IMARC Group, a leading market research company, has recently releases report titled “Microdermabrasion Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The study provides a detailed analysis of the industry, including the global microdermabrasion devices market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the microdermabrasion devices market?
The global microdermabrasion devices market size reached US$ 496.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 791.6 Million by 2028, exhibiting a growth rate (CAGR) of 8.2% during 2023-2028.
What are microdermabrasion devices?
The rising prevalence of skin diseases due to increasing pollution and sun damage is one of the primary factors driving the market growth. Microdermabrasion devices are widely used for removing dead skin cells, unclogging pores, enhancing blood circulation, and promoting the absorption of topical ointments in the treatment of acne, melasma, dark spots, discoloration, and hyperpigmentation. In addition to this, the growing demand for pain-free and minimally invasive (MI) cosmetic procedures is acting as another growth-inducing factor. Furthermore, the widespread product adoption owing to the rising geriatric population to improve skin elasticity and minimize the appearance of fine lines, wrinkles, and other signs of aging is providing an impetus to the market growth.
Additionally, the recent development of hydro microdermabrasion devices that use water to exfoliate skin instead of abrasive materials, which, in turn, soothe sensitive skin, minimize irritation, and improve skin hydration, is positively influencing the market growth. Apart from this, the adoption of portable and at-home microdermabrasion devices that are cost-effective, easy to use, and enhance user convenience is favoring the market growth. Moreover, the increasing number of aesthetic clinics and spas that offers various cosmetic treatments, including microdermabrasion, is propelling the market growth. Other factors, including the rising expenditure capacities of consumers, easy product availability across e-commerce platforms, extensive research and development (R&D) activities, and growing consumer awareness regarding self-care, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 791.6 Million by 2028, exhibiting a CAGR of 8.2% during 2023-2028.
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What are the growth prospects and trends in the microdermabrasion devices industry?
The sudden outbreak of the COVID-19 pandemic is primarily driving the microfluidics market by catalyzing the demand for detection approaches based on this technology, which can aid in developing rapid, effective, and easy-to-use clinical detection techniques. Moreover, microfluidics has several advantages, such as high sensitivity, specificity, controlled fluid handling, low volume sampling, etc., which are augmenting the global market. Aside from that, the increasing prevalence of acute and chronic diseases across countries is driving up product demand.
Additionally, the increasing adoption of microfluidics for blood analysis and Point-of-Care (POC) testing of cancer and infectious diseases is acting as another growth-inducing factor. Apart from this, the expanding popularity of nanofibers in tissue engineering and regenerative medicine is propelling the market growth since microfluidics enables the custom-made fabrication of nanofibers in a broad range of materials and morphologies. This, in turn, is anticipated to fuel the global microfluidics market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Crystal Microdermabrasion Devices
- Diamond Microdermabrasion Devices
Breakup by Application:
- Acne and Scars
- Photo Damage
- Anti-Aging
- Hyperpigmentation
- Stretch Marks
- Others
Breakup by End User:
- Hospital
- Dermatology Clinics
- Home Use
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Altair Instruments
- Bio-Therapeutic Computers Pvt. Ltd.
- Dermaglow
- DermaMed Solutions
- ImageDerm Inc.
- Johnson & Johnson Private Limited
- Koninklijke Philips N.V.
- Microderm GLO
- PMD Beauty
- Silhouet-Tone
- Skin for Life.
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