Projected Technological Advancements to Boost the Growth of Microdermabrasion Devices Market
Microdermabrasion Devices Market |
Market Overview:
Microdermabrasion is a skin treatment method that uses
a device to slightly abrade and exfoliate the top layer of skin to reveal
smoother, younger-looking skin beneath. Microdermabrasion devices use very fine
crystals and vacuums to slough off dead skin cells and stimulate collagen and
elastin production. This procedure helps improve the appearance of acne
scarring, sun damage, fine lines, stretch marks, and other skin imperfections.
The advanced microdermabrasion devices provide precise depth control and
adjustable abrasiveness to gently exfoliate the skin. The procedure results in
smoother, brighter complexion with minimal side effects or downtime.
Market key trends:
Technological advancements are playing a key role in driving the growth of
microdermabrasion devices market. Introduction of devices with advanced
features like customized treatment protocols, wireless connectivity, and
enhanced safety & effectiveness is encouraging more consumers to opt for
these procedures. For instance, key players are developing hybrid technologies
that blend microdermabrasion with other modalities like chemical peels,
radiofrequency, microneedling or ultrasound to offer comprehensive anti-aging
treatment solutions. Adoption of cordless, portable designs is also making
these procedures conveniently available for home use. Such developments are
expected to bolster the market growth over the forecast period.
Porter’s Analysis
Threat of new entrants: Low-moderate as The
Microdermabrasion Devices Market Share requires significant capital
investments, regulatory compliance, and established supply chain and
distribution networks. However, the market presents opportunities for new
technology-based innovations.
Bargaining power of buyers: Moderate as customers can negotiate with suppliers
on price and quality factors. However, key players operating in the market have
established brands and product differentiation.
Bargaining power of suppliers: Moderate as key suppliers of critical raw
materials hold some bargaining power. However, the presence of many suppliers
reduces their dominance.
Threat of new substitutes: Low as microdermabrasion devices have few
alternatives for non-invasive skin exfoliation and rejuvenation treatment.
Key Takeaways
The global Microdermabrasion Devices market is expected to witness high
growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing
demand for non-invasive aesthetic procedures and growing skin related conditions.
Regional analysis
North America dominates the global microdermabrasion devices market owing to
the rising adoption of non-invasive cosmetic procedures and the strong presence
of key players in the region. Asia Pacific is projected to witness the fastest
growth fueled by growing medical tourism industry and increasing discretionary
spending on aesthetic treatment in developing countries like China and India.
Key players
Key players operating in the microdermabrasion devices market are DermaSweep
Inc., Lifetrons Switzerland AG, Trophy Skin, Silkâ€TMn, HoMedics USA LLC, PMD
Beauty, Dermaglow, ImageDerm Inc., Clairderm Medical Aesthetics, Sylvan
Company, Altair Instruments, Koninklijke Philips, Microderm GLO Skincare USA,
Silhouet-Tone, and Edge Systems LLC. (HydraFacial), among others.
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https://www.dailyprbulletin.com/non-invasive-microdermabrasion-is-the-fastest-growing-segment/
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