Albany, NY -- (SBWIRE) -- 11/19/2018 -- ResearchMoz.us has announced the addition of a report, titled "Microdermabrasion Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026".The report on the global microdermabrasion devices market is a granular assessment of key growth drivers and opportunities, notable regional trends and emerging avenues, overall competitive dynamics, and recent innovations and advancements in therapies.
The global microdermabrasion devices market is projected to rise at a modest single-digit CAGR during 2018–2026. The evolution of the market stemmed from the rising need for non-invasive therapies and procedures for treating a variety of skin conditions. The rising demand for microdermabrasion devices in treating dull skin, brown spots, and age spots is a key factor boosting the market. These devices are characterized by causing minimal discomfort to patients in procedures that usually span multiple sessions, which accounts for their popularity in affected population, world over.
The rising count of elderly populations is driving the demand for microdermabrasion devices in routine skin care. The rise in spending capacity of people, especially middle-class population, in developing economies is a notable factor bolstering the growth of the microdermabrasion devices market. The changing lifestyles of people has led to increased incidence of skin care conditions, which is notably catalyzing the demand for these devices.
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Ceaseless efforts by personal care product manufacturers and pharmaceutical companies to launch advanced products with higher efficacy are expected to create new avenues in the microdermabrasion devices market. The advent of handheld devices in the market is case in point. Advances in technologies in microdermabrasion devices are likely to help in the development of devices that can treat a broad range of skin conditions and ensure that the effects are more durable. The focus on developing such devices will help fuel the rapid expansion of the microdermabrasion devices market.
The rapid strides being taken by medical tourism across the world is a notable trend impacting the growth of the global microdermabrasion devices market in a significant way. This has led to influx of people from developed regions such as North America and Europe to less costly medical care for receiving the same quality of skin treatment. The steady improvements made in medical and healthcare infrastructures in countries such as Thailand, India, and Malaysia has helped the market retain its growth momentum over the past few years. The growing presence of clinical expertise in these nations is further supporting the expansion of these regional markets for microdermabrasion devices.
Top players are leveraging their extensive and diversified product portfolio to retain their stronghold in the microdermabrasion devices market. Several prominent companies are also focusing on setting up robust distribution networks to consolidate their footprints in the market.
Some of the key players operating in the microdermabrasion devices market are Koninklijke Philips N.V., Dermaglow, Altair Instruments, Silhouet-Tone, Allergan Plc, and Johnson & Johnson.
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