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 global Microdermabrasion Market Share is expected to grow at a CAGR of 3.42% during the forecast period. 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.
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. Microdermabrasion Device 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.
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Segmentation
The global microdermabrasion market is segmented on the basis type, product, indication, and end user.
- Based on type, the market is segmented into diamond microdermabrasion, crystal microdermabrasion, and others.
- Based on product, the market is categorized into microdermabrasion machine, microdermabrasion crystals, microdermabrasion tips, microdermabrasion creams and scrubs, and others.
- Based on indication, the market is segmented into acne & trauma scars, hyperpigmentation, photo-damage, stretch marks, and others.
- Based on end users, the market is segmented into hospitals, dermatology clinics, home care, and others.
Regional Analysis
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.
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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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