Market Challenges And Opportunities

Increasing inclination of the populace towards minimally invasive procedures for skin enhancement is fueling growth of the global epidermal growth factors market

The American Society of Plastic Surgeons (ASPS) released a report stating that around 15.9 million minimally invasive cosmetic procedures were performed in the U.S. during 2014-2015. These numbers provide a strong evidence to support the growth in the cosmetic industry and thereby suggesting high growth possibilities of global epidermal growth factors market.

Aspiration of large population for better looking and healthy skin is acting as a primary driver for the global epidermal growth factors market growth

The primary driver of the global epidermal growth factors market is the increasing preference of people towards healthy, toned, and glowing skin. According to a report released by The Private Clinic, London, 2015, over 51,000 people in the U.K. opted for cosmetic surgery. Moreover, increasing population of metrosexuals further creates a favorable environment for growth of the market. Apart from this, mid-age population as well as younger population with acne problems striving for younger looking and healthy skin are also potential factors that could fuel the global epidermal growth factors market growth.

However, minimal research that has been carried out in the field and no strong evidences to prove the effectiveness of the treatment could hinder growth of the global epidermal growth factors market.