USD 510 million
Report ID:
SQMIG35A2589 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|Tables:
87
|Figures:
66
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).
The demand for microdermabrasion is expected to rise significantly as it has proven effective in treating acne and acne scarring. Esthetic practitioners anticipate a substantial increase in patient footfall post-pandemic, driven by factors such as the surge in video calls and the appeal of discreet recovery at home, boosting the post-pandemic aesthetic market.
Additionally, the growing geriatric population will fuel the industry's growth over the forecast period, with an increasing demand for anti-aging treatments like wrinkles and age spots, thereby driving the demand for microdermabrasion devices and propelling the market forward.
Moreover, advanced microdermabrasion devices are anticipated to gain more popularity among individuals, positively impacting the growth of the microdermabrasion devices market. This minimally abrasive esthetic treatment uses microcrystals to gently remove the outer layer of the skin, triggering a wound response that allows the skin to repair itself, resulting in a healthier and more youthful appearance. The market has witnessed growth due to various factors, including a rise in skin-related conditions and the increasing demand for minimally invasive treatments.
The increase in skin-related conditions, rising disposable income of consumers, and global acceptance of non-invasive skin beautification treatments are among the drivers propelling the market. The growing demand for skin treatments is also expected to lead to dermatologists providing higher-margin procedures.
US Microdermabrasion Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 510 million
Largest Segment
Crystal
Fastest Growth
Crystal
Growth Rate
8.8% CAGR
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The global microdermabrasion devices market is segmented on the basis of Type, Application, End – Use, Region. By type, the market is segmented into crystal, diamond. By application, the market is segmented into acne & scars, photo damage. By end – use, the market is segmented into clinics & beauty centers, home use. By Region, the market is segmented into North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.
Microdermabrasion Devices Market Analysis By Type
The global market is categorized into two types: diamond and crystal microdermabrasion devices. In 2022, crystal microdermabrasion held the majority share, accounting for 53.9%, mainly due to its ability to provide smoother results compared to diamond microdermabrasion devices. These crystal devices are gentle and safe during treatment, which drives the growth of this segment. Aluminum oxide crystals are commonly used in crystal microdermabrasion because of their hardness, almost comparable to diamonds.
The crystal microdermabrasion segment is expected to experience substantial growth during the forecast period. On the other hand, diamond microdermabrasion devices are ideal for various skin conditions, such as wrinkles, fine lines, acne scars, uneven skin tone, old stretch marks, and hyperpigmentation. These systems are non-invasive, highly effective, and promote increased blood flow and collagen application in the skin. Consequently, the diamond microdermabrasion segment is anticipated to witness significant growth over the forecast period.
Microdermabrasion Devices Market Analysis By Application
The global market is further segmented based on applications, including acne & scars, anti-aging, photo damage, stretch marks, hyperpigmentation, and others. In 2022, the anti-aging application segment held the largest market share, accounting for over 34.6%, and is projected to witness the fastest compound annual growth rate (CAGR) during the forecast period. The remarkable growth can be attributed to the increasing geriatric population worldwide. For instance, as per the Population Reference Bureau, the number of individuals aged above 65 years is estimated to nearly double from 2016 to reach nearly 98 million by 2060.
The demand for anti-aging treatments is particularly high in the United States, with 62% of Americans reported using anti-aging products as part of their daily skincare routine, according to the 2020 Real Self Survey. This signifies the strong focus on youthful appearances in the U.S., driving the region's high demand for anti-aging procedures.
Globally, there has been a notable increase in non-invasive treatments as the emphasis on aesthetic appearance has surged over the past decade. This has prompted individuals to opt for such procedures regularly to enhance their overall appearance and maintain a youthful look. The growing popularity of non-invasive treatments further supports the significant growth in the anti-aging application segment across the global microdermabrasion devices market.
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In 2022, North America dominated the market with the highest share of 43.0%. This can be attributed to several factors, including a large target population, increased demand for cosmetic procedures among both adults and the geriatric population, and a high preference for minimally invasive techniques. The American Society of Plastic Surgeons (ASPS) reported that North America had the highest volume of non-surgical aesthetic treatments globally, showing significant growth in cosmetic procedures from 2000 to 2021. Looking ahead, North America is expected to remain a key revenue generator for the market in the upcoming years.
