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Microneedling Industry Overview
The global microneedling market size was valued at USD 472.34 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028.
Rising aesthetic consciousness among consumers, increasing geriatric population, awareness about the effectiveness of microneedling procedures, and availability of at-home microneedling devices are expected to boost the market growth. Microneedling, as stated by the American Academy of Dermatological Association, is a minimally invasive procedure that involves the superficial micro puncturing of the epidermis using a dermapen or a roller that is embedded with thin, miniature metal or silicon needles. The main aim of the technique is to induce peripheral trauma on the skin to trigger the skin’s repair mechanisms and boost underlying collagen production.
Gather more insights about the market drivers, restrains and growth of the Global Microneedling Market
Dermatologists use sterile needles that deeply puncture the skin to treat varied skin conditions like wrinkles, scars, and cellulite. As stated by the NCBI, microneedling is a relatively new minimally invasive procedure that has gained tremendous popularity in a very short period of time due to its effectiveness, successful client testimonials, and low costs as compared to other skin rejuvenation treatments. The average in-office cost of microneedling treatment is around USD 425, which is quite low as compared to laser rejuvenation which ranges from around USD 700 to USD 1,200.
A study carried out by NCBI in 2018, to examine the safety and effectiveness of automated microneedling devices, reported that microneedling treatments of the face, significantly improve wrinkles, lines, and skin laxity & texture, after 90 and 150 days of the first treatment with minimal pain, discomfort, and downtime. Controlled micro-punctures are created leading to minimal superficial bleeding that sets up a wound healing cascade with the release of various growth factors, such as platelet-derived growth factors.
According to Medical News Today, microneedling also assists in greater absorption of topical skincare products by the cells that include vitamins, retinoids, etc., which further assists in effective facial rejuvenation. It is also an efficient technique to reduce wrinkle appearance and get firm skin, as it induces collagen. Rising cases of skin disorders like skin damage and pigmentation are expected to boost the market growth. According to the American Society for Dermatologic Surgery, sun damage is a top condition treated within the laser/light/energy-based devices, which increased by 14% year-over-year and up 22% from 2017 to 2020.
The COVID-19 pandemic adversely affected the overall aesthetics market in the first and second quarters of 2020. Many dermatology clinics and services were halted due to their elective nature and severely affected the operations of many aesthetic clinics due to the reduced patient footfall. However, many dermatologists believe that COVID-19 may act as a springboard that will drastically increase patient footfall post-pandemic. For instance, according to the American Society of Plastic Surgeons, the pandemic led to an increase in the acceptance of cosmetic procedures. The association’s survey of more than 1,000 women reported that 11% of the women are now more inclined and interested in nonsurgical procedures than before COVID-19.
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Microneedling Market Segmentation
Grand View Research has segmented the global microneedling market on the basis of type, product, needle material, application, and region:
Microneedling Type Outlook (Revenue, USD Million, 2016 - 2028)
- Laser
- RF
Microneedling Product Outlook (Revenue, USD Million, 2016 - 2028)
- Derma-stamp
- Dermapen
- Dermarollers
Microneedling Needle Material Outlook (Revenue, USD Million, 2016 - 2028)
- Silicon
- Metal
- Glass Hollow
Microneedling Application Outlook (Revenue, USD Million, 2016 - 2028)
- Skin Rejuvenation
- Acne Scar
- Traumatic & Surgical Scars
- Others
Microneedling Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Market Share Insights
- February 2020: Cynosure launched its Potenza Radiofrequency microneedling device expanding the company’s skin revitalization portfolio.
Key Companies profiled:
Some of the key companies operating in the global microneedling market are:
- Lumenis
- Cutera
- Cynosure
- Endymed Medical
- Candela Medical
- Dermaconcepts
- Eclipse Aesthetics
- Dermaquip
- Lutronic
- Dermaroller GmbH
Order a free sample PDF of the Microneedling Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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