The rapidly rising popularity of microneedling as a popular medical spa procedure among a considerable chunk of the individuals will prove to be a good growth generator.
The rapidly rising popularity of microneedling as a popular medical spa procedure among a considerable chunk of the individuals will prove to be a good growth generator. The safety and efficacy of the treatment type plays a crucial role in the growth of the microneedling market. The expanding need for such treatments due to the growing skin problems among many individuals will bring tremendous growth opportunities for the microneedling market during the forecast period of 2020-2030.
Microneedling is a procedure involving the dermaroller procedure that makes use of a pen fastened with mini-needles. These needles puncture the skin with small holes as the pen rolls over it. The miniscule wounds accelerate the collagen synthesis process. These wounds are skin deep but enough to raise an alarm across the body. The body responds to the alarm through healing and enables new skin to be formed instead of the damaged skin. This procedure helps in the formation of a more radiant and healthier skin.
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The benefits attached to the microneedling procedure bring tremendous growth prospects. One of the prominent benefits is the reduction of fine lines appearance and wrinkles. The ability to stimulate the generation of novel skin cells makes it one of the most preferred skin treatments. Furthermore, it helps in treating scars. The procedure helps in breaking scar tissues and enables new collagen fibers to break through and form new skin. The advantages help in increasing the growth rate of the microneedling market.
Acne scar, traumatic and surgical scars, and skin rejuvenation are vital applications that assure considerable growth. The needles used for microneedling procedures are made from materials like metal, silicon, and glass hollow. On the basis of product, the microneedling market can be segmented into dermarollers, derma-stamp, and dermapen. Radiofrequency and laser technology are used during microneedling procedures.
Microneedling Market: Competitive Insights
The microneedling market is highly competitive. The players in the microneedling market are involved in fierce competition for obtaining a prominent position in terms of consumer base. The players also indulge in new launches for increasing their revenues. The players invest in research and development activities. These activities help in discovering insights that help in expanding the overall growth trajectory of the microneedling market.
Some well-entrenched players in the microneedling market are:
- Candela Medical
- Eclipse Aesthetics
- Cutera
- Dermaconcepts
- Endymed Medical
- Dermaroller GmbH
- Dermaquip
- Lumenis.
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Microneedling Market: Recent Developments
The microneedling market is always involved in new launches and collaborations. They help in strengthening the influence of the players in the microneedling market, ultimately contributing to the growth structure. Some prominent developments in the microneedling market are as follows:
- 3D Aesthetics announced an advanced device blending radiofrequency technology and microneedling known as 3D Dermaforce. It will help in effectively treating numerous body and facial concerns.
- Cynosure recently announced the launch of Fusion Tip, a new and unique addition to its Potenza radiofrequency microneedling system.
Such developments help in increasing the growth prospects across the microneedling market.
Microneedling Market: Regional Aspects
North America’s microneedling market is expected to hold a dominant share across the assessment period of 2020-2030. The number of cosmetic procedures in the region is increasing at a rapid rate. This factor will help in boosting the growth prospects of the microneedling market in North America. Asia Pacific will also witness promising growth during the tenure due to the rising popularity of anti-aging treatment in the region.
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