Title: Anti-Aging Drugs and Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2024
1Anti-Aging Drugs and Devices Market Size,
Industry Analysis Report, Regional Outlook from
2017 to 2024. Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Regional Analysis of Anti-Aging Drugs and Devices
Market
- Baby boomers are the major target for anti-aging
drugs and devices market players due to their
significant share of old-age population coupled
with substantial disposable wealth and high
consciousness about appearances. - Women of millennium generation also use
anti-aging devices such as anticellulite
treatment products for treating cellulite
problems. - Women ages 25-34 years have concern for wrinkles,
dark spots, and damaged skin occur due to UV
rays. - As per American Society of Plastic Surgeons,
number of customers looking for Botox injections
raised by 700 from 2000. - Growing geriatric population and demand for
minimum invasive methods offering rapid results
will drive the U.S. anti-aging drugs and devices
market during the forecast period.
3- In 2015, 18.9 of European population were above
65-year age. - Increasing geriatric population and the old
population consciousness about their looks and
appearance and affordability to purchase products
will drive the European industry. - Companies operating in the anti-aging drugs and
devices market include PrivateLabelSk, Allergan,
Johnson and Johnson, Alma Lasers, Photomedex,
Estée Lauder, Lumenis, Solta Medical, Beiersdorf,
Cynosure, Procter Gamble and L'Oréal. The
industry has witnessed number of strategic
alliances and mergers and acquisitions.
4Competitive Market Share of Anti-Aging Drugs and
Devices Market
- High cost associated with products and lack of
reimbursement may hamper the anti-aging drugs and
devices market growth in the coming years. - Side effects associated with the products and
fake products can further impede the demand. - For instance, anti-aging creams containing
chemicals like TEA, DEA and MEA may cause kidney
and liver cancer if used for prolonged period. - Skin-care related products are predicted to
dominate the anti-aging products segment. Botox,
a purified form of botulinum toxin A, is used to
get rid of wrinkles and tightening of skin
without invasions. - Treatment of Botox eliminates need of invasion
and effect lasts for 2-6 months. The treatment
has shown very minute side effects. For instance,
in less than 1 cases, side effects like pain at
the site of injection, bruising, and headaches
may appear.
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