Global microdermabrasion devices market size reached
value of US$ ~ 495.3 million in 2021 by Growth+ Reports' deep-dive market
assessment study. From 2022 to 2030, the market is predicted to grow at a CAGR
of ~8.62%.
Microdermabrasion is an easily
accessible, minimally insensitive epidermal resurfacing technique. The general
tone and consistency of the skin is improved by the non-invasive procedure of
microdermabrasion. It can help with sunburns, wrinkles, dark circles, age
spots, acne scars, melasma, and other epidermis problems and conditions. In
professional salons, microdermabrasion equipment is frequently used to remove
impurities from the skin and exfoliate it. They use diamond tips or tiny
crystals to remove dead skin cells, keeping your face smooth and revitalised.
The demand for microdermabrasion will
probably rise as it has been shown to be effective in treating acne and acne
scars. Numerous aesthetic professionals anticipate that after the epidemic,
patient traffic may significantly increase. The industry growth post-pandemic
is being fed by a number of factors, including an enormous rise in video chats
and the advantage of discreet rehabilitation at home. For example, American
Society of Plastic Surgeon from their survey discovered that more than 75% of
aesthetic plastic surgery practises are experiencing higher business than they
were prior to the epidemic. Due to the rising demand for anti-aging treatments
and procedures like wrinkle, age spots, etc., it is also predicted that the
ageing geriatric population will fuel industry expansion throughout the projection
period. In the end, this raises consumer demand for microdermabrasion treatment,
driving the market. Furthermore, it is anticipated that people will use
improved microdermabrasion equipment more frequently, which will help the
market expand.
Additionally, a variety of for-profit
businesses allow individuals to join equipment trials at facilities that give
patients helpful information about selecting a piece of apparatus that is
suited for their particular condition. For instance, Lancer Skincare, a leading
international skincare company based in Los Angeles and founded by Board
Certified Dermatologist Dr. Harold Lancer, announced the release of Pro Polish
Microdermabrasion Equipment, its first ever skincare exfoliating device. Also, in
2020, the American Society of Plastic Surgeons, United States reported that, there
will be about 522,693 microdermabrasion procedures performed. The growth of
social media and global trade has encouraged a desire, especially among women,
for beautiful, flawless skin, which has aided in the industry's expansion.
However, the
primary commercial restraint, is the high cost of the microdermabrasion
procedure. The availability of several medical treatments is one of the key
factors limiting the expansion of the microdermabrasion sector. The absence of
infrastructure in many nations will also provide a significant barrier to the
industry's expansion.
According to
regional distribution, North America leads the global market for
microdermabrasion devices, followed by Europe, the Asia Pacific area, and the
rest of the world. North America is expected to see the highest CAGR of any
region throughout the projection period. The increase can be attributed to an
increase in the senior population. This indicates that there is a high demand
for anti-aging treatments in America since Americans are more concerned about
looking young. Over the past ten years, there has been a surge in the
availability of non-invasive treatments due to the rising focus on aesthetics.
For instance, numerous data indicate that women who use social media frequently
and have low self-esteem are more likely to get cosmetic surgery.
The market for microdermabrasion devices has a few significant companies and is moderately competitive. Few of the big competitors now control the majority of the market in terms of market share. And some well-known players are actively making acquisitions and launching new products with other businesses to strengthen their market positions around the world. The business organizations holding the highest earnings of global blood and fluid warming devices are, Johnson & Johnson, Skin for Life, Altair Instruments, Dermaglow, Silhouet-Tone, Lumenis Ltd., Envy Medical, Inc., The HydraFacial Company, Koninklijke Philips N.V., Altair Instruments, ImageDerm Inc., PMD Beauty, and Microderm GLO.
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