The anti-aging industry will reach 610 billion dollars in 2025
The global anti-aging industry is experiencing spectacular growth. Given the aging global population and growing interest in health and aesthetics, the current and future outlook based on various reports are more than interesting.
1. Market Size and Growth:
In 2023, the global market for anti-aging products was valued at approximately $54.5 billion. This market has shown robust growth since 2022 when it was valued at $50.1 billion, representing a compound annual growth rate (CAGR) of 8.8%.
2. Future Projections:
The market is expected to continue growing in the coming years. By 2025, the anti-aging industry is estimated to reach a value of $610 billion. Furthermore, it is projected that by 2027, the market will reach a value of $72.06 billion, growing at a rate of 7.2%. Looking even further ahead, the market size is expected to reach $98.6 billion by 2028, with a CAGR of 6.5% during the period from 2023 to 2028.
3. Growth by Countries and Regions
1. Europe: The anti-aging industry in Europe was valued at USD 16.45 billion in 2023, with an expected growth to USD 21.17 billion by 2028 (CAGR of 5.17%). Italy led in anti-aging services in 2013, while Spain is expected to grow more rapidly towards 2020, driven by the increase in sclerotherapy.
Geographical Distribution: The European market is gradually recovering from the economic crisis, with an increase in disposable incomes positively influencing the demand for anti-aging services.
4. Growth Sectors
1. Main Products: Key products in the market include UV absorbers, anti-wrinkle products, dermal fillers, Botox, and anti-stretch mark products.
Applications: These are used in anti-wrinkle, antipigmentation, skin rejuvenation treatments, among others, and are implemented in sectors like hospitals, clinics, and home healthcare.
Influence of Cosmetics: The growing demand for cosmetic products is significantly driving the growth of the anti-aging market. These products focus on reducing the effects of aging and wrinkles on human skin.
5. Driving Factors:
The increase in awareness about the benefits of various anti-aging products and greater awareness among individuals about their physical appearance are driving the market's growth.
Reasons for Growth
1. Awareness and Accessibility: In Europe, growing awareness and the availability of a variety of anti-wrinkle products at reasonable prices are driving the market.
Technological Advances: Advances in products and strict regulations have aided the market's growth in recent years.
Lifestyle Changes: Increasing consumer incomes and changes in lifestyles are driving the demand for proactive anti-aging solutions.
E-Commerce: The evolution of the industry in Europe is also due to more companies offering products through e-commerce, creating opportunities for market growth.
Economic Recovery: Despite challenges such as the war between Russia and Ukraine, which affected global economic recovery, the market continues to grow.
6. Investment Options in Companies and Funds
1. Apollo Health Ventures: Based in Berlin, this fund has raised 180 million dollars and focuses on biotechnology and anti-aging. It invests in companies like Aeovian Pharmaceuticals, Cleara Biotech, and Samsara Therapeutics, leaders in anti-aging therapies, cellular senescence elimination, and autophagy improvements.
AgeX Therapeutics (NYSE American Stock: AGE): Focused on biotechnology and anti-aging, this California-based company has a market capital of 22.97 million dollars. Its main proprietary technologies, PureStem® and induced Tissue Regeneration (iTR™), are aimed at treatments for age-related degenerative diseases.
Lineage Cell Therapeutics (NYSE American Stock: LCTX): With a market capital of 347.23 million dollars, this clinical-stage biotechnology company leads in cell therapy. Its main products include OpRegen, OPC1, and VAC2, aimed at treating macular degeneration, spinal cord injuries, and non-small cell lung cancer, respectively.
7. Profitable Sectors within the Anti-Aging Industry
1. Anti-Wrinkle Products: This segment had the largest share in the global anti-aging market in 2022.
Liposuction Services: This segment is expected to be lucrative during the projected period.
Radiofrequency Devices: They dominate the global anti-aging market and are estimated to grow at a notable compound annual growth rate.
Anti-Cellulite Treatment Devices: This segment is another lucrative one, expected to grow at a healthy annual growth rate, especially targeting patients between 35 and 50 years old.
8. Outlook
These investment opportunities in the anti-aging sector range from innovative biotechnology companies to specific product and service segments within the market. Investments in biotechnology and cellular therapies, particularly those focused on the prevention and treatment of age-related diseases, seem especially promising.
Additionally, the anti-wrinkle products and radiofrequency device segments, as well as liposuction services and anti-cellulite treatment devices, are profitable areas in the anti-aging industry, given their demand and continuous growth.
Given the aging of the global population and the growing interest in health and aesthetics, these investment areas are expected to continue growing and provide profitable opportunities in the future.
