PUBLISHER: SkyQuest | PRODUCT CODE: 1448298
PUBLISHER: SkyQuest | PRODUCT CODE: 1448298
Global Microdermabrasion Devices Market size was valued at USD 510 million in 2022 and is poised to grow from USD 554.88 million in 2023 to USD 1089.51 million by 2031, growing at a CAGR of 8.8% in the forecast period (2024-2031).
Since microdermabrasion has shown to be successful in treating acne and acne scarring, there will likely be a considerable increase in demand for this procedure. Following the pandemic, aesthetic practitioners expect a significant rise in patient foot traffic, fueled by factors like the rise in video calls and the allure of discreet recuperation at home, which will support the post-pandemic aesthetic industry.
Furthermore, throughout the course of the projection period, the aging population will contribute to the industry's growth by raising demand for anti-aging treatments such wrinkles and age spots, which will in turn drive demand for microdermabrasion equipment and propel the market forward.
Furthermore, it is projected that people would become more interested in improved microdermabrasion devices, which will help the microdermabrasion devices market expand. With the use of microcrystals, this minimally abrasive aesthetic procedure delicately removes the skin's outer layer. This creates a wound reaction that enables the skin to mend itself, giving the appearance of healthier, more youthful skin. A number of reasons, such as the rise in skin-related disorders and the growing demand for less invasive treatments, have contributed to the market's expansion.
The market is being driven by factors such as the rise in skin-related disorders, consumers' increasing disposable income, and the popularity of non-invasive skin beautifying procedures worldwide. It is also anticipated that dermatologists will perform higher-margin procedures as a result of the rising demand for skin treatments.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Microdermabrasion Devices Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Microdermabrasion Devices Market Segmental Analysis
The Type, Application, End-Use, and Region segments make up the global market for microdermabrasion devices. The market is divided into two categories: crystal and diamond. The market is divided into two segments based on application: photodamage and acne scars. The market is divided into two end-user segments: home use and clinics/beauty centers. The market is divided into the following regions: Asia-Pacific, Africa, Latin America, Europe, North America, and the Middle East.
Drivers of the Global Microdermabrasion Devices Market
The need for microdermabrasion machines has increased due to the growing popularity of non-invasive cosmetic procedures like microdermabrasion, which provide a less intrusive and safer alternative to surgical procedures.
Restraints in the Global Microdermabrasion Devices Market
Professional-grade microdermabrasion equipment can be somewhat expensive initially, which might discourage some customers and small skincare companies from making the investment.
Market Trends of the Global Microdermabrasion Devices Market
Increasing Attention on Skincare and Enhancing Beauty: Demand for microdermabrasion equipment is developing as a result of consumers' growing awareness of skincare and beauty enhancement and their desire for youthful, glowing skin.
At-Home Devices: There is a discernible upward trend in the use of microdermabrasion equipment at home. The at-home device market sector has grown as a result of consumers looking for simple and affordable options to meet their skincare demands.