Global Market Study on Mesotherapy: Increasing Quest for age-defying Treatment Options to Fuel Growth
Mesotherapy Market is segmented by Product that is Mesotherapy Fillers Kits, Mesotherapy Solution Kits, Mesotherapy Chemical Peels, Anti-ageing Masks, Mesotherapy Creams, Mesotherapy Spray, Mesotherapy Devices, and by Indication that is Anti-ageing, Mesotherapy, Wrinkle Treatment, Stretch Marks, Acne & Scar Treatment, Fat Loss, Hair Loss or Alopecia.
The relentless quest to remain beautiful by baby boomers in developed as well as developing countries is expected to fuel the growth of the mesotherapy market. Rapidly increasing aging as well as middle-age population across various countries is also driving the growth of the mesotherapy market.
According to the United Nations, over 34% of the European population is estimated to be aged over 60 years by 2050. Similarly, in Latin America, Asia, and the Caribbean, the existing population over the age of 60 years is around 11-12%, which is expected to go over 25% by 2050.
Find Out More about the Report Coverage
- Laboratoires FILORGA SA
- INSTITUTE BCN
- Koru Pharmaceuticals Co., Ltd.
- Fusion Meso
- TOSKANI COSMETICS
- Dr. Korman Laboratories Ltd.
- Ostar Beauty Sci-Tech Co Ltd.
Demand for Less / Non-invasive Therapies Boosting Market Growth
Mesotherapy is a minimal or non-invasive beauty treatment. Consumers prefer minimally-invasive procedures as an aesthetic option; those that are less time consuming, less painful, and have practically no or negligible recovery time.
These factors play an important role in driving the growth of the mesotherapy market. Most mesotherapy products such as creams, masks, peels, etc., are non-invasive treatment options, whereas, mesotherapy using solution kits, mesotherapy guns, and needles & cannulas are minimally-invasive procedures.
The minimally-invasive nature of mesotherapy results in much lesser or apparently no complications associated with the procedure.
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Easier Availability & Cost Effectiveness Aiding Growth
Mesotherapy products are easily available, as most of the regions have local manufacturers. Europe and East Asia have the largest number of manufacturers. Most manufacturers also cater to consumers via online product selling platforms in order to enhance their regional reach as well as to increase their revenue generation in the mesotherapy market.
The cost of most mesotherapy creams, peels, masks, etc., is under US$ 100. Considering the high efficacy and positive effects of mesotherapy, cost effectiveness remains one of the major market drivers.
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Europe to Dominate Mesotherapy Market; COVID-19 Pandemic to Dampen Market Growth
Europe remains the most lucrative region, holding a share of around 30% in global mesotherapy market. Increasing middle-age group population, improving reimbursement scenario, growing awareness about products, and availability of high-end commercialised mesotherapy products are factors driving the mesotherapy market in the region.
Europe houses a majority of mesotherapy product manufacturers, who are undergoing extensive changes in order to enhance their regional reach across the world. Increase in R&D activities along with collaborative efforts and increasing demand for innovative products will boost the growth of the European market during the forecast period.
Mesotherapy is not FDA approved in the U.S., but as most dermatologists and cosmetic professionals are willing to adopt mesotherapy products, the U.S. represents a significant revenue generation opportunity during the forecast period.
On the flip side, the coronavirus (COVID-19) pandemic is spreading like wildfire across continents, taking a humanitarian toll as well as burdening the global economy. The virus originated from Wuhan, China, and is now spreading across North America and Europe.
Alerted by the exponential rise in COVID-19 caseloads in countries – Italy, Spain, and France – governments have imposed nationwide lockdowns and self-quarantine regulations. Further, the survival period of the coronavirus varies with surfaces.
As such, the general public is avoiding large gatherings at places such as dermatology centers in order to avoid getting infected from the virus. This would have an adverse effect on mesotherapy market in Europe and North America in the near term.
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Competitive Landscape of Mesotherapy Market
The mesotherapy market is fairly consolidated with key players across the globe such as Laboratoires FILORGA SA, INSTITUTE BCN, Koru Pharmaceuticals Co., Ltd., mesoskinline, TOSKANI COSMETICS, DERMEDICS® International, Fusion Meso, MesoTreat, OstarBeauty, Armesso U.S.A. Corp., MESOCLINIC, DR. Korman, Dermaqual, Mesotech S.r.l., etc. Manufacturers are actively involved in geographic expansion and collaboration for product development to gain a larger market share in the mesotherapy market.
Increasing adoption of mesotherapy for beautification/ skin rejuvenation along with increasing product availability is anticipated to fuel the global mesotherapy market growth during the forecast period of 2019 to 2029. Moreover, the cost-effectiveness of mesotherapy products remains one of the major drivers for market growth.
Stakeholders can look to Europe for increased profits, as the region is set to dominate the market through 2029.
Key Segments of Mesotherapy Market
Key Questions Answered in Report
- How much is the mesotherapy market worth?
Mesotherapy market is estimated to reach US$ 842 Mn by the year 2031.
- What will be the demand outlook?
The global mesotherapy market is slated to witness a double-digit CAGR (11%) between 2021 and 2031.
- What was the last 5 year market CAGR?
The global mesotherapy market witnessed a CAGR of 9% between 2015 and 2020.
- What are the key trends of mesotherapy market?
The ongoing trend is that of medical tourism flourishing all across (in the developing countries, in particular).
- What is driving the demand for mesotherapy?
Increase in the number of cosmetic clinics providing mesotherapy treatments is driving the demand for mesotherapy.
- What is the market share of top 5 players?
The top 5 players such as Laboratories FILORGA SA, INSTITUTE BCN, Mesoskinline, Koru Pharmaceuticals Co., Ltd., and Fusion Meso hold more than 70% of the market share.
- What are the top 5 countries driving demand?
The top 5 countries driving demand include the UK, Germany, US, India, and China.
- What is North America’s market Outlook?
North America holds a noteworthy market share due to the US doing the rounds.
- At what percentage mesotherapy market is going to register growth in Europe?
Europe is expected to register growth at the rate of 8.5% in the mesotherapy market between 2021 and 2031.
- What are the key market statistics in Korea and Japan?
Japan and Korea are expected to strengthen their footprint in the mesotherapy market between 2021 and 2031.