Epidermal growth factors (EGF) are proteins that stimulate cell growth, proliferation, and differentiation by attaching to epidermal growth factor receptors. These receptors are discovered in the parotid gland and the submandibular gland in humans. Epidermal growth factors (EGFs) are transforming the face of anti-aging skin and hair care. EGF products are created in such a manner that they repair damaged skin and encourage the formation of healthy cells through cell differentiation and proliferation, resulting in clearer skin and a more youthful appearance. Commercially accessible epidermal growth factors are extensively purified and refined utilizing typical chromatographic processes in order to maintain the commercial product’s value in matching human skin regeneration. Epidermal growth factors have revolutionized anti-aging therapies in the beauty and skincare market, and their demand has been steadily increasing. E. coli, a well-known biotechnological bacterium, is the most common source of protein synthesis in modern medicine.
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Increasing inclination of the populace towards minimally invasive procedures for skin enhancement is fueling growth of the global epidermal growth factors market
According to the American Society of Plastic Surgeons (ASPS), around 15.9 million minimally invasive cosmetic treatments were conducted in the U.S. in 2014-2015. These figures give significant evidence supporting the beauty industry’s growth, implying that the global epidermal growth factors market has a good prospect.
The global epidermal growth factors market is segmented on the basis of product type, application, end user, and geographical regions.
On the basis of product type,
On the basis of application,
- EGF Cream
- EGF Lotion
- EGF Mask
Based on end user,
- Skin Clinics
- Dermatological Centers
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The global epidermal growth factors market is divided into the Asia Pacific, North America, Latin America, Africa Europe, and the Middle East. Due to large capital investments in the development of advanced medicine, North America is expected to account for the largest share in the global epidermal growth factors market. According to a 2017 CNBC article, several companies in the U.S. are developing human skin in labs to avoid animal testing, which requires significant R&D expenditure. The Asia Pacific and Europe, which have emerging beauty industry advancements, are expected to have an increase in the sales and manufacturing of epidermal growth factors during the forecast period. For instance, the cosmetics sector in South Korea is rapidly growing not just locally but also globally as a result of product launches that mix luxury and quality trends at reasonable rates.
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 key driver of the global epidermal growth factors market is people’s increasing demand for toned, bright, and healthy skin. Around 51,000 people in the United Kingdom chose cosmetic surgery in 2015, according to a survey published by The Private Clinic in London. Furthermore, the growing population of metrosexuals presents a positive environment for a growing market. Aside from that, the mid-aged population, and also younger people with acne issues who want to have younger-looking and healthier skin, are potential drivers of the global epidermal growth factors market.
Furthermore, the global epidermal growth factors market’s growth could be hampered by limited field research and a lack of solid data to support the treatment’s efficacy.
Some of the major players contributing to the global epidermal growth factors market are BIOEFFECT, Ytkangdaer, Radiant Inc., BIO-FD&C Co. Ltd., Pavay, and LipoTrue, S.L.
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• Current and future of global Epidermal Growth Factors (EGF) Market outlook in the developed and emerging markets
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Epidermal Growth Factors (EGF) Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Epidermal Growth Factors (EGF) Industry Impact
Chapter 2 Global Epidermal Growth Factors (EGF) Competition by Types, Applications, and Top Regions and Countries
2.1 Global Epidermal Growth Factors (EGF) (Volume and Value) by Type
2.3 Global Epidermal Growth Factors (EGF) (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Epidermal Growth Factors (EGF) Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Epidermal Growth Factors (EGF) Market Analysis
Chapter 6 East Asia Epidermal Growth Factors (EGF) Market Analysis
Chapter 7 Europe Epidermal Growth Factors (EGF) Market Analysis
Chapter 8 South Asia Epidermal Growth Factors (EGF) Market Analysis
Chapter 9 Southeast Asia Epidermal Growth Factors (EGF) Market Analysis
Chapter 10 Middle East Epidermal Growth Factors (EGF) Market Analysis
Chapter 11 Africa Epidermal Growth Factors (EGF) Market Analysis
Chapter 12 Oceania Epidermal Growth Factors (EGF) Market Analysis
Chapter 13 South America Epidermal Growth Factors (EGF) Market Analysis
Chapter 14 Company Profiles and Key Figures in Epidermal Growth Factors (EGF) Business
Chapter 15 Global Epidermal Growth Factors (EGF) Market Forecast (2021-2027)
Chapter 16 Conclusions
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