Global Microneedling Market, By Technique (Manual, Automated), Product (Dermapen, Dermaroller, RF Microneedling Devices, Others), Material (Silicon, Titanium, Stainless Steel, Polymers, and Others), Application (Skin Rejuvenation, Scarring, Acne, Wrinkles, and Others), End-user (Hospitals, Dermatology Clinics, Homecare Settings, and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the microneedling market is growing at a CAGR of 8.30% in the forecast period of 2022 to 2029.
Microneedling is a kind of a wrinkle, scar, and atypical texture or pigment therapy. Microneedling is a process which comprises the use of needles to make small holes in the skin. The purpose of the procedure is to create new collagen and skin tissue. The treatment is mainly used on the face.
The increasing popularity and efficacy is the major factor accelerating the growth of the microneedling market. Furthermore, the increasing aging population, constant R&D activities in microneedling techniques, growing awareness of minimally invasive skincare procedures, rapid innovation in tools, and equipment used by dermatologists are also expected to drive the growth of the microneedling market. However, the high cost of microneedling procedures and stringent regulations for microneedling procedures restrains the microneedling market, whereas, the safety concern will challenge microneedling market growth.
In addition, high investments in R&D activities in surgical procedures, along with rise in the awareness and acceptance of skin care procedures will create ample opportunities for the microneedling market.
This microneedling market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on microneedling market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Microneedling Market Scope and Market Size
The microneedling market is segmented on the basis of technique, product, material, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on technique, the microneedling market is segmented into manual and automated.
- On the basis of product, the microneedling market is segmented into dermapen, dermaroller, RF microneedling devices, and others.
- On the basis of material, the microneedling market is segmented into silicon, titanium, stainless steel, polymers, and others.
- On the basis of application, the microneedling market is segmented into skin rejuvenation, scarring, acne, wrinkles, and others.
- On the basis of end-user, the microneedling market is segmented into hospitals, dermatology clinics, homecare settings, and others.
Microneedling Market Country Level Analysis
The microneedling market is analysed and market size insights and trends are provided by country, technique, product, material, application and end-user as referenced above.
The countries covered in the microneedling market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the microneedling market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the rise in the popularity of skin rejuvenation and resurfacing treatments, and the growing geriatric population. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period of 2022 to 2029 due to the high investments in R&D activities in surgical procedures, along with awareness and acceptance of skin care procedures.
The country section of the microneedling market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The microneedling market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for microneedling market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the microneedling market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Microneedling Market Share Analysis
The microneedling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to microneedling market.
Some of the major players operating in the microneedling market report are Cook, Medtronic, BD, CooperSurgical, Inc., Lumenis, Cutera, ENDYMED MEDICAL, Aesthetics Biomedical, Cartessa, Veroderm Medical Technologies, Hunan Astiland Medical Aesthetics Technology Co., Ltd., nubway Co.Ltd., Timpac Healthcare Pvt. Ltd., CANDELA CORPORATION, LUTRONIC, Sincoheren Ltd, Beijing Sanhe Beauty S & T Co., Ltd Company, and Terumo Corporation among others.