The “Microdermabrasion Devices Market – Growth, Trends, and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.
The significant factor attributing the market’s growth is the growing incidence of skin-related diseases and rising demand for minimally invasive procedures which will upsurge the growth of the microdermabrasion devices market.
Skin diseases have made a significant contribution of 1.79 percent to the worldwide disease burden measured in DALYs (Disability Adjusted Life Years). The continued growth of the dermatology industry and the growth in the number of procedures have an impact on the growth of the microdermabrasion devices market. Advancement in technology and ensuring maximum patient convenience after and during therapy is also contributing to the market growth for microdermabrasion devices which is experiencing a growing trend as it is a non-invasive procedure.
Additional factors such as the rising geriatric population, high growth for anti-aging treatment is also expected to drive the growth of microdermabrasion devices during the forecast period.
- Koninklijke Philips N.V.
- Altair Instruments
- Sylvan Company
- Kosmet, Inc.
- ImageDerm Inc.
- PMD Beauty
- Microderm GLO
Key Market Trends
Diamond Microdermabrasion Devices is Expected to Hold the Largest Market Share
The dominant share is retained by the diamond microdermabrasion devices segment owing to the attributes such as full fledges patients safety while therapy and its pain-free and simple procedure as no chemicals are used in this, also it helps in treating everything from acne scars to wrinkles which is expected to drive the market growth for diamond microdermabrasion devices.
According to American Society of Plastic Surgeons, in 2018, around 709,413 microdermabrasion procedures were performed in the United States, which is expected to further propel the market growth over the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall microdermabrasion devices market, throughout the forecast period. This is owing to the factors like the rising prevalence of skin disorders such as acne & scars, anti-aging cases, rising geriatric population, growing demand for noninvasive treatments and the availability of skilled dermatologists will drive the market for microdermabrasion devices market in the region.
As per the American Academy of Dermatology (AAD) estimates, acne is a most common skin condition that affects around 50 million (26%) US people annually, approximately 85% of individuals aged between 12 to 24, which is further expected to upsurge the demand of microdermabrasion devices, as the noninvasive surgery are on-demand which is also boosting the market growth.
Key Topics Covered:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Noninvasive treatments
4.2.2 Growing Prevalence of Skin Related Conditions
4.3 Market Restraints
4.3.1 Risks Related to Microdermabrasion
4.4 Porter’s Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Diamond Microdermabrasion Devices
5.1.2 Crystal Microdermabrasion Devices
5.2 By Application
5.2.1 Acne & scars
5.2.2 Photo Damage
5.2.5 Stretch Marks
5.3 By End User
5.3.2 Home Use
5.4.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
5.4.4 Middle-East and Africa
126.96.36.199 South Africa
188.8.131.52 Rest of Middle-East and Africa
5.4.5 South America
184.108.40.206 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/a8036x
View source version on businesswire.com: https://www.businesswire.com/news/home/20200915005960/en/
Laura Wood, Senior Press Manager
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