The Worldwide Microdermabrasion Devices Industry is Expected to Reach $739 Million by 2027 - ResearchAndMarkets.com

The "Global Microdermabrasion Devices Market (2022-2027) by Type, Indication, Device Type, Application, End-use, and Geography, with Competitive Analysis, Impact of COVID-19, and Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Microdermabrasion Devices Market is estimated to be worth USD 478.3 million in 2022, and is expected to reach USD 739.31 million by 2027, growing at a CAGR of 9.1%.

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

The Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Microdermabrasion Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The Global Microdermabrasion Devices Market is analyzed using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, suitable strategies have been devised for market growth.

Why Buy This Report?

• The report offers a comprehensive evaluation of the Global Microdermabrasion Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report also includes the regulatory scenario within the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.
• The report also contains competitive analysis using 'Positioning Quadrants'; a proprietary competitive positioning tool.

Market Dynamics

Drivers

• Growing Geriatric Population
• Increasing Demand For Anti-Aging Treatment
• Rising Demand for Minimally Invasive Techniques

Restraints

• Risk Of Side Effects
• High Cost of Cosmetic Product

Opportunities

• Increasing Awareness About Such Esthetic Procedures
• Increasing Incidence of Skin-Related Diseases
• Increasing adoption by Salon and Spa

Challenges

• Lack of Awareness Amongst the Individuals Regarding Treatment and Advancement in Product
• Limitations Associated as Compared to Treatment

Market Segmentation

The Global Microdermabrasion Devices Market is segmented based on Type, Indication, Device Type, Application, End-use, and Geography.

• By Type, the market is classified into Crystal Microdermabrasion Devices, and Diamond Microdermabrasion Devices.
• By Indication, the market is classified into .
• By Device Type, the market is classified into Accessories, and Capital Equipment.
• By Application, the market is classified into Acne & scars, Photo damage, Anti-aging, Hyperpigmentation, Stretch marks, and Others.
• By End-use, the market is classified into Clinics & Beauty Centers, and Home Use.
• By, the market is classified into .
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

• Advanced Microderm
• Aesthetic Solutions
• Altair Instruments
• Dermaglow
• DermaSweep
• Envy Medical
• Johnson & Johnson
• Lumenis
• New Shining Image
• Philips
• Pretika
• PMD Beauty
• P&G Company
• Silhouet-Tone
• Skin for Life
• Syneron Candela

For more information about this report visit https://www.researchandmarkets.com/r/2vxsb2

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005514/en/