Carboxy Therapy Market: Introduction
- Carboxy therapy, commonly known as carbon dioxide therapy, involves injecting small volume of CO2 gas underneath the skin. Carbon dioxide gas dilates blood vessels, increasing circulation and stimulating collagen formation when injected into the treatment area. Consequently, the skin rejuvenates and reconditions itself. Additionally, inflammation is reduced and cellular regeneration is enhanced. Injection is the most common way for a health care professional to deliver this treatment; however, topical versions of carbon dioxide treatment make it simple for patients to avail the benefits on their own at home.
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Key Drivers, Restrains, and Opportunities of Global Carboxy Therapy Market
- The geriatric population is a major driver of the global carboxy therapy market. According to the United Nations, the rate of population aging in the 21st century is projected to exceed that of the previous century. According to the World Health Organization, globally, there will be 727 million people aged 65 and above by 2020. By 2050, the number is anticipated to more than double to reach over 1.5 billion. Global population aged 65 and above is expected to rise from 9.3% in 2020 to 16.0% in 2050.
- Increase in demand for minimally invasive facial rejuvenation treatment is expected to drive the global market in the near future. According to the American Society of Plastic Surgeons’ annual statistics report, over 17.7 million surgical and minimally invasive cosmetic procedures were performed in the U.S. in 2018, a number that has steadily increased in the past five years.
- Strict regulatory policies and safety concerns associated with carboxy therapy are likely to hamper the growth of the global market during the forecast period. Moreover, reduction in cultural prohibitions and social taboos increases the number of aesthetic procedures across the world. Rise in social consciousness about the importance of personal appearance and personality development is another major factor propelling the global market.
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North America to Capture Major Share of Global Carboxy Therapy Market
- North America is projected to account for major share of the global carboxy therapy market during the forecast period. Rise in consumer demand for anti-aging remedies and increase in lifestyle standards and income among the population is anticipated fuel the growth of the market in the region.
- The carboxy therapy market in Asia Pacific is expected to grow at a rapid pace during the forecast period. Anti-aging remedies, devices, and products are becoming increasingly popular in regional countries due to increase in the geriatric population, rise in number of cosmetic procedures, and surge in popularity of anti-aging treatments, devices, and products.
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Key Players Operating in Global Carboxy Therapy Market
The global carboxy therapy market is fragmented due to the presence of international as well as local players. A large number of manufacturers hold major share in their respective regions.
Major players operating in the global carboxy therapy market are:
- Fosun Pharmaceutical Co., Ltd.
- Merz Pharma GmbH & Co. KGaA
- Allergan plc
- Alvi Prague
- JONTE
- Anti Aging Medical Systems
- DTA Medical
- Other prominent players
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Global Carboxy Therapy Market: Research Scope
Global Carboxy Therapy Market, by Route of administration
- Subcutaneous
- Epicutaneous
- Others
Global Carboxy Therapy Market, by End-user
- Hospitals
- Clinics
- Beauty Centers
- Others
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