Market Size of Global Skin Rejuvenation Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 6.20 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Skin Rejuvenation Market Analysis
The skin rejuvenation market is expected to register a CAGR of 6.2% during the forecast period (2022-2027).
With the spread of the COVID-19 pandemic, the public's opinion about skin rejuvenation has shifted significantly. During the pandemic, the population has a positive attitude toward skin rejuvenation. As per the study published in the Journal of Cosmetic Dermatology in September 2020, the public has a positive attitude toward skin rejuvenation during the pandemic. The demand for skin rejuvenation techniques with minimally invasive procedures, such as Botox, Hyaluronic acid, and PRP gathered a positive response during the pandemic. However, due to the limitations in face-to-face treatment through these methods, tele dermatology marked extensive acceptance.
The studied market is expected to increase due to the rising demand for non-invasive aesthetic operations, changing lifestyle of the urban population, and technological advancements by industry participants. Moreover, the rising demand for faster results and shorter treatment times, as well as expanding popularity and awareness of skin rejuvenation, are expected to drive the market. For instance, InMode launched the AccuTite in April 2019, Newest Minimally Invasive Technology for energy-based lower eyelid rejuvenation in less than 15 minutes with the smallest Radiofrequency Assisted Lipolysis (RFAL) device for the treatment of face and body areas that need precise heating and pinpoint accuracy. Also, the early onset of aging and the growing aged population is expected to boost the skin rejuvenation market. For instance, as per the World Health Organization (WHO), the worldwide geriatric population is expected to reach 2 billion by 2050.
