According to the report, the global microneedling market was valued at US$ 481.3 Mn in 2020 and is projected to expand at a CAGR of 7.8% from 2021 to 2031.
Microneedling Market: Introduction
According to the report, the global microneedling market was valued at US$ 481.3 Mn in 2020 and is projected to expand at a CAGR of 7.8% from 2021 to 2031. Microneedling is a wrinkle, scar, and atypical texture or pigment therapy. Microneedling is a procedure that involves the use of needles to make small holes in the skin. The aim of the procedure is to generate new collagen and skin tissue. The treatment is primarily used on the face. It is a minimally invasive procedure used to treat wrinkles, stretch marks, hyperpigmentation, scars, and cellulite. This promotes the synthesis of collagen and elastin fibers, as well as the formation of capillaries, resulting in tissue remodeling.
The global microneedling market is driven by rise in awareness and concerns about physical appearance, combined with increase in demand for non-surgical treatments that provide maximum results with minimal downtime.
Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=56118
Increase in Incidence of Skin Diseases and Disorders
Rise in incidence of uneven skin tone and skin discoloration is projected to boost the growth of the global microneedling devices market. According to a report by the Journal of Clinical and Aesthetic Dermatology (July 2017), the prevalence of uneven skin tone and skin discoloration among the population of the U.S. was around 56.4% and 55.9%. Moreover, rise in cost of cosmetic surgeries and high discomfort level of these surgeries compared to microneedling procedure is expected to boost the growth of the microneedling market. According to the National Center for Biotechnology Information (NCBI) report in August 2017, the microneedling procedure is well tolerated with less discomfort and pain.
Furthermore, the procedure has less side effects compared to other invasive treatments such as radio frequency and laser treatment. This will, in turn, increase the uptake of microneedling devices, thereby driving the market.
Request for Analysis of COVID-19 Impact on Microneedling Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=56118
Automated to Lead Global Microneedling Market
In terms of type, the global microneedling market has been bifurcated into automated and manual. The automated segment accounted for 64.9% share of the market in 2020. It is anticipated to be a lucrative segment during the forecast period. The segment is expected to reach US$ 728.3 Mn by 2031, expanding at a CAGR of 8% from 2021 to 2031. Automated microneedling devices allow the operator to define the diffusion depth and frequency of the needle penetration, and control the treatment and coverage rather than rely on the operator to physically roll the device over the skin. These advanced features are likely to augment the automated segment in the near future.
Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=56118
Microneedling Market Dynamics
Based on material, the global microneedling market has been classified into dermapen, dermaroller, RF microneedling devices, and others. The segment is driven by rise in prevalence of skin disorders, increase in demand for minimally invasive aesthetic procedures, and surge in FDA approval for RF microneedling devices. In terms of material, the stainless steel segment accounted for 43.6% share of the market in 2020. The segment is projected to gain market share to reach 46.6% in 2031. The segment is anticipated to witness strong growth, as stainless steel needles are ideal in promoting collagen production and smoothing skin’s texture and are inherently more sterile.
Based on application, the skin rejuvenation segment accounted for 33.5% share of the market in 2020. The segment is expected to gain market share to reach 36.4% in 2031.
The hospitals end-user segment accounted for 47.8% share of the market in 2020.
Buy now Microneedling Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=56118<ype=S
North America to Lead Global Microneedling Market
The microneedling market in North America was valued at US$ 217.2 Mn in 2020 and is projected to reach US$ 500.2 Mn by 2031, expanding at a CAGR of 7.9% from 2021 to 2031. The market in North America is driven by increase in number of aesthetic procedures performed in the past few years and rise in prevalence of skin disorders. Surge in demand for anti-aging therapies also boosts the growth of the market in the region, as microneedling has proven its efficacy as anti-aging therapy.
Competition Landscape
The global microneedling market is fragmented due to the presence of a large number of leading players. Key players operating in the global market include Lumenis, Cutera, Cynosure, EndyMed Medical Ltd., Candela Medical, Environ Skin Care, Eclipse Med Global, Derma Quip, Lutronic, Dermaroller GmbH, Crown Aesthetics, Shenb Co. Ltd., Veroderm Medical Technologies, Nubway Co. Ltd., Timpac Healthcare, and Sincoheren Ltd.
More Trending Reports by Transparency Market Research:
Ischemic Cardiomyopathy Market The demand within the global ischemic cardiomyopathy has increased alongside advancements in healthcare monitoring. The use of new technologies for studying the structure of the human arteries has opened new avenues for growth across the global ischemic cardiomyopathy market. Furthermore, there has been an increase in the incidence of acute myocardial infarction, prompting the healthcare industry to invest in cardiomyopathy treatments.
Familial Amyloid Polyneuropathy Market Familial amyloid polyneuropathy (FAP) or transthyretin (TTR) amyloid neuropathy is a genetic disorder caused by the deposition of insoluble amyloid fibrils around the peripheral nerves and in various tissues, including the heart muscle. Transthyretin is a transporter of retinol and thyroid hormone; majority of which is made in liver and small amount of the protein is made in brain and eyes. The prevalence of familial amyloid polyneuropathy is very low across the globe.
Haemophilus Infections Market Haemophilus is a group of bacteria that causes different types of illness such as breathing, bone and joint disorders and nervous system disorders. Among all the strains of Haemophilus, H infleunzae type b (Hib) is one of the most common types of infecton causing bacteria. The bacteria is also known as Bacillus Influenzae of Pfeiffer’s bacillus and it is a gram negative, facultatively, ccobacillary, anaerobic bacteria.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453