Global Anti-Aging Products, Services and Devices Market - Impact of Coronavirus (Covid-19) Pandemic

Anti-Aging Products, Services and Devices Market


 Anti-Aging Products, Services and Devices Market

Anti-aging products, services, and devices market are those that are used to lessen the masking of signs of age and prevent them from appearing.

Acne treatment, skin resurfacing, and anti-pigmentation are all possible with these products.

These products aid in the treatment of skin aging as well as other skin-related issues such as acne and wrinkles.

In terms of revenue, the Global Anti-Aging Products, Services, and Devices Market is expected to surpass US$ 379,015.3 million by the end of 2028, rising at a CAGR of 7.8% throughout the forecast period (2021 to 2028).

Drivers

The expanding aging population is a major element driving the anti-aging products, services, and technologies market.

Anti-aging products are becoming more popular among the elderly.

According to the World Health Organization, the world's population of people aged 60 and more will reach 2 billion by 2050, up from 900 million in 2015.

Furthermore, by 2050, 80% of the world's elderly would reside in low- and middle-income countries.

As a result, the expansion of the anti-aging products, services, and technologies market is fueled by the aging population.

Restriction on the Market

Corrective cosmetic surgery adoption is being hampered by the rising desire for invasive procedures.

Invasive cosmetic procedures have a faster recovery time and fewer post-surgery complications.

The market for Anti-Aging Products, Services and Devices Market is projected to be hampered as a result of this.

Opportunities in the Market

Over the forecast period, rising consumer spending on anti-aging surgical cosmetic operations is expected to create enormous market potential.

Market Developments

The increasing popularity of liposuction treatments as a result of social media's influence is expected to boost the market for anti-aging products, services, and technologies.

The Anti-Aging Products, Services, and Devices Market are also predicted to rise in response to people's growing interest in improving their physical appearance, as well as customers' increasing disposable income.

Competitive Section

Key players are operating in the Global Anti-Aging Products, Services, and Devices Market are Allergan, Inc., Alma Laser, Coty Inc., Beiersdorf AG, Cynosure, L’Oréal SA, Lumenis, Photomedex, Personal Microderm (PMD), and Solta Medical, Inc.

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