Microneedling Market (By Type: Laser, RF; By Product: Derma-Stamp, Dermapen, Dermarollers; By Needle Material: Silicon, Metal, Glass Hollow; By Application:Skin Rejuvenation, Acne Scar, Traumatic & Surgical Scars, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Published Date : Aug 2021 | No. of Pages : 150+ Pages | Category : Healthcare

The global Microneedling market size is expected to be worth around US$ 1 Bn by 2030, according to a new report by Vision Research Reports.

The global Microneedling market size was valued at US$ 482.34 Mn in 2020 and is anticipated to grow at a CAGR of 17.9% during forecast period 2021 to 2030.

Growth Factors

As stated by Healthline, microneedling, also known as collagen induction therapy, boosts the production of collagen in the epidermis by breaking down hardened scar strands and allows the epidermis to revascularize. The introduction of at-home devices like dermarollers (0.2 to 0.3mm) has further boosted the market growth. Moreover, factors like rising aesthetic consciousness among the population, high procedure effectiveness, lower costs as compared to other aesthetic procedures, and availability of at-home products are expected to propel market growth.

 The COVID-19 pandemic has adversely affected the overall aesthetic industry along with this market, especially in the first and second quarters of 2020, due to restrictions on the elective aesthetic procedure. However, many dermatologists believe that COVID-19 may act as a springboard that will drastically increase patient footfall for aesthetic treatments post-pandemic. For instance, post-lockdown, the number of first-time attendees to dermatology clinics increased by 78% in the U.K. Moreover, the online sales of beauty tools and products including dermarollers increased during the pandemic.

Report Highlights

The RF type segment accounted for the highest revenue share of 69% in 2020 and is estimated to retain the leading position growing at the fastest CAGR over the forecast period. The amalgamation of microneedling with radiofrequency has expanded the application of the procedure with respect to treating not only the face but also other parts of the body like the neck and chest. In RF microneedling, insulated needles are used to penetrate the skin and release radiofrequency currents into the epidermis without causing any blood loss or post-procedural scars.

RF microneedling does not damage the epidermis and also provides promising results and thus, it is being readily adopted. On the basis of type, the market has been segmented into laser and RF microneedling. The laser microneedling treatments have been only currently launched. It is a combination procedure of laser treatment with microneedling. According to NCBI, a post-burn scar that was treated with a combination of microneedling and laser showed significant improvement.

Based on product, the market is segmented into derma-stamp, dermapen, and dermarollers. The dermapen segment accounted for the largest revenue share of more than 38% in 2020 and is expected to dominate the global market even during the forecast period. Dermapen devices are majorly used in dermatology clinics and according to the American Academy of Dermatology Association in-office microneedling treatment using dermapen equipped with RF offers more prominent results.

The use of products like dermaroller has also been readily adopted recently as they are easily available online and can be used at home with a combination of topical skin serums. The at-home microneedling devices are smaller than in-office microneedling devices (0.2 to 0.3mm) and therefore offer less significant results. However, it is the most cost-effective device that costs under USD 60, and therefore it is being widely adopted by consumers.

The skin rejuvenation application segment accounted for the highest revenue share of more than 40% in 2020. The segment is also estimated to register the fastest CAGR from 2021 to 2030. Skin rejuvenation procedures are among the most frequently carried out minimally aesthetic procedures globally. On the basis of application, the market is divided into skin rejuvenation, acne scar, traumatic & surgical scars, and others.

According to ISAPS, around 276,069 facial rejuvenation procedures were carried out in the U.S., accounting for 36.2% of the total non-surgical market in the country. Moreover, factors like consciousness about appearance, the increasing geriatric population, rising cases of skin disorders, and high awareness regarding the effectiveness of aesthetic procedures are expected to boost the growth of this segment over the coming years.

The metal segment accounted for the largest revenue share of more than 42% and is also expected to be the fastest-growing material segment over the forecast period. This growth can be credited to the fact that metals are strong enough to avoid breaking, thus more suitable as compared to silicon for microneedle devices.

In 2020, North America held the largest market share of 51% and will expand further at a steady CAGR from 2021 to 2030. The U.S. accounted for the largest share in the North America regional market. An increase in the number of cosmetic procedures being performed is propelling the product demand in North America. The presence of advanced healthcare facilities & skilled professionals and high disposable income levels are also among the major factors driving the growth of the regional market.

Report Coverage Details
Market Size US$ 1 Bn by 2030
Growth Rate CAGR of 17.9% From 2021 to 2030
Base year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Product, Needle Material, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Lumenis; Cutera; Cynosure; Endymed Medical; Candela Medical; Dermaconcepts; Eclipse Aesthetics; Dermaquip; Lutronic; Dermaroller GmbH

Key Players 

 

  • Lumenis

  • Cutera

  • Cynosure

  • Endymed Medical

  • Candela Medical

  • Dermaconcepts

  • Eclipse Aesthetics

  • Dermaquip

  • Lutronic

  • Dermaroller GmbH

Market Segmentation

  • Type Outlook

    • Laser

    • RF

  • Product Outlook 

    • Derma-Stamp

    • Dermapen

    • Dermarollers

  • Needle Material Outlook

    • Silicon

    • Metal

    • Glass Hollow

  • Application Outlook

    • Skin Rejuvenation

    • Acne Scar

    • Traumatic & Surgical Scars

    • Others

  • Regional Outlook

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • MEA

      • South Africa

      • Saudi Arabia

      • UAE

The Microneedling market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Microneedling market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Microneedling market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Microneedling market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Microneedling market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Microneedling capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Microneedling by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Microneedling market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Microneedling market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Microneedling market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Microneedling industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Microneedling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Microneedling market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Microneedling market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Microneedling market. These factors have benefited the growth of the global market for Microneedling. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Microneedling. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Microneedling are as follows:

  • History Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:


- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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