Anti-Aging Market Size, Share and Demand Forecast to 2020 Anti-Aging Market | Page 2

Global Anti-Aging Market Size, Share, Development, Growth and
Demand Forecast to 2020

The global anti-aging market is growing significantly due to upsurge in geriatric population and innovation of
effective and technologically advance anti-aging products and devices. According to the World Health
Organization, the population of 60 years and above is expected to rise to 15% in 2050; thus it would show
immense inclination towards the anti-aging products and services, which further propels the growth of anti-aging
products and devices in market. The unexplored market in anti-aging industry of developing economies is creating
abundant opportunities for the anti aging market to grow at a considerable rate during the projected years. In
addition, the advanced research and development facilities, and innovative product developments by the
companies are propelling the growth of the anti-aging industry.
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Aging is caused due to biomedical changes in the body. It can be natural aging or extrinsic aging. Natural aging is
caused due to natural processes, such as reduced collagen and elastin production, declined cellular regeneration,
and reduced exfoliation, leading to thinning and sagging of skin, hyperpigmentation, age spots and dry skin.
Whereas extrinsic aging is caused due to ultraviolet exposure for long duration, alcohol consumption, and poor
diet such as lack of antioxidants vitamins. Advancement in plastic surgery, cosmetology and dermatology are
increasing the ways to mask aging signs.
The anti-aging market is categorized on the basis of products, services and devices. On the basis of products, the
market can be categorized as anti-wrinkle products, hair color, anti-stretch mark products, and UV absorbers.
Anti-wrinkle products are further segmented on the basis of type as dermal filters, and botox. The anti-aging
products lead the market in terms of revenue, due to increasing efficacy and safety of anti-aging products.
On the basis of services the market can be segmented as adult acne therapy, ant-pigmentation therapy,
sclerotherapy,

eye-lid

surgery,

breast

augmentation,

hair

restoration

services,

liposuction

services,

abdominoplasty, and chemical peel. Further, on the basis of devices, the market is categorized as radiofrequency
devices, anti-cellulite treatment devices, laser aesthetic devices and microderm abrasion devices.
Some of the factors driving the growth of the global anti-aging market are increasing aging population, increasing
personal care expenditure, upsurge in sedentary lifestyle, and innovation of safe and effective anti-aging products
and services. In addition, increasing prevalence of obesity, increase in disposable income, and increasing
awareness of aging signs are also some of the factors fuelling the growth of the global anti-aging market in the
forecasted period. However, strict regulatory requirements and side effects of anti-aging products are some of the
factors restraining the growth of the global anti-aging market to some extent.

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