The global carboxy therapy market size is expected to reach US$ 190.99 million by 2028, registering a CAGR of 12.4% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
The report highlights the key factors driving the market and prominent players, along with their developments. The carboxy therapy market growth is attributed to the growing adoption of noninvasive aesthetic procedures, increased demand for antiaging treatments, and a surge in the geriatric population. However, regulatory policies and safety concerns associated with carboxy therapy are hampering the market growth.
The COVID-19 pandemic hampered the carboxy therapy market due to the canceled or denied elective surgeries to curb the transmission of SARS-CoV-2. Many aesthetic procedures such as antiaging treatment, face rejuvenation treatment, and nonessential procedures have been delayed due to the emergence of the crisis. Cosmetic and aesthetic device manufacturers discontinued their production and delivery units worldwide due to the imposition of lockdown at the beginning of the outbreak. Moreover, different waves of COVID-19 strains have negatively impacted the overall global economy, and the increasing spread of infection led to the closure of dermatology departments and clinics, which reduced the demand for carboxy therapy. The temporary discontinuation of research and development activities regarding carboxy therapy and carboxy therapy machines has hampered the market growth. In early 2021, the rollout of COVID-19 vaccines reduced the risk of contracting COVID-19, which led to the relaxation of stringent policies imposed by governments of various countries. Further, 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 procedures.
Carboxy Therapy Market, by Region, 2021 (%)
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)
Carboxy Therapy Market Size & Share | Global Report 2028
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Source: The Insight Partners Analysis
- Based on type, the carboxy therapy market is segmented into table top, portable, and others. The table top segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR of 12.3% in the market during the forecast period.
- Based on application, the carboxy therapy market is segmented into aesthetic medicine, dermatology, gynecology, angiology, orthopedics & rehumatology, sports medicine, and others. In 2021, aesthetic medicine held the largest market share and is expected to register the highest CAGR of 12.4% during the forecast period.
- Based on end user, the carboxy therapy market is segmented into hospitals, aesthetic clinics, and wellness centers. In 2021, the hospital segment held the largest market share and it is expected to register a CAGR of 12.3% over the forecast period.
DTA Medical; Cosmo Pro Ltd.; Carbossiterapia Italiana; Beijing Jontelaser Technologies Co., Ltd.; Kastner-Praxisbedarf; Mezopharma; MBE Medical Division; Nick Fanavaran Plasma Company are among the leading companies operating in the carboxy therapy market.
The report segments the carboxy therapy market as follows:
The carboxy therapy market is segmented into type, application, end user, and geography. Based on type, the market is segmented into tabletop, portable, and others. Based on application, the market is segmented into aesthetic medicine, dermatology, gynecology, angiology, orthopedics and rheumatology, sports medicine, and others. On the basis of end user, the carboxy therapy market is segmented into hospitals, aesthetic clinics, and wellness center. By geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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