Anti-Ageing Drugs Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025
The ‘Anti-Ageing Drugs market’ study collated by researchers at Brand Essence Market Research is a detailed sketch of the business sphere in terms of current and future trends driving the profit matrix. The report also indicates a pointwise outline of market share, market size, industry partakers, and regional landscape along with statistics, diagrams, & charts elucidating various noteworthy parameters of the industry landscape.
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The global anti-ageing drugs market is set to witness huge growth potential in the coming years owing to rising awareness among the aging population regarding the use of anti-aging products. The industry however is in its infancy stage due to lot of scepticism regarding the cellular understanding of ageing process. On the other hand, the industry is also witnessing a large amount of research and development activities with drug manufacturers showing an increased focus towards significantly decreasing the impact of ageing and ultimately increasing the lifespan.
Increasing target population and growing influence of lifestyle industry are some of the pivotal factors boosting the market growth. The rising ageing population acts as target market for anti-ageing drugs driving the growth of this market. According to the World Health Organization (WHO), the proportion of global population over age of 60 years is predicted to double and reach 22% by 2050 from 12% in 2015. Moreover, the growing influence of lifestyle and fashion industry has led to an increased desire among the old to stay young and healthy. Apart from this, the elevating level of beauty standards has led to boost in demand for anti-ageing drugs among all age groups. Rising investments in research and development activities leading to incessant launch of new products is anticipated to be another pivotal
Anti-Ageing Drugs Market Segmentation: -
By Type:
• Injectable
• Oral
• Topical
By Drug Class:
• Antioxidants and enzymes
• Serums and supplements
• Stem cells
By Application:
• Skin
• Hair
• Muscles
• Age-related disorders
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o France
o Germany
o Russia
o Rest of Europe
• Asia-Pacific
o China
o South Korea
o India
o Japan
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
North America accounted for the largest share in Anti-Ageing Drugs Market
Developed economies of U.S. and Canada are the largest revenue contributors to the global anti-ageing drugs market. This should be well justified by the high living standards, huge paying capacity and growing influence of fashion and lifestyle industry among the population. Moreover, the region houses developed infrastructure for carrying out progressive research activities aimed towards development of new anti-ageing products. These factors have collectively led to the expansion of anti-ageing drugs market in the region. Europe is set to witness similar trends as that of North America and grab the second position in the global anti-ageing drugs market. While the growing personal care industry coupled with increasing awareness regarding use of anti-ageing products in the emerging economies of China and India is expected to propel the Asia Pacific anti-ageing drugs market growth in the years to come.
Anti-Ageing Drugs Market Key Players:
• Galderma
• Sanofi
• Allergan
• Daewoong Pharmaceutical
• MMJ PhytoTech
• Revitacare
• Merz Pharma
• SciVision Biotech
• Canbex Therapeutics
• Sun Pharmaceuticals
• Others
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