The carboxy therapy market involves the application of carbon dioxide (CO2) therapy to reduce fine lines, wrinkles, cellulite, and assist in weight loss. It is a non-invasive procedure that releases carbon dioxide gas into the lower layers of the skin to promote collagen production and elastin stimulation, offering skin tightening and toning effects. Carboxy therapy has gained popularity as an affordable alternative to cosmetic surgeries among middle-aged consumers looking to delay the visible signs of aging.
The global carboxy therapy market is estimated to be valued at US$ 228.7 Mn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period from 2024 to 2031.
Key Takeaways
Key players operating in the Carboxy Therapy Market Size are BodyHt, UNITRONIC, DermoEquipos, Alvi Prague, Oxxot, Faireal Medical Laser, DTA Medical, Wavemed, NHC Medical & Beauty, Cosmo Pro, Nick Fanavaran Plasma Company, Beijing Jontelaser Technologies Co., Ltd., MBE Medical Division, and Mezopharma. The rising demand for non-invasive cosmetic treatments and shortage of skilled professionals for cosmetic surgeries around the world presents lucrative growth opportunities for market players. Major players are investing in product development and geographical expansion efforts across Asia Pacific and Latin America regions where awareness regarding aesthetic procedures is on the rise.
The carboxy therapy market is witnessing strong growth driven by the rising demand for non-surgical, drug-free anti-aging treatments among middle-aged consumers. Also, carboxy therapy procedures pose minimal risks or side effects and provide noticeable skin tightening results in 6-8 sessions, thereby increasing consumer preference over other alternative treatments. Furthermore, the recent lifting of regulations restricting aesthetic practices by qualified physicians and expansion of medical tourism industries in developing nations will accelerate the market growth during the forecast period.
Market drivers: The growing social and cultural acceptance of aesthetic treatments among people of all ages is a major driver for the carboxy therapy market. Additionally, increasing disposable incomes and rising spending on personal care and appearance enhancement in emerging countries is also fueling the demand for carboxy therapy globally.
PEST Analysis
Political: regulatory bodies determines the guideline for conducting carboxy therapy procedures and approvals for its medical equipments.
Economic: rise in disposable income increased spending on aesthetic procedures among individuals.
Social: increased social acceptance of aesthetic procedures drives the demand for non-surgical skin treatments like carboxy therapy.
Technological: advanced carboxy therapy devices with improved safety features and customized treatment protocols gained popularity.
Geographical Concentration
In terms of value, North America dominates the carboxy therapy market due to established medical infrastructure, higher adoption of minimally invasive aesthetic procedures, and presence of major market players in the region. The United States hold major share of the regional market.
Fastest Growing Region
Asia Pacific exhibits the fastest growth in the global carboxy therapy market owing to rising medical tourism, increasing beauty consciousness among individuals, growing awareness about various skin treatment options, and improving healthcare facilities in emerging countries like China and India.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.