Carboxy Therapy Market Size & Share | Global Report 2028

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Carboxy Therapy Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Tabletop, Portable, and Others), Application [Aesthetic Medicine (Cellulite, Stretch Marks, Alopecia, and Dark Under-Eye Circles), Dermatology, Gynecology, Angiology, Orthopedics & Rheumatology, Sports Medicine, and Others], and End User (Hospitals, Aesthetic Clinics, and Wellness Center)

Publication Month: Sep 2022 | Report Code: TIPRE00015770 | No. of Pages: 182 | Category: Medical Device | Status: Published

The carboxy therapy market is valued US$ 85.24 million in 2021; it is estimated to grow at a CAGR of 12.4% from 2022 to 2028.

Carboxy therapy employs injecting carbon dioxide into the treatment area to stimulate blood flow. It is a nonsurgical treatment and is widely used to treat cellulite, stretch marks, and dark under-eye circles.

The carboxy therapy market is segmented into type, application, end user, and geography. By geography, the carboxy therapy market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. This report offers insights and in-depth analysis of the market with an emphasis on parameters such as market trends and dynamics and the competitive analysis of the globally leading market players.  

Strategic Insights

Report Coverage - Carboxy Therapy Market
Report CoverageDetails
Market Size Value inUS$ 85.24 million in 2021
Market Size Value byUS$ 190.99 million by 2028
Growth rateCAGR of 12.4% from 2022 to 2028.
Forecast Period2022-2028
Base Year2021
No. of Pages182
No. of Tables110
No. of Charts & Figures80
Historical data availableYes
Segments coveredType, Application, End User, and Geography
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
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Lucrative Regions for Carboxy Therapy Market

Lucrative Regions for Carboxy Therapy Market

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Market Insights

Growing Adoption of Noninvasive Aesthetic Procedures Boosts 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.

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. These 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.

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 important factor in wellbeing and health, the number of aesthetic procedures performed worldwide is increasing steadily. Further, nonsurgical procedures include facial injections which help in the correction of facial lines, wrinkles, cellulite reduction, and unwanted fat reduction with minimal side effects. The International Society of Aesthetic Plastic Surgery (ISAPS) defines a nonsurgical cosmetic procedure as an effective and safe procedure for those who are willing to undergo subtle enhancement and surgical result enhancement with lower recovery periods; these procedures often do not require extensive training, unlike surgical procedures that are associated with greater 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 adoption of minimally invasive and noninvasive aesthetic procedures is driving the carboxy therapy market growth.

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. The demand for tabletop carboxy therapy machine is rising as it is widely used for pain management and medical aesthetics.

Carboxy Therapy Market, by Type – 2021 and 2028

Carboxy Therapy Market, by Type – 2021 and 2028

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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. In 2021, the aesthetic medicine segment held the largest share of the market. However, the dermatology segment is expected to grow at a significant CAGR of 12.9% during the forecast period. Increasing demand for various noninvasive or minimally invasive services such as laser resurfacing, aesthetic injectables, and other services is increasing with increased consumer interest in skin texture and tone improvement are driving the growth of the aesthetic medicine segment during the forecast period.

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. The growth of the hospital segment is attributed to the increase in the number of carboxy therapy and the surge in demand for aesthetic medicine and dermatological procedures.

 

Organic developments such as product launches and approvals are highly adopted strategies by companies in the carboxy therapy market. A few of the recent key market developments are listed below:

  • In March 2021, Air Liquide signed an agreement with the Gippsland Basin Joint Venture, a 50-50 joint venture between BHP Petroleum (Bass Strait) Pty Ltd and Esso Australia Resources Pty Ltd, for the construction of a new facility to distribute carbon dioxide to Australian industries. This facility will be built next to the Longford Gas Conditioning Plant, owned by Gippsland Basin Joint Venture and operated by Esso Australia, which will capture CO2 from its operations and deliver it to Air Liquide for purification and reuse.
  • In March 2019, Air Products acquired ACP Europe SA, one of the largest independent carbon dioxide producing companies in Europe. The acquisition will help the company serve its customers efficiently and boost growth opportunities across additional European countries.
  • In January 2020, Cosmo Pro Ltd. launched DIOX carboxytherapy system. The DIOX system features a touch-screen interface and both automatic and manual modes.

Company Profiles

  • DTA Medical
  • Cosmo Pro Ltd.
  • Carbossiterapia Italiana
  • Beijing Jontelaser Technologies Co., Ltd.
  • Kastner-Praxisbedarf
  • Mezopharma
  • MBE Medical Division
  • Nick Fanavaran Plasma Company

Frequently Asked Questions

Carboxy therapy refers to the microinjection of carbon dioxide under the surface of the skin. It increases circulation, collagen production, and oxygenation which improves the appearance of the skin. Carboxy therapy is a non-surgical treatment and is widely used to treat cellulite, stretch marks, and dark under-eye circles.
Key factors that are driving the growth of this market are the growing uptake of non-invasive aesthetic procedures and increasing demand for anti-aging treatments along with a surge in geriatric population.
The CAGR value of the carboxy therapy market during the forecasted period of 2022-2028 is 12.4%.
The tabletop segment held the largest share of the market in the global carboxy therapy market and held the largest market share of 47.31% in 2021.
The aesthetic medicine segment dominated the global carboxy therapy market and accounted for the largest market share of 55.26% in 2021.
The hospitals segment dominated the global carboxy therapy market and held the largest market share of 49.27% in 2021.
The carboxy therapy market majorly consists of the players such as DTA Medical; Cosmo Pro Ltd.; Carbossiterapia Italiana; Beijing Jontelaser Technologies Co., Ltd.; Kastner-Praxisbedarf; Mezopharma; MBE Medical Division; Nick Fanavaran Plasma Company among others.
DTA Medical and Cosmo Pro Ltd. are the top two companies that hold huge market shares in the Carboxy Therapy market.
Global carboxy therapy market is segmented by region into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. The North America region is the held the largest market for the carboxy therapy market during the forecast period. The large share of North America in the global carboxy therapy market is attributed to factors such as the Rise in consumer demand for anti-aging remedies, increase in lifestyle standards and income among the population are anticipated to fuel the growth of the market in the region.
The COVID-19 pandemic has slumped the carboxy therapy market due to the canceled or denied elective surgeries to curb the transmission of the infection. Many aesthetic procedures like antiaging treatment, face rejuvenation treatment, and non-essential procedures have been delayed due to the Covid-19 crisis. Cosmetic and aesthetic device manufacturers have had to close production and delivery units worldwide due to the lockdown imposed at the beginning of the COVID-19 outbreak. Thus, the growing demand for carboxy therapy is contributing to the growth of the market. Additionally, the elderly take this therapy to a significant extent due to their younger-looking appearance. It is estimated that the growth of this market will increase due to key factors such as the high growth in aesthetic medical systems and increasing government initiatives related to aesthetic procedure.

The List of Companies - Carboxy Therapy Market

  1. DTA Medical
  2. Cosmo Pro Ltd.
  3. Carbossiterapia Italiana
  4. Beijing Jontelaser Technologies Co., Ltd.
  5. Kastner-Praxisbedarf
  6. Mezopharma
  7. MBE Medical Division
  8. Nick Fanavaran Plasma Company
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the carboxy therapy market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global carboxy therapy market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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