, women are increasingly adopting preventive approaches to skincare and preventing the early signs of aging, that further contributes to the demand for skin boosters at rapid pace.

By End Use Insights

• Medspas segments led the market in 2023

The medspas segment led the market with noteworthy share. This is fueled by significant increase in the proliferation for medspas in developed countries due to its features including non-invasive nature, comprehensive services, low patient downtime, and enhanced experiences. Furthermore, the substantial increase in the number of state-of-the-art medspa facilities tailoring to skin booster treatments to the individual needs and providing personalized solutions which is leading to improved results and higher customer satisfaction, are also anticipated to foster segment’s growth.

Regional Insights

• U.S dominated the regional market in 2023

U.S. dominated the regional market with lion’s share. Country’s dominance is fueled by numerous factors including technological advancements, growing disposable income, and widespread availability of esthetic procedures in the country. Additionally, the substantial increase in the number of minimally invasive and non-invasive cosmetic procedures being done in the US and rising emphasis on beauty consciousness among consumers are further anticipated to create demand for effective skin rejuvenation treatments like skin boosters. For instance, according to our findings, more than 18 million cosmetic procedures were performed in 2020 in the US alone, with women accounting for 92% of all procedures.

Canada is expected to witness highest growth rate during the forecast period. This growth is attributable to increasing esthetic consciousness, growing people interest in minimally invasive injectable procedures, and availability of skilled and certified practitioners resulting in improved accessibility to these procedures. In addition, growing medical tourism to the country due to its advanced cosmetic industries and well-established healthcare infrastructure that attract medical tourists seeking for effective skin treatments, is also likely to bode well for market growth in the coming years. For instance, according to a recent report published in May 2023, the number of aesthetic injectable procedures performed in Canada was estimated at around 1,172,031 in 2022.

Key Market Players & Competitive Insights

• New product development with improved characteristics to drive competition

The North America skin boosters market is moderately competitive in nature with several players competing in the market. Major players are competing on factors such as developing new skin booster products with greater efficacy, establishing their strong distribution network, creating strong brand image, and offering products at very competitive cost to stay ahead of their competition. Also, key companies are focusing on several business development strategies including partnerships, collaborations, and acquisitions, in order to expand their market presence and customer base across different regions.

Some of the major players operating in the market include:

• Allergan Inc. (US)
• AnteAGE (US)
• Galderma (Canada)
• Merz Pharma (US)
• Novus Therapeutics (Canada)
• Prollenium Medical Technologies Inc. (Canada)
• Revance Therapeutics (US)
• SciVision Biotect Inc. (Canada)
• Sinclair Pharma (Canada)
• Suneva Medical (US)
• Teoxane Laboratories (US)

Recent Developments in the Industry

• In September 2023, PDO Max Inc., introduced its latest innovation named ‘Glowpin serum infusion system’, that is specially designed for topical skin booster applications for better and precise absorption of serums. It allows the skin to absorb approx. 30 times more of skin booster, when the serum applied using the device.

Report Coverage

The North America skin boosters market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.

The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, type, gender, end use, and their futuristic growth opportunities.

North America Skin Boosters Market Report Scope