Browse key industry insights from the report “Anti-Aging Drugs and Devices Market
Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France,
Italy, China, Japan, India, Brazil, Mexico, South Africa, Saudi Arabia), Application Growth
Potential, Competitive Market Growth & Forecast, 2017 – 2024” in detail along with the
table of contents:
https://www.gminsights.com/industry-analysis/anti-aging-drugs-and-devices-market
Radiofrequency is used to enhance luminosity of skin, face & neck lifting, removal of
dark circles and improve skin tone. Traditionally, the treatment was painful and less
effective. However, new technologies have enabled safe and more effective treatment
using radio frequency devices. Microdermabrasion uses exfoliation to remove top dead
and uneven skin layer. Lasers are mostly used for smoothing of wrinkles as well as fine
lines. FDA has sanctioned use of smooth beam laser used in office treatment for treating
acne.
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.
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.
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