Global Microdermabrasion Devices Market to Reach US$ 481.09 Mn in 2022
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| Microdermabrasion Devices Market |
Market Overview:
The
global microdermabrasion devices market is estimated to be valued at US$ 481.09
Mn in 2022 and is expected to exhibit a CAGR of 8.0% over the forecast period
2023-2030. Microdermabrasion devices are used in dermatology clinics and spas
for exfoliating the skin and improving its texture. These devices offer
advantages such as deep exfoliation, reduction of fine lines and wrinkles,
improvement in skin tone and texture, and stimulation of collagen production.
With the increasing awareness about skincare and the desire for youthful
appearance, there is a growing demand for microdermabrasion devices. Moreover,
the rising prevalence of skin disorders and the growing beauty industry are
driving the market growth for microdermabrasion devices.
Market key trends:
One
key trend in the microdermabrasion devices market is the adoption of portable
and home-use devices. Previously, microdermabrasion treatments were only
available in dermatology clinics and spas. However, with technological
advancements, portable and home-use microdermabrasion devices have been
developed. These devices offer convenience and cost-effectiveness to consumers,
as they can now perform the treatment at their own homes. This trend is
particularly popular among millennials and individuals with busy lifestyles who
prefer at-home skincare solutions. The demand for portable and home-use
microdermabrasion devices is expected to witness significant growth in the
forecast period, contributing to the overall market expansion.
Segment
Analysis:
The microdermabrasion devices market can be segmented based on type, end-use,
and region.
Based on type, the market can be further segmented into crystal
microdermabrasion devices and diamond microdermabrasion devices. Diamond
microdermabrasion devices dominate the market segment due to their higher
efficiency and effectiveness in removing dead skin cells and treating various
skin conditions. Diamond microdermabrasion devices provide a deeper exfoliation
and are less likely to cause any discomfort or irritation to the skin compared
to crystal microdermabrasion devices.
In terms of end-use, the market can be segmented into dermatology clinics, spas
and salons, and home use. Dermatology clinics hold the dominant share in the
microdermabrasion devices market as they offer professional treatments and have
a wide range of devices catering to different skin types and conditions.
However, the home use segment is expected to witness significant growth in the
forecast period due to the growing trend of self-care and the availability of
portable and user-friendly devices in the market.
Key Takeaways:
The global
microdermabrasion devices market is expected to witness high growth,
exhibiting a CAGR of 8.0% over the forecast period of 2023-2030. The market is
driven by various factors, including the increasing prevalence of skin-related
issues such as acne, scars, and skin aging, the growing awareness about
skincare, and the rising demand for minimally invasive aesthetic procedures.
Moreover, advancements in technology and the introduction of innovative and
user-friendly devices are further fueling market growth.
In terms of regional analysis, North America is expected to be the
fastest-growing and dominating region in the microdermabrasion devices market.
This can be attributed to the high disposable income, the presence of a large
number of dermatology clinics and spas, and the increasing demand for
non-surgical aesthetic procedures in the region. Europe is also expected to
witness significant growth due to the rising awareness about skincare and the
growing demand for advanced aesthetic treatments.
Key players operating in the microdermabrasion devices market include
DermaSweep Inc., Lifetrons Switzerland AG, Trophy Skin, Silk’n, HoMedics USA
LLC, PMD Beauty, Dermaglow, ImageDerm Inc., Clairderm Medical Aesthetics,
Sylvan Company, Altair Instruments, Koninklijke Philips, Microderm GLO Skincare
USA, Silhouet-Tone, and Edge Systems LLC. These key players focus on product
innovation, strategic collaborations, and mergers and acquisitions to maintain
their market presence and gain a competitive edge.
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