Report Code: A10454 | Pages: 250 | Nov 2022 | 1326 Views | ||
Author(s) : Pradnya K, Madhuvanti D , Onkar S | Tables: 150 | Charts: 61 |
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The global microdermabrasion devices market size was valued at $333.8 million in 2021, and is projected to reach $882.1 million by 2031, growing at a CAGR of 10.2% from 2022 to 2031. Microdermabrasion is a non-invasive procedure used to renew overall skin tone and texture. It can improve the appearance of sun damage, wrinkles, fine lines, age spots, acne scarring, melasma, and other skin-related concerns and conditions. The procedure uses a special applicator with an abrasive surface to gently sand away the thick outer layer of the skin to rejuvenate it. A different microdermabrasion technique sprays fine particles of aluminum oxide or sodium bicarbonate with a suction to accomplish the same outcome as using the abrasive surface. Read on to learn more about the procedure. There are two basic types of microdermabrasion crystal microdermabrasion and diamond microdermabrasion. They both offer similar benefits, but the process between the two is slightly different. These devices are easy to use and offer complete safety to the patients while treatments.
Increase in demand for microdermabrasion devices is anticipated to increase globally during the forecast period, owing to the rise in skin-related conditions increased consumer disposable income, and global acceptance of non-invasive procedures for skin beautification. In addition, the growing geriatric population, advanced microdermabrasion devices and increase in growth of dermatology industry further drive microdermbrasion devices market growth globally. However, reimbursement issues, high cost of cosmetic products and clinical risk and complications associated with dermatology procedures restrain the market during microdermabrasion devices market forecast. Conversely, rise in demand in emerging markets and increase in healthcare spending are expected to offer lucrative microdermabrasion devices market opportunity for the key player in the market.
Coronavirus (COVID-19) was discovered in December 2019, in Hubei province of Wuhan city in China. A virus, severe acute respiratory syndrome coronavirus 2, causes the disease (SARS-CoV-2), which transmitted among humans. The disease rapidly spread to other parts of the globe post its discovery in Wuhan. Moreover, this virus causes various symptoms in patients, which range from common symptoms to serious symptoms. For instance, common symptoms include fever, dry cough, and fatigue. However, serious symptoms include difficulty in breathing or shortness of breath, chest pain, and loss of speech or movement. Furthermore, the virus has high potential of lethality in geriatric population. On March 11, 2020, the World Health Organization declared it as a pandemic. In addition, there are only a few vaccines that received emergency approvals for COVID-19 prevention. Thus, social distancing is observed as the most important measure to limit the spread of this disease. Furthermore, to maintain social distancing in various countries across the globe have led to adoption of lockdowns. The COVID-19 pandemic has had a negative impact on global microdermabrasion devices market. Lockdowns that were implemented in various nations resulted in the closure of dermatology clinics, beauty salons & med spas, and retail stores because the majority of cosmetic products did not come under essential needs. However, during the COVID-19 pandemic, the prevalence of a number of skin disorders like contact dermatitis, acne, and seborrheic dermatitis, among others has grown, which will eventually add traction to the overall market size. However, the relaxation of the strict guidelines during the post-pandemic period is expected to boost the growth of the market.
The microdermabrasion devices market size is segmented on the basis of type, application, end user and region. On the basis of type, the market is bifurcated into diamond microdermabrasion devices and crystal microdermabrasion devices. On the basis of application, the market is classified into acne & scars, photo damage, anti-ageing, hyperpigmentation, stretch marks and others. On the end user, the market is classified into hospitals & dermatology clinics, spas & beauty centers and home use. Furthermore, on the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Global microdermabrasion devices market by type
By type, the crystal microdermabrasion devices segment was the major revenue contributor of microdermabrasion devices market share in 2021, and is anticipated to continue this trend during the forecast period, owing to the rise in skin-related conditions increased consumer disposable income, and global acceptance of non-invasive procedures for skin beautification. In addition, the increasing demand for skin procedures is estimated to result in dermatologists offering higher-margin procedures which further boost growth of the market. On the other side,according to microdermbrasion devices market forecast,diamond microdermabrasion devices segment is projected to exhibit the fastest market growth , owing to the managing patient safety during therapy, its pain free, easy to use and simple procedure as no chemicals are used in this. In addition, it helps in treating everything from acne scars to wrinkles which further boost microdermabrasion devices market growth.
