Press release
World Anti-Aging Market 2018 Is Growing Rapidly and Expected To Reach CAGR of 4.23% from 2019 To 2024
Ant-Aging Products & Services
Anti-aging refers to the treatment, prevention, and reversal of age-related conditions such as scars, spots, and wrinkles. Numerous anti-aging products available in the market in different forms such as serums, cleansers, creams, gels, moisturizers and facial oils, which are used to treat aging-related problems such as acne, scars, wrinkles, stretch marks etc.
Anti-Aging Products & Services Market Outlook:
The global anti-aging products and services market has gained significant growth owing to surging aging population, increasing anti-aging awareness campaigns and technological advancements. Growing number of individuals yearning for greater appearance is also expected to drive the market size further. Botulinum toxin injection therapies, plastic surgeries, and breast implants have gained the substantial amount of popularity over the past years, as a large number of customers are opting for such anti-aging solutions. Furthermore, strict regulations regarding usage of cosmetic products have led to the introduction of safe and efficient anti-aging products and services in the market.
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Anti-Aging Products & Services Market Segmental Overview:
The report analyses the global anti-aging products and services market based on services, devices, products, demographics, end users and geography.
Anti-Aging Products & Services Market by Services:
Based on services, the market is segmented into anti-pigmentation therapy, adult acne therapy, breast augmentation, liposuction services, chemical peel, hair restoration and others which (include eye-lid surgery, abdominoplasty, sclerotherapy etc.). Hair restoration treatments held the largest market share in 2017 and is anticipated to flourish at a lucrative rate owing to the significant increase in the number of hair transplantation procedures worldwide.
Anti-Aging Products & Services Market by Devices:
Based on devices, the global anti-aging products and services market is segmented into radio frequency devices, laser aesthetic devices, microdermabrasion devices, anti-cellulite treatment devices and others. Among various devices, the radiofrequency devices held the largest share of the anti-aging market in 2017, due to several advantages offered by these products, such as skin tightening, aesthetic enhancement, cellulite, and body contouring.
Anti-Aging Products & Services Market by Products:
Moreover, the products segment is categorized into Botox & dermal fillers, anti-wrinkle products, anti-stretch products and others including UV absorbers, hair colour etc. The anti-wrinkle products held the largest market share in 2017, since wrinkles are the most prominent sign of aging and anti-wrinkle products help in reducing the same.
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Anti-Aging Products & Services Market by Demographics:
Whereas, on the basis of demographics, the market is segmented into baby boomers, generation X, and generation Y. Among the demographics, baby boomers accounted for the largest share of the market in 2017, as the anti-aging products and services are gaining popularity among them. This large group, much of it quite wealthy, can be characterized as demanding customers, who attribute a lot of value to the quality of their purchases, expect professional advice and prefer anti-aging products with a high technological added value.
Anti-Aging Products & Services Market by End Users:
Global anti-aging products & services market finds its major end users in hospitals, clinics and home health care. Home healthcare segment accounted for largest market share in 2017, while hospitals are projected to grow at a fastest growth rate from 2019 to 2024. The growth of hospitals is majorly driven by significant increase in the number of cosmetic procedures worldwide.
Anti-Aging Products & Services Market by Geography:
By geography, the global anti-aging products and services market is studied across the countries of key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to account for the largest share in 2017, followed by Europe and Asia-Pacific. Factors such as high awareness regarding aging, the rise in obesity and sedentary lifestyle are fueling the growth of anti-aging products in North America. In addition to this, the Asia-Pacific region is expected to grow at a lucrative growth rate during the forecast period. China, Japan, Australia and India are observed to be the most attractive destinations for cosmetic surgeries.
Anti-Aging Products & Services Market Players:
Some of the major players operating in the Anti-Aging Products and Services market include Allergan plc, Alma Lasers, Avon Products Inc, Beiersdorf AG, Coty Inc., Cynosure Inc, Estee Lauder Companies Inc., Johnson & Johnson, Kao Corporation, L’Oréal S.A., Lumenis Ltd, Procter & Gamble Co, and Shiseido Company among others. Strategies such as expansions, as well as partnerships were also implemented by numerous market players to expand their R&D competences and geographic presence in the global market.
Browse Related Reports:
Cosmetic Lasers Market Report @ https://axiommrc.com/product/1719-cosmetic-lasers-market-report/
Cosmetic Surgery and Procedures Market Report @ https://axiommrc.com/product/1382-cosmetic-surgery-and-procedures-market-report/
Key Questions Answered in Report:
•What are the future scope of global anti-aging products & services market up to 2024
•What are the challenges to market growth?
•Who are the key vendors in the global anti-aging products & services market?
•What will the market size and the growth rate be in 2024?
•What are the key market trends impacting the growth of the global anti-aging products & services market?
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Axiom Market Research & Consulting™, a global market research firm driven with a simple aim of providing key actionable data to companies for taking informed business decisions pertaining to their marketing strategy, investments, new product launch, market competition etc.
Our creative research approaches help us to extract, analyze and compare markets along with peer markets, main or parent market, application, and end-user industries, competitive landscape, and qualitative figures to arrive at market numbers. Backed by a team of experienced analyst, who has worked with leading research firms and delivered a number of Market research projects globally, Axiom Market Research & Consulting is able to cater to all market research and business consulting requirements.
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Manish Shelar
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