Anti-Aging Market to Witness Robust Growth Throughout the Forecast Period
by Vijay K. Web Marketing The anti-aging market size is set to cross $219.0 billion by 2025. Technological advancements, increase in volume of anti-aging procedures, growing aging population and increase in disposable income have been driving the anti-aging industry. The market is further expected to gain revenue due to increase in anti-aging awareness campaigns. For instance, EuroMediCom organized the 15th Aesthetic & Anti-Aging Medicine World Congress from 6th April to 8th April, 2017, in Monaco.In terms of treatment, the anti-aging market is segmented
into hair restoration, anti-pigmentation, anti-adult acne, liposuction, breast
augmentation, chemical peel, and others. Hair restoration is expected to be the
largest segment in the global market in 2025. One of the major factors driving
the growth of the hair restoration market is significant increase in the number
of hair transplantation procedures.
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In terms of demography, the anti-aging market is classified into generation X, baby boomer, and generation Y. Generation X is expected to be the largest segment in the global market in 2025. Increase in the volume of aesthetic procedures on generation X is going to drive the growth of the market.The major players in the anti-aging market are launching new
products to improve their position in the market. For instance, in November
2016, Cynosure, Inc. received the clearance of its next-gen platform
technology, Icon Aesthetic system from China Food and Drug
Administration(CFDA). This technology platform is going to provide various
treatments including facial vessel and pigment clearance, wrinkle reduction,
scar and stretch mark treatment through a single system.
Some of the key players in the anti-aging market
include The Proctor & Gamble Company, Beiersdorf AG, Allergan Plc., The
Estee Lauder Companies Inc., Nu Skin Enterprises, Inc., Coty Inc., Cynosure,
Inc., Lumenis Ltd., Syneron Medical Ltd., Photomedex Inc., Orlane, Personal
Microderm and Alma Lasers Ltd.
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Created on Oct 17th 2019 04:49. Viewed 329 times.