Anti-Aging Services Market Trends 2023 Forecast and Segments by 2030
Anti-aging services market insights and analysis by type of service, service provider and region forecast till 2030. The anti-aging services market size was valued at USD 12.5 billion in 2030 and is likely to grow at a 5.4% CAGR between 2022- 2030, according to the new anti-aging research report by Market Research Future (MRFR). The ageing process can be slowed down or stopped using anti-aging services. It keeps the skin looking healthy and fresh. Such treatments aid in skin hydration, skin brightness, and wrinkle reduction.
The market for anti-aging services is expanding as a result of numerous factors. Such elements, according to the MRFR research, include an ageing population, a desire to seem attractive and young, a growing role for media or the film industry in daily life, and increased awareness that has resulted in a surge in demand for high-end luxury goods. Altering lifestyles, rising consumer incomes, technical advancements in the beauty sector, and increased demand for anti-aging skin care products are further factors contributing to the expansion of the anti-aging target market.
On the contrary, the risk of potential side effects coupled with the high price of surgical treatments or procedures, will limit the anti-aging services market growth over the forecast period.
Scope of the Report
The report offers an analysis of the different parameters of the global anti-aging services market. The market has been segmented based on service provider and type of service. It also sheds light on the regional segmentation, market share, market size, and market trends.
Key Players
Leading players profiled in the global anti-aging services market report include Solta Medical Inc., Lumenis, Procter Gamble, Estee Lauder Inc., Elizabeth Arden, Cynosure Inc., Cutera Inc., Beiersdorf AG, Alma Lasers, and Allergan Inc.
Market Segmentation
The MRFR report gives an inclusive segmental analysis of the global anti-aging services market trends based on service provider and type of service.
By service providers, the anti-aging services market is segmented into salons, dermatology clinics, hospitals, and others. Of these, the dermatology clinics will dominate the market over the forecast period for the wide-range of anti-aging services offered by such clinics. This will be followed by the hospitals segment.
By type of service, the anti-aging services market is segmented into dermal fillers, Botox treatment, intense pulsed light, sclerotherapy, chemical peel, liposuction, breast augmentation, microdermabrasion, and others. Of these, the microdermabrasion segment will lead the market over the forecast period. Better results, better patient compliance, and increasing acceptance in various regions are adding to the growth of the segment. This will be followed by the liposuction segment that is predicted to hold the second-largest share.
Regional Analysis
Based on the region, the global anti-aging services market report covers the growth opportunities and recent trends across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will lead the market over the forecast period. Increasing adoption in the US, growing awareness about body aesthetics, high disposable income, and the presence of well-developed healthcare infrastructure are adding to the anti-aging services market growth in the region. The US anti-aging market size is the biggest for the immense influence of the film and fashion industry that plays a crucial role in generating demand for aesthetic and beauty services such as anti-aging.
Europe is expected to maintain the second-largest share of the global anti-aging services market during the forecast period. The region's market for anti-aging services is expanding as a result of greater acceptance of these services, an ageing population, and the rising popularity of cosmetic procedures.
Over the course of the projection period, it is expected that the APAC region would witness rapid growth in the worldwide anti-aging services market. The demand for affordable anti-aging procedures, increased beauty consciousness, especially in emerging nations, and rising disposable income are all driving up the market for these services in the area.
The global anti-aging services market in the MEA is predicted to have a small share over the forecast period.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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