Anti-Aging

Anti-Aging Market Growth

anti-aging

BioRegenx is poised to take advantage of market growth in the anti-aging industry with companies and products that are disruptive to an antidotal/traditional understanding of “anti-aging.” The global anti-aging market is set to experience an 8.1% CAGR during 2020–2030, to grow from $191.5 billion in 2019 to $421.4 billion by 2030, according to P&S Intelligence.

Key Findings of Global Anti-Aging Market

  • Generation X largest user of anti-aging products
  • Consumers increasingly opting for home-use products and devices
  • Booming geriatric population strongest driver for the market

Due to Increasing Concern about Appearance, Generation X To Dominate Market

Generation X will continue to remain the largest consumer of anti-aging products, under the demography segment. This will mainly be due to the growing consciousness about the appearance of the skin amongst people and the need to reduce the signs of aging, as a result.

Increasing Volume of Non-Surgical Anti-Aging Treatments Led To Market Domination of North America

Geographically, North America was the largest contributor to the anti-aging industry in 2020. This is mainly attributed to the rising preference for non-surgical anti-aging treatments, increasing awareness about home-use anti-aging products, and a growing number of aesthetic procedures being performed in the U.S. and Canada.

The inclination of Consumers toward Easy-To-Use Products Is Key Trend

The easy availability of a wide range of at-home anti-aging devices for wrinkle reduction, skin rejuvenation, cellulite reduction, and microdermabrasion has resulted in their increasing popularity among consumers. Furthermore, these portable, ease-to-use products are scientifically advanced. With adults seeking ways of maintaining their youthful appearance and the older population focusing on measures to keep the signs of aging at bay, the adoption of at-home anti-aging products is on the rise globally. Some of the home-use anti-aging devices are FOREO IRIS, ZIIP BEAUTY, and ReFa Carat.

Surging Geriatric Population also Aiding in Market Advance

Globally, the booming geriatric population is playing a pivotal role in the growth of the anti-aging market. Old age is associated with the loss of fibrous tissues and reduction in skin stem cells, which lead to the occurrence of wrinkles, dryness, pigmentary alteration, and sagging. Thus, elderly people continue to generate a high demand for anti-aging products and treatments to overcome such problems.

Products that address fundamental causes of aging which include a degrading microcirculation system and nutrition will allow BioRegenx and its family of companies to capture market share that is expected to grow exponentially over the next ten years.

anti-aging

BioRegenx is poised to take advantage of market growth in the anti-aging industry with companies and products that are disruptive to an antidotal/traditional understanding of “anti-aging.” The global anti-aging market is set to experience an 8.1% CAGR during 2020–2030, to grow from $191.5 billion in 2019 to $421.4 billion by 2030, according to P&S Intelligence.

Key Findings of Global Anti-Aging Market

  • Generation X largest user of anti-aging products
  • Consumers increasingly opting for home-use products and devices
  • Booming geriatric population strongest driver for the market

Due to Increasing Concern about Appearance, Generation X To Dominate Market

Generation X will continue to remain the largest consumer of anti-aging products, under the demography segment. This will mainly be due to the growing consciousness about the appearance of the skin amongst people and the need to reduce the signs of aging, as a result.

Increasing Volume of Non-Surgical Anti-Aging Treatments Led To Market Domination of North America

Geographically, North America was the largest contributor to the anti-aging industry in 2020. This is mainly attributed to the rising preference for non-surgical anti-aging treatments, increasing awareness about home-use anti-aging products, and a growing number of aesthetic procedures being performed in the U.S. and Canada.

The inclination of Consumers toward Easy-To-Use Products Is Key Trend

The easy availability of a wide range of at-home anti-aging devices for wrinkle reduction, skin rejuvenation, cellulite reduction, and microdermabrasion has resulted in their increasing popularity among consumers. Furthermore, these portable, ease-to-use products are scientifically advanced. With adults seeking ways of maintaining their youthful appearance and the older population focusing on measures to keep the signs of aging at bay, the adoption of at-home anti-aging products is on the rise globally. Some of the home-use anti-aging devices are FOREO IRIS, ZIIP BEAUTY, and ReFa Carat.

Surging Geriatric Population also Aiding in Market Advance

Globally, the booming geriatric population is playing a pivotal role in the growth of the anti-aging market. Old age is associated with the loss of fibrous tissues and reduction in skin stem cells, which lead to the occurrence of wrinkles, dryness, pigmentary alteration, and sagging. Thus, elderly people continue to generate a high demand for anti-aging products and treatments to overcome such problems.

Products that address fundamental causes of aging which include a degrading microcirculation system and nutrition will allow BioRegenx and its family of companies to capture market share that is expected to grow exponentially over the next ten years.