Carboxy Therapy Market: Current Analysis and Forecast (2022-2028)

Report Description

The carboxy therapy market is expected to register a CAGR of approx. 12% over the period of 2022-2028. Carboxy therapy, also referred to as carbon dioxide therapy involves injecting a tiny amount of CO2 gas under the skin. When carbon dioxide gas is injected into the treatment area, it dilates blood vessels, increasing circulation and stimulating collagen formation. As a result, the skin renews and reconditions itself. Furthermore, inflammation is reduced, and cellular regeneration is boosted. The most common way for a health care professional to administer this treatment is via injection; however, topical versions of carbon dioxide treatment allow patients to reap the benefits on their own at home. The growing demand for carboxy therapy can be attributed to the rise in geriatric population and increasing demand for aesthetic attractiveness enhancement across the globe. For instance, in 2020, according to the International Society of Aesthetic Plastic Surgery (ISAPS) global survey, there were 14,400,347 nonsurgical procedures performed worldwide. Owing to the glaring statistics the increasing availability of a wide range of such treatment options across the globe is leading to the growing demand for carboxy therapy and would contribute to the growth of the market in the forthcoming period as well. In addition, increasing physician and patient awareness about the therapeutic advantages of carboxy therapy units are likely to aid the market growth. Furthermore, the carboxy therapy market is anticipated to grow on account the outpatient operations are becoming more popular amongst healthcare institutions such as hospitals and clinics due to the availability of minimally invasive techniques such as carboxy therapy. However, some of the restraints in the market including the Strict regulatory policies and safety concerns associated with carboxy therapy are impeding the growth of this market all over the world.

DTA Medical, Cosmo Pro Ltd., Carbossiterapia Italiana, Beijing Jontelaser Technologies Co., Ltd., Kastner-Praxisbedarf, Mezopharma, MBE Medical Division, Nick Fanavaran Plasma Company, Air Liquide Healthcare, Alvi Prague are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst product, the tabletop category accounted for the significant share in the market in 2020”

Based on the product, the carboxy therapy market is segmented into tabletop, portable, and others. The tabletop segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly during the projected timeframe due to its wide application in pain management and medical aesthetics.

“Amongst application, the aesthetics medicine category is expected to witness considerable CAGR during the forecast period”

Based on the application, the market is fragmented into aesthetic medicine, dermatology, gynecology, angiology, orthopedics & rheumatology, sports medicine, and others. The aesthetics medicine segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to the increasing use of carboxy therapy for aesthetic procedures such as facial lines, wrinkles on the face, lip lines, etc. Factors like growing awareness about aesthetic procedures and rising disposable income are expected to boost the market growth.

“Amongst end-user, the hospitals category is expected to witness considerable CAGR during the forecast period”

Based on the end-user, the market is fragmented into hospitals, aesthetic clinics, and beauty centers. The hospital segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. A large number of aesthetic procedures, particularly breast procedures, blepharoplasty, and other minimally invasive procedures, are performed in hospitals. Mainly due to the global rise in obesity, as well as the high income, and advanced healthcare infrastructure, there is an increased growth rate of the hospital segment.

“North America to witness significant growth during the forecast period”

For a better understanding of the market dynamics of the carboxy therapy market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. North America constitutes a major market for the carboxy therapy industry owing to the higher awareness of aesthetic surgical procedures, technological advancements in cosmetic procedures, presence of key market players, increasing geriatric population, and growing demand for non-invasive aesthetic procedures.

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

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Research Methodology

Research Methodology for the Global Carboxy Therapy Market Analysis (2022-2028)

Analyzing the historical market, estimation of the current market, and forecasting the future market of the global carboxy therapy market were the three major steps undertaken to create and analyze the adoption of carboxy therapy in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global carboxy therapy market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments to the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the carboxy therapy market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the carboxy therapy market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. The major segments included in the report as the product, application, and end-users. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the carboxy therapy market. Further, we conducted factor analysis using dependent and independent variables such as a rise in the geriatric population and increasing demand for aesthetic attractiveness enhancement, etc. globally. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the carboxy therapy market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global carboxy therapy market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the carboxy therapy market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global carboxy therapy market in terms of solutions offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions 

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global carboxy therapy market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of product, application, and end-users in the global carboxy therapy market.

The main objective of the Global Carboxy therapy Market Study

The current & future market trends of the global carboxy therapy market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the carboxy therapy market in terms of Value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of product, application, and end-users.
• Define and analysis of the regulatory framework for the carboxy therapy market industry.
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the carboxy therapy market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and Rest of the world.
• Company profiles of the carboxy therapy market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level analysis of the industry

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