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SANTA CLARA, Calif., June 6, 2018 /PRNewswire/ -- The anti-aging industry is experiencing a paradigm shift toward embracing an age prevention-management-treatment continuum that is focused on health span rather than lifespan-driven metrics. This transformation will drive new growth opportunities for providers offering integrative solutions combining the three market segments—conventional therapies, dietary supplements, and aesthetic procedures, devices and products—delivered using digital enablers.
Frost & Sullivan, in partnership with A4M.com, has recently released its analysis, Anti-aging Therapies & Services Market—Trends & Growth Opportunities, which provides an assessment of trends, challenges, and growth opportunities tied to emerging anti-aging therapies and services. Business models, market dynamics, technology applications, and investment opportunities are also discussed. This market is forecast to reach $85.6 billion, growing at a compound annual growth rate (CAGR) of 6.5 percent from 2017 to 2022.
To benefit from these growth opportunities, savvy companies should:
Anti-aging Therapies & Services Market—Trends & Growth Opportunities is part of Frost & Sullivan's Transformation Health – Life Sciences Growth Partnership Service program.
About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion
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Frost & Sullivan, in partnership with A4M.com, has recently released its analysis, Anti-aging Therapies & Services Market—Trends & Growth Opportunities, which provides an assessment of trends, challenges, and growth opportunities tied to emerging anti-aging therapies and services. Business models, market dynamics, technology applications, and investment opportunities are also discussed. This market is forecast to reach $85.6 billion, growing at a compound annual growth rate (CAGR) of 6.5 percent from 2017 to 2022.
For further information on this analysis, please visit: http://frost.ly/2ip
Technologies that will be key enablers in the anti-aging market include:
- Artificial Intelligence: AI-powered virtual assistant can help improve drug adherence as well as prevent adverse events. Additionally, AI-powered digital therapeutics will be crucial for driving digitally enabled customer engagement;
- Big Data & Analytics: Drug-as-a-service models will require seamless access to and analysis of patient healthcare data and will drive pharmaceutical and technology company collaborations;
- IoT & Cloud: Real-time telehealth/telemedicine applications, such as on-body trackers and diagnostic devices, will drive the need for IoT-enabled, cloud-based solutions; and
- Mobile Devices: The widespread prevalence of mobile devices will boost the growth of applications based on solutions for drug adherence, activity monitoring, as well as virtual assistance.
To benefit from these growth opportunities, savvy companies should:
- Adopt novel pharmacological approaches that target specific drivers of aging, such as telomeres, rapalogs, senescent cells, and mitochondria-based therapies;
- Develop regenerative medicine focused on cell and gene therapy;
- Enhance dietary supplements, personalized genome-based diets and fasting-mimetic diets that offer clinically validated results;
- Leverage digital therapeutics and digital pills powered by big data and analytics, artificial intelligence, cloud computing, and mobile technologies; and
- Foster aesthetic solutions that offer long-term results with minimum discomfort.
Anti-aging Therapies & Services Market—Trends & Growth Opportunities is part of Frost & Sullivan's Transformation Health – Life Sciences Growth Partnership Service program.
About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion
Anti-aging Therapies & Services Market—Trends & Growth OpportunitiesMDB7_52
Contact:Mariana FernandezCorporate CommunicationsP: +1 (210) 348 1012E: [email protected]http://ww2.frost.comtwitter: @FS_Healthcare LinkedIn: Frost & Sullivan
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SOURCE Frost & Sullivan