According to Vision Research Report, the global Microdermabrasion Devices market size was USD 473.2 Million in 2021 and is expected to reach USD 980.7 Billion by 2030 and register a revenue CAGR of 8.5% during the forecast period, 2022-2030.
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Growth Factors
Growing cases of skin-related conditions is a major factor driving the market growth. Moreover, high demand for anti-aging treatments due to the growing geriatric population will boost the market. Increasing demand for cosmetic procedures is also anticipated to fuel market growth.
Rising cases of skin conditions and increased obsession with flawless skin are the key market growth drivers. The market witnessed a significant setback due to the COVID-19 pandemic. Since the majority of cosmetic products were not medical necessities, lockdown imposed in several countries led to the closure of beauty salons & med spas, dermatology clinics, and retail stores. However, the incidence of several skin conditions like contact dermatitis, seborrheic dermatitis, acne, etc. has increased during the COVID-19 pandemic.
Report Coverage
Report Scope | Details |
Market Size | US$ 980.7 Million by 2030 |
Growth Rate | CAGR of 8.5% From 2022 to 2030 |
Largest Market | Asia Pacific |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Type, Application, End use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Johnson & Johnson; Skin for Life; Altair Instruments; Dermaglow; PMD; Silhouet-Tone; Lumenis Ltd.; Koninklijke Philips N.V. |
By Type Analysis
On the basis of types, the global market is segmented into diamond and crystal microdermabrasion devices. The crystal microdermabrasion segment accounted for the highest share of around 54.0% of the global revenue in 2021. The segment is projected to expand further at the fastest CAGR over the forecast period.
The segment growth can be credited to the ability of diamond microdermabrasion devices to provide a smooth appearance as compared to crystal microdermabrasion devices. Procedures with diamond microdermabrasion devices are ideal for a range of skin conditions, such as wrinkles, fine lines, acne scars, uneven skin tone, old stretch marks, and hyperpigmentation.
By Application Analysis
On the basis of applications, the global market has been further divided into acne & scars, photo damage, anti-aging, hyperpigmentation, stretch marks, and others. The anti-aging application segment held the highest market share of more than 34.0% in 2021 and is expected to grow further at the fastest CAGR over the forecast period.
The growth can be attributed to the increasing geriatric population. For instance, according to Population Reference Bureau, by 2060, the number of individuals aged above 65 years is estimated to reach nearly 98 million, which is approximately double the number in 2016.
This indicates that the population in the U.S. is more focused on looking young and therefore the region has a high demand for anti-aging treatments. The number of non-invasive treatments has increased globally due to the fact that the focus on aesthetic appearance has risen in the last decade, which has led people to opt for such procedures diligently.
By End-use Analysis
On the basis of end uses, the market is categorized into clinics & beauty centers and home use. The clinics & beauty centers segment held the largest revenue share of more than 87% in 2021 and will expand further at a steady CAGRduring the forecast period.
The procedure carried out in-office under the supervision of an aesthetic professional is more effective and gives more visible results and therefore has a high market growth. The home-use segment is also gaining popularity as home-use products are user-friendly and offer much more comfort to patients.
By Regional Analysis
On the basis of geographies, the global market has been further segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share of 43.0% of the global revenue in 2021 due to the increasing number of cosmetic procedures and high demand for minimally invasive techniques.
North America is expected to be a key revenue generator for the global market in the coming years. On the other hand, the regional market in Asia Pacific is projected to grow at the fastest CAGR during the forecast period. The regional market is mainly driven by countries, such as China, India, and Thailand.
Key Players
- Johnson & Johnson
- Skin for Life
- Altair Instruments
- Dermaglow
- PMD
- Silhouet-Tone
- Lumenis Ltd.
- Koninklijke Philips N.V.
- Envy Medical, Inc.
- The HydraFacial Compan
Market Segmentation
- By Type
- Crystal
- Diamond
- By Application
- Acne & scars
- Photo damage
- Anti-aging
- Hyperpigmentation
- Stretch marks
- Others
- By End-use
- Clinics & Beauty Centers
- Home Use
- Regional
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- North America
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