New York, Oct. 19, 2023 (GLOBE NEWSWIRE) -- According to a recent report by Market.us, the Global Microdermabrasion Devices Market size is expected to be worth around USD 1,109.9 Million by 2032 from USD 501 Million in 2022, growing at a CAGR of 8.5 % during the forecast period from 2023 to 2032.
Microdermabrasion is a non-invasive exfoliating treatment that helps for the improvement of the texture as well as the appearance of skin by the removal of the outermost layer of dead skin cells. Moreover, these devices typically use the crystal or diamond-tipped applicators to gently scrape the skin.
They can be larger or handheld machines that are used in professional settings such as dermatology clinics, spas, and aesthetic centers. The market for microdermabrasion devices is expanding significantly due to the increasing prevalence of dermatological disorders. The expansion is further fuelled by an ever-increasing fixation with achieving unblemished, clear and bright skin.
Key Takeaway
- By Type, the crystal microdermabrasion devices segment accounted for the largest revenue share of 54% in 2022.
- By Indications, the anti-aging segment dominated the global microdermabrasion market in 2022.
- By End-User, hospitals & dermatology clinics held the highest revenue share in 2022.
- In 2022, North American market remained the largest contributor to the microdermabrasion devices market with the highest revenue share.
- Asia-Pacific will expand with a substantial CAGR throughout 2023-2032.
Market.us has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View a PDF sample report @ https://market.us/report/microdermabrasion-devices-market/request-sample/
Factors affecting the growth of the global microdermabrasion devices market
There are several factors that can affect the growth of the global microdermabrasion devices market. Some of these factors include:
- Rising Incidence of Skin-Related Diseases: The increase in the prevalence of skin-related diseases has significantly contributed to the growth of the microdermabrasion devices market. Skin conditions such as acne, scarring, wrinkles, age spots, and sun damage can be effectively treated using microdermabrasion.
- Increasing Demand for Minimally Invasive Procedures: There is a growing demand for minimally invasive cosmetic procedures driven by factors such as the desire for flawless skin, especially among women.
- Rising Geriatric Population: People are increasingly sharing photos and videos of their pets on social media, which has helped to popularize certain breeds as well as led to a greater interest in pet fashion and accessories.
- Regulatory Considerations: The microdermabrasion devices market may face regulatory constraints and requirements imposed by health authorities and regulatory bodies. Compliance with safety standards, product approvals, and quality assurance processes can increase the time and cost of bringing new devices to market and limit the entry of new players.
Top Trends in Global Microdermabrasion Devices Market
There is a rising trend of devices that combine the microdermabrasion procedure with other skincare treatments. For example, some devices might combine microdermabrasion with topical product infusion or light therapy to deliver additional benefits. In addition, the frequent rise in online shopping has led more companies to opt for the online sale of their microdermabrasion devices, allowing them to reach a large customer base. In addition, several companies prefer the use of online marketing strategies, which include social media and influencer partnerships, for the promotion of their devices.
Market Growth
The increasing disposable income of consumers and worldwide acceptance of non-invasive procedures for skin beautification is also expected to surge the market growth during the forecast period. However, the adverse effects and competition from the alternative treatments are likely expected to impede market growth.
Regional Analysis
North America dominated the global microdermabrasion devices market, with the highest revenue share of 54% in 2022. This regional growth can be highly attributed to the growing demand for cosmetic procedures by both aged individuals and adults. Moreover, North America also had the highest procedure volume of non-surgical aesthetic treatments worldwide. In addition, the large target population and high demand for minimally invasive procedures in this region are likely expected to boost the market growth for microdermabrasion devices. On the other hand, Asia Pacific is anticipated to expand at the fastest CAGR owing to the increase in focus on physical appearance in countries Like India, China, and Thailand.
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Scope of the Report
| Report Attributes | Details |
| Market Value (2022) | USD 501 Million |
| Market Size in 2032 | USD 1,109.9 Million |
| CAGR (2023 to 2032) | 8.5% |
| North America Revenue Share | 54% |
| Asia Pacific Revenue Share | 21% |
| Historic Period | 2016 to 2021 |
| Base Year | 2022 |
| Forecast Year | 2023 to 2032 |
Market Drivers
The increase in number of aged individuals worldwide has been a significant driver over the past few years. As age increases, individuals often seek treatments that can help them maintain a youthful appearance. One such non-invasive treatment is microdermabrasion. This treatment can help to reduce the signs of aging. In addition, the microdermabrasion procedure requires a negligible recovery time. This has made it a popular treatment choice among individuals who are looking for skin rejuvenation. Moreover, the rising prevalence of skin-related disorders such as acne scarring, pigmentation, and other disorders is positively driving the demand for microdermabrasion devices.
