
Global Anti-Aging Drugs Market: Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
11564
May 2023
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“Global Anti-Aging Drugs Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global anti-aging drugs market report has been segmented on the basis of product type, application, and region.
Global Anti-Aging Drugs Market: Overview
Anti-aging drugs are used for prevention and treatment of various skin, hair, muscles and age related disorders and diseases. Aging occurs due to free radicals and oxidative stress. Anti-aging drugs having various product types such as serums and supplements, antioxidants and enzymes, and stem cells and drugs. Some other treatments are also used as an anti-aging therapy such as laser treatment, injectable treatment, and face cream or tablet.
Global Anti-Aging Drugs Market: Dynamics
Increasing ageing population and rising physical appearance concerns among women and male across the globe is a key factor expected to boost demand for anti-aging drugs and drives growth of the target market over the forecast period.
Growing awareness about looks and health is another key factor expected to fuel growth of the global anti-aging drugs market during the forecast period. In addition, growing demand for faster effect of treating aging signs among female and male population is another factor supporting growth of the global market over the long run.
Furthermore, rising preference for natural and organic anti-aging drugs among individuals is also anticipated to bolster growth of the global market in the next 10 years.
However, high cost of anti-aging products is a major factor may hamper demand and restrain growth of the market. The rising hype and false claiming practices about the efficiency and effectiveness of the products may also restrain growth of the target market during the forecast period to a certain extent.
Global Anti-Aging Drugs Market: Segment Analysis
Among product type, serum segment accounts for significant revenue share in the global market, owing to water content in serum help to absorb quickly in the skin. Antioxidant segment is expected to register a significant growth rate in the global market over the forecast period. Antioxidant are extracted from natural substances such as vegetables and fruits and have high nutrient contents i.e. vitamin A, vitamin C and vitamin E which are beneficial for skin.
Among the application, the skin and hair segment is expected to account for highest growth in the global anti-aging drugs market, owing to growing awareness of physical appearance across the globe.
Global Anti-Aging Drugs Market: Region Analysis
The market in North America accounted for highest revenue share and is expected to dominate the target market over the forecast period. This is attributed to increasing large innovation in healthcare and ageing baby boomer’s population among individuals in countries such as Canada and US in the region. Market in Asia Pacific is expected to register significant growth in the global market followed by market in Europe, owing to increasing aging population in countries such as China, India, France, and UK in these regions.
Market in Latin America, and Middle East & Africa are expected to witness moderate growth in terms of revenue, owing to growing demand for halal cosmetics and increasing awareness about anti-aging drugs among female and male population in these regions.
Global Anti-Aging Drugs Market Segmentation:
Segmentation by Product Type:
- serums and Supplements
- antioxidants and Enzymes
- stem cells and Drugs
Segmentation by Application:
- skin and Hair
- skeletal and Muscles
- age Related Disorders
Segmentation by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn - Allergan
- Johnson and Johnson
- Nu Skin
- BIOTIME, Inc.
- Elysium Health, Inc.
- La Roche-Posay
- DermaFix
- L'ORÉAL
- Solta Medical
- Procter & Gamble
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