(PharmaNewsWire.Com, May 17, 2017 ) Asia-Pacific Anti-Aging research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 6.84% to reach USD 62.64 billion by 2021, from USD 45 billion in 2016, which amounts to a cumulative growth of USD 17.64 billion.
Anti-Aging Market refers to preventing, slowing or reversing the process of aging. Anti-aging medicine refers to prevention, early detection and treatment of diseases related to age of the humans.
As our human body is made up of cells, the process of aging occurs on the death of the cells. At various stages of life such as infant, child and young adult the cells in the body are strong and can replicate new cells. As the age passes by and humans become older the body’s capability to generate new cells reduces and there’s occurrence of death of the cell thereby, it leading to aging process. Internationally, the target consumers are above-50 age of people in the Global Anti-Aging Market. The US is set to devote almost 20% of its GDP on healthcare by 2017, a higher proportion than any other developed country. The report also presents detailed analysis of multitude of factors affecting the diagnostic imaging market bearing either positive or negative outcomes. Some of those factors are • Increasing of aged population, • Increasing demand for anti- aging treatments, • Improving healthcare infrastructure in developing markets, • Advancements in skin care technology, • Lack of awareness about anti-aging medications, • Lack of skilled professionals.
For granular level understanding the Anti-aging Market is segmented based on demographics, products, services and devices, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Demographics the market is segmented as Baby Boomers, Generation X and Generation Y. Based on Products it is segmented into UV Absorbers, Anti-Wrinkle Products, Anti-Stretch Marks Products, Natural Products and Hair Colour. Based on Services the market is further segmented into Anti-Pigmentation Therapy, Adult Acne Therapy, Breast Augmentation, Liposuction Services, Abdominoplasty, Chemical Peel, Eye-Lid Surgery, Hair Restoration and Sclerotherapy. Based on Devices the market is furthermore segmented into Anti-Cellulite Treatment Devices, Microderm Abrasion Devices, Laser Aesthetic Devices and Radiofrequency Devices. India and China are the major economies which have unexplored customer base covered in the study. The report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific. Baby boomer demographics are estimated to possess the major chunk of the Asia-pacific Anti-aging market.
Some of the key players that operate in the Asia-Pacific Anti-aging market include Coty Inc., Personal Microderm, Beiersdorf AG, Photomedex Inc., Lumenis Ltd, Alma Lasers Ltd and Solta Medical Inc. Due to technological advancements and end-user preferences there is an increase in the competition among key players.
The Asia- Pacific Anti-aging market report offers wide-range of scope: • Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries • Know more about key areas of industry growth via detailed Segment-level analysis on basis of demographics, products, services and devices along with market size forecasts and y-o-y estimations • Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics • Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics • Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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