The major driving factors for the anti-aging market are the rising number of awareness-raising seminars and conferences, surging geriatric population, increasing disposable income, technological advancements, expanding medical tourism sector, and escalating cosmetic surgery volume.
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Under segmentation by treatment, the market is classified into anti-pigmentation, hair restoration, breast augmentation, adult acne therapy, chemical peel, liposuction, and others, wherein photorejuvenation, eyelid surgery, and sclerotherapy are included under ‘others’. The industry was dominated by the hair restoration classification in 2019, as hair loss is the most-easily visible sign of aging. With the increasing geriatric population, the volume of hair transplant surgeries is rising around the world, thereby propelling the advance of this industry classification.
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North America is the highest revenue contributor to the anti-aging market currently, due to its rising plastic surgery volume, booming geriatric population, and increasing popularity of non-surgical cosmetic procedures and sales of at-home anti-aging products. Asia-Pacific (APAC) would witness the fastest industry advance in the next decade, owing to the rising number of elderly people, cosmetic surgeries, and conferences and seminars, which are helping raise awareness about the various products and treatments available.
This study covers
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
- Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders