Anti-Aging Services Market By Type (Dermal Fillers, Botulinum Toxin, Chemical Peels, Others), By Gender (Male, Female), By Application (Fine line and wrinkle, Aged hand, Sagging skin, Others), By Service Provider (Specialty and Dermatology Clinics, Hospitals, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global anti-aging services market was valued at $12,300.3 million in 2021, and is projected to reach $22,167.3 million by 2031, registering a CAGR of 6.1% from 2022 to 2031. Aging can be defined as time-related deterioration of physiological functions in human beings. Aging process cause the body to degenerate over time, impacting the health, fitness and physical appearance of the individual. Anti-aging is the process of preventing or delaying the changes through a variety of goods and services. Common signs of aging skins are uneven skin tone, wrinkles, open pores, fine lines, saggy skin and volume loss. Anti-aging services are specifically designed to reduce the appearance of wrinkles, fine lines, and sagging skin. Different dermal fillers treatment such as hyaluronic acid (HA), calcium hydroxylapatite (CaHA), poly-L-lactic acid, polymethyl-methacrylate microspheres (PMMA) are used to treat aging signs. In addition, procedures such as botulinum toxin, chemical peels, microdermabrasion, and laser resurfacing anti-aging skin treatments are included in anti-aging services.
The anti-aging services market is driven by increase in the trend among the population, to maintain aesthetic appearance, rise in the technological advancements in the aesthetic procedures and increase in geriatric population. Moreover, increase in adoption of non-invasive aesthetic procedure such as dermal fillers, and botulinum toxin, and rise in the number of anti-aging services providers such as clinics, and private aesthetic centers boost the growth of anti-aging services market. For instance, according to International Society of Aesthetic and Plastic Surgery (ISAPS), in 2020, it was reported that 6,213,859 botulinum toxin procedures were performed across the globe. As per the same source, it was also reported that approximately 1,343,436 botulinum toxin procedures were performed among the age group of 51-64 years. Moreover, according to, American Society of Plastic Surgeons (ASPS), in 2019, it was reported that 1,087,887 laser skin resurfacing procedures were performed in the U.S. In addition, the demand for anti-aging treatments and devices has been fueled by customers' rising self-awareness of their physical appearance, both young and old. Moreover, technological advancement in the field of aesthetic product market fuels the market growth. For instance, In May 2020, Galderma, a dermatology and pharmaceutical company, announced the U.S Food & Drug Administration (FDA) approval for restylane kysse. It is a hyaluronic acid filler specifically designed and indicated to smoothen the wrinkles. This technology used in Aesthetic solution Inc. clinic in the U.S. In addition, increase in the number of product approval and product launch of different aesthetic devices, and rise in number of clinics for anti-aging procedure fuels the growth of anti-aging services market. For instance, in January 2021, Candela Syneron, a healthcare equipment manufacturing company, announced the launch of the frax pro system which is skin resurfacing device. On the other hand, high cost of anti-aging services is anticipated to hinder the market growth. Moreover, risk associated after anti-aging services procedure such as skin irritation, temporary discomfort, redness and swelling and pigment changes hamper the growth of anti-aging services market.
The global anti-aging services market is segmented on the basis of type, gender, application, service provider and region. On the basis of type, the market is segmented into dermal fillers, botulinum toxin, chemical peels and others. Dermal fillers segment includes hyaluronic acid (HA), calcium hydroxylapatite (CaHA), poly-l-lactic acid and polymethyl-methacrylate microspheres (PMMA). The others segment includes microdermabrasion and laser resurfacing anti-aging skin treatments. On the basis of gender, the market is bifurcated into male and female. On the basis of application the market is divided into fine line and wrinkle, aged hand, sagging skin and others. The others include uneven skin ton, volume loss, aged neck. On the basis of service providers, it is divided into specialty & dermatology clinics, hospitals and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major companies that operate in the global anti-aging services market include Aesthetic Solutions, Anti-Aging Medical & Laser Clinic, Anti-aging Clinic Toronto, ClinicalPRO , Cutis skin, Derma Magnetica Clinic, Elan aesthetics , Estiqueclinic, Evolus, Glow Anti-Aging Clinic, Hairline International Hair & Skin Clinic, Oliva Skin and hair clinic, Pure Luxe, Pure Luxe Medica, Sinclair Pharma, Venus treatments, and Viva Aesthetic Clinic.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the anti-aging services market analysis from 2021 to 2031 to identify the prevailing anti-aging services market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the anti-aging services market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global anti-aging services market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Dermal Fillers
Botulinum Toxin
Chemical Peels
Others
By Gender
Male
Female
By Application
Fine line and wrinkle
Aged hand
Sagging skin
Others
By Service Provider
Specialty and Dermatology Clinics
Hospitals
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
Colombia
Rest of LAMEA
Key Market Players
Aesthetic Solutions Inc
Anti Aging Medical and Laser Clinic
Anti aging Toronto clinic
Clinical Skincare
Cutis Dermatology
Dermamagnetica Clinic
Elan aesthetics Inc
Estique clinic
Evolus Incorporated
Glow Anti Aging Clinic
Hairline International Hair and Skin Clinic
Oliva Skin and hair clinic
Pure Luxe
Pure Luxe Medical
Sinclair Pharma
Venus treatment
Viva Aesthetic Clinic
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