Press release
Anti-Aging Market To Reach Double-Digit Growth By 2021
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Citing an instance, on August 14, 2018, researchers at the University of Exeter claimed that they were successful in reversing the aging process in cells. The strategic move is likely to help individuals stay healthy along with raising their lifespan. For the record, medical research has proved that as one gets old, the ability of proteins to produce splicing factors in the individual diminishes steadily. This results in a slowing of the old cells activity of turning genes off & on in response to the environmental factors making the individual more prone to chronic ailments and reduces his lifespan.
According to study, the anti-aging market, worth US$ 140.3 billion in 2015, is expected to register a CAGR of 7.5% during the period of 2016–2021 and touch approximately US$ 216.52 billion by end of forecast timeframe.
Technological Innovation & Rising Anti-Aging Awareness To Boost Growth
“Rising old population and elevated consumer demand for anti-aging products are projected to boost the growth of Anti-Aging Market over the forecast timeframe,” says a research analyst at ZMR. Stringent legislations have resulted in the launching of safe & effective anti-aging goods & services and are likely to boost the market trends. However, low confidence among the customers regarding the effectiveness of anti-aging products & services is projected to hinder anti-aging market development over the coming years, states the research report.
The Asia Pacific To Dominate The Regional Landscape
The geographical segmentation of the global anti-aging market is also discussed in this research report. North America, Asia Pacific, the Middle East and Africa, Latin America, and Europe have been considered as the key regional markets for anti-aging products & services for the study.
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Asia Pacific anti-aging market is projected to experience an elevated growth over the next few years, owing to the approval of innovative anti-aging devices, services, and products. India and China are predicted to be the revenue pockets of the region. On another hand, Europe, which had contributed immensely towards overall market size in 2015, is likely to continue making substantial contributions towards anti-aging market even in the future. The growth is attributed to rising consciousness about anti-aging products & services among the European population.
North America, which dominated the anti-aging market in 2015, is projected to augment the market growth over the coming years, subject to mounting awareness about aging signs & rise in obesity across the region. Furthermore, new product development is anticipated to spur anti-aging market growth over the years to come.
The global Anti-Aging Market is segmented as follows:
By Age
Baby Boomer
Generation X
Generation Y
By Product
Botox
Anti-Wrinkle Products
Anti-Stretch Mark Products
Others
By Services
Anti-Pigmentation Therapy
Anti-Adult Acne Therapy
Breast Augmentation
Liposuction
Chemical Peel
Hair Restoration Treatment
Others
By Device
Microdermabrasion
Laser Aesthetics
Anti-Cellulite Treatment
Anti-Aging Radio Frequency Devices
By Region
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
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