On the other hand, the Asia Pacific region is projected to exhibit the highest compound annual growth rate (CAGR) of 10.8% during the forecast period. Countries like China, India, and Thailand are driving this growth due to their increasing focus on physical appearance and the growing demand for non-invasive aesthetic treatments. India, in particular, is anticipated to be the fastest-growing market during the forecast period. As these developing countries prioritize aesthetics and seek non-invasive solutions, the Asia Pacific region is poised to become a significant player in the global microdermabrasion devices market.
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Microdermabrasion Devices Market Drivers
Non-Invasive Cosmetic Procedures
Expanding Beauty and Wellness Industry
Microdermabrasion Devices Market Restraints
High Costs
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The global microdermabrasion devices market exhibits a competitive landscape characterized by the presence of established players and emerging companies. These key players continually strive to maintain their market position by focusing on product innovation, strategic partnerships, and expansion into new markets. Established players such as Johnson & Johnson, Lumenis Ltd., and Syneron Medical Ltd. are among the leading companies in the market. They have strong brand recognition, extensive distribution networks, and a wide range of advanced microdermabrasion devices. These companies invest significantly in research and development to introduce technologically advanced products that cater to the evolving demands of skincare professionals and consumers. In addition to established players, emerging companies like Silhouet-Tone, BIO-TEK, and Dermamed Solutions are gaining traction in the market. These companies often specialize in niche segments or target specific regions, offering innovative and cost-effective microdermabrasion solutions.
Partnerships and collaborations between key players and skincare professionals, including dermatologists and aestheticians, have become prevalent in the market. Such collaborations aim to leverage expertise and expand product reach in the growing beauty and wellness industry. The competitive landscape is further intensified by the increasing demand for at-home microdermabrasion devices. Companies are focusing on user-friendly designs, convenience, and affordability to tap into the expanding consumer base seeking skincare solutions in the comfort of their homes.
Microdermabrasion Devices Market Top Player’s Company Profiles
Microdermabrasion Devices Market Recent Developments
The U.S. patent for Trufacial's triple dual-function plate technology, which combines microdermabrasion, massage, and microneedling treatments into a single at-home tool for skin that is smoother, firmer, and more toned, was granted in October 2023.
Beautybio announced the debut of a facial device that may be used at home in August 2023. Blue light treatment, microdermabrasion, and vacuum technology are all combined in the recently introduced GloFacial.
May 2023 The parent company of the Hydrafacial brand, the Beauty Health Company, partnered with Dior Beauty, a high-end cosmetics and beauty company. The partnership intends to offer the Hydafacial experience only at Dior Spas. This led to the creation of "The Dior powered by Hydrafacial," a customized 90-minute facial treatment.
The Vita Trio is a series of powerful, professional-grade skin care products that Auria, a beauty and wellness company, formally debuted in April 2023 and promises to create transformational moments. One button operation and smooth transitions between the three treatment modes—microdermabrasion, kinetic toning, and pore extraction—are made possible by the clever smart tip detecting technology of the Vita Trio.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our microdermabrasion devices market analysis, currently, the market is experiencing a surge in demand due to the rising focus on skincare and beauty enhancement across various demographics. Consumers are increasingly aware of non-invasive cosmetic procedures and have a strong desire for youthful skin, contributing to the market's expansion. Technological advancements in microdermabrasion devices, such as the integration of advanced sensors and user-friendly features, are enhancing the overall performance and user experience. These innovations are attracting both professionals and consumers alike. The market is witnessing increased adoption of at-home microdermabrasion devices, driven by the convenience and cost-effectiveness they offer. This trend is expanding the consumer base and further fueling market growth.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 510 million |
Market size value in 2031 | USD 1089.51 million |
Growth Rate | 8.8% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Microdermabrasion Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Microdermabrasion Devices Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Report ID: SQMIG35A2589
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