Global RF Microneedling Market is expected to grow with the CAGR of 10.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Global RF microneedling market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global RF microneedling market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in January, 2020, Cartessa has formed distribution agreement with ShenB, which is a manufacturing company specialized in aesthetic technologies and medical skin care treatments. This new agreement will help Cartessa to expand its presence in the U.S. market with expansion of its product portfolio.
Lumenis is the dominating player in global RF microneedling market. The other key players existing in the market includes Cutera, LUTRONIC, ENDYMED MEDICAL, Cartessa, Aesthetics Biomedical, CANDELA CORPORATION, Sincoheren Ltd, Beijing Sanhe Beauty S & T Co., Ltd, Timpac Healthcare Pvt. Ltd, nubway C o.Ltd, Hunan Astiland Medical Aesthetics Technology Co., Ltd, Veroderm Medical Technologies among others.
Lumenis
Lumenis was headquartered in Yokneam, Israel. The company focuses in the field of minimally invasive clinical solutions for ophthalmology, surgical and aesthetic market along with providing energy based technologies such as intense pulsed light (IPL), laser and radio frequency (RF). The company is providing products in medical and aesthetics product categories. Market focused products lies under aesthetics category. The company is engaged in continuous development of RF microneedling product portfolio in the global RF microneedling market.
For instance,
- In April 2019, Lumenis had launched Pro+, a unique multi-application platform based on the RF current technology. With the launch of new RF microneedling platform the company is focusing on enhancement of their credibility in the market and increased their customer base to generate more revenue.
The company has wide global presence across the globe such as in North America, Europe, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Lumenis Inc. (U.S.), Lumenis (UK) Ltd. (U.K.), Lumenis (Germany) GmbH (Germany), Lumenis (Italy) SRL, (Italy), Lumenis (France), Lumenis India Pvt Ltd (India), Lumenis (Australia) Pty Ltd, (Australia) among others.
Cutera
Cutera, headquartered in California, U.S., was founded in 1998. The company provides solutions for medical aesthetics in order to deliver patient satisfaction with innovative solutions. The company is providing truSculpt flex, excel V+, excel V, enlighten, excel HR, Juliet, Secret RF, truSculpt i D, truSculpt 3D, xeo products. Market focused product is Secret RF. The company is engaged in continuous development of RF microneedling product portfolio in the global RF microneedling market.
For instance,
- In January 2018, Cutera have launched Secret RF, a new fractional radio frequency microneedling technology based device to deliver heat into the under layers of the skin by using the controlled RF energy for aesthetic procedures. With the launch of new technology the company is focusing on enhancement of their product portfolio and to increase revenue generation.
The company has wide global presence across the globe such as in North America, Europe and Asia-Pacific. In addition to it, the company also generates its revenue from various subsidiary companies such as CUTERA GmbH (Switzerland), CUTERA SPRL (Belgium), CUTERA Pty. Limited (Australia), CUTERA Medical Ltd (U.K.) among others.
LUTRONIC
LUTRONIC, headquartered in Osaka, Japan was founded in 1997. The company focuses on providing affordable and efficacious intuitive, robust, versatile aesthetic and medical devices to the worldwide medical community for the treatment of variety of conditions including melasma, tattoo removal, soft tissue incision, vascular, hair removal, wrinkles reduction, rejuvenation, body/face contouring, chronic pain and healing among others. The company is providing products in aesthetic, vision, surgical product categories. Market focused products lies under aesthetics category. The company is engaged in continuous development of RF microneedling product portfolio in the global RF microneedling market.
For instance,
- In February 2019, LUTRONIC has received the U.S. FDA authorisation for Lutronic Genius radiofrequency microneedling platform. The new system is comprised of sophisticated feedback and sensing system to provide algorithms feedback at real-time and to deliver more consistent energy during the treatment. With the launch of new technology, the company is focusing to lead market in the forecasted period.
The company has wide global presence in North America, Europe, South America, Middle East & Africa, and Asia-Pacific. In addition to it, the company also generates its revenue from various subsidiary companies such as Lutronic Aesthetics Inc. (U.S.) and Lutronic, Inc. (U.S.).
