Global Anti-Aging Market Expected To Reach $ 216.5 Billion By 2021 With A CAGR Of 7.5%

Date: 2017-06-20

Aging is achieved by a cycle of different biochemical procedures in the body that influence it, both internally and externally. These biochemical procedures cause the body to degenerate over a timeframe, affecting the wellbeing, wellness and physical appearance of an aging person. Anti-aging is the delay, stop or retard the aging process. Recently, there has been the significant increase in the anti-aging phenomenon.

The global Anti-Aging market was estimated at USD$ 150.8 Billion in 2016, and is anticipated to reach USD$ 216.5 Billion by 2021, expanding at a CAGR of 7.5% between 2017 and 2021. Anti-Aging has a vast value chain. There are lots of players or component which adding value to the Anti-Aging industry. Each component has its own value and how it contributes towards the value addition to the value chain. Key components of value chain are content creators, aggregators, distributors, integrators, and end-users.

Anti-ageing market is observed to be one of the rising markets in today’s world. New technologies have initiated the association of new anti-ageing treatments and products, which is propelling the anti-ageing products, service and devices market growth. Increased awareness about ageing signs, increase in obesity and sedentary routine are fuelling the market growth.

North America dominated the anti-aging market in 2016 due to the elevated awareness about signs of aging and increased in obesity in the region. Anti-aging product and services segment accounted for largest share in anti-aging market than device segments in the region. New technological advancement in anti-aging products and services is expected to boost the market in forecast period in North America.

Europe is a one of the leading player in anti-aging market in 2016. Anti-aging market has been growing at a fast pace in Europe region owing to the increasing awareness among female as well as male population.

Asia Pacific is expected to experience highest growth in the near future, primarily due to approval of new anti-aging services, products and devices in this region. The developing countries in Asia Pacific like China and India have huge potential for growth in worldwide anti-aging market due to large population.
 

Read Full Report: 
http://www.gosreports.com/global-anti-aging-industry-2015-market-research-report/ 

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 1-510-400-8520
Web: www.gosreports.com
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