According to our new research study on “Carboxy Therapy Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Application, and End User,” the market is expected to grow from US$ 85.24 million in 2021 to US$ 190.99 million by 2028; it is estimated to grow at a CAGR of 12.4% from 2022 to 2028. The report highlights the key factors driving the market and prominent players, along with their developments. The carboxy therapy market growth is attributed to the growing adoption of noninvasive aesthetic procedures, increased demand for antiaging treatments, and a surge in the geriatric population. However, regulatory policies and safety concerns associated with carboxy therapy are hampering the market growth.
Get Sample Copy of this Report at https://www.theinsightpartners.com/sample/TIPRE00015770/
Top Players Analysis- DTA Medical; Cosmo Pro Ltd.; Carbossiterapia Italiana; Beijing Jontelaser Technologies Co., Ltd.; Kastner-Praxisbedarf; Mezopharma; MBE Medical Division; Nick Fanavaran Plasma Company are among the leading companies operating in the carboxy therapy market.
The World Health Organization (WHO) recognizes waste reduction in healthcare delivery as an essential aspect of strengthening healthcare systems. Technological advancements have led to the development of surgical approaches that minimize waste and achieve better results with available resources. Minimally invasive surgeries (MIS) and noninvasive procedures are among the approaches that result in low waste generation and reduced medical expenses. Further, these procedures ensure low absenteeism at the workplace, which has a net positive effect on the productivity of an economy. According to the International Society of Aesthetic Plastic Surgery (ISAPS), ~14,400,347 million minimally invasive cosmetic procedures were performed globally in 2020. The implementation of these procedures grew by 22.7% from 2016 to 2020 globally.
Minimally invasive procedures result in faster recovery, lesser scarring, reduced stress, and better patient satisfaction. The modern concept of natural and harmonious rejuvenation is based on a comprehensive, three-dimensional, multi-layered approach that combines several active ingredients and techniques in procedures, such as skin relaxation, surface renewal, and skin tightening, depending on the specific patient’s needs. Since the appearance of the skin is considered an essential factor in wellbeing and health, the number of aesthetic procedures performed worldwide is increasing steadily.
Speak to an Analyst at https://www.theinsightpartners.com/speak-to-analyst/TIPRE00015770
Further, nonsurgical procedures include facial injections, which help correct facial lines and wrinkles and provide a reduction of cellulite and unwanted fat with minimal side effects. The ISAPS defines a nonsurgical cosmetic procedure as an effective and safe procedure for people opting for subtle enhancement and surgical result enhancement that requires less recovery time. Nonsurgical procedures often do not require extensive training, unlike surgical procedures that are associated with more risks.
As per ISAPS estimations, the number of nonsurgical cosmetic procedures increased by 44% in 2021 compared to 2020. In the past 20 years, minimally invasive procedures have undergone continuous innovations. In 2020, doctors performed 13.2 million minimally invasive procedures in the US. Thus, the surge in the uptake of minimally invasive and noninvasive aesthetic procedures is driving the carboxy therapy market.
Furthermore, the Global Ageing 2019 survey deduced that the world’s population of people aged 65 and above reached 703 million in 2019. The elderly population is expected to double to 1.5 billion by 2050. The number of people aged 65 or above is likely to increase from 1 in 11 to 1 in 6 from 2019 to 2025. According to the WHO, the percentage of people aged 60 and above is estimated to grow from 12% in 2015 to 22% by 2050. According to the US Census Bureau, the number of people in the US aged 65 and above is estimated to increase from 46 million in 2016 to over ~98 million by 2060, and it will account for ~24% of the global population by 2060, up from 15% in 2016. Additionally, an increase in the geriatric population has created the demand for various types of antiaging and skin rejuvenation treatments globally. Carboxy therapy ensures the maximum absorption of nutrients and provides healthy skin. Moreover, there has been increased awareness among a large population about personality and appearance, along with the surge in disposable income, which has increased the use of beauty treatments, aiding the carboxy therapy market.
Therefore, a significant increase in the geriatric population and changing beauty standards have increased the demand for antiaging treatments, such as carboxy therapy, to reduce fine lines and wrinkles, which helps maintain younger-looking skin for a long time.
The report segments the global Carboxy Therapy Market as follows:
Type Insights
Based on the type, the carboxy therapy market is segmented into tabletop, portable, and others. The tabletop segment held the largest market share in 2021. However, the portable segment is anticipated to register the highest CAGR of 12.6% during the forecast period.
Application Insights
Based on application, the carboxy therapy market is segmented into aesthetic medicine, dermatology, gynecology, angiology, orthopedics and rheumatology, sports medicine, and others. The aesthetic medicine is subsegmented into cellulite, stretch marks, alopecia, and dark under-eye circles.
End User Insights
Based on the end user, the carboxy therapy market is segmented into hospitals, aesthetic clinics, and wellness center. The hospitals segment held the largest market share in 2021. However, the aesthetic clinics segment is expected to register the highest CAGR of 12.7% during the forecast period.
Order a Copy of this Report at https://www.theinsightpartners.com/buy/TIPRE00015770/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876