Aging is a series of biochemical procedures and process of becoming older, a course that is genetically determined and environmentally modulated. Anti-aging is the process and medication to delay or retard the aging process. The global anti-aging market is rising at a significant rate, due to the escalating volume of anti-aging cosmetic procedures, and expanding the geriatric population. Diverse products such as hair color, anti-stretch marks, anti-wrinkle, and ultraviolet absorbers contributed to the anti-aging market size.

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By the basis of product, the market is divided into hair color, anti-stretch marks, anti-wrinkle, ultraviolet absorbers, and others. By all products, anti-wrinkle segment accounted for the biggest share in the market due to the rising number of botox and dermal filter procedures, and alertness of botox treatment to improve skin appearance. The anti-wrinkle segment is further classified into dermal fillers and botox.

On the basis of anti-aging treatment, the market is divided into liposuction, anti-adult acne therapy, breast augmentation, hair restoration treatment, anti-pigmentation, chemical peel, and others. The escalating number of hair restoration procedures is the factor growing the demand for hair restoration treatment. Among all treatments, the hair restoration treatment accounted for the largest share in the anti-aging market.

Due to rising disposable income, the intensifying volume of anti-aging cosmetic procedures, expanding the geriatric population, augmented attentiveness about aging signs, & the boosted need of skin care products are the primary growth drivers for the anti-aging market. As per the World Health Organization (WHO), globally in 2010 approximately 524 million people were aged 65 years and older and is expected to reach 1.5 billion in 2050.

Due to technological advancement in the anti-aging products, escalating inclination of consumers towards effortless to use at-home anti-aging devices, mounting awareness of minimally and non-invasive treatment, escalating medical tourism, and expanding and acceptable usage of e-commerce platform is also facilitating the growth for the anti-aging market.

Globally, North America is the largest anti-aging market as in the region the occurrence of obesity is increasing. In addition, augmented attentiveness about aging signs, and increasing geriatric population are also up surging growth of the North American anti-aging market. For instance, according to the U.S. Census Bureau, in 2012 approximately 43.1 million people were aged 65 years and older in the U.S. and is expected to reach 83.7 million in 2050.

Asia-Pacific is observed to witness the fastest growth in the market especially China, India, Thailand, Japan etc due to expanding the geriatric population. In addition, escalating medical tourism in this region, intensifying disposable income, and mounting awareness among the population are also creating a positive impact on the anti-aging market growth in the region.

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Key players in the anti-aging industry are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In January 2018, Nu Skin Enterprises, Inc. introduced ageLOC LumiSpa, a skin care device that cures and cleanses the skin. The Procter & Gamble Company, Coty Inc., Syneron Medical Ltd., Nu Skin Enterprises Inc., L’Oréal S.A, Allergan plc, The Estée Lauder Companies Inc., Hologic Inc., and Home Skinovations Ltd. are the key players offering anti-aging.

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