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Anti-ageing Drugs Market Trends, Key Players, Growth Analysis, Top Manufacturers, Segmentation, Forecast Research, and Industry Demand by 2027

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Tejender kumar
Anti-ageing Drugs Market Trends, Key Players, Growth Analysis, Top Manufacturers, Segmentation, Forecast Research, and Industry Demand by 2027

The global anti-ageing drugs market is showing the significant growth; mainly due to increase in ageing population, growing demand for anti-aging drugs, and influence of media and fashion industry. As per World Health Organization (WHO) estimates, by 2020, the number of people aged 60 years and older will outnumber children younger than 5 years and by 2050, 80% of older people will be living in low- and middle-income countries.

Companies are showing much interest toward the anti-aging drugs market, as they feels there are huge opportunity and gap between the market demand and supply of effective treatments. Thus, companies are showing more interest in merger and acquisition activities for introducing best drugs that meet the requirement of market. The development has been made by Johnson & Johnson in 2016, when they announced the acquisition of NeoStrata Company, Inc., for getting the global leadership and deliver advanced skin care drugs to consumers around the world. Also, in 2015, The Estée Lauder Companies Inc. announced the completion of its acquisition of GLAMGLOW. These acquisition will leads to innovation in better way and help them to compete there competitor with more effective manner. Johnson & Johnson try to feel the gap along with market players such as GlaxoSmithKline plc (U.K), Johnson & Johnson, Nu Skin, Novartis AG, RGP Life Sciences, The Estée Lauder Companies Inc., Bayer Pharma AG, L'Oréal S.A., Elysium Health In

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Competitive Analysis:

Some of the major companies in the global anti-aging services market include Allergan Inc., Alma Lasers, Beiersdorf AG, Cutera Inc., Cynosure Inc., Elizabeth Arden, Estee Lauder Inc., Lumenis, Procter & Gamble, Solta Medical Inc.

Segmentation:

The anti-aging services market is segmented on type of service, service provider, and region. 

Based on type of service, the market is segmented into breast augmentation, microdermabrasion, liposuction, sclerotherapy, chemical peel, intense pulsed light, dermal fillers, Botox treatment, and others. Among these, the microdermabrasion segment held largest share in the global anti-aging services market in 2017 and is estimated to remain larger share holder in the coming years. This growth is attributable to the wider acceptance of the procedure, better patient compliance, increasing acceptance in different regions. Additionally, the better results are estimated to remain as a trend in coming years, which is likely to benefit the market growth. 

By the service providers, the market is segmented into dermatology clinics, hospitals, salons, and others. Of these, the dermatology clinics segment held larger share in the global market for anti-aging services market in 2017 and is anticipated to account remain dominant in the global anti-aging services market during the forecast period. 

Regional Analysis:

Regionally, the anti-aging services market is segmented into the Americas, Asia Pacific, Europe, and Middle East & Africa. Of these, the Americas is likely to be most lucrative region in the global anti-aging services market on the back of the well-established healthcare infrastructure and high awareness toward the body aesthetics. Additionally, the factors such as high disposable income coupled with increasing acceptance of the anti-aging services especially in the U.S are estimated to benefit the market growth in coming years. Furthermore, the huge influence of fashion, beauty, and aesthetic services are fueling growth of the global anti-aging services market in the region. 

Europe is estimated to hold the second largest share in the global anti-aging services market owing to popularity of these services and increasing geriatric population. However, the market in the Asia Pacific is estimated to witness fastest growth during the predictable years owing to increasing disposable income, beauty consciousness, and growing demand for cost-effective anti-aging service in the region. Additionally, increasing availability of these services along with awareness about its benefits is fueling the market growth. 

Industry News: 

In 2019, ProMD Health has expanded in Arlington, after eight years of success in Baltimore and Annapolis. These services are offering the personalized medicinal approach to help patients look younger and feel younger through complete suite of facial transformation, lifestyle services, and hormone optimization therapy. 

In 2019, ActivLayr introduced its advanced and easiest Nano-collagen under eye firming masks, which are the most effortless way to treat signs of aging around eyes. These masks help them to look younger and act as a quickest anti-aging agent based on the bio-actives dermal delivery system. 

List of Figures

FIGURE 1 GLOBAL ANTI-AGEING DRUGS MARKET BY DRUG CLASS MARKET SHARE, 2020 (%) 11

FIGURE 2 GLOBAL ANTI-AGEING DRUGS MARKET BY APPLICATIONS MARKET SHARE, 2020 (%) 11

FIGURE 3 GLOBAL ANTI-AGEING DRUGS MARKET BY REGION MARKET SHARE, 2020 (%) 12

FIGURE 4 GLOBAL ANTI-AGING DRUGS MARKET: MARKET STRUCTURE 14

FIGURE 5 RESEARCH PROCESS OF MRFR 15

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.

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