In 2018, the global market for microdermabrasion devices was valued at USD 413.40 millions. This forecast period will see a CAGR 8.9%. Market growth is expected to be driven by rising cases of skin conditions.
The industry's growth is expected to be fueled by a high demand for antiaging services (treatments, procedures) because of the increasing geriatric population. This will ultimately increase the market demand for microdermabrasion equipment.
Among the main factors driving product demand are rising skin-related cases, growing disposable income levels and acceptance of non-invasive skin beautification procedures worldwide.
Globalization and social media have had a positive impact on product demand, which has boosted market growth. Market growth is expected to increase with the introduction of new products that treat various skin conditions. Silhouet-Tone and Koninklijke Philips N.V. are some of the major players in the global market.
The market for microdermabrasion products can be divided into crystal and diamond microdermabrasion device segments based on their type. In 2018, the largest market share was held by the diamond segment. The devices are simple to use and provide complete safety for patients during treatment. This has fueled the segment's growth. This equipment is ideal for treating a variety of skin conditions such as wrinkles and fine lines, acne scars or uneven skin tone, hyperpigmentation, stretch marks, old skin tags, and skin imperfections. These systems are also non-invasive and highly effective. They increase blood flow and the production of collagen in your skin.
The market for microdermabrasion machines can be divided by application into photodamage, acne & scars and hyperpigmentation. In 2018, the market's largest share was held by the others segment. This is due to growing demand for skin-related treatments for many conditions.
Due to factors such as an increasing geriatric population, anti-aging is the fastest growing application segment. According to the Population Reference Bureau (PRB), the population over 65 years old will reach almost 98 million by 2060, nearly twice the population in 2016.
The market for microdermabrasion systems can be divided into two segments based on end-use: clinics & beauty centres and home use. The fastest CAGR is expected to be 9.0% in the clinics & beauty center segment during the forecast period. This is due to the high quality and efficiency of treatment offered in these settings.
Home-use is also growing in popularity, as they are more user-friendly and provide greater comfort. Segment market growth is also driven by the demand for home-based medical treatment.
North America held a significant market share in 2018, due to the increase in cosmetic procedures and high demand of minimally invasive techniques. Market growth will be driven further by the presence of many companies and the availability of highly skilled dermatologists in North America. The market for microdermabrasion equipment will grow due to the introduction of new products and better services for patients in the region.
Asia Pacific dominated the market in 2018, and will likely see the highest CAGR during the forecast period. This is due to the increasing number of dermatology procedures performed, the presence and growing disposable income levels of the target population, as well as the availability of cost-effective treatments.
Johnson & Johnson, Skin for Life and Altair Instruments are some of the major players in this market.
This report provides a forecast of revenue growth at the global, regional and country level and analyzes the most recent industry trends in each sub-segment from 2015 to 2026. Up Market Research has divided the global market for microdermabrasion devices on the basis type, application, end use, and region.
Type Outlook (Revenue USD Million, 2015-2026)
Crystals
Diamonds
Application Outlook (Revenue USD Million, 2015-2026)
Acne & Scars
Photo Damage
Anti-aging
Hyperpigmentation
Stretch Marks
Other
End-Use Outlook, Revenue, USD Million, 2015-2026
Home Use
Clinics & Beauty Centres
Regional Outlook (Revenue USD Million, 2015-2026)
North America
The U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Asia Pacific
China
Japan
India
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
Colombia
Middle East and Africa (MEA).
South Africa
Saudi Arabia
UAE
b. The market for microdermabrasion devices worldwide was valued at USD 449.4 Million in 2019, and is expected to grow to USD 531.9 Million by 2020.
How is the market for microdermabrasion devices growing?b. The global market for microdermabrasion products is expected to expand at 8.9% per year from 2019 to 2026, reaching USD 818.3 millions by 2026
Which market segment had the largest share of microdermabrasion products?b. With a market share of 24.6%, North America was the dominant market for microdermabrasion devices in 2019, due to an increase in cosmetic procedures and high demand of minimally invasive treatments.
What are the major players in the microdermabrasion market?b. b.
What are the driving factors for the market for microdermabrasion?b. Market growth is driven by rising skin conditions and high demand of anti-aging treatments.
Up Market Research published a new report titled “Microdermabrasion Devices Market research report which is segmented by End Use (Home Use, Clinics & Beauty Centers), by Application (Photo Damage, Anti-aging), by Type (Crystals, Diamonds), By Players/Companies Lumenis ltd, Silhouet-Tone, Johnson & Johnson, Dermaglow, PMD, Koninklijke Philips NV, Altair Instruments, Skin for Life”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Microdermabrasion Devices Market Research Report |
By End Use | Home Use, Clinics & Beauty Centers |
By Application | Photo Damage, Anti-aging |
By Type | Crystals, Diamonds |
By Companies | Lumenis ltd, Silhouet-Tone, Johnson & Johnson, Dermaglow, PMD, Koninklijke Philips NV, Altair Instruments, Skin for Life |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 213 |
Number of Tables & Figures | 150 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by End Use (Home Use, Clinics & Beauty Centers), by Application (Photo Damage, Anti-aging), by Type (Crystals, Diamonds).
Microdermabrasion Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Microdermabrasion Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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