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Anti-aging Market to Rise at a Steady CAGR of 7.8% Between 2013-2019
by Metcarl · November 28 Cheap Lucas Ocampos Jersey , 2018

Prominent players operating in the global anti-aging market include Allergan Inc., L鈥橭real, SA, Cynosure Inc., Alma Lasers Ltd Cheap Lucas Biglia Jersey , Solta Medical Inc., Beiersdorf AG, Coty Inc., Personal Microderm, Lumenis Ltd. Cheap Luca Antonelli Jersey , and Photomedex Inc., finds Transparency Market Research (TMR). A growing number of players are offering clinically tested products and advanced formulations, in order to gain a firm foothold in the market. Top players are focusing on bringing technological advancement in the anti-aging treatment products and services to consolidate their positions.

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The global anti-aging market is projected to rise at a steady CAGR of 7.8% during the forecast period of 2013鈥?019. The global market is anticipated to reach a worth of US$191.7 billion by the end of 2019; the market was valued at US$ 122.3 billion in 2013.

The demographics demanding anti-aging products, devices, and services comprise baby boomers Cheap Leonel Vangioni Jersey , generation X, and generation Y. Of these, baby boomers (born during 1946鈥?964) is the dominant segment. This is attributed to the large disposable incomes the cohort has. Over the years, the demographic cohort will continue contributing substantial revenues to the market.

The various regional markets comprise North America, Asia Pacific Cheap Leonardo Bonucci Jersey , Europe, and the Rest of the World. Of these segments, North America is currently the leading market for anti-aging driven by extensive demand for such products and services. This can be attributed to widespread awareness of ant-aging treatments among health-conscious people across the region.

The notably rising demand for products and services for slowing aging and countering its effects is a key factor driving the ant-aging market. The growing demand for these products among people in emerging and developed nations for rejuvenating skin is also boosting the market. In addition, among generation X the rising popularity of anti-aging services is also accentuating the growth of the market.

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The rising acceptance of anti-aging formulations for skin among generation Y cohort is a key factor aiding in the substantial expansion of the market. The global anti-aging market is also expected to immensely benefit from constant research and development activities. Such efforts by players are focused on bringing technological advancements to help the offer better anti-aging devices and services. Recent innovations in formulations have led to advanced products that have increased efficacy and higher safety than the previous ones.

The rapidly rise in aging populations in several developing and developed nations is also catalyzing the growth of the global anti-aging market. Moreover, the rising volume of population in various parts of the world who adopt sedentary lifestyle witness accelerated aging process. This augurs well for the expansion of the market. The substantial demand for anti-aging devices in mature markets Cheap Keisuke Honda Jersey , such as in developed nation of the U.S., is also adding to the revenues in the global market.

However, the growth of the market is hindered by several downsides it faces. The presence of skepticism shown by people on the acceptance of anti-aging products has restrained market to rise to its full potential. Nevertheless, bold strides being made by ant-aging formulations and technological advances in the associated services will help market players to allay such consumer concern over time. Furthermore, the rise in disposable incomes of people in emerging economies will also sustain the growth of the anti-aging market.

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Transparency Market Research is a global market intelligence company Cheap Juraj Kucka Jersey , providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts Cheap Jose Sosa Jersey , so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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