Technological
advancements, increase in volume of anti-aging procedures, growing aging
population and increase in disposable income have been driving the anti aging industry.
The market is further expected to gain revenue due to increase in anti-aging
awareness campaigns. For instance, EuroMediCom organized the 15th Aesthetic
& Anti-Aging Medicine World Congress from 6th April to 8th April, 2017, in
Monaco.
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In terms of treatment, the anti-aging market is
segmented into hair restoration, anti-pigmentation, anti-adult acne,
liposuction, breast augmentation, chemical peel, and others. Hair restoration
is expected to be the largest segment in the global market in 2025. One of the
major factors driving the growth of the hair restoration market is significant
increase in the number of hair transplantation procedures.
Some of the key players in the anti-aging market
include The Proctor & Gamble Company, Beiersdorf AG, Allergan Plc., The
Estee Lauder Companies Inc., Nu Skin Enterprises, Inc., Coty Inc., Cynosure,
Inc., Lumenis Ltd., Syneron Medical Ltd., Photomedex Inc., Orlane, Personal
Microderm and Alma Lasers Ltd.
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In terms of the type of device, the anti-aging market is classified into radiofrequency devices,
laser devices, anti-cellulite devices, and microdermabrasion devices. Radiofrequency
(RF) devices are expected to be the largest segment in the global market in
2025. Many advantages of RF devices, which include skin tightening, aesthetic
enhancement, cellulite, and body contouring are driving the growth of the
market.
The major players in the anti-aging market are launching new
products to improve their position in the market. For instance, in November
2016, Cynosure, Inc. received the clearance of its next-gen platform
technology, Icon Aesthetic system from China Food and Drug
Administration(CFDA). This technology platform is going to provide various
treatments including facial vessel and pigment clearance, wrinkle reduction,
scar and stretch mark treatment through a single system.
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