Anti-Aging Market to Set significant Growth in Key Regions by 2024
Posted by Yash Chauhan on February 28th, 2019
Aging is a series of biochemical procedures and process of becoming older, a course that is genetically determined and environmentally modulated. Anti-aging is the process and medication to delay or retard the aging process. The global anti-aging market is rising at a significant rate, due to the escalating volume of anti-aging cosmetic procedures, and expanding the geriatric population. Diverse products such as hair color, anti-stretch marks, anti-wrinkle, and ultraviolet absorbers contributed to the anti-aging market size.
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By the basis of product, the market is divided into hair color, anti-stretch marks, anti-wrinkle, ultraviolet absorbers, and others.
On the basis of anti-aging treatment, the market is divided into liposuction, anti-adult acne therapy, breast augmentation, hair restoration treatment, anti-pigmentation, chemical peel, and others.
Due to rising disposable income, the intensifying volume of anti-aging cosmetic procedures, expanding the geriatric population, augmented attentiveness about aging signs, & the boosted need of skin care products are the primary growth drivers for the anti-aging market.
Due to technological advancement in the anti-aging products, escalating inclination of consumers towards effortless to use at-home anti-aging devices, mounting awareness of minimally and non-invasive treatment, escalating medical tourism, and expanding and acceptable usage of e-commerce platform is also facilitating the growth for the anti-aging market.
North America is the largest anti-aging market as in the region the occurrence of obesity is increasing. In addition, augmented attentiveness about aging signs, and increasing geriatric population are also up surging growth of the North American anti-aging market.
Asia-Pacific is observed to witness the fastest growth in the market especially China, India, Thailand, Japan etc due to expanding the geriatric population.
Key players in the anti-aging industry are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe.
The Procter & Gamble Company, Coty Inc., Syneron Medical Ltd., Nu Skin Enterprises Inc., L’Oréal S.A, Allergan plc, The Estée Lauder Companies Inc., Hologic Inc., and Home Skinovations Ltd. are the key players offering anti-aging.
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About the AuthorYash Chauhan
Joined: February 25th, 2019
Articles Posted: 106
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