Global Microneedling Market to reach USD xx billion by 2027
Global Microneedling Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Micro-needling is a low-risk, low-effective therapeutic method used in combination with chemical, laser, or IPL skin treatments. Collagen induction treatment is another name for micro-needling. It is a therapy that includes rolling a small device over the skin that is coated with hundreds of tiny needles. These small needles penetrate the skin, triggering a physiological response that lead to an increase in collagen and elastin synthesis. Micro-needling devices are used to tighten, lift, and rejuvenate the skin of people of all ages. Micro-needling is a popular cosmetic technique that may be used for a variety of purposes. Fine lines, surgical acne or trauma scars, stretch marks, pigmentation, wrinkles, and a variety of other skin issues are treated using micro-needling devices. It is often carried out at plastic surgery facilities. Micro-needling devices assist in the activation of cellular regeneration in the body. The market is expected to grow due to rising aesthetic consciousness among consumers, an increase in the senior population, increased awareness about the effectiveness of microneedling procedures, and the availability of at-home microneedling equipment. According to Medical News Today, microneedling aids in the absorption of topical skincare products such as vitamins, retinoids, and other ingredients by the cells, resulting in more effective face rejuvenation. It's also a good way to minimise wrinkles and obtain firmer skin since it stimulates collagen production. The market is expected to grow due to an increase in occurrences of skin diseases such as skin damage and pigmentation. Sun damage is a top ailment treated by laser/light/energy-based devices, according to the American Society for Dermatologic Surgery, with a 14 % year-over-year rise and a 22 % increase from 2017 to 2020.
The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Microneedling market. North America, with a market share of 41% in 2020, will begin to expand at a consistent CAGR from 2021 to 2028. In the North America regional market, the United States had the highest percentage. Product demand in North America is being driven by a rise in the number of cosmetic operations performed. The availability of sophisticated healthcare facilities and experienced experts, as well as high disposable income levels, are all contributing to the area market's growth. On the other hand, Asia Pacific is expected to be the fastest-growing geographical market throughout the forecast period. Antiaging therapy demand is increasing as the standard of living rises and consumer disposable income levels rise in developing economies, driving market development in the Asia Pacific region. Furthermore, the availability of experienced specialists, innovative techniques, and less expensive treatments are drawing clients from all over the world, resulting in a high volume of aesthetic operations in the region.
Major market player included in this report are:
Lumenis
Cutera
Cynosure
Endymed Medical
Candela Medical
Dermaconcepts
Eclipse Aesthetics
Dermaquip
Lutronic
Dermaroller GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed formation about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Laser
RF
By Product:
Derma-Stamp
Dermapen
Dermarollers
By Needle Material:
Silicon
Metal
Glass Hollow
By Application:
Skin Rejuvenation
Acne Scar
Traumatic & Surgical Scars
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Microneedling Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors