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As per the FMI’s revised market report, sales of anti-aging product services and devices accumulate a present valuation of US$ 60,764.40 million in 2024. Going by this trend, the anti-aging product service market amplifies and equates to a market worth US$ 1,01,843.40 million, with a steady CAGR of 5.30% by 2034.
Attributes | Details |
---|---|
Market Value for 2024 | US$ 60,764.40 million |
Market Value for 2034 | US$ 1,01,843.40 million |
Market CAGR from 2024 to 2034 | 5.30% |
Catalysts Catapulting Growth in the Anti-aging Product Service and Device Industry
Attributes | Details |
---|---|
Market Value for 2019 | US$ 36100.72 million |
Market Value for 2023 | US$ 60,462.10 million |
Market CAGR from 2019 to 2023 | 9.80% |
Category-wise Outlook
Segment | Anti-wrinkle Treatment |
---|---|
Share (2024) | 24.70% |
Segment | Moisturizers |
---|---|
Share (2024) | 18.80% |
Country-wise Analysis
Countries | CAGR (2024 to 2034) |
---|---|
United States | 1.80% |
Canada | 2.60% |
Countries | CAGR (2024 to 2034) |
---|---|
France | 4.750% |
Spain | 4.530% |
Italy | 4.310% |
Germany | 3.800% |
United Kingdom | 3.200% |
Countries | CAGR (2024 to 2034) |
---|---|
India | 7.80% |
Malaysia | 5.30% |
Thailand | 5.70% |
Indonesia | 4.80% |
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The Study Covers Anti Aging Cosmetics Products Market Report Trends & Forecast and It is Segmented by Type (Products and Devices), Application (Anti-Wrinkle Treatment, Anti-Pigmentation, Skin Resurfacing, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD Million) for the Above Segments.
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The global anti-aging market size reached USD 75.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 122.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.5% during 2025-2033. The burgeoning demand for anti-aging solutions among the geriatric population, continuous technological advancements, escalating consumer awareness regarding skincare, rising disposable incomes in emerging economies, surging endorsements by influencers, expanding distribution channels, the impact of pollution on skin health, and a focus on research and development (R&D) activities are some of the factors facilitating the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 75.7 Billion |
Market Forecast in 2033
| USD 122.9 Billion |
Market Growth Rate 2025-2033 | 5.5% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and country levels for 2025-2033. Our report has categorized the market based on the demography, industry, product type, and device and technology.
The statistic shows the global anti-aging devices market in 2017 and a forecast for 2028, by device type. In 2017, direct-to-customer anti-aging devices accounted for 36 percent of the anti-aging devices market. By the year 2028, this share is expected to increase to some 44 percent.
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Get detailed insights into the current valuation of Anti-Aging Devices market size, including growth analysis, current market status and future market projections.
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Anti-aging devices market, market size, market trends, growth focus on product type, device type, target area, consumer analysis, Anti-aging devices industry size and forecast 2028
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According to Cognitive Market Research, the global Anti-aging Products, Services, and Devices Market size will be USD 61721.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 24688.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 18516.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 14195.95 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 3086.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1234.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Hospitals category is the fastest growing segment of the Anti-aging Products, Services, and Devices industry
Market Dynamics of Anti-aging Products Services and Devices Market
Key Drivers for Anti-aging Products Services and Devices Market
Growing aging population globally seeking products to maintain youthful appearance
The growing aging population worldwide is a significant driver of the anti-aging products, services, and devices market. As life expectancy increases and the number of elderly individuals rises, there is a heightened demand for solutions that help maintain a youthful appearance and enhance quality of life. Older consumers are more conscious of aging-related skin changes, such as wrinkles, fine lines, and sagging, prompting them to seek products and services that offer anti-aging benefits. Additionally, advancements in technology and innovation have led to the development of more effective anti-aging devices, such as laser treatments, microdermabrasion tools, and LED therapy devices, which appeal to consumers seeking non-invasive, convenient solutions.
Expanding disposable incomes enabling greater spending on skincare products
This expanding disposable incomes allow consumers to allocate more funds toward skincare and wellness. As disposable income increases, individuals are more willing to invest in premium skincare solutions, anti-aging devices, and professional services that promise to slow down the visible effects of aging. This trend is particularly evident in emerging markets where rising middle-class populations are increasingly conscious of personal appearance and health. The desire to maintain a youthful appearance is no longer limited to older generations; younger consumers are also adopting preventive skincare routines to delay the onset of aging signs.
