The global Microneedling Market size is expected to reach USD 992.49 million by 2028, registering a CAGR of 7.9% over the forecast period, according to a new report by Grand View Research, Inc. Some of the key industries in this market include Lumenis, Cutera, Cynosure, Endymed Medical, Candela Medical. It is a minimally invasive aesthetic procedure that involves superficial and controlled puncturing (micro-puncturing) to the skin by using a rolling device embedded with small fine needles made of either metal or silicon and is performed under local anesthesia. According to NCBI, it was initially introduced for skin rejuvenation; however, recently it has been used for treating skin conditions like acne scar, post-traumatic burn, alopecia, stretch marks, hyperpigmentation, etc. due to the proven effectiveness of the treatment.
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.
Related Press
Release@ Microneedling
Market Report
Microneedling Market Report Highlights
- The
RF microneedling product segment accounted for the highest revenue share
in 2020 due to high demand for these products as they provide more
prominent results and safety than manual procedures
- Dermapen
segment accounted for the largest share of over 38% in 2020 and is
expected to retain the leading position over the forecast period
- The
skin rejuvenation application segment held the highest revenue share in
2020. Skin rejuvenation procedures are among the most frequently carried
out minimally aesthetic procedures globally
- North
America held the highest market share in 2020. However, Asia Pacific is
expected to register the fastest CAGR over the forecast period due to the
availability of skilled professionals, advanced techniques, and cheaper
treatment costs
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