Market research future published a cooked research report on Global Microdermabrasion Market. Increasing Prevalence of skin diseases and rising demands for minimally invasive aesthetic procedures will boost the market at a CAGR of 3.42%
Microdermabrasion is an abrasive process that gently sands the thicker and uneven skin layers. There is an increasing demand for minimally invasive cosmetic procedures which is an important driver for the growth of the market. According to the American Society of Plastic Surgeons, in 2016, the number of microdermabrasion procedures performed in the U.S. was 547,936. Moreover, development of new technologies along with the rising use of skin-cosmetics is accelerating the market growth. However, the growth is estimated to be restricted by the availability of alternative treatments such as chemical peel, laser skin resurfacing, and others. The acceptance of the laser resurfacing is growing. According to the American Society of Plastic Surgeons, the number of laser skin resurfacing procedures in 2016 reached approximately to 586,662 from 569,458 in 2015.
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The key players for the global microdermabrasion market are Johnson & Johnson Services Inc., Procter & Gamble, Koninklijke Philips N.V., Altair Instruments, Silhouet-Tone, Advanced Microderm, Inc., Dermaglow, New Shining Image LLC., Lasertec Medical Service, Delasco, and others.
The global microdermabrasion market is segmented on the basis type, product, indication, and end user.
On the basis of type, the market is segmented into diamond microdermabrasion, crystal microdermabrasion, and others. On the basis of product, the market is categorized into microdermabrasion machine, microdermabrasion crystals, microdermabrasion tips, microdermabrasion creams and scrubs, and others. The microdermabrasion machine segment is further sub-segmented into table top, hand-held, and others. The microdermabrasion crystals segment is sub-segmented into aluminum oxide crystals, sodium bicarbonate crystals, sodium chloride crystals, and others. The microdermabrasion tips segment is sub-segmented into diamond tips, bristle tips, and others.
On the basis of indication, the market is segmented into acne & trauma scars, hyperpigmentation, photo-damage, stretch marks, and others. On the basis of end users, the market is segmented into hospitals, dermatology clinics, home care, and others.
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The Americas dominate the global microdermabrasion market. Increasing adoption of new technologies for addressing various dermal conditions like acne, stretch marks, hyperpigmentation, and others is the major driver for the market growth. Moreover, rising healthcare expenditures is fuelling the market growth.
Europe is the second largest market, in the global microdermabrasion market. Huge patient population and rise in healthcare expenditure facilitate the market growth within the region. Moreover, the presence of the developed healthcare sector fuels the market growth during the forecast period.
Asia pacific region is the fastest growing market due to huge patient population and rising demands for minimally invasive procedures. According to the Indian Journal of Pediatric Dermatology in 2017, 200 million to 300 million people in India suffer from acne.
The Middle East & Africa has the least share in the global microdermabrasion market due to the presence of poor economies, especially in the African region. Majority of the market in the Middle East & Africa region is held by the Middle East due to the presence of the developing economies within the region.
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Europe is the second largest market, in the global microdermabrasion market owing to increasing adoption of the technology for the treatment of skin related problems within the region. Moreover, huge patient population and rising healthcare expenditure facilitates the market growth within the region. According to the British Skin Foundation in 2016, about 60% of the British population was estimated to have suffered from some kind of the skin disease. Moreover, approximately 28% of the population within the region admitted to witness acne at some stage during their lifetime.
Asia pacific region is the fastest growing market. Increasing prevalence of acne and rising demands for minimally invasive procedures is facilitating the market growth within the region. According to the Cosmetic Physicians College of Australasia in 2015, the Australians spent approximately USD 890 million on minimally or non-invasive cosmetic procedures. The estimated rise was of 5% from 2014.
The Middle East & Africa has the least share in the global microdermabrasion market due to presence of poor economies especially in the African region. Majority of the market of Middle & Africa region is held by the Middle East due to a well-developed healthcare sector and huge healthcare expenditure by the presence of the economies like Saudi Arabia, Kuwait and Qatar within the region.
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