Anti-Aging Products & Services Market Description
The objective of anti-ageing is to give people the possibility of enjoying an optimal quality of life in old age through technology and increasing further life expectancy. It is not the concept of normal ageing that is the focus of anti-aging medicine, but rather the idea of ageing successfully while maximising performance. 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.
The past decade has witnessed incredible progression of the field of cosmetics. The impact of advanced technologies as well as pharmaceutical methods and drug delivery systems has resulted in the field of cosmetic dermatology.
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Anti-Aging Products & Services Market Outlook
The global anti-aging products and services market is hampered by stringent regulatory environment and scepticism portrayed by consumers towards the use of anti-aging market’s services and products. However, proven advancement in technologies can help create better services and products in future.
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 substantial amount of popularity over the past years, as large number of customers are opting for such anti-aging solutions. Furthermore, strict regulations regarding usage of cosmetic products have led to introduction of safe and efficient anti-aging products and services in the market. Moreover, new product launches and their expanding application areas coupled with favourable reimbursement policies are some of the opportunities which are expected to fuel the growth of this market in coming years.
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Anti-Aging Products & Services Market by End Users:
The growth of hospitals is majorly driven by significant increase in the number of cosmetic procedures worldwide.
Global anti-aging products & services market finds its major end users in hospitals, clinics and home healthcare. 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.
Anti-Aging Products & Services Market 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.
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. The governments of these countries are endorsing medical tourism for cosmetic surgeries, which is believed to be one of the market drivers of these countries in anti-aging products and services market.
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.
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Cosmetic Lasers Market
Cosmetic Surgery and Procedures Market
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