Restraint Factor for the Anti-aging Products Services and Devices Market
Increasing awareness of natural and organic alternatives to synthetic anti-aging products
Growing consumer awareness of natural and organic alternatives to synthetic anti-aging products to limit the market growth. As more individuals become conscious of the potential side effects and long-term risks associated with chemicals and synthetic ingredients, there is a noticeable shift toward products formulated with natural, organic, and plant-based ingredients. This shift is driven by concerns over the safety of synthetic chemicals, including parabens, sulfates, and phthalates, which are commonly found in many anti-aging products. Additionally, there is a growing preference for eco-friendly and cruelty-free products, which further support the demand for natural alternatives. As a result, many consumers are opting for skincare routines and anti-aging treatments that emphasize organic ingredients, minimal processing, and sustainable sourcing.
Impact of Covid-19 on the Anti-aging Products Services and Devices Market
COVID-19 had a significant impact on the Anti-aging Products, Services, and Devices Market. The global health crisis disrupted supply chains and retail operations, leading to delays in production and a shift in consumer behavior. As people faced lockdowns and restrictions, there was a surge in demand for at-home skincare and wellness devices, su...
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The size and share of the market is categorized based on geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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Explore Anti-Aging Devices Market Regional Demand with our comprehensive analysis. Get insights on North America, Asia Pacific, Europe, and other key regions. Access country-level market data and understand market dynamics and growth potential across different regions.
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Anti-aging device market size and share projected to reach USD 135.1 Billion by 2035, growing steadily at a CAGR of 7.7%. Rising demand for minimally invasive anti-aging devices is propelling the market growth.
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The global anti-aging products market size was USD 111.6 billion in 2020 and will reach USD 162.9 Billion by 2028, at a CAGR of 4.3%.
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Explore the detailed segmentation analysis of the Anti-Aging Devices market. Understand detailed breakdown for each segment and uncover market opportunities.
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Global Anti Aging Drugs and Devices market size 2025 was XX Million. Anti Aging Drugs and Devices Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
The statistic shows the estimated size of the anti-aging products market worldwide in 2022 and 2023, including a forecast for 2024 to 2032. In 2023, the global anti-aging products market was estimated to be worth about 47 billion U.S. dollars. The market is estimated to see a compound annual growth rate (CAGR) of nearly six percent between 2023 and 2032.Anti-aging market – additional informationSociety drives people in every way to look beautiful. They see it on television, in the movies, and in magazines. The social pressure associated with physical appearance is typically much greater for girls than boys in almost every society.There is so much emphasis on a youthful appearance and the cosmetic industry is taking full advantage of this persona. For instance, the United States is a key market in the global cosmetic industry, generating an estimated revenue of approximately 49 billion U.S. dollars in 2022.The leading cosmetic brand worldwide was L’Oréal, with a brand value of more than 13 billion U.S. dollars in 2024. One of its closest competitors, Gillette, had a brand value of about 7.4 billion U.S. dollars. L’Oréal is a French cosmetics and beauty company. The company owns many popular brands and is one of the world’s largest cosmetics companies. L’Oréal announced that they have spent two decades studying skin cell biology to formulate an anti-aging and skin-changing product line that defies a laser. Many people today use creams to slow the aging process. Facial anti-aging skin care products are among the most popular skin care categories in the United States.The global anti-aging products market is expected to grow at a compound annual growth rate (CAGR) of around six percent between 2023 and 2032. The market’s size is projected to reach nearly 80 billion U.S. dollars by 2032.
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Japan anti aging market size reached USD 7.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.3 Billion by 2033, exhibiting a growth rate (CAGR) of 5.5% during 2025-2033. The market is driven by the rapidly aging population in the country, the increasing focus on health and well-being, and advancements in skincare technologies, including the development of high-quality skincare products, non-invasive treatments, and innovative ingredients.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 7.0 Billion |
Market Forecast in 2033 | USD 11.3 Billion |
Market Growth Rate (2025-2033) | 5.5% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product and devices and application.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 29.95(USD Billion) |
MARKET SIZE 2024 | 32.36(USD Billion) |
MARKET SIZE 2032 | 60.0(USD Billion) |
SEGMENTS COVERED | Product Type ,Power Source ,Device Function ,Target Skin Concern ,Distribution Channel ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising consumer demand for homebased skincare solutions Advancements in technology leading to innovative devices Growing popularity of personalized skincare regimens Increasing disposable income and consumer spending on skincare Expansion of ecommerce and online sales channels |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | YaMan ,PMD Beauty ,Panasonic ,Braun ,Silk'n ,Beurer ,ReFa ,CurrentBody ,Clarisonic ,Vanity Planet ,Dermaflash ,NuFACE ,Conair ,Foreo ,TriPollar |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | LED Therapy Devices Microdermabrasion Devices Skin Tightening Devices Ultrasonic Cleaning Devices Exfoliation Brushes |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.02% (2024 - 2032) |
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According to Cognitive Market Research, the global Skin Care Devices market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 15.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 6168.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4626.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3546.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 771.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 308.42 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031.
The hair removal sector is expected to have the biggest market share by 2023.
