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Global Microdermabrasion Devices Market to Grow at a CAGR of 9.10% During 2022-2027, Aided by the Growing Focus of Consumers on Aesthetic Appearance

According to a new report by EMR titled, ‘Global Microdermabrasion Devices Market Report and Forecast 2022-2027’, the market attained a value of almost USD 496 billion in 2021. The industry is further expected to grow at a CAGR of 9.10% in the forecast period of 2022-2027 to reach a value of USD 837 billion by 2027.

The global microdermabrasion devices industry is being driven by the growing emphasis of consumers on visual appeal and aesthetic appearance. This can be associated with the rising issues of skin diseases and allergies requiring special care and treatment, especially among the youth dealing with serious acne and scarring issues. Additionally, the anti-ageing solutions are also witnessing a huge demand, owing to the rapidly increasing geriatric population globally. Moreover, the increased demand for the prevention of skin deformities is also leading to the increased adoption of microdermabrasion devices. These factors are estimated to positively impact the industry growth in the forecast period.

The growing availability of a wide range of microdermabrasion devices across online channels that can be administered at home is predicted to aid the market growth. This is further being fuelled by the growing preference for online shopping among consumers, owing to the availability of discounts and timely home delivery services. For instance, a range of microdermabrasion solutions is available on Amazon (NASDAQ: AMZN) at various price points. In addition, the consumers can read and write reviews and compare the available products to find the best fit for their requirements. Apart from this, the inflating disposable incomes, improved living standards, and rapid urbanisation are expected to further propel the market demand in the coming years.

Market Breakup by Type, Application, End User, and Region:

  • The market is divided based on type into diamond microdermabrasion devices and crystal microdermabrasion devices.
  • On the basis of application, the market can be distributed into acne and scars, photo damage, anti-ageing, hyperpigmentation, stretch marks, and others.
  • Based on end user, the industry is segregated into hospitals, home use, and others.
  • The global market for microdermabrasion devices can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for microdermabrasion devices is being driven by the rising emphasis of consumers on visual appeal and aesthetic appearance.
  • The increased demand for anti-acne and anti-ageing solutions has significantly contributed to the market expansion.
  • Increased urbanisation, improved living standards, and rising disposable incomes are also aiding the industry growth.
  • The growing geriatric population is further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for microdermabrasion devices for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the types, applications, end users, and major regions of microdermabrasion devices.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global microdermabrasion devices market are Koninklijke Philips N.V., Altair Instruments, ImageDerm Inc., Sylvan Inc., Lancer Skincare LLC, Silhouet-Tone Corporation, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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