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USD 124,896.6 Million Anti-Ageing Drugs Market Projected To Grow At CAGR ~ 13.3 % by 2023
Anti-Ageing Drugs Market
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Anti-Ageing Drugs Market Key Players: Nu Skin, BIOTIME, INC., Elysium Health Inc., La Roche-Posay, DermaFix, L'ORÉAL, and others.
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 drives 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 USD 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.
Gulf nations such as Saudi Arabia and the UAE drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.
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Anti-Ageing Drugs Market Segments: 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 application, the market is segmented into skin and hair, skeletal and muscles, age related disorders and others. The global anti-ageing drugs market is expected to reach USD 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.
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Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
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Maharashtra, India
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Email: akash.anand@marketresearchfuture.com
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