Microneedling Market Size to Surpass 1 BN by 2030

The global Microneedling market size is expected to surpass around US$ 1 Bn by 2030 and is projected to grow at a CAGR of 17.9% during forecast period 2021 to 2030.

The global Microneedling market size is expected to surpass around US$ 1 Bn by 2030 and is projected 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.

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 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 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

 

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.

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
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

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