Microneedling Market Size to Reach USD 980.6 Million in 2030 | Emergen Research

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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 the latest analysis by Emergent Research. The increasing demand for minimally invasive cosmetic procedures, the growing preference for home-use devices, and the rising awareness about the benefits of micro-needling are some of the key factors driving the growth of the micro-needling market. In addition, the emergence of new technologies, such as radiofrequency micro-needling and laser-assisted micro-needling, is providing a boost to market growth. However, the high cost of treatment and the risk of side effects are some of the factors restraining the growth of the micro-needling market.

The U.S. Food and Drug Administration has approved several micro-needling devices for use in the United States. Microneedling also called Collagen Induction Therapy (CIT) or percutaneous collagen induction (PCI), is a minimally-invasive cosmetic procedure that involves using fine needles to create tiny punctures in the skin. This triggers the body’s natural healing response, which results in the production of new collagen and elastin. There are several different types of micro-needling devices on the market, including those that use roller heads and those that use stamping heads. Microneedling can be performed at a doctor’s office or home with a derma-roller. Derma-rolling is a type of micro-needling that uses a small roller with fine needles to create microscopic injuries in the skin. This triggers the body’s natural healing response, which results in the production of new collagen and elastin. Derma-rolling can be used to improve the appearance of fine lines, wrinkles, acne scars, and stretch marks.

Some Key Highlights From the Report

• On 06 October 2021, Cynosure announced the launch of new treatments for skin fitness and body contouring, which would be made available with the company’s PicoSure laser device. This launch is expected to fuel the growth of the global micro-needling market during the forecast period.
• The patch segment is expected to account for a moderate revenue share during the forecast period due to the wide adoption of micro-needling patches by dermatologists and cosmetologists for the treatment of acne, scars, wrinkles, and other skin-related conditions. The availability of a large number of these products in the market is expected to support segment growth during the forecast period.
• The at-home segment is projected to register a CAGR of over 5% during the forecast period. The growth of this segment can be attributed to the rising preference for at-home treatments and the availability of a large number of products in the market.
• The alopecia segment is expected to register a rapid revenue growth rate between 2022 and 2030 due to the high growth potential in the market. The trend of social media is playing a major role in fuelling the demand for these procedures, as people are becoming more aware of the available options. One of the key growth drivers for the market is the increasing number of people suffering from hair loss. According to the International Society of Hair Restoration Surgery (ISHRS), around 35 million men and 21 million women in the United States are affected by hair loss. This is expected to increase the demand for micro-needling procedures, as they are known to be effective in treating hair loss.
• The Asia Pacific microneedling market is anticipated to grow at a CAGR of around 6% during the forecast period. The region’s growth can be attributed to the rising incidence of skin-related problems, the growing preference for minimally invasive procedures, and the increasing number of beauty salons.
• The Europe market is expected to register a rapid revenue growth rate between 2022 and 2030 due to the growing awareness regarding the efficacy of microneedling in treating various skin conditions and the availability of technologically advanced products in the region.
• Some major companies in the global market report include Dermaconcepts, Dermaroller GmbH, Crown Aesthetics, Beijing Sanhe Beauty S & T Co., Ltd., Aesthetic Group, Cutera, Lumenis Be Ltd., Cynosure, Lutronic, and DermaQuip.

Emergen Research has segmented the global microneedling market based on type, needle material, application, end-user, and region:

• Type Outlook (Revenue, USD Million; 2019-2030)
  • Laser
  • Radiofrequency
  • Rollers
  • Patch

• Needle Material Outlook (Revenue, USD Million; 2019-2030)
  • Metal
  • Glass
  • Silicon

• Application Material Outlook (Revenue, USD Million; 2019-2030)
  • Skin Rejuvenation
  • Alopecia
  • Sun Damage
  • Acne
  • Scar and Spots
  • Others

• End-Use Outlook (Revenue, USD Million; 2019-2030)
  • Hospitals
  • Cosmetic Therapy Centers
  • Ambulatory Surgical Centers
  • Dermatology Clinics
  • Others

• Regional Outlook (Revenue, USD Million; 2019-2030)
  • North America
    1. the U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. the UK
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • the Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of Middle East & Africa

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