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(Medical-NewsWire.com, February 23, 2018 ) MarketResearchFuture.com adds “Microdermabrasion Market -2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
The intense need for in-depth understanding of the "Microdermabrasion Market -Forecast to 2022″ coupled with its high growth potential necessitated the development of this report by Market Research Future. The report specifically focuses on the key industry development trends and forces that shapes the market, but not limited to only commercial nature, but which encompasses a broad range such as social, technological and others. The market for global microdermabrasion is expected to reach USD 802.44 million by 2023 from USD 609.79 million in 2016, at a CAGR of 3.42% from 2017 to 2023.
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.
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.
Key Players:
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.
Market Highlights:
Microdermabrasion 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. 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 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 global microdermabrasion market is expected to grow at a CAGR of 3.42% during the forecast period.
Segmentation:
The global microdermabrasion market is segmented on the basis type, product, indication, and end user.
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On the basis of type, the market is segmented diamond microdermabrasion, crystal microdermabrasion, and others. On the basis of product, the market is categorised into microdermabrasion machine, microdermabrasion crystals, microdermabrasion tips, microdermabrasion creams and scrubs, and others. The microdermabrasion machine segment is sub-segmented into table top, hand-held, and others. The microdermabrasion crystals segment is sub-segmented into aluminium oxide crystals, sodium bicarbonate crystals, sodium chloride crystals, and others. The microdermabrasion tips segment is sub-segmented into diamond tips, bristle tips, and others.
On the basis of indication, the market is segmented into acne & trauma scars, hyperpigmentation, photo-damage, stretch marks, and others. On the basis of end users, the market is segmented into hospitals, dermatology clinics, home care, and others.
MAJOR TOC:
CHAPTER 1. REPORT PROLOGUE
CHAPTER 2. MARKET INTRODUCTION
2.1 Introduction 18
2.2 Scope Of Study 18
2.3 Research Objective 18
2.4 Assumptions & Limitations 19
2.4.1 Assumptions 19
2.4.2 Limitations 19
CHAPTER 3. RESEARCH METHODOLOGY
3.1 Primary Research Methodology 21
3.2 Secondary Research Methodology 22
3.3 Market Share Analysis 23
3.4 Trade Analysis 23
3.5 Market Pricing Approach 23
CHAPTER 4. MARKET DYNAMICS
4.1 Introduction 24
4.2 Drivers 25
4.2.1 Increasing Prevalence of Skin Diseases 25
4.2.2 Rising Demands for Minimally Invasive Aesthetic Procedures for the Treatment Of Skin Diseases 26
4.2.3 Growing Expenses On The Cosmetics 27
4.3 Restraints 28
4.3.1 Alternative Non-Surgical Procedures In The Market 28
4.4 Mega Trend 29
4.4.1 Hydrafacial: 29
4.5 Macroeconomic Indicators 29
CHAPTER 5. MARKET FACTOR ANALYSIS
5.1 Porters Five Forces 30
5.1.1 Introduction 30
5.1.2 Bargaining Power of Suppliers 31
5.1.3 Bargaining Power Of Buyers 31
5.1.4 Threat Of New Entrants 31
5.1.5 Threat Of Substitutes 31
5.1.6 Degree Of Rivalry 32
5.2 Value Chain Analysis 32
5.2.1 Raw Material 33
5.2.2 Supplier 34
5.2.3 Manufacturer 35
5.2.4 Distributer 35
5.2.5 Customer 36
5.2.6 Consumer 36
5.3 Demand & Supply: Gap Analysis 37
5.4 Pricing Analysis 37
…CONTINUED
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