Restoring the younger looks and thereby finding solutions against signs of aging has been a mission for cosmetologists and health care professionals for centuries. As a result, market for anti-aging products is experiencing continuous growth since decades. Various products and services are perpetually entering into the market to serve the agenda of restoring younger looks.
Presently, various anti-aging products such as UV absorbers, dermal fillers, Botox, anti-stretchmark products, hair color, and anti-wrinkle products are widely used.
The anti-wrinkle products segment was valued at USD 8,088.3 million in 2013 in Asia. The dominance of this segment was primarily due to increasing adoption of anti-wrinkle products among the population. The anti-aging products market in Japan is growing swiftly owing to reasonable costs and rising awareness about the availability of aesthetic products. According to the International Society of Aesthetic Plastic Surgeons (ISAPS), a total of 146,150 Botox injection procedures were registered in Japan in 2010. The number further increased to 208,313 in 2011. Considering all the above mentioned factors, Japan was leading the overall anti-aging products market in Asia in terms of revenue in 2013. While on the other hand, China is expected to show significant growth in the anti-aging products market during the forecast period. Factors such as anticipated rise in the aging population coupled with rising awareness about commercially available anti-aging products are primarily driving the growth of the market in China.
The anti-aging services market is growing rapidly in Europe owing to steady recovery from the economic crisis, and consequently, rising disposable income and increasing demand. Italy was a leader in the anti-aging services market in the overall Europe in 2013 due to higher demand for breast augmentation and hair restoration treatments. While on the other hand, Spain anti-aging services market is expected to record highest growth during the forecast period. Adoption of sclerotherapy is anticipated to primarily boost the growth of the Spain anti-aging treatment services market owing to the increasing prevalence of varicose vein due to aging and obesity. The growth of the geriatric population coupled with rise in obesity are some of the other factors driving the growth of sclerotherapy services segment in the country.
Brazil dominates the aesthetic procedures industry among South American countries. Brazil registered 1,447,213 aesthetic procedures in 2011. Affordable rates, availability of advanced techniques and a well-defined regulatory infrastructure are the prime drivers for the growth of the aesthetic industry in Brazil. As a result, people around the world travel to Brazil for aesthetic treatment. Thus, increasing demand for aesthetic procedures in the country is observed that would boost the growth of aesthetic devices in Brazil. Similarly, adoption of laser treatment and radiofrequency treatments is observed to be higher in Brazil owing to the safety and efficacy of these treatments. Therefore, in 2013, the laser aesthetic and radiofrequency devices segments accounted for the largest market of USD 59.0 million and USD 19.2 million, respectively.
Some of the key players operating in the anti-aging market include Allergan, Inc., Alma Laser Ltd., Beiersdorf AG, Coty, Inc., Cynosure, Inc., L’Oréal SA, Solta Medical, Inc. (Valeant Pharmaceutical International, Inc.), and PhotoMedex, Inc.
This report studies the anti-aging products, services and devices market in Europe, Asia and South America. The market has been segmented on the basis of demographics for analyzing each of the segments including products, services and devices for three major geographic regions: Europe, Asia and South America. The anti-aging services market has been sub-segmented into anti-pigmentation therapy, adult anti-acne therapy, breast augmentation, liposuction, abdominoplasty, chemical peel, eyelid surgery, hair restoration treatment and sclerotherapy. The anti-aging devices market has been sub-segmented into anti-cellulite treatment devices, microdermabrasion devices, laser aesthetic devices and radio frequency devices. The anti-aging products market has been divided into UV absorbers, dermal fillers, Botox, anti-stretch mark products, hair colorants and anti-wrinkle products.
Each geographic region has been further segmented on the basis of countries. The anti-aging market in Europe has been classified into Germany, Italy, Spain, France, the U.K. and Rest of Europe. The anti-aging market in Asia has been divided into India, China, Japan, South Korea and Rest of Asia. The anti-aging market in South America has been segmented into Brazil and Rest of South America. Each segment (services, devices and products) has been analyzed for each geography on the basis of its current and future market size for the period from 2012 to 2020, in terms of revenue in USD million, considering 2012 and 2013 as the base years. The compound annual growth rate (%CAGR) for each market segment has also been provided for the forecast period from 2014 to 2020 along with the estimations of market size.
The market overview section includes market dynamics and trends in order to provide a thorough analysis of the overall competitive scenario in the anti-aging market in Europe, Asia and South America. The section discusses the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current and future scenario of the anti-aging market in Europe, Asia and South America. Impact factors such as market share analysis of key players and Porter’s five forces analysis (bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and competitive rivalry) have also been explained in the market overview section of this report. In addition, event impact analysis has been provided which would give in depth information about the events that have happened in the past and their direct or indirect impact on the anti-aging market. Furthermore, value chain analysis has been provided in this report for better understanding of the anti-aging market.
The study further provides recommendations which would be useful for the current and future market players to sustain and grow in the anti-aging market. Major players profiled in this report are Allergan, Inc., Alma Lasers Ltd., Beiersdorf AG, Coty, Inc., Cynosure, Inc., L’Oréal SA, Lumenis Ltd., PhotoMedex, Inc., Personal Microderm (PMD) (Age Sciences, Inc.), and Solta Medical, Inc. These profiles include company overview; financial information; product portfolio; business strategies such as mergers and acquisitions, partnerships and collaborations, and geographic expansion; and recent developments such as new product launch and approvals.
Europe, Asia and South America Anti-aging market has been segmented as follows:
Europe, Asia and South America Anti-aging market, by Products Type
- UV Absorbers
- Dermal Fillers
- Anti-stretchmark Products
- Hair Color
- Anti-wrinkle Products
Europe, Asia and South America Anti-aging market, by Services
- Anti-pigmentation Therapy,
- Anti-adult Acne Therapy
- Breast Augmentation
- Chemical Peel
- Eye Lid Surgery
- Hair Restoration Therapy
Europe, Asia and South America Anti-aging market, by Devices Type
- Anti-cellulite Treatment Devices
- Microdermabrasion Devices
- Laser Aesthetic Devices
- Radio Frequency Devices