The global anti-aging services market size was US$ 12.3 billion in 2021. The global anti-aging services market size is estimated to reach US$ 20.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2030.
Aging causes degeneration of the body over time, which affects health physical appearance, and fitness. They are non-invasive aesthetic procedures particularly designed to lower the signs of aging including fine lines, uneven skin tone, wrinkles, open pores, and loss of facial volume.
These services apply to both genders men and women. Hospitals, dermatology clinics, and beauty salons provide anti-aging services such as dermal fillers, botulinum toxin injections, facial rejuvenation, chemical peels, laser skin resurfacing, micro-ablative resurfacing, full field ablative, and others.
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Factors Affecting Marketing Growth
The rising urge to look beautiful cause an increase in the adoption of anti-aging services treatment in the female population which drives the growth of the global market.
The rise in self-awareness in the geriatric population regarding the availability of anti-aging services and the effectiveness of these services drives the growth of the global market.
The high cost of anti-aging services is expected to hinder the growth of the global market.
Impact on COVID-19 Analysis
The COVID-19 outbreak had a negative impact on the growth of the global anti-aging services market. Implementation of the lockdown, due to the pandemic resulted in a decline in the number of patient visits for anti-aging services during the pandemic. Moreover, the cancellation of non-emergency aesthetic techniques such as botulinum toxin, dermal filler, chemical peels, and facial rejuvenation hinder the growth of the global market.
Regional Analysis
North America market was dominant, in terms of revenue in 2021, due to an increase in the number of anti-aging services procedures, a rise in the number of approvals for anti-aging services products, the presence of the anti-aging service industry, and advancements in the medical aesthetic sector.
Asia-Pacific was the second-largest contributor to the growth of the global market in 2021 and is expected to register the fastest CAGR during the forecast period, due to an increase in awareness among the geriatric population regarding aesthetic appearance and growth in healthcare expenditures.
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Leading Competitors
The prominent players in the global anti-aging services market are:
Sinclair Pharma
Pure Luxe Medical
Oliva Skin and hair clinic
Hairline International Hair and Skin Clinic
Glow Anti-Aging Clinic
Pure Luxe
Elan aesthetics Inc
Estique clinic
Aesthetic Solutions Inc
Clinical Skincare
Others
Segmentation Analysis
The global anti-aging services market segmentation focuses on Type, Gender, Application, Service Provider, and Region.
Segmentation on the basis of Type
Chemical Peels
Botulinum Toxin
Dermal Fillers
Others
Segmentation on the basis of Gender
Female
Male
Segmentation on the basis of Application
Fine lines and wrinkles
Aged hand
Sagging skin
Others
Segmentation on the basis of Service Provider
Hospitals
Specialty and Dermatology Clinics
Others
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Anti-Aging Services market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Anti-Aging Services market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Anti-Aging Services market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Anti-Aging Services business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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