Key Market Insights
Increasing Trends of At-home Nonsurgical Cosmetic Equipment Increases the Demand for Microdermabrasion Devices Globally
The microdermabrasion device market is expected to grow at a CAGR of 8.3% during the forecast period from 2019 to 2027, starting from US$ 353.4 Mn in 2018.
Increasing trends for nonsurgical procedures worldwide increases the demand for microdermabrasion devices. According to a report published by the Harvard Medical School suggests the total number of nonsurgical cosmetic procedures conducted in the U.S. accounts for about 12.6 million. Out of which the number of microdermabrasion procedure accounts for about 672,000 and is continuously increasing. Moreover, the report also suggests that half a million microdermabrasion treatments are performed in the U.S. annually.
Consumers nowadays are more inclined towards performing cosmetic treatments at home, nonsurgical cosmetic treatments that can be performed at home are becoming increasingly common thereby, drives the overall market for microdermabrasion devices globally. Additionally, increasing expenditure on anti-aging and cosmetic products by the consumers globally supports market growth. For instance, a report published by The American Society of Plastic Surgeons, suggests that more than US$ 16 billion was spent by Americans on cosmetic plastic surgery in the year 2016. The anti-aging products market accounts for around 9,400 Mn by the year 2020 thereby, increases the demand for microdermabrasion devices market globally.
Type Analysis
Wide consumer acceptance for diamond microdermabrasion device globally drives the market
In 2018 diamond microdermabrasion dominated the microdermabrasion devices market and expected to continue its dominance during the forecast period. Diamond microdermabrasion is suitable for every skin type, it deeply polishes and exfoliates the skin surface thereby, delivers instant smoother and glowing skin. Consumers are more inclined towards using diamond microdermabrasion as this treatment provides instant glow and one can able to see the difference in the person only after a single-use.
The diamond microdermabrasion device offers patients security during therapy. Moreover, the diamond microdermabrasion device offers collagen generation and increase blood circulation that provides glow to the skin. Thereby, supports the segment growth.
Regional Analysis
Increasing demand for cosmetic products in North America propels the growth of the market
North America dominated the microdermabrasion device market in 2018 and projected to grow at a significant rate during the forecast period. North America's skincare devices market accounts for 4.5 billion by the year 2020. Thereby, increases the demand for microdermabrasion devices market in the North America region. Rapid technological advancements in the region coupled with the presence of key market players such as Kosmet Inc., Johnson & Johnson Services Inc., and Pmdbeauty.com & Age Science Inc. support the growth of microdermabrasion devices in the region. As per The American Academy of Dermatology, about 50 million people of the U.S that is, about 85% of the individual aged between 12 to 24 suffers from acne-related skin problems annually. Consequently, supports the dominance of microdermabrasion device market in North America.
Asia Pacific region expected to be fastest-growing region
Asia Pacific is expected to witness the highest CAGR during the forecast period. Rising disposable income of the consumers in the Asia Pacific region. Moreover, increasing demand for cosmetic products among the female population supports the growth of the market.
List of Companies Covered:
Key Industry Developments:
In September 2018, Candela Corporation acquired Ellipse A/S. Ellipse is a leading producer of laser-based platforms and intense pulsed light (IPL) for various aesthetic and medical skin treatments. Through the acquisition, Candela Corporation aims to strengthen its product portfolio in IPL and laser-based products.
In April 2016, DermaMed Solution, a leading U.S based microdermabrasion equipment and skincare company showcased its latest products and technology in Philadelphia. The geneO+ 3 in 1 Super Facial aims to soften the appearance of fine lines and wrinkles. The GeneO+ 3 in 1 is the latest technology that aims to naturally oxygenates the skin.
Historical & Forecast Period
This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall microdermabrasion devices market. Additionally, the global report also comprises a graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.
Key questions answered in this report
This product will be delivered within 2 business days.
Increasing Trends of At-home Nonsurgical Cosmetic Equipment Increases the Demand for Microdermabrasion Devices Globally
The microdermabrasion device market is expected to grow at a CAGR of 8.3% during the forecast period from 2019 to 2027, starting from US$ 353.4 Mn in 2018.
Increasing trends for nonsurgical procedures worldwide increases the demand for microdermabrasion devices. According to a report published by the Harvard Medical School suggests the total number of nonsurgical cosmetic procedures conducted in the U.S. accounts for about 12.6 million. Out of which the number of microdermabrasion procedure accounts for about 672,000 and is continuously increasing. Moreover, the report also suggests that half a million microdermabrasion treatments are performed in the U.S. annually.
