Global Microneedling Market: Trends, Drivers, and Forecasts 2023-2030

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The Microneedling Market size was valued at USD 0.46 billion in 2022 and is projected to grow from USD 0.51 Billion in 2023 to USD 1.01 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.31% during the forecast period (2023 - 2030).

The microneedling market is witnessing robust growth, driven by rising demand for minimally invasive cosmetic procedures and advancements in technology. With increasing concerns about skin rejuvenation, acne scars, and aging, microneedling emerges as a popular option due to its efficacy and minimal downtime. The market is characterized by the introduction of innovative microneedling devices, such as derma rollers and pen-like devices, enhancing precision and results. Moreover, the expanding awareness about skincare and the availability of professional microneedling services contribute to market expansion. Growing disposable incomes and the desire for youthful appearances further propel the microneedling market's upward trajectory globally.

Microneedling has emerged as a popular skincare treatment option, offering a minimally invasive solution for various skin concerns. Two key techniques within the microneedling market are RF microneedling and derma stamping, each offering unique benefits and targeted outcomes.

RF microneedling utilizes radiofrequency energy delivered through tiny needles to penetrate the skin's surface. This stimulates collagen production and tightens the skin, reducing the appearance of wrinkles, fine lines, and acne scars. The combination of microneedling with RF energy enhances the overall effectiveness of the treatment, leading to improved skin texture and firmness.

Derma stamping, on the other hand, involves the use of a handheld device equipped with fine needles that create micro-injuries on the skin's surface. This process stimulates the skin's natural healing response, promoting collagen and elastin production. Derma stamping is effective in reducing the appearance of scars, hyperpigmentation, and stretch marks, while also enhancing the absorption of topical skincare products.

Both RF microneedling and derma stamping have gained popularity due to their ability to deliver noticeable results with minimal downtime. These treatments are suitable for individuals seeking to address various skin concerns without undergoing invasive procedures or lengthy recovery periods.

As the demand for non-surgical skincare solutions continues to rise, the microneedling market is expected to expand further, with RF microneedling and derma stamping playing integral roles in meeting consumers' diverse needs. With advancements in technology and increased accessibility, more individuals can benefit from these innovative treatments to achieve healthier, more radiant skin.

Market Segmentation

On the basis of procedure, the market is segmented into RF microneedling, traditional microneedling, and PRP microneedling. The RF microneedling segment was attributed to holding the largest market share in 2022 with a market share of around 45% revenue as estimated by MRFR analysts. This is due to increasing demand for non-surgical and minimally invasive cosmetic treatments that produce visible results with minimal downtime. Moreover, a study published by the National Center for Biotechnology Information (NCBI) in 2018 aimed to evaluate the safety and effectiveness of automated microneedling devices for facial rejuvenation. Also, they reported that non-surgical treatments that eliminate fat and tighten skin increased by nearly 20% over the previous year.

Further, we estimate that the market segment will continue to pool in the largest chunk of revenue during the forecast period. It has been identified that the segment market yet witnesses continuous innovations and movements in terms of new product launches.

On the basis of the product, the market is segmented into derma-stamp, dermapen, dermarollers, RF microneedling devices, and Others. The RF microneedling devices segment was attributed to holding the largest market share in 2022.

Regional Analysis

The global microneedling market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe microneedling market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The microneedling market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the world’s microneedling market comprises of Middle East, Africa, and Latin America.

The increasing incidence of alopecia and different dermatological diseases and the presence of advanced healthcare facilities and skilled professionals in the region, and the rising strategic partnership and increasing investment by major players in the region, are boosting the growth of the North American region. Further, increasing technological advancement and rising awareness about microneedling procedures in the region are expected to further drive the growth of the regional segment in the North American microneedling market.

Competitive Landscape:

The Microneedling companies include Crown Aesthetics (US), Lumenis Be Ltd (Israel), Aesthetics Biomedical (US), INMODE (US), LUTRONIC (US), Cynosure (US), Cutera (US), Endymed (US), Candela Corporation (US), and Dermaroller GmbH (Germany)

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