According to the study, the global anti-aging market is expected to witness 8% CAGR during 2017 – 2025. Technological advancements, increase in volume of anti-aging procedures, growing aging pop…
According to the study, the global anti-aging market is expected to witness 8% CAGR during 2017 – 2025. Technological advancements, increase in volume of anti-aging procedures, growing aging population and increase in disposable income have been driving the global anti-aging market.
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The market is further expected to gain revenue due to increase in anti-aging awareness campaigns. For instance, EuroMediCom plans to organize the 15th Aesthetic & Anti-Aging Medicine World Congress from 6th April to 8th April, 2017, in Monaco. Furthermore, EuroMediCom is also going to organize the 4th AMWC Latin America- Aesthetic & Anti-Aging Medicine World Congress from 16th November to 18th November, 2017, in Colombia, South America. EuroMediCom promotes future medical sciences, particularly those related to aging and aesthetics.
There are many technological innovations and advancements taking place in the anti-aging market. Technological advancements in the anti-aging devices and treatments ultimately help in the enhancement of human skin features. These technologically advanced devices can more effectively treat fine lines, wrinkles, sun spots and cellulite to enhance skin appearance. Some of the advantages of technologically advanced devices include non-invasiveness and effectiveness on energy-based solutions. Due to these advantages, the adoption of such devices in hospitals and clinics to treat wrinkles and stretch marks has increased. For instance, in 2016, Cynosure, Inc. received the clearance from China Food and Drug Administration (CFDA) for its next-gen platform technology, Icon Aesthetic System. This technology can provide various treatments, including facial vessel and pigmentation clearance, wrinkle reduction, scar and stretch mark treatment from a single system.
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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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