Microdermabrasion is a popular non-invasive procedure for skin rejuvenation. It involves using a spray of microcrystals to gently remove the skin's outermost layer, treating various conditions like sun damage, discoloration, scarring, and stretch marks. By promoting collagen thickening, it enhances skin texture and imparts a youthful appearance. With a specialized applicator, this process delicately exfoliates the skin, making it a sought-after solution in the beauty and skincare market.
According to Data Bridge Market Research, the Microdermabrasion Market accounted for USD 517.35 million in 2022, would rise to USD 1,038.45 million by 2030, and is expected to undergo a CAGR of 9.10% during the forecast period from 2023 to 2030
“Increasing number of surgeries”
The growth of the microdermabrasion market is fueled by the increasing number of surgeries. A study published in 2021 titled 'Perception of Cosmetic Procedures among Saudis during COVID-19 Pandemic' revealed that 27.4% of participants considered undergoing a cosmetic procedure during the pandemic. Additionally, data from the American Society of Plastic Surgeons showed a 3% increase in the number of reconstructive procedures performed in the U.S. in 2020 compared to 2019. This surge in demand for cosmetic surgeries is expected to positively impact the microdermabrasion market's growth during the forecast period.
What restraints the growth of the microdermabrasion market?
“Side effects associated with microdermabrasion”
Microdermabrasion is associated with several side effects that can hinder the growth of the market. These include skin tightness, redness, minor bruising, skin sensitivity, post-inflammatory hyperpigmentation (PIH), small skin abrasions, and bleeding spots. Additionally, the skin may become dry and flaky for a day or longer, particularly for individuals with sensitive skin. These factors pose challenges and may deter potential customers, impacting the market's growth.
Segmentation: Microdermabrasion Market
The microdermabrasion market is segmented on the basis of type, product, indication, and end user
- On the basis of type, the microdermabrasion market is segmented into diamond microdermabrasion, crystal microdermabrasion, and others.
- On the basis of product, the microdermabrasion market is segmented into microdermabrasion machine, microdermabrasion crystals, microdermabrasion tips, microdermabrasion creams and scrubs, and others.
- On the basis of indication, the microdermabrasion market is segmented into acne and trauma scars, hyper pigmentation, stretch marks, photo-damage, others
- On the basis of end user, the microdermabrasion market is segmented into hospitals, dermatology clinics, home care, and others.
Regional Insights: North America is expected to dominate the Microdermabrasion Market
North America's dominance in the microdermabrasion market can be attributed to two main factors. First, there is a high prevalence of skin diseases in the region, driving the demand for microdermabrasion treatments. Second, the market is bolstered by the presence of major market players who have established a strong foothold. Additionally, the advanced healthcare infrastructure in Canada and the United States further contributes to the market's growth in the region.
The Asia-Pacific region is expected to experience significant growth in the microdermabrasion market. This growth is primarily driven by two factors. Firstly, there is a growing elderly population base in this region, which is more prone to skin issues and seeks treatments like microdermabrasion. Secondly, the incidence of acne is increasing, leading to a higher demand for microdermabrasion as an effective treatment option. Moreover, the rising demand for minimally invasive procedures in Asia-Pacific further propels the market's growth in the region.
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Recent Developments in Microdermabrasion Market
- In 2021, PMD Beauty introduced its groundbreaking Personal Microderm device at the Fashion Institute in Chippendale. This innovative device incorporates patented spinning disc technology, utilizing aluminum oxide crystals to efficiently remove the outer layer of dull and lifeless skin. The result is a revitalized and radiant complexion, making the PMD Personal Microderm a standout advancement in skincare technology.
The Prominent Key Players Operating in the Microdermabrasion Market Include:
- Abbvie. Inc (U.S.)
- Lumenis Be Ltd (Israel)
- Skin for Life (Australia)
- Advanced Microderm, Inc (U.S.)
- LASERTEC MEDICAL SERVICES (U.K.)
- Pretika (U.S.)
- HydraFacial LLC. (India)
Above are the key players covered in the report, to know about more and exhaustive list of microdermabrasion market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Microdermabrasion Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.