Market Research Report
Global Anti-Aging Market-Technologies, Market share and Industry Forecast to 2024
|Published by||Occams Business Research & Consulting Pvt. Ltd.||Product code||745708|
|Published||Content info||240 Pages
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|Global Anti-Aging Market-Technologies, Market share and Industry Forecast to 2024|
|Published: October 24, 2018||Content info: 240 Pages||
Global anti-aging market is anticipated to grow with an attractive CAGR of 6.0% during 2017-2024. Major drivers are enhancing the global anti-aging market, such as rise in aging population, rising disposable income, increase in obesity, and high awareness about aging signs. On the other hand, stringent government regulation and side-effects involved in the use of some anti-aging products are the factors is expected to restraint the anti-aging market. Moreover, increasing awareness of anti-aging products and technological advancements in anti-aging services are the opportunity factors of the global anti-aging market. Increasing consumer preference for natural and organic products and increasing inclination of consumers toward home remedies are creating challenges for anti-aging market worldwide.
The anti-aging market is segmented on the basis of demographics, products, services and devices. On the basis of devices, the segment is subdivided into anti-cellulite treatment devices, aesthetic laser devices, microderm abrasion devices, and radiofrequency devices. On the basis of products, the market is subdivided into anti-wrinkle products, anti-stretch marks products, anti-stretch products, hair color and UV absorbers. On the basis of demographics, the market is subdivided into baby boomers, generation X, and generation Y. On the basis of services, the segment is subdivided into adult acne therapy, abdominoplasty,anti-pigmentation therapy, breast augmentation, liposuction services, chemical peel, eye-lid surgery, hair restoration, and sclerotherapy.
On the basis of geography, the global anti-aging market is segmented into four major regions such as North America, APAC, Europe and RoW. Currently, North America is accounted to be the largest market share for anti-aging market due to major presence of anti-aging companies and changing lifestyle of people & dietary habits in the region. Apart from this, Asia-Pacific is the most significant high growth market due to increasing awareness of anti-aging products & rise in aging population which is anticipated to urge the growth of anti-aging in the region. Europe is the second fastest growing region due to high awareness about aging signs and increasing obesity which is anticipated to urge the growth of anti-aging in the region.
Global anti-aging market is driven by the existence of some the prominent player in the market, such as Photomedex Inc, Lumenis Ltd, Personal Microderm Coty Inc., Alma Lasers Ltd, and Solta Medical Inc. Acquisitions, mergers, expansions, joint ventures and product development are the key strategies adopted by the market players to sustain in the market.