Global microdermabrasion devices market by application
By application, the anti-aging segment was the major revenue contributor of microdermabrasion devices market share in 2021, and is anticipated to continue this trend during the forecast period, owing to increase in geriatric population, growing demand of minimal invasive procedures, increase in disposable income. In addition, rise in consciousness among youth and women about their skin and body are expected to fuel the anti-aging segment growth during the forecast period.
Global microdermabrasion devices market by end user
By end user, the hospitals & dermatology clinics segment had the largest microdermabrasion devices market share in 2021, and is anticipated to continue this trend during the forecast period, owing to relatively high procedure quality and efficiency offered at hospitals and dermatology clinics. In addition, the procedure carried out in-office under the supervision of an aesthetic professional is more effective and gives more visible results and therefore has a high microdermabrasion devices industry growth.
Global microdermabrasion devices market by region
By region, North America dominated the market in 2021, accounting for the highest share, and is anticipated to maintain this trend during the forecast period. Owing to rise in well-established healthcare system, increase in number of geriatric patients and increasing number of cosmetic procedures and high demand for minimally invasive techniques. In addition, presence of large number of skilled dermatologists and presence of advanced innovative cosmetic products further boost the microdermabrasion devices industry growth.
The major companies profiled in the report include Altair Instruments , Derma glow, ImageDerm Inc., Koninklijke Philips N.V., Microderm GLO, PMD Beauty (Age Science Inc.), Silhouet-Tone , Silkn.Com, Skin for Life, Trophy Skin.
Microdermabrasion Devices Market Report Highlights
Aspects | Details |
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Market Size By 2031 | USD 882.1 million |
Growth Rate | CAGR of 10.2% |
Forecast period | 2021 - 2031 |
Report Pages | 250 |
Type |
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Application |
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End User |
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By Region |
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Key Market Players | ImageDerm Inc, Skin for Life, Altair Instruments, Dermaglow, Age Sciences Inc., Microderm GLO, silhouet-tone (canada) ltée, Koninklijke Philips N.V., Silkn.com, Trophy Skin |
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This section provides opinions of top-level CXOs operating in the global microdermabrasion devices market forecast. According to insights of CXOs, the global microdermabrasion devices market is expected to exhibit high growth potential attributable to factors such as rise in in R&D activities in pharmaceutical industry for manufacturing of dermatological; increase in prevalence of skin diseases, such as acne, atopic dermatitis, rosacea; and surge in number of approvals by the U.S. Food and Drug Administration (FDA) for dermatological. Furthermore, the microdermabrasion devices market has gained interest of pharmaceutical manufacturing companies, owing to surge in demand for skin care products. Moreover, increase in number of teenagers, who are highly prone to skin diseases, owing to change in hormonal level, notably contributes toward growth of the market.
The CXOs further added that North America is expected to witness the highest growth, in terms of revenue, owing to rise in prevalence of acne, increase in number of approvals for dermatological products, and strong presence of key players.
A. The global microdermabrasion devices market accounted for $333.78 million in 2021, and is expected to reach $882.08 million by 2031.
A. Rise in skin-related conditions, increased consumer disposable income, and global acceptance of non-invasive procedures for skin beautification are the upcoming trends of Microdermabrasion Devices Market in the world.
A. Anti-ageing is the leading application of Microdermabrasion Devices Market.
A. North America is the largest regional market for Microdermabrasion Devices.
A. Altair Instruments , Derma glow, ImageDerm Inc., Koninklijke Philips N.V., Microderm GLO, PMD Beauty (Age Science Inc.), Silhouet-Tone, Silkn.Com, Skin for Life, and Trophy Skin are the top companies to hold the market share in Microdermabrasion Devices.
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