Microneedling Devices Market Size, Share, Growth, and Industry Analysis by Type (Derma-Stamp, Dermapen, and Dermarollers), By Application (Hospitals, Dermatology Clinics, and Others), Regional Insights, and Forecast To 2031

Updated On: 20 November 2023

MICRONEEDLING DEVICES MARKET REPORT OVERVIEW 

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global microneedling devices market size was USD 47,040 million in 2021 and market is touch USD 105480.6 million by 2031 at CAGR 8.3% during the forecast period.

The POS printer market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Micro-needling is a harmless, marginally in effect healing process which is related with biochemical, laser or IPL cures for treating the skin. The micro-needling procedure is also recognized as collagen induction therapy. The Microneedling cure includes rolling a small device which is protected by hundreds of tiny needles over a skin. These minute needles pierce in the skin which causes the body reaction, triggering an upsurge in the production of collagen and elastin. Micro-needling devices are essentially used to boost, stiffen, and revitalize the peel of all ages. Micro-needling is a popular cosmetic process which can be used for a very varied range of signals. Micro-needling devices are used to progress the presence of fine lines, medical acne or trauma scars, stretch marks, pigment, crinkles and many more difficulties connected to skin. It is frequently executed in the plastic surgery centers. Micro-needling devices help to trigger the body’s cellular renewal.

COVID-19 Impact: Lockdown Restrictions to Impede Market Progress

The COVID-19 virus harmfully affected the general aesthetics market in the first and second quarters of 2020. Many dermatology surgeries and facilities were paused owing to their voting nature and strictly affected the operations of many aesthetic clinics owing to the reduced patient footfall. Nevertheless, many dermatologists consider that COVID-19 may act as a trigger that will radically upsurge patient footfall post-pandemic. 

LATEST TRENDS

"Increasing Demand for Minimally Invasive Procedures to Foster Market Growth"

Minimal invasive procedures are moderately simple, effective, and cost-effective than any other outdated operating techniques. Fewer intricacy, less postoperative discomfort, slight risk of contagion, wildest recovery, and cost-effectiveness are some of the foremost features for its rising accomplishment and admiration. It is the medical procedure that uses smaller cuts. Apart from orthopedics, this technology can be broadly used for several cosmetic cures such as microneedling. Microneedling is a process that can be performed by penetrating the skin to motivate the fabrication of collagen. The ultimate objective is to preserve varied kinds of skin concerns such as scars, acne, traumatic, burn scar, alopecia, stretch marks, skin discoloration, and various other skin complexities. It has been found that numerous patients are including minimally invasive surgeries to preserve their skin conditions.

MICRONEEDLING DEVICES MARKET SEGMENTATION

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• By Type

Based on type; the market is divided into Derma-Stamp, Dermapen, and Dermarollers.

• By Application

Based on the application; the market is divided into Hospitals, Dermatology Clinics, and Others.

DRIVING FACTORS

"Altering Living Standards to Foster Market Growth"

Shifting standard of living will increase the occurrence of skin connected infections which will eventually improve the growth of the global microneedling devices market. The global market of microneedling devices is determined by the growing occurrence of chronic hyperpigmentation, the skin contagious virus etc. The high cost of the other operating process such as plastic surgery can increase the microneedling devices market growth propositionally.

"Technological Advancements to Promote Growth"

The microneedling device market share is observing the upsurge of prominent market aspects such as the growing incidence of skin diseases such as actinic keratosis and acne that are expected to benefit the market growth at an exceptional market rate in the coming years. Moreover, the dermabrasion and microneedling market inclinations show that there is a growing demand for patient and minimally invasive dermabrasion techniques are motivating the growth of the microneedling devices market in the coming years.

RESTRAINING FACTORS

"Side Effects to Hamper Market Growth"

The home based treatment, absence of capability in using these progressive skills act as a limitation to the market. Besides that, absence of responsiveness of people concerning the skin treatment and the side effects of the treatment such as puffiness, soreness or mild to adequate tan will impede the growth of this market.

MICRONEEDLING DEVICES MARKET REGIONAL INSIGHTS

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"North America to Dominate Market Owing to New Product Development   "

North America holds the largest part of the global microneedling devices market share. The occurrence of innovative healthcare services & expert specialists and high disposable income are driving the growth of the regional market. This is owing to the growth in the admiration of skin transformation and reappearing treatments, and the rising elderly population.

Asia Pacific is projected to have a sizable market share in the coming years. An upsurge in the demand for anti aging cure, an upsurge in the standard of living, and rising consumer disposable income in developing nations are enhancing the market development.

KEY INDUSTRY PLAYERS

"Market Players to Boost Market Growth"

The report delivers information about the list of infrared heaters market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Dermapen (Australia)
• MD Needle Pen (U.S.)
• Edge Systems (U.S.)
• Weyergans High Care (Germany)
• Bomtech Electronics (South Korea)

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.