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Anti-Aging Market Expected to Reach $216.52 Billion by 2021

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As the average age of the world’s population goes up (looking at you, baby boomers), so does the demand for anti-aging products and services.

While there has been a steady increase in the market for the past few years, Zion Market Research has found that the anti-aging market will be worth $216.52 billion by 2021, with a CAGR of 7.5% between 2016 and 2021.

The market is divided into anti-pigmentation therapy, anti-adult acne therapy, breast augmentation, liposuction, chemical peel and hair restoration treatment, as wells as several other categories.

Major Driving Factors

  • Strict regulations leading to safe and efficient anti-aging products and services
  • Increasing consumer demand
  • Technological improvements in anti-aging services

Companies such as Personal Microderm, Alma Lasers Ltd., L’Oréal, Allergyn Inc., Cynosure Inc., Solta Medical Inc. and Beiersdorf AG play a key role in the anti-aging market.