Friday, March 1, 2024

Growing Preference for Non-surgical Cosmetic Procedures Boosting Microdermabrasion Market

Global Microdermabrasion Market – Synopsis

The Microdermabrasion market is experiencing robust growth, fueled by increasing demand for Dermabrasion treatment across various demographic segments. Dermabrasion treatment, a cornerstone of Microdermabrasion procedures, involves the exfoliation of the skin's outer layer to reveal smoother, younger-looking skin underneath. This treatment addresses various skin concerns, including acne scars, sun damage, fine lines, and uneven texture, making it a popular choice among individuals seeking non-invasive skin rejuvenation solutions. As awareness about skincare and cosmetic procedures continues to rise globally, the demand for Dermabrasion treatment within the Microdermabrasion market is expected to further escalate.

Moreover, technological advancements in Microdermabrasion devices are driving market expansion, as these innovations enhance treatment efficacy and patient comfort. Manufacturers are focusing on developing advanced Microdermabrasion systems equipped with features like adjustable suction levels, precise exfoliation settings, and ergonomic designs to optimize treatment outcomes and user experience. Additionally, the rising prevalence of skin conditions such as acne and hyperpigmentation, coupled with the growing emphasis on personal appearance and grooming, is propelling the adoption of Dermabrasion treatment worldwide. Overall, the Microdermabrasion market, driven by the increasing popularity of Dermabrasion treatment and technological innovations, is poised for continued growth in the coming years.

Acknowledging kind of the growth the market perceives currently; Market Research Future (MRFR) has recently published a study report giving out the complete market forecast up to 2023. In its analysis, MRFR asserts that the global Microdermabrasion market size projected to reach USD 1.04 Billion by 2032 with 8.50% CAGR during 2023-2032.

Segmentation Overview-

The global Microdermabrasion market has been segmented by MRFR into four main categories. Firstly, by types, which include Diamond Microdermabrasion and Crystal Microdermabrasion, among others. Secondly, by products, encompassing Microdermabrasion Machine (table top, hand-held, etc.), Microdermabrasion Crystals (aluminium oxide, sodium bicarbonate, sodium chloride, etc.), Microdermabrasion Tips (diamond, bristle, etc.), Microdermabrasion Creams and Scrubs, and more. Thirdly, by indications such as Hyperpigmentation, Acne & Trauma Scars, Photo-Damage, and Stretch Marks, among others. Lastly, by end users, including Dermatology Clinics, Hospitals, Home Care, and others.

Global Microdermabrasion Market – Competitive Landscape

The rapidly growing market for Microdermabrasion is fiercely competitive and fragmented with many well-established as well small & new entrants forming the competitive edge. Innovation, new technology launch and Brand reinforcement remain the popular trends for the key players in the market. The growth statistics of the Scar market presage the probable heights the market can reach further.

Some of the fervent key Microdermabrasion Companies including Procter & Gamble, Johnson & Johnson Services Inc., Koninklijke Philips N.V., Silhouet-Tone, Altair Instruments, Advanced Microderm, Inc., New Shining Image LLC., Dermaglow, Lasertec Medical Service, and Delasco, lead the global Microdermabrasion market. Profiling them in its analysis MRFR finds out their strategies keeping them at the forefront of the market competition.

Regional analysis-

The market is also analyzed by regions: North America, Europe, APAC, and Rest of the World. In terms of geographical analysis, the North American market dominates the global Microdermabrasion market, driven by numerous facilities and available treatments for conditions like acne & trauma scar removal. Factors such as the increasing adoption of advanced technologies to address various dermal conditions and rising demand for minimally invasive procedures contribute to the market's growth. The US, in particular, leads this market due to high healthcare expenditure and demand for Microdermabrasion treatments.

Europe follows as the second-largest market, benefitting from recent technological advancements and increasing adoption of Microdermabrasion technology. Additionally, a large patient population and rising healthcare expenditure support market growth in this region.

The Asia-Pacific market emerges as a rapidly growing market for Microdermabrasion, driven by increasing prevalence of acne and technological developments, especially in countries like India, China, and Japan. With rising demand for minimally invasive procedures and scar removal technologies, the APAC market is expected to exhibit a phenomenal CAGR during the forecast period.

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