Global $300+ Billion Anti-Aging Market Analysis & Forecasts to 2025
Jan 16, 2019, 14:15 ET
DUBLIN, Jan. 16, 2019 /PRNewswire/ --
The "Anti-Aging Market by Product - Global Market Size, Share, Development, Growth, and Demand Forecast, 2014-2025" report has been added to ResearchAndMarkets.com's offering.
Anti-aging market is forecasted to generate a revenue of $303.2 billion by 2025, the market is mainly driven by growing geriatric population, rise in technological advancements, growing medical tourism industry, and increasing volume of anti-aging cosmetic procedures.
The different types of products available in the anti-aging market are anti-wrinkle, hair color, UV absorbers, anti-stretch marks and other products. The demand for anti-wrinkle products is expected to observe fastest growth, witnessing a CAGR of 8.4% during the forecast period. The growth is mainly driven by the increasing adoption of different types of dermal fillers and Botox injection for the treatment of wrinkles.
On the basis of device, the anti-aging market is segmented into radiofrequency, laser, anti-cellulite, microdermabrasion and other devices. Radiofrequency devices held the largest share of, 40.5%, in the global market in 2017. These devices have been gaining popularity mainly due to the various benefits offered by these devices. Advantages of radiofrequency devices, such as skin tightening, aesthetic enhancement, cellulite reduction, and body contouring, have increased their adoption rate among consumers.
Among the various treatments, anti-aging products and devices were most commonly used for hair restoration treatments, with 27.4% share in 2017, demonstrating a CAGR of 8.6% during the forecast period. Rising prevalence of hair loss and androgenetic alopecia; and growing appearance consciousness are the major factors contributing to the largest share of this category.
During the forecast period, anti-aging market in APAC is expected to witness fastest growth, due to increasing medical tourism; growing aging population; increasing number of cosmetic procedures; and rising number of conferences and seminars to raise awareness among the consumers. According to The International Society of Aesthetic Plastic Surgery (ISAPS), Japan and India were among the top 10 countries for cosmetic procedures in 2016. With the increasing number of cosmetic procedures, the demand for anti-aging products and devices is expected to increase in the coming years.
Major key players in the global anti-aging market are acquiring other aesthetic based manufacturers to expand their product portfolio for different type of skin conditions. For instance, in September 2018, Syneron Medical Ltd. acquired Ellipse A/S, a Danish medical device company that manufactures and markets laser based and intense pulse light (IPL) platforms for different types of medical and aesthetic skin treatments. This acquisition will help Syneron Medical Ltd. to strengthen its footprints in multi-application space and provide customers a comprehensive product portfolio.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Product
4.1.1.1 Anti-wrinkle
4.1.1.1.1 Botox
4.1.1.1.2 Dermal fillers
4.1.1.2 Hair color
4.1.1.3 Ultraviolet (UV) absorbers
4.1.1.4 Anti-stretch marks
4.1.1.5 Others
4.1.2 By Device
4.1.2.1 Radiofrequency
4.1.2.2 Laser
4.1.2.3 Anti-cellulite
4.1.2.4 Microdermabrasion
4.1.2.5 Others
4.1.3 By Treatment
4.1.3.1 Hair restoration treatment
4.1.3.2 Anti-pigmentation
4.1.3.3 Anti-adult acne therapy
4.1.3.4 Breast augmentation
4.1.3.5 Liposuction
4.1.3.6 Chemical peel
4.1.3.7 Others
4.1.4 By Demography
4.1.4.1 Generation X
4.1.4.2 Baby boomer
4.1.4.3 Generation Y
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Increasing inclination of consumers toward easy to use at-home anti-aging devices
4.2.2 Drivers
4.2.2.1 Increasing number of anti-aging seminars, conferences and campaigns
4.2.2.2 Surge in geriatric population
4.2.2.3 Rising disposable income
4.2.2.4 Technological advancements in anti-aging products and devices
4.2.2.5 Growing medical tourism industry
4.2.2.6 Increasing volume of anti-aging cosmetic procedures
4.2.2.7 Impact analysis of drivers on market forecast
4.2.3 Restraints
4.2.3.1 High cost of anti-aging devices and treatments
4.2.3.2 Stringent regulatory requirements
4.2.3.3 Risk and side-effects associated with the use of anti-aging devices
4.2.3.4 Impact analysis of restraints on market forecast
4.2.4 Opportunities
4.2.4.1 Unmet need for minimally or non-invasive treatments
4.2.4.2 Rising use of social networking and e-commerce platforms
4.3 Porter's Five Forces Analysis
Chapter 5. Global Market Size and Forecast
5.1 By Product
5.1.1 Anti-Wrinkle Market, by Type
5.2 By Device
5.3 By Treatment
5.4 By Demography
5.5 By Region
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. LATAM Market Size and Forecast
Chapter 10. MEA Market Size and Forecast
Chapter 11. Competitive Landscape
11.1 Product Benchmarking of Key Players
11.2 Global Strategic Developments of Key Players
11.2.1 Mergers and Acquisitions
11.2.2 Product Launches and Approvals
11.2.3 Partnerships and Collaborations
11.2.4 Other Developments
Chapter 12. Company Profiles- The Procter & Gamble Company
- Nu Skin Enterprises Inc.
- Lumenis Ltd.
- Hologic Inc.
- Syneron Medical Ltd.
- Home Skinovations Ltd.
- Allergan plc
- The Este Lauder Companies Inc.
- Coty Inc.
- L'Oral S.A.
- Orlane S.A.
- Age Sciences Inc.
- Alma Lasers GMBH
For more information about this report visit https://www.researchandmarkets.com/research/9k6m67/global_300?w=5
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