As per the report titled ‘GLOBAL ANTI-AGING MARKET 2019-2027’, available with Market Study Report, global anti-aging market is estimated to record a yearly growth rate of 7.94% through 2027.
 

Global anti-aging market is driven by spike in geriatric population count, increased pervasiveness of obesity, rising consumer awareness regarding anti-aging products, and emergence of innovative anti-aging treatments. Rising disposable income and increasing demand for hair restoration procedures are adding momentum to the industry expansion.
 

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However, the side-effects associated with anti-aging products are shifting consumer preference towards natural & organic skin care products, hence hampering the revenues. Strict government norms regarding cosmetics and devices, extensive adoption of home remedies, along with complexities of managing cosmetics logistics may impede global anti-aging market trends over the forecast duration.
 

Based on product scope, global anti-aging market landscape is split into UV absorbers, anti-stretch marks, anti-wrinkle, and hair color. In terms of device type, the market is divided into microderm abrasion devices, anti-cellulite treatment devices, aesthetic laser devices, and radiofrequency devices. Speaking of service terrain, the industry is fragmented into adult acne therapy, anti-pigmentation therapy, breast augmentation, abdominoplasty, liposuction services, eyelid surgery, chemical peel, sclerotherapy, hair restoration, and others.
 

Considering the regional landscape, global anti-aging market size is segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. According to trusted projections, North America anti-aging market is projected to display strong growth trends in the forthcoming years. Shifting patient preference from invasive/open surgical treatment to minimally invasive & non-invasive procedures, escalating demand for stand-alone and hand-held anti-aging devices, and favourable reimbursement policies in US and Canada are driving the regional market growth. Additionally, availability of modern healthcare devices and rising public awareness about different types of anti-aging products & devices are pushing the market forward.
 

Top competitors in worldwide anti-aging industry are Revlon, Cynosure (acquired by Hologic), L’oreal S.A., Photomedex, Inc. (acquired by Radiancy, Inc.), Allergan plc, Coty, Inc., Personal Microderm, Syneron Candela, Avon Products, Inc., and Olay (acquired by Procter & Gamble) among others.