Consumers nowadays are more inclined towards performing cosmetic treatments at home, nonsurgical cosmetic treatments that can be performed at home are becoming increasingly common thereby, drives the overall market for microdermabrasion devices globally. Additionally, increasing expenditure on anti-aging and cosmetic products by the consumers globally supports market growth. For instance, a report published by The American Society of Plastic Surgeons, suggests that more than US$ 16 billion was spent by Americans on cosmetic plastic surgery in the year 2016. The anti-aging products market accounts for around 9,400 Mn by the year 2020 thereby, increases the demand for microdermabrasion devices market globally.
Type Analysis
Wide consumer acceptance for diamond microdermabrasion device globally drives the market
In 2018 diamond microdermabrasion dominated the microdermabrasion devices market and expected to continue its dominance during the forecast period. Diamond microdermabrasion is suitable for every skin type, it deeply polishes and exfoliates the skin surface thereby, delivers instant smoother and glowing skin. Consumers are more inclined towards using diamond microdermabrasion as this treatment provides instant glow and one can able to see the difference in the person only after a single-use.
The diamond microdermabrasion device offers patients security during therapy. Moreover, the diamond microdermabrasion device offers collagen generation and increase blood circulation that provides glow to the skin. Thereby, supports the segment growth.
Regional Analysis
Increasing demand for cosmetic products in North America propels the growth of the market
North America dominated the microdermabrasion device market in 2018 and projected to grow at a significant rate during the forecast period. North America's skincare devices market accounts for 4.5 billion by the year 2020. Thereby, increases the demand for microdermabrasion devices market in the North America region. Rapid technological advancements in the region coupled with the presence of key market players such as Kosmet Inc., Johnson & Johnson Services Inc., and Pmdbeauty.com & Age Science Inc. support the growth of microdermabrasion devices in the region. As per The American Academy of Dermatology, about 50 million people of the U.S that is, about 85% of the individual aged between 12 to 24 suffers from acne-related skin problems annually. Consequently, supports the dominance of microdermabrasion device market in North America.
Asia Pacific region expected to be fastest-growing region
Asia Pacific is expected to witness the highest CAGR during the forecast period. Rising disposable income of the consumers in the Asia Pacific region. Moreover, increasing demand for cosmetic products among the female population supports the growth of the market.
List of Companies Covered:
- Skin for Life
- Altair Instruments
- Pmdbeauty.com & Age Science Inc.
- Koninklijke Philips N.V.
- Johnson & Johnson Services, Inc.
- Viora
- Sylvan Company
- Kosmet, Inc.
- Macroderma.com
- Dermamed Solutions
- Silhouet-Tone.
- Candela Corporation.
Key Industry Developments:
In September 2018, Candela Corporation acquired Ellipse A/S. Ellipse is a leading producer of laser-based platforms and intense pulsed light (IPL) for various aesthetic and medical skin treatments. Through the acquisition, Candela Corporation aims to strengthen its product portfolio in IPL and laser-based products.
In April 2016, DermaMed Solution, a leading U.S based microdermabrasion equipment and skincare company showcased its latest products and technology in Philadelphia. The geneO+ 3 in 1 Super Facial aims to soften the appearance of fine lines and wrinkles. The GeneO+ 3 in 1 is the latest technology that aims to naturally oxygenates the skin.
Historical & Forecast Period
This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall microdermabrasion devices market. Additionally, the global report also comprises a graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.
Key questions answered in this report
- What are the current market trends and dynamics in the microdermabrasion devices market and valuable opportunities for emerging players?
- What is driving microdermabrasion devices market?
- What are the key challenges to market growth?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which type of segment holds a larger market share and why?
- Are low and middle-income economies investing in the microdermabrasion devices market?
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
This product will be delivered within 2 business days.
Table of Contents
1. Preface
2. Executive Summary
3. Market Dynamics
4. Global Microdermabrasion Devices (MD) Market, by Device, 2017-2027 (US$ Mn)
5. Global Microdermabrasion Devices (MD) Market, By Type, 2017-2027 (US$ Mn)
6. Global Microdermabrasion Devices (MD) Market, by Application, 2017-2027 (US$ Mn)
7. Global Microdermabrasion Devices (MD) Market, by End-user, 2017-2027 (US$ Mn)
8. North America Microdermabrasion Devices (MD) Market Analysis, 2017-2027 (US$ Mn)
9. Europe Microdermabrasion Devices (MD) Market Analysis, 2017-2027 (US$ Mn)
10. Asia Pacific Microdermabrasion Devices (MD) Market Analysis, 2017-2027 (US$ Mn)
11. Rest of the World Microdermabrasion Devices (MD) Market Analysis, 2017-2027 (US$ Mn)
12. Company Profiles
List of Figures
List of Tables
Companies Mentioned
- Skin for Life
- Altair Instruments
- Pmdbeauty.com & Age Science Inc.
- Koninklijke Philips N.V.
- Johnson & Johnson Services, Inc.
- Viora
- Sylvan Company
- Kosmet, Inc.
- Macroderma.com
- Dermamed Solutions
- Silhouet-Tone.
- Candela Corporation.
