Global Anti-Aging Market is projected to expand at a CAGR of 7.9% from 2018-2024: BlueWeave Consulting

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According to a new market report published by
BlueWeave Consulting, the global anti-aging
market was
valued at USD 149362.8 million in 2017 and is
projected to expand at a CAGR of 7.9 from 2018 to
2024, by value, reaching around USD 274290.1
million by the end of the forecast period.
According to
the report, North America was the largest
contributor in terms of revenue to the global
anti-aging
market in 2017.
Increase in the aging population is driving the
global anti-aging market.
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Anti-aging Market https//bit.ly/2FnyA3x
Increasing life expectancy and fall in birth rate
are the major causes of an aging population. The
aging
population develops wrinkles due to lack of
nutrients in the body, exposure to UV light,
smoking,
dehydration, medications and other genetic
factors fueling the global anti-aging market.
Globally, aging population plays a major role in
the growth of the anti-aging market. Old age is
associated with loss of fibrous tissue and
reduced vascular and glandular network in the
layers of skin. In
the elderly population, the appearance and
characteristics of the skin gets altered, leading
to wrinkles,
dryness, pigmentary alteration, and sagging of
the skin. In addition, anti-aging products and
devices help
in reducing skin aging, thus giving younger look
to a person by revitalizing and tightening the
skin
leading to the growth of the market
The key driver for the global anti-aging market
is growth in anti-aging awareness campaigns. Major
aspect of peoples life is engrossed by social
media. This campaigns aims to ensure that all
medical
professionals are aware of the latest scientific
research and the recent medical and surgical
advances.
For instance, EuroMediCom has organized the
4thAMWC Latin America- Aesthetic Anti-Aging
Medicine World Congress from 16th November to
18th November 2017, in Colombia, South America.
These conference and seminars, along with social
media, are expected to create awareness among
students, delegates, and plastic surgeons about
advanced anti-aging treatments.
Global Anti-aging Market Scope of the Report
The global market for anti-aging is segmented by
type of product, by type of device, by treatment,
demography, and geography. The type of product is
further segmented into Anti-Wrinkle, Hair Color,
UV
Absorbers, Anti-Stretch Marks and Others. The
type of device is further segmented into
Radiofrequency,
Laser, Anti-Cellulite, and Microdermabrasion.
Treatment segment is bifurcated as Hair
Restoration, Anti-
Pigmentation, Anti-Adult Acne, Liposuction,
Breast Augmentation, Chemical Peel and Others.
Demography is segmented (Generation X, Baby
Boomer, and Generation Y)
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Geographically, the global anti-aging market is
bifurcated into North America, Asia Pacific,
Europe, Latin
America, and Middle East Africa. North America
anti-aging market was the most prominent market
because anti-aging industry is one the major
revenue contributor within the manufacturing
industries.
Thus, the demands for anti-aging products, like
Anti-Wrinkle, Hair Color, UV Absorbers and
Anti-Stretch
Marks will generate higher revenue returns over
the forecast period.
Global Anti-aging Market Competitive Dynamics
Major industry players in global anti-aging
market are adopting different strategic
initiatives such as
mergers and acquisitions, partnerships, and
collaborations for strategic expansion in the
anti-aging
market. For instance, In January 2016, LOréal
unveiled My UV Patch, the first-ever stretchable
skin
sensor designed to monitor UV exposure and help
consumers educate themselves about sun protection.
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Market Segmentation Global Anti-aging Market
Type of Product
?
Anti-Wrinkle
?
Hair Color
? ?
UV Absorbers
Anti-Stretch Marks
Type of Device
?
Radiofrequency
?
Laser
? ?
Anti-Cellulite
Microdermabrasion
By Treatment
?
Hair Restoration
?
Anti-Pigmentation
?
Anti-Adult Acne
? ?
Liposuction
Breast Augmentation
?
Chemical Peel
?
Others
By Demography
? ?
Generation X
Baby Boomer
?
Generation Y
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By Region
?
North America
?
Europe
? ?
Asia Pacific
Latin America
?
Middle East Africa
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Market https//bit.ly/2zYRsCK
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