The global microneedling market size was USD 505.3 Million in 2021 and is expected to register a revenue CAGR of 7.70% during the forecast period, according to latest analysis by Emergen Research. Increasing awareness about aesthetic medicinal treatments through social media is a crucial factor driving market revenue growth.
Microneedling is a cosmetic procedure where skin of the patient is pricked using microneedles to inflict damage, in turn, stimulate production of collagen and elastin protein, which improve skin quality and rejuvenate it. It has been noted to treat various dermatological conditions including acne, atopic dermatitis, alopecia, scars, spots, wrinkles and fine lines, and hyperhidrosis. Aging and geriatric patients are increasingly adopting the procedure for reducing facial fine lines and wrinkles and increase brightness of skin. The U.S. Food and Drug Administration has approved use of microneedling devices for treatment and improvement of facial wrinkles, acne scars, and abdominal scars, and stretch marks in patients above or of age of 22. Blunt-tipped microneedle dermarollers are available as over-the-counter products in retail stores for removal of dead skin, which is expected to drive revenue growth of the global microneedling market between 2022 and 2030.
Factors influencing the growth of the Microneedling market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Microneedling market. The report discusses in detail the positive and negative impact of the pandemic on the Microneedling industry. The supply chain disruptions and economic volatility have altered the dynamics of the Microneedling industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Some Key Highlights From the Report
The Microneedling research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the Microneedling report are:
Dermaconcepts, Dermaroller GmbH, Crown Aesthetics, Beijing Sanhe Beauty S & T Co., Ltd., Aesthetic Group, Cutera, Lumenis Be Ltd., Cynosure, Lutronic, and DermaQuip.
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Emergen Research has segmented the global microneedling market based on type, needle material, application, end-use, and region:
The report addresses the following key points:
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