According to the latest market report published by Persistence Market Research, titled ‘Global Market Study on Facial Rejuvenation: Early onset of Ageing and Rising Adoption of minimally Invasive Procedures to Drive the Market, the global facial rejuvenation market is expected to expand at a CAGR of 4.9% during the forecast period 2015-2021.
The market is segmented based on product type, end-user type, and region. On the basis of product type, the overall market has been segmented into topical products (sunscreens, moisturisers, keratolytic, retinoids, and hair removal creams), botulinum, dermal fillers, chemical peels, microabrasion equipment, and equipment-based treatments such as laser resurfacing and ultrasounds.
On the basis of end-user, the market has been segmented into hospitals and dermatology clinics, which include private offices held by leading dermatologists.
By product type, the botulinum products are expected to remain the largest segment, registering highest CAGR of 7% in terms of value, over the forecast period. The longer effectiveness of the treatment and easier availability is expected to contribute to its growing popularity.