Anti-aging Services Market By Type (Microdermabrasion, Liposuction, Breast Augmentation, Chemical Peel, Sclerotherapy, Botox, Dermal Fillers and Others), By Demographics (Baby Boomers, Generation X and Generation Y) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

The anti-aging services market is set to reach from US$ 22,518.8 Mn in 2017 to US$ 35,597.9 Mn by 2026 at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2018 to 2026. Aging is a biological process of becoming older which is characterized by changes in physical appearances such as greying of hair, wrinkles on face, saggy skin and decreased skin tone and texture. Oxidative stress and unhealthy eating habits stimulates the formation of free radical species which promotes cellular aging. Rising external appearance consciousness and availability of diverse range anti-aging products drive the anti-aging services market growth. 

Market Synopsis

Anti-aging Services Market

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"Increasing obesity and technological advancement has led to the market growth for liposuction procedures"

Liposuction procedures are reigning the type segment for anti-aging services market. The key attributes responsible for its increasing demand are rising prevalence of obesity due to unhealthy lifestyle and craving for junk food. Technological advancement in the surgical procedures related to liposuction of abdominal fat and proactive marketing via social media consolidates the liposuction procedure market growth. Botox are gaining tremendous attraction from baby boomer population and recent announcement of positive clinical trial studies of botox high dose tolerance in patients suffering with glabellar lines.

Anti-aging Services Market

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"Increasing aging process due to stressful lifestyle and active participation on social media bolster generation X market growth for anti-aging services"

Generation X is dominating the demographics segment for anti-aging services market. The generation born between 1965 to 1980 are called as generation X. Currently they are being exposed to immense stress at workplace and are highly active on social media platform, hence increasing anti-aging products brand awareness among their population base. Generation Y is set to enjoy rampant growth during the forecast period owing to increasing demand for popular luxury skincare brand such as Elizabeth Arden and Estee Lauder. It comprises of millennial consumers which actively follow latest fashion trend, and growing consciousness for external appearance consolidates the anti-aging services market growth.

Anti-aging Services Market

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"Rising aged population and increasing demand for physical aesthetics and wellness drive the market growth in North America"

North America is the supreme leader in the regional segment for anti-aging services market. It holds a market share of 33% due to key factors such as rising aged population and increasing demand for physical appearance and wellness. Domicile of major players providing anti-aging services such as Allergan, Inc., Procter & Gamble, Lumenis, Ltd. etc. bolster the market growth in North America region. Europe is accountable for 30% market share and is the second largest regional market. Large disposable income and increasing brand awareness for luxury and beauty products propel the anti-aging services market in Europe. Asia Pacific currently holds 20% share and is set to register impressive growth in the near future owing to proactive utilization of social media platform to promote anti-aging business propaganda and rise in per capita income.

Historical & Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

Anti-aging Services Market

Report Scope by Segments

The market segmentation comprises of by type, by demographics and geography.

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million
Segmentation

 By Type (2016–2026; US$ Mn)
 • Microdermabrasion
 • Liposuction
 • Breast Augmentation
 • Chemical Peel
 • Sclerotherapy
 • Botox
 • Dermal Fillers
 • Others

 By Demographics (2016–2026; US$ Mn)
 • Baby Boomers
 • Generation X
 • Generation Y

 Geography Segment (2016–2026; US$ Mn)
 • North America (U.S., Canada)
 • Europe (U.K., Germany, Rest of Europe)
 • Asia Pacific (China, Japan, Rest of Asia Pacific)
 • Latin America (Brazil, Mexico, Rest of Latin America)
 • Middle East and Africa (GCC, Rest of MEA)

Pharmaceutical companies providing anti-aging services market are Allergan, Inc., Elizabeth Arden, Procter & Gamble, L’Oreal SA, Cynosure SA, Age Sciences, Inc., Estee Lauder, Inc., Solta Medical, Inc., Beiersdorf AG and Lumenis, Ltd. 

Key questions answered in this report

  • Which pharmaceutical companies are providing anti-aging services?
  • What are the latest merger, acquisition and strategic collaboration taking place among key players in anti-aging services market?
  • What are the factors engaged in the biological process of aging?
  • What are the reasons for increasing demand of liposuction surgical procedures in anti-aging services market?
  • What is generation X and generation Y and how do they influence the anti-aging services market growth?
  • What is the market size of developed regions of North America and Europe?
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Published Date:  Mar 2019
Category:  Medical Devices
Report ID:   59625
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
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