The growth in the global antiaging services market size is mainly driven by the increase in the number of antiaging services, the increase in the number of product launches and approvals in the field of antiaging treatments, and the increase in self-awareness among the geriatric population in regards to physical appearance. Furthermore, the growing need to look beautiful causes an increase in the adoption of anti-aging treatment services in the female population and drives the growth of the anti-aging services market. Therefore, this factor is expected to drive the growth of the market. For example, according to the International Society for Aesthetic Plastic Surgery (ISAPS), 14,400,347 non-invasive cosmetic procedures were performed worldwide in 2020. According to the same source, an estimated 6,213,859 botulinum toxin procedures performed worldwide were also reported. Additionally, according to the American Society of Plastic Surgeons (ASPS), 5,043,057 botulinum toxin procedures were performed in the United States in 2019. According to the same source, 3,816,274 dermal filler procedures were performed worldwide.
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Covid 19 impact trends and perspective
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Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
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Winning imperatives
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Covid-19 Situation –
Implementation of lockdown, owing to the COVID-19 outbreak resulted in decline in number of patient visits for anti-aging services, which had a negative impact on the market.
Furthermore, the cancellation of non-emergency aesthetic procedures such as dermal filler, botulinum toxin, chemical peels, and facial rejuvenation impeded the growth even more. Especially, decreased disposable income among individuals restrained the growth. However, the market has already started getting back on track.
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The global anti-aging services market is analyzed across type, gender, application, service proviDER, AND REGION. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
Based on type, the Botulinum Toxin segment accounted for nearly two-fifths of the total market share in 2021, and is anticipated to rule the roost by 2031. The dermal fillers segment, however, would register the fastest CAGR of 6.7% during the forecast period. The chemical peels segment is also assessed in the report.
Based on gender, the female segment contributed to more than four-fifths of the total market revenue in 2021, and is expected to lead the trail by the end of 2031. The same segment would also exhibit the fastest CAGR of 6.2% throughout the forecast period. The male segment is also analyzed in the report.
Based on application area, the fine line and wrinkle segment held more than half of the total market revenue in 2021, and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 6.5% throughout the forecast period. The aged hand and sagging skin segments are also covered in the report.
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Based on region, the global anti-aging services market across North America generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The Asia-Pacific region, however, would manifest the fastest CAGR of 7.0% during the forecast period. The other provinces analyzed through the report include Europe and LAMEA.
The key market players analyzed in the global anti-aging services market report include Aesthetic Solutions Inc., Cutis Dermatology, Elan aesthetics Inc., Anti-Aging Medical & Laser Clinic, Estique clinic, Evolus, Anti-aging Toronto clinic, Glow Anti-Aging Clinic, Hairline International Hair & Skin Clinic, Oliva Skin and hair clinic, Dermamagnetica Clinic, Pure Luxe, Pure Luxe Medica, Sinclair Pharma, Venus treatment, Viva Aesthetic Clinic, and Clinical Skincare. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.
Market: By Region Outlook
North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)
Important Questions Being Answered by This Market Report Are –
Q1. Which are the top companies hold the market share in anti-aging services market?
Q2. What are the market values / growth % of emerging countries?
Q3. What are the key trends in the anti-aging services market report?
Q4. Which is base year calculated in the anti-aging services market report?
Q5. Does the anti-aging services company is profiled in the report?
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