Market Restraints
Though microdermabrasion is usually safe, sometimes it can lead to adverse effects such as redness, skin irritation, and sensitivity. Such potential adverse effects can limit the number of individuals opting for this treatment. The market for skincare and aesthetic treatments is vast and has several different treatment options available. Some of these treatments are laser skin resurfacing, chemical peels, and dermabrasion. This can give tough competition to microdermabrasion.
Market Opportunities
Emerging economies such as Asia Pacific and Latin America highly contribute to the generation of numerous growth opportunities. This growth may be the impact of increased disposable income of the individuals in these regions. Moreover, these regions have become more open to non-invasive aesthetic procedures, which makes them a target market for the expansion of microdermabrasion devices. In addition, technological advancements can make microdermabrasion devices user-friendly and more effective, which may lead to increased demand. For instance, devices that combine microdermabrasion with other treatments, such as topical product infusion and light therapy, can provide added benefits and appeal to an extensive range of customers.
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Report Segmentation of the Microdermabrasion Devices Market
Type Insight
The crystal microdermabrasion devices segment held the largest revenue share of 54% in 2022, owing to its ability to provide a smooth appearance as compared to diamond microdermabrasion devices. In addition, these devices work gently, offering individuals with improved safety during the treatment. This is expected to fuel the segment growth during the forecast period.
Indications Insight
The anti-aging segment dominated the global market with the largest share of 33% in 2022. Microdermabrasion can effectively reduce or eliminate wrinkles and fine lines, age spots, sun damage, and other signs of aging. This effectiveness propels the demand of the anti-aging segment. In addition, the rising geriatric population is one of the most significant factors behind the growth of this segment. As a result, the number of non-invasive treatments has increased worldwide, and the focus on aesthetic procedures has grown. This is likely expected to surge the market growth in the coming years.
End-User Insight
Hospitals & dermatology clinics accounted for the highest revenue share in 2022 owing to efficiency and relatively high procedure quality offered at hospitals & dermatology clinics. The segment is also expected to grow more during the forecast period. This is because the procedure which is carried out under the supervision of an aesthetic professional is the most effective as well as gives more visible results.
Market Segmentation
By Type
- Diamond Microdermabrasion Devices
- Crystal Microdermabrasion Devices
By Indications
- Anti-Aging
- Hyperpigmentation
- Acne & scars
- Other Indications
By End-User
- Hospitals & Dermatology Clinics
- Home Use
- Other End-Users
By Geography
North America
- US
- Canada
Europe
- Germany
- France
- The UK
- Spain
- Italy
- Russia
- Netherland
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- New Zealand
- Singapore
- Thailand
- Vietnam
- Rest of APAC
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Market.us has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View a PDF sample report @ https://market.us/report/microdermabrasion-devices-market/request-sample/
Competitive Landscape
Major market players are currently focused on the implementation of diverse tactics to increase their market presence and either cement or increase their respective market shares. Also, they are seeking entry in foreign markets to further expand their operations. Additionally, such businesses employ strategies such as partnerships, competitive pricing, collaborations along with mergers & acquisitions. This constitutes the competitive landscape in the global market in its entirety, enhancing the dermatology portfolio and manufacturing of microdermabrasion devices. This significantly drives the market growth.
Market Key Players
- Johnson & Johnson Inc
- Koninklijke Philips N.V.
- Lumenis Ltd
- Advanced Microderm Inc.
- Silhouet-Tone
- The HydraFacial Company
- Envy Medical, Inc
- Dermaglow
- Skin for Life
- Altair Instruments
- PMD Beauty
- ImageDerm Inc.
- Other Key Players
Recent Development of the Microdermabrasion Devices Market
- In August 2023, Exor N.V. a holding firm based in the Netherlands bought a 15% share in the medtech giant Koninklijke Philips N.V. for US$ 2.8 billion. Exor has thus become a long-term investor of the business.
- In September 2023, the Beauty Health Company, parent business to the The HydraFacial Company, announced pop-up suites to be made available at Harrods. Harrods is a UK-based luxury department store. This collaboration aims to deliver a personalized skin health experience to the Harrods’ customers.
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