Market Dynamics of Skin Care Devices Market
Key Drivers for Skin Care Devices Market
Rising launch of new and technologically advanced products
The global skincare devices market is growing due to the continuous introduction of innovative and technologically sophisticated products. There is an increasing need for multi-functional skincare devices that may handle a variety of skin issues using tailored solutions. Moreover, manufacturers are heavily investing in R&D to create smart, connected gadgets that incorporate artificial intelligence, skin analytics, and therapeutic technologies. In June 2022, Cynosure, a firm that develops and manufactures lasers for medical and aesthetic treatments, launched the Elite iQ platform in the United States, Europe, and Australia. This platform, which uses unique Skintel technology, offers tailored laser hair removal and skin renewal treatments. These advancements are projected to attract more clients to skincare services, propelling the industry forward.
Increasing aging population
Another driver of the Skin Care Devices Market is the increasing aging population. Older people are looking for innovative solutions to counter skin issues associated with aging. Corresponding to the rising population of the elderly, the demand for effective and sophisticated skin devices that will remove wrinkles, lines, and other types of old-age markings is growing. This demographic segment is more inclined to spend on skincare technology that promotes anti-aging and rejuvenation of the skin. The manufacturers are thus creating models of devices like antiaging tools, skin tightening devices, and facial cleansing devices that can fit this population's needs. This ever-growing market for skin care devices by the aging populace shows a world of opportunities calling for innovation and growth in the beauty and skincare industry.
Restraint Factor for the Skin Care Devices Market
High cost of aesthetic procedures
The high expense of cosmetic procedures may impede the broad adoption of various skincare devices worldwide. While technology has enabled the development of revolutionary non-invasive and minimally invasive devices capable of efficiently treating a variety of skin problems and improving cosmetic appeal, financial access remains limited. Many advanced skincare equipment capable of performing complex procedures such as skin tightening, wrinkle reduction, acne therapy, and others cost thousands to tens of thousands of dollars. Many individuals around the world cannot afford this large initial investment, let alone the regular maintenance and consumables expenditures.
Impact of Covid-19 on the Skin Care Devices Market
The COVID-19 pandemic had an impact on various markets, including skincare devices. Lockdowns and limitations caused a halt in production and interruptions in the supply chain during the early stages of the pandemic. This resulted in a short drop in market growth. Furthermore, the economic uncertainties and financial restraints that consumers encountered during the pandemic's peak influenced their propensity to invest in non-essential products such as skincare equipment. Introduction of the Skin Care Devices Mar...
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The market size of the Asia Pacific Anti Aging Drugs And Devices Market is categorized based on Application (Type 1, Type 2, Type 3, Type 4) and Product (Type 1, Type 2, Type 3, Type 4) and Asia-Pacific region which includes China, Japan and South Korea.
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The market size of the Home-Use Beauty Devices Market is categorized based on Device Type (Facial Cleansing Devices, Hair Removal Devices, Anti-Aging Devices, Microdermabrasion Devices, LED Therapy Devices) and Technology (Ultrasound, Radiofrequency, Laser, Microcurrent, Light Therapy) and Application (Skin Care, Hair Care, Oral Care, Nail Care, Body Care) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
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The Skin Care Devices Market is projected to grow at 7.9% CAGR, reaching $22.6 Billion by 2029. Where is the industry heading next? Get the sample report now!
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As per the FMI’s revised market report, sales of anti-aging product services and devices accumulate a present valuation of US$ 60,764.40 million in 2024. Going by this trend, the anti-aging product service market amplifies and equates to a market worth US$ 1,01,843.40 million, with a steady CAGR of 5.30% by 2034.
Attributes | Details |
---|---|
Market Value for 2024 | US$ 60,764.40 million |
Market Value for 2034 | US$ 1,01,843.40 million |
Market CAGR from 2024 to 2034 | 5.30% |
Catalysts Catapulting Growth in the Anti-aging Product Service and Device Industry
Attributes | Details |
---|---|
Market Value for 2019 | US$ 36100.72 million |
Market Value for 2023 | US$ 60,462.10 million |
Market CAGR from 2019 to 2023 | 9.80% |
Category-wise Outlook
Segment | Anti-wrinkle Treatment |
---|---|
Share (2024) | 24.70% |
Segment | Moisturizers |
---|---|
Share (2024) | 18.80% |
Country-wise Analysis
Countries | CAGR (2024 to 2034) |
---|---|
United States | 1.80% |
Canada | 2.60% |
Countries | CAGR (2024 to 2034) |
---|---|
France | 4.750% |
Spain | 4.530% |
Italy | 4.310% |
Germany | 3.800% |
United Kingdom | 3.200% |
Countries | CAGR (2024 to 2034) |
---|---|
India | 7.80% |
Malaysia | 5.30% |
Thailand | 5.70% |
Indonesia | 4.80% |