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Anti-Ageing Drugs Market 2018; Market Reach USD 124,896.6 million | Projected to grow at CAGR of ~ 13.3 % - Forecast Period 2023.

06-28-2018 03:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Anti-Ageing Drugs Market

Anti-Ageing Drugs Market

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Anti-ageing drugs market” Research Report – Forecast till 2023.

Anti-Ageing Drugs Market - Highlights

Anti-aging drugs are used to slow down or reverse the processes of aging to extend the lifespan. Aging, is that damage to the body’s macromolecules, cells, tissues, which is facilitated by genomic instability, epigenetic alterations, loss of proteostasis, mitochondrial dysfunction, cellular senescence, stem cell exhaustion, oxidation damage by free radicals etc. Anti-aging drugs market is currently in the developmental stage and scepticism is the most critical market restraint. Advancement in technologies and cellular understanding is the key to unravel the mysteries of ageing.

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The key to development of the global anti-ageing drugs market is product development through greater research and development. The calorific restriction strategy of research is expected to be the most promising.

The global anti-ageing drugs market is expected to reach US$ 124,896.6 million by 2023, and the market is projected to grow at a CAGR of ~ 13.3 % during the forecast period 2017-2023

Anti-Ageing Drugs Market - Market Scenario

Anti-aging drugs are used to slow down or reverse the process of aging in order to extend the lifespan. The process of aging, causes damage to the body’s macromolecules, cells, tissues a variety of ways such as genomic instability, epigenetic alterations, loss of proteostasis, mitochondrial dysfunction, cellular senescence, stem cell exhaustion, oxidation damage by free radicals etc. Anti-aging drugs market is currently in its infant stage and there is a lot of scepticism about its future. Advancement in technologies and cellular understanding is the key to unravel the mysteries of ageing.  According to the World Health Organization (WHO), the proportion of the world's population over 60 years between 2015 and 2050 will nearly double from 12% to 22%. Further, as per WHO estimates, by 2020, the number of people aged 60 years and older will outnumber children younger than 5 years and by 2050, 80% of older people will be living in low- and middle-income countries.

Key Players in the Global Anti-Ageing Drugs Market

Some of key players profiled in the report are Nu Skin, BIOTIME, INC., Elysium Health Inc., La Roche-Posay, DermaFix, L'ORÉAL, and others.

Anti-Ageing Drugs Market - Segmentation

The global anti-ageing drugs market has been segmented on the basis of drug class and applications. On the basis of drug class, the market is segmented into serums and supplements, antioxidants and enzymes, stem cells and drugs. On the basis of applications, the market is segmented into skin and hair, skeletal and muscles, age related disorders and others.

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Anti-Ageing Drugs Market - Key Findings

Serums and supplements segment commanded the largest market share in 2016 and is expected to reach USD 51,590.5 million by the end of 2023. Furthermore, stem cells segment is expected to be the fastest growing market which is expected to grow at a CAGR of 16.6 % during the forecast period 2017-2023

Skin and hair segment commanded the largest market share in 2016. This market is expected to reach USD 72,222.3 million by 2023, at a CAGR of 15.9 % during the forecast period 2017-2023

North America held the largest market share in 2016. This market is expected to reach USD 42,470.5 million by 2023, at a CAGR of 13.4 % during the forecast period of 2017-2023

Anti-Ageing Drugs Market - Regional Analysis

The Americas holds a significant market share followed by Europe. The high per capita income of the US, the presence of large innovative players in healthcare of the US regions drive the anti-ageing drugs market. The ageing population of baby boomers is expected to propel the market in the US. North America lead the global anti-ageing drugs market with revenue of $ 42,470.5 million in 2016.

Europe is the second largest market in the globe due to a high healthcare expenditure and influence of media industry.

Asia Pacific region is expected to grow rapidly; Japan, China, and India are likely to lead the market due to unmet needs during the forecasted period. APAC is expected to grow at a higher CAGR of 15.3 % than the other regions because of increasing ageing population in this region.

MAJOR TABLE OF CONTENTS:

1  Report Prologue

2  Introduction

2.1 Definition 13

2.2 Scope Of Study 13

2.3 Research Objective 13

2.4 Assumptions & Limitations 14

2.4.1 Assumptions 14

2.4.2 Limitations 14

2.5 Market Structure 14

3  Research Methodology

3.1 Research Process 15

3.2 Primary Research 16

3.3 Secondary Research 16

3.4 Market Size Estimation 16

4  Market Dynamics4.1 Drivers 18

4.1.1 Rising Ageing Population 18

4.1.2 Primal Desire Of Humans To Remain Young 18

4.1.3 Influence Of Lifestyle Industry And Rising Awareness 18

4.1.4 High Levels Of Disposable Incomes 18

4.2 Restraints 19

4.2.1 Scepticism And Concerns Of Safety 19

4.2.2 Stringent Regulations And Definition Ambiguity 19

4.3 Opportunities 19

4.3.1 Advancement In Technologies And Cellular Understanding 19

Major TOC Continued…!

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Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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