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Middle East & Africa Carboxy Therapy Market
No. of Pages: 99 | Report Code: BMIRE00027996 | Category: Life Sciences
No. of Pages: 99 | Report Code: BMIRE00027996 | Category: Life Sciences
Untapped Potential of Emerging Economies is Driving the Middle East & Africa Carboxy Therapy Market
Carboxy therapy involves the use of carbon dioxide gas as injectables. Its increasing application areas made it one of the most used treatment modalities in dermatology, aesthetic medicine, and anti-aging medicine. As the therapy started gaining traction in the past few years, there has been significant development in the devices used for the treatments. Conventional devices are in the form of pens which are small in size but heavy in nature which makes them difficult to hold during long sessions. This led to the development of devices that are sophisticated and easy to use. Leading market players are increasing their penetration across developing markets by expanding their distribution networks and augmenting their production capabilities. Emerging markets in several countries are expected to offer potential growth opportunities for key carboxy therapy device manufacturers in the years to come. This can be attributed to the large patient population, increase in demand for aesthetics, rise in interest in anti-aging treatments, increase in disposable income, improved healthcare infrastructure, and rise in medical tourism in these countries. High investments in life science and health research in emerging countries play a key role in upgrading the technologies in these countries. This factor, in turn, supports the inclination toward the adoption of carboxy therapy.
Middle East & Africa Overview
The Middle East & Africa carboxy therapy market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia is one of the fastest-growing markets in the Middle East & Africa, driven by a huge population base and rise in the adoption of non-invasive aesthetic procedures. The demand for aesthetic procedures in Saudi Arabia is increasing due to the rising geriatric population. As per the Population Aging in Saudi Arabia report, the percentage of people in Saudi Arabia aged 60 or more is projected to be 25% of the total population of 40 million by the end of 2050. Also, the number of people aged 80 or more is expected to reach 1.6 million, or 4% of the total population, in the same period. Growing studies and increasing investments in discovering treatments to slow aging are driving the market in the country. For instance, in June 2022, the Saudi royal family started a not-for-profit organization called the Hevolution Foundation that plans to spend up to US$ 1 billion a year of its oil wealth to explore the biology of aging and find ways to extend the number of years people live in good health. Aesthetic procedures are among the most performed procedures in the medical field. Such methods are becoming increasingly popular. Various studies are being conducted to study the efficacy and safety of carboxytherapy. For instance, in May 2019, a comparative study of carboxy therapy vs chemical peeling vs mesotherapy was conducted to assess the efficacy and safety of 3 different modalities of treatment for dark circles that function via different modes of action. The study concluded that all 3 treatment modalities were effective in the reduction of periorbital pigmentation. However, mesotherapy showed a significant improvement in pigmentation and a higher level of patient satisfaction compared to the other types of treatment. Lofty penetration of the internet and change in global beauty standards have increased the demand for aesthetic procedures in the country. Along with the power of the internet, social media has become a fundamental part of many people's lives.
Strategic insights for the Middle East & Africa Carboxy Therapy provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Carboxy Therapy refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Carboxy Therapy Strategic Insights
Middle East & Africa Carboxy Therapy Report Scope
Report Attribute
Details
Market size in 2022
US$ 3.63 Million
Market Size by 2028
US$ 7.09 Million
Global CAGR (2022 - 2028)
11.8%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
By Application
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Carboxy Therapy Regional Insights
Middle East & Africa Carboxy Therapy Market Segmentation
The Middle East & Africa carboxy therapy market is segmented into type, application, end user, and country.
Based on type, the Middle East & Africa carboxy therapy market is segmented into tabletop, portable, and others. In 2022, the tabletop segment registered a largest share in the Middle East & Africa carboxy therapy market.
Based on application, the Middle East & Africa carboxy therapy market is segmented into aesthetic medicine, dermatology, angiology, gynecology, orthopedics and rheumatology, sports medicine, and others. In 2022, the aesthetic medicine segment registered a largest share in the Middle East & Africa carboxy therapy market. The aesthetic medicine segment is subsegmented into cellulite, stretch marks, alopecia, and dark under-eye circles.
Based on end user, the Middle East & Africa carboxy therapy market is segmented into hospitals, aesthetic clinics, and wellness center. In 2022, the hospitals segment registered a largest share in the Middle East & Africa carboxy therapy market.
Based on country, the Middle East & Africa carboxy therapy market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. In 2022, the Rest of Middle East & Africa segment registered a largest share in the Middle East & Africa carboxy therapy market.
Carbossiterapia Italiana; DTA Medical; Kastner-Praxisbedarf; MBE Medical Division; Mezopharma; and Nick Fanavaran Plasma Company are among the leading companies operating in the Middle East & Africa carboxy therapy market.
The Middle East & Africa Carboxy Therapy Market is valued at US$ 3.63 Million in 2022, it is projected to reach US$ 7.09 Million by 2028.
As per our report Middle East & Africa Carboxy Therapy Market, the market size is valued at US$ 3.63 Million in 2022, projecting it to reach US$ 7.09 Million by 2028. This translates to a CAGR of approximately 11.8% during the forecast period.
The Middle East & Africa Carboxy Therapy Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Carboxy Therapy Market report:
The Middle East & Africa Carboxy Therapy Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Carboxy Therapy Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Carboxy Therapy Market value chain can benefit from the information contained in a comprehensive market report.