According to Acumen Research and Consulting, the global microdermabrasion devices market size is poised to reach around US$ 650 million by 2026 growing at noteworthy CAGR around 8.6 % throughout the forecast period.
The microdermabrasion method is used to remove most dead skin cells from the outermost layer. Non-invasive procedure, without down time, is microdermabrasion. Treatment with microdermabrasion reduces superficial pigments and sun damage, as well as decreases fine lines, wrinkles, and acne scars. This skin exfoliation method enhances the skin's color and texture and shows fresh, soft and smooth, living cells. The skin is better positioned to absorb anti-aging and acne creams following medical microdermabrasion. At the same moment, the therapy also stimulates the underlying Epidermis and this encourages the development of fresh collagen, thickened dermis and enhanced aging resistance.
The report provides analysis of global Microdermabrasion Devices market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Due to the growing demand for non-invasive cosmetic treatments, the demand for microdermabrasion machines should increase. Microderma device is highly demanded because individuals are more aware and aware of how it looks. The amount of dermatological processes has increased, and the sector is prepared to progress continuously. In addition, medical conditions are also a significant factor in the practice of a dermatologist. In order for dermatologists to satisfy fresh requirements, more and more advanced cosmetic procedures have been offered. Companies that are managerial organisations, have more technology used to enhance the attractiveness, retention and participation of patients.
Cases of different skin circumstances are expected to increase the market development. The high demand for anti-aging (medicines and processes) is also projected to boost sector development owing to the increasing geriatric population. In the end, this raises the demand for microdermabrasion systems and thus drives the industry. Increasing skin-related circumstances, increasing disposable rates of revenue and worldwide recognition of non-invasive skin-improvement processes also play an important role in rising the demand for product. In addition, social media and globalisation, which boosts market growth, have also strongly impacted product demand. The introduction of fresh skin disorder goods is expected to boost future market growth. Dermaglow, Silhouet-Tone, Koninklijke Philips N.V. and Skin for Life are some of the main businesses in the worldwide industry.
In 2018, the diamond market share was dominated by the segment. These devices are simple to use and give patients full security during therapy, which stimulates the development of the segment. These devices are suitable for a variety of skin circumstances, like wrinkles, fine lines, skin scars, irregular skin toning, ancient stretch marks and hyperpigmentation. In addition, these systems are non-invasive, extremely efficient and contribute to increased blood circulation and collagen manufacturing in the skin.
In 2018 the other segment retained the biggest share of the market, and it is anticipated that the demand for skin processes under various circumstances will grow lucratively. Factors like the increasing geriatric population are the fastest increasing segment of applications. According to the Population Reference Bureau, for example, by 2060, it is estimated that there will be almost 98 million people over the age of 65, about twice that of 2016.
End Use Stance
The highest CAGR in 9.2 percent is anticipated in the forecast period due to the high quality and effectiveness of the therapy provided in these environments, for the Clinics and Beauty Centers section. Home use gains popularity as home-use goods are more comfortable and user-friendly. In addition, strong demand for home-based healthcare also promotes market development in the segment.
Due to increased numbers of cosmetic processes and strong demand for minimally invasive methods, North America retained a significant market share in 2018. The market will be further enhanced by the presence of many businesses together with the availability of qualified dermatologists in North America. Additionally, innovative products and enhanced patient care in the region will increase the development of the market for microderma machinery. The market share for Asia Pacific was leading in 2018 and is projected to be the highest CAGR over the forecast period. The growing amount of dermatological processes, target population presence, higher available incomes and the accessibility of cost-efficient processes can be ascribed to this.
In the worldwide microdermabrasion industry, Europe is the second biggest market, due to the growing use of skin-related therapy technology in the area. In addition, a large population of patients and increased healthcare costs facilitate market development in the area. In 2016, it was estimated that around 60 percent of the British population suffered from a certain type of skin illness according to the British Skin Foundation. In addition, some 28% of the inhabitants in the area contracted acne at some point in their lives. Because of the existence of bad countries in the African region, Near East and Africa have the least impact on the worldwide microdermabrasion market. The Middle East holds a large majority of the Middle and African markets because the healthcare industry is well developed and enormous spending on health care is made up of countries such as Saudi Arabia, Kuwait and Qatar within the region.
Global Microdermabrasion Devices Market, By Type
Global Microdermabrasion Devices Market, By Application
Global Microdermabrasion Devices Market, By End Use
Global Microdermabrasion Devices Market, By Geography
The market research study on “Microdermabrasion Devices Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Microdermabrasion Devices market segments with market dynamics and their impact. The report also covers basic technology development policies.
This study offers an assessment of the recent sector trends for each subsegment between 2015 and 2026 and providing an estimate for income development at worldwide, regional and nation levels. ARC has divided the worldwide market report on microdermabrasion instruments into the type, application, end use and region for this research:
Key Players & Strategies
Most microdermabrasion systems are produced by main players covered in this study. The key players profiled in the Report include Johnson & Johnson, Allergan Plc, Syneron Medical Ltd., Lumenis Ltd., Viora, Dermaglow, Silhouet-Tone, AltaIr Instruments, Skin for Life and Others.
These market leaders have a broad variety of products for microdermabrasion and a comprehensive worldwide distribution scheme. In addition, tiny players are entering the emerging markets in Asia. But a strict legislative structure and high quality standards set by the industry rulers will probably limit the pace at which fresh entrants penetrate the market.