The Anti-Aging Services market is anticipated to reach USD 12.5 Billion by 2030 at 5.4% CAGR during the forecast period 2022-2030. Anti-ageing is used to fight the signs of ageing. It can be skin ageing, wrinkles and sagging skin. However, most of these services used for treatment are of ageing symptoms. However, people use it to reduce the signs of ageing. The most common causes of skin ageing are sun damage and rigorous exposure to free radicals. It is natural that with time the skin naturally ages, and people may notice the signs when they start entering the age of thirty-five to fifty. As most anti-ageing procedures and services are for cosmetic regions, they are not covered by insurance. Some anti-ageing benefits are microdermabrasion, liposuction, chemical peeling of the skin, and breast augmentation. Anti-ageing targets a lot of things. It is not only for those who want to decrease the signs of ageing but also for young people who want to delay the ageing process. Many people are exposed to the environment, and the ageing process is decreasing for other reasons. The rise in the ageing population is one of the major driving factors. In the forecast period, it will hold the required growth.
The anti-aging services market has been segmented into type of service and service provider.
Based on type of service, the anti-aging services market has been segmented into microdermabrasion, breast augmentation, liposuction, chemical peel, sclerotherapy, intense pulsed light, Botox treatment, dermal fillers, and others. The microdermabrasion segment is expected to account for the largest share in the anti-aging services market in 2017. This large share is majorly attributed to the wider acceptance of the procedure, increasing acceptance in different regions, better patient compliance and better results as compared to other services. The liposuction segment is projected to hold the second largest market during the forecast period of 2018 to 2023.
Based on service providers, the anti-aging services market has been segmented into hospitals, dermatology clinics, salons, and others. The dermatology clinics segment is expected to account for the largest share in the anti-aging services market in 2017 followed by hospitals segment. The major share of the dermatology clinics is mainly attributed to the wide range of anti-aging services provided by these specialty clinics and
Based on the regions, the market for hair removal devices is segmented into, the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The anti-aging services market in the Americas region has further been segmented into North America and Latin America, where-in the North American market is further divided into the US and Canada.
European Anti-aging Services Market has been segmented into Western Europe and Eastern Europe where-in Western Europe region is further divided into Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Market in the Middle East & Africa has been segmented into regions such as the Middle East and Africa.
Regional Market Summary
Geographically, the Americas is anticipated to dominate the anti-aging services market owing to the well-developed healthcare infrastructure, high disposable income, high awareness about the body aesthetics, and increasing adoption of the anti-aging services by people in the US. Moreover, the huge influence of the fashion and film industry in the US has played an important role in generating demand for the beauty and aesthetic services including anti-aging. All these factors are responsible for the growth in the region.
Europe is expected to hold the second largest market share in the anti-aging services market. The anti-aging services market growth in this region is majorly attributed to the growing popularity of aesthetic treatments, a high number of old age people, and increasing acceptance of anti-aging treatments in the region. Similarly, the Asia-Pacific region has observed a rapid growth in the market owing to the growing disposable income and demand for cost-effective anti-aging service. Besides, increasing beauty consciousness in developing countries and rapidly growing medical tourism industry is also expected to generate growth opportunities in the untapped markets of the Asia-Pacific region. The Middle East & Africa region is anticipated to show minor growth opportunities in the market during the forecast period.
Market Of Anti-Aging Services, by Key Players
Recent Development
In May 2022
Eyden Skin is thrilled to announce to the Dallas community that they are opening their new medspa downtown. They are a full-service medspa and offer various spa services, including cosmetic injectables, skin treatments, IV therapy, vitamin injections, and hair restoration.
4Ever Young Anti-Aging Solutions hosted a ribbon-cutting ceremony in Parkland, adding a third corporate location to a heavy-hitting portfolio that includes locations in Ft. Lauderdale and Boca Raton. A brand that began expansion in 2017 has 8 franchises in operation. It is looking to welcome over 50 by the end of the year.Intended Audience
| Report Attribute/Metric | Details |
| Market Size | USD 12.5 Billion |
| CAGR | 5.4% |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type of Service, Service Provider And Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Allergan Inc., Alma Lasers , Beiersdorf AG, Cutera Inc., Cynosure Inc., Elizabeth Arden, Estee Lauder Inc., Lumenis, Procter & Gamble, Solta Medical Inc |
| Key Market Opportunities | People use it to reduce the signs of ageing |
| Key Market Drivers | Rise in the ageing population |
Anti-Aging Services Market Highlights:
Frequently Asked Questions (FAQ) :
The global anti-aging services market was valued at USD 12.5 Million in 2030.
The market is expected to exhibit a strong 5.4% CAGR over the forecast period.
The increasing geriatric population is likely to be the major driver for the global anti-aging services market.
The high cost of some procedures and the risk of adverse side effects are the major restraints on the global anti-aging services market.
The Americas and Europe dominate the global anti-aging services market due to the growing geriatric population in the region and the high disposable income of the same.
Research Analyst Level I He is an extremely curious individual currently working in healthcare and medical devices domain. kinjoll is comfortably versed in data centric research backed by healthcare educational background. he leverages extensive data mining and analytics tools such as primary and secondary research, statistical analysis, machine learning, data modelling. his key role also involves technical sales support, client interaction and project management within the healthcare team. lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.
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