Global Anti-aging Drugs Market 2017-2021

Global anti-aging drugs market forecast

Non-invasive or minimally invasive procedures are gaining popularity in the anti-aging therapy market due to several benefits such as speedy recovery and minimal scarring. In comparison to traditional surgeries, these surgeries result in lesser pain and less surgical complications. Technavio’s market study identifies the rising demand for non-invasive treatment solutions in cosmetology to be one of the primary growth factors for the anti-aging drugs market. Additionally, the technological advancements and the growing awareness influence the awareness of the population with aesthetic-related non-invasive treatments such as facelifts and liposuction. This awareness is influencing the demand for fillers and related materials. According to the anti-aging drugs industry analysis, this market will grow steadily at a CAGR of about 8% by 2021.

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Continuous technological advancements are encouraging the vendors to advanced collagen-based materials such as bovine collagen and bioengineered human collagen. Also, they are offering dermal fillers that are tailored to meet the needs of distinct facial areas and injection planes. These fillers can easily integrate into the skin while producing subtle and natural results. Vendors are also implementing new technologies to develop products that can be used on face and hands, and other parts of the body. The technological advancements are identified to be one of the key trends contributing to the anti-aging drugs market growth.

Competitive landscape and key vendors

The anti-aging drugs market is fragmented owing to the presence of several players offering differentiated product segments such as injectable drugs, HRT, topical pharmaceutical agents, among others. The market is witnessing the growth of several new vendors offering novel therapies. Anti-aging drugs vendors are developing drugs for the treatment of growing spasticity disorders such as wrinkles. New product development and innovation further intensify the competition in the anti-aging therapy market.

The leading vendors in the market are

• Allergan
• Galderma
• Merz Pharma
• Sanofi

The other prominent vendors in the market are Canbex Therapeutics, Daewoong Pharmaceutical, MMJ PhytoTech, Revitacare, SciVision Biotech, Sun Pharmaceuticals, Suneva Medical, Syneron, and Valeant Pharmaceuticals.

Segmentation by route of administration (RoA) and analysis of the anti-aging drugs market

• Injectable
• Oral
• Topical

The inclusion of dermal fillers and botulinum toxin treatment contributes to the injectable segment dominating the anti-aging drugs market. Injectable drugs are injected into the body through a syringe and a hollow needle. Increasing R&D and high efficiency of injection contribute to the growth of this segment in the anti-aging therapy market.

Geographical segmentation and analysis of the anti-aging drugs market

• Americas
• APAC
• EMEA

The Americas will be the major revenue contributor to the anti-aging drugs market due to the presence of a large number of key vendors that increase the accessibility of treatment. Factors such as huge investments in the healthcare sector in the US, the high spending power of baby boomers, rising number of geriatric population, and high R&D that establishes more treatment centers, contribute to the growth of the anti-aging therapy market in the Americas.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global anti-aging drugs market?
• What are the key market trends impacting the growth of the global anti-aging drugs market?
• What are the challenges to market growth?
• Who are the key vendors in the global anti-aging drugs market?
• What are the market opportunities and threats faced by the vendors in the global anti-aging drugs market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global anti-aging drugs market?

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