According to the report, the Global Anti-Aging Market is estimated to be 42.51 USD billion in 2019 and predicted to rise to USD 55.03 billion by 2024, with a CAGR of 5.30%.
The Anti-Aging Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc.
The market is segmented by Demographics (Baby Boomers, Generation X and Generation Y), by Products (UV Absorbers, Anti-Wrinkle Products, Anti-Stretch Marks Products, Natural Products and Hair Color), by Services (Anti-Pigmentation Therapy, Adult Acne Therapy, Breast Augmentation, Liposuction Services, Abdominoplasty, Chemical Peel, Eye-Lid Surgery, Hair Restoration and Sclerotherapy), by Devices (Anti-Cellulite Treatment Devices, Microderm Abrasion Devices, Laser Aesthetic Devices and Radiofrequency Devices). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The global anti-aging market has been flourishing as the products and services it offers come with a promise of reversing the signs of aging. The increasing awareness among the overall population to retain younger looking skin, hard-line marketing campaigns, and rising interest in health and beauty regimen are driving the anti-aging products, services, and devices market.
Since, cellulite is a widespread problem, which has affected more than 90% female population, alertness among the population to preserve youth and beauty is a significant factor for the expansion of new and safe anti-cellulite treatment devices.
North America is the dominant geographical segment for anti-aging market owing to high awareness about aging signs, increase in obesity and sedentary lifestyle which are the key drivers of this market. Asia- Pacific market is estimated to grow as the acceptance of new product, service or device has been increased over years due to awareness among population of Asia-Pacific and their growing economies have also added up to their disposable income capacities.
The key players dominating the anti-aging market include Coty Inc., Personal Microderm, Beiersdorf AG, Photomedex Inc., Lumenis Ltd, Alma Lasers Ltd, Solta Medical Inc., Cynosure Inc., L’Oreal, SA, and Allergan Inc.
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