The microdermabrasion devices market is estimated to witness a CAGR of 5.85% to reach US$182.478 million in 2024 from US$129.752 million in 2018. Microdermabrasion is a skin exfoliating technique used to remove the dead cells of the skin. Microdermabrasion devices are used to mellow down the pigmentation and acne marks which improves the texture of the skin and promotes healthier skin cells. The global microdermabrasion market is expected to witness healthy growth on account of increasing skin-related problems, a rapidly growing geriatric population, and increasing health care expenditure. The increasing awareness and consciousness regarding looks among the people along with the rapid development in the dermatology sector are anticipated to fuel the market growth in the upcoming years. Furthermore, increasing demand for non-invasive cosmetic procedures is projected to increase the demand for microdermabrasion devices.
The microdermabrasion market has been segmented on the basis of technology, application, end-user, and geography. Geographically, North America is expected to hold a significant market share on account of the early adoption of technology for skincare treatment. Further, Asia-Pacific is also anticipated to grow at a substantial rate owing to the rising disposable income leading to rising health expenditure coupled with increasing investment in the healthcare sector.
• Growing demand for Non-Invasive cosmetic procedures.
• Budding cosmetic industry.
• Presence of alternative products and procedures.
The major players profiled in the Microdermabrasion Devices market include Silhouet-Tone, Altair Instruments, Koninklijke Philips N.V., Viora, Lifeline Medical Inc., Syneron Medical Ltd., Dermaglow, Johnson & Johnson Consumer Inc., and PMD Beauty.
|Market size value in 2018||US$129.752 million|
|Market size value in 2024||US$182.478 million|
|Growth Rate||CAGR of 5.85% from 2018 to 2024|
|Forecast Unit (Value)||USD Million|
|Segments covered||Technology, Application, End-User, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Silhouet-Tone, Altair Instruments, Koninklijke Philips N.V., Viora, Lifeline Medical Inc., Syneron Medical Ltd., Dermaglow, Johnson & Johnson Consumer Inc., PMD Beauty|
|Customization scope||Free report customization with purchase|
The microdermabrasion devices market has been analyzed through the following segments:
• By Technology
o Crystal Microdermabrasion
o Diamond Microdermabrasion
• By Application
o Acne Scar
o Stretch Marks
• By End User
o Dermatology Clinics
• By Geography
o North America
o South America
? United Kingdom
o Middle East and Africa
? Saudi Arabia
o Asia Pacific
? South Korea
Frequently Asked Questions (FAQs)
Q1. What will be the microdermabrasion devices market size by 2024?
A1. The microdermabrasion devices market is estimated to reach a market size of US$182.478 million in 2024.
Q2. What are the growth prospects for the microdermabrasion devices market?
A2. The global microdermabrasion devices market is estimated to witness a CAGR of 5.85% over the forecast period.
Q3. What is the size of global microdermabrasion devices market?
A3. Microdermabrasion Devices market was valued at US$129.752 million in 2018.
Q4. What factors are anticipated to drive the microdermabrasion devices market growth?
A4. The global microdermabrasion market is expected to witness healthy growth on account of increasing skin-related problems, a rapidly growing geriatric population, and increasing health care expenditure.
Q5. Which region holds the largest market share in the microdermabrasion devices market?
A5. Geographically, North America is expected to hold a significant market share on account of the early adoption of technology for skincare treatment.
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. MICRODERMABRASION DEVICES MARKET BY TECHNOLOGY
5.1. Crystal Microdermabrasion
5.2. Diamond Microdermabrasion
6. MICRODERMABRASION DEVICES MARKET BY APPLICATION
6.1. Hyper Pigmentation
6.2. Acne Scar
6.3. Stretch Marks
7. MICRODERMABRASION DEVICES MARKET BY END USER
7.2. Dermatology Clinics
8. MICRODERMABRASION DEVICES MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.5. Asia Pacific
8.5.3. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.2. Altair Instruments
10.3. Koninklijke Philips N.V.
10.5. Lifeline Medical Inc.
10.6. Syneron Medical Ltd.
10.8. Johnson & Johnson Consumer Inc.
10.9. PMD Beauty
LIST OF FIGURES
LIST OF TABLES
Koninklijke Philips N.V.
Lifeline Medical Inc.
Syneron Medical Ltd.
Johnson & Johnson Consumer Inc.
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