UK Anti-Aging Market 2023 Share, Size, Key Players, Revenue Analysis | Prudent Markets

The UK Anti-Aging Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global UK Anti-Aging market. This report explores all the key factors affecting the growth of the global UK Anti-Aging market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the UK Anti-Aging Market Analysis

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)

The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis

We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses

All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis

Inflation has not been accounted for in order to estimate and forecast the market

Numbers may not add up due to rounding off

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Facilitate decision-making based on strong current and forecast data for UK Anti-Aging Market Analysis

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Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the UK Anti-Aging Market Analysis

Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders

To strategically profile key players and comprehensively analyze their market shares and core competencies

We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

UK Anti-Aging Market Analysis Executive Summary

Aging is brought about by a cycle of biochemical processes which cause the body to degenerate over a period of time, impacting the health, fitness and physical appearance of the individual. Anti-aging refers to the process of limiting or retarding these changes through various products and services. Nowadays, good physical personality has become a necessity and determines the success of an individual in different areas of life. The growing consciousness among both the young and old consumers regarding their physical appearance has fostered the demand for anti-aging products and devices.

Market Size and Key Findings

The UK Anti-Aging Market Analysis size stood at around USD xx billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Market Dynamics

Market Growth Drivers Analysis

The increasing awareness among the overall population to hold younger-looking skin, hard-line marketing campaigns, and rising interest in a health and beauty regimen are driving the anti-aging products, services, and devices market in Europe. The dominance of the market is mainly due to high awareness and accessibility of a large variety of anti-wrinkle products at a reasonable cost in Europe.

Market Restraints

The high cost of anti-aging products and procedures along with the presence of counterfeit products containing toxic substances pose a major challenge to the market growth.

COVID-19 impact on "UK Anti-Aging Market Analysis

The anti-aging market was badly affected during the COVID-19 pandemic, as manufacturing plants remained shut during much of the lockdown period, in compliance with government norms. Similarly, international trade, especially of non-essential goods, was prohibited or limited, thereby reducing the product supply. In addition, the closed cosmetic centers, spas, and dermatology departments at hospitals reduced the demand for the devices.

Competitive Landscape

Key Players

The anti-aging market is fragmented in nature. Some of the major players in the market are The Procter & Gamble (P&G) Company, Nu Skin Enterprises Inc., Hologic Inc., Unilever Group, Pierre Fabre S.A, Galderma SA, Shiseido Company Limited, Candela Corporation, and Home Skinovations Ltd.

Products in Pipeline

In April 2020, Galderma SA received approvals from the National Medical Products Administration (NMPA) of China for three products, namely Restylane Vital, Restylane Lidocaine, and Restylane Lyft Lidocaine, which helped in the expansion of the Restylane portfolio in China. These products were developed to improve skin appearance and act as a skin booster.

In October 2019, the Cynosure division of Hologic Inc. launched a non-invasive electromagnetic technology, called StimSure, in Europe and the Middle East. The technology helps strengthen and tighten muscles in the abdominal, gluteal, and thigh areas by stimulating or contracting the muscles. It delivers up to 24,000 muscle contractions in 2030 minutes, for natural-looking results.

Notable Recent Deals

In December 2019, Estee Lauder Companies Inc. acquired Have & Be Co. Ltd, a Seoul-based global skincare company that brands Dr. Jart+ and mens grooming products named Do The Right Thing. In September 2018, Syneron Medical Ltd acquired Ellipse AS, a company that manufactures and markets laser-based and intense pulse light (IPL) platforms for different types of medical and aesthetic skin treatments.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

The UK government has published Build Back Better, its plans for health and social care in England. The social care proposals include, from October 2023, an 86,000 lifetime cap on care costs (excluding accommodation). The proposals will be funded by measures including a 1.25% increase in National Insurance contributions, which from April 2023, will become a separate, notionally hypothecated, charge on earned income, the Health and Social Care Levy.

The Westminster government has also published a white paper, outlining its 10 year plan for adult social care reform in England.

On 7th September 2021 the UK government announced that it would exclude earnings from the pension guarantee, for one year, on the grounds that a statistical anomaly in earnings, caused by Covid pandemic measures, would have led to an 8% rise in pensions.
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UK Anti-Aging Market Analysis Segmentation

By Demographics:

Middle-aged women and empty nesters have been the main focus for this market as they tend to spend more time on personal care, compared to other groups. The United Kingdom cosmetics market is growing as an elite, premium market, driven by young female professionals and their male metrosexual counterparts and also the rising older demographic.

By Product Types:

Among the main types of anti-aging products, in 2020, anti-wrinkle products became the European market leader. People gained knowledge about various products at an affordable price and made them readily available. The major anti-aging devices, laser beauty devices, accounted for the largest share in 2020 due to cost-effectiveness, peak demand, and permanently effective results.

By Services:

By Service based market, it is divided into, Anti-Pigmentation Therapy, Adult Acne Therapy, Breast Augmentation, Liposuction Services, Abdominoplasty, Chemical Peel, Eye-lid Surgery, Hair Restoration, Sclerotherapy.

By Devices:

On the basis of devices, UK Anti-Aging market is divided into, Anti-Cellulite Treatment Devices, Microderm Abrasion Devices, Laser Aesthetic Devices, Radiofrequency Devices.

Highlighted Segments of UK Anti-Aging Market:

Industry Overview: The first section of the research study covers an overview of the global UK Anti-Aging Market, market status and prospects, and product range. In addition, it provides highlights of the major segments of the global Market, i.e., region, type, and application segments.

Competitive Analysis: This report illuminates important mergers and acquisitions, business expansion, product or service differences, market concentration, the competitive status of the global UK Anti-Aging Market, and market size by player.

Company Profiles and Key Data: This section covers companies profiling the major players in the global UK Anti-Aging Market based on the aforementioned revenue, products, business, and other factors.

Market size by type and application: In addition to providing an in-depth analysis of the industry size by type and application, this section provides research on top end users or consumers and potential applications.

Market Dynamics: This report covers the drivers, trends, and opportunities of the global UK Anti-Aging Market. This section also includes Porter's analysis of five forces.

Findings and Conclusions: It provides strong recommendations for new as well as established players for securing a position of strength in the global UK Anti-Aging Market.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global UK Anti-Aging Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global UK Anti-Aging Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the UK Anti-Aging market
Chapter 2: Exclusive Summary - the basic information of the UK Anti-Aging Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the UK Anti-Aging
Chapter 4: Presenting the UK Anti-Aging Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the UK Anti-Aging market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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-An extra edge in the competitive market could be obtained from this elaborative research report
-The report offers all the competitive landscape, growth drivers, applications, market dynamics, and other necessary details as well.

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