Microneedling, also known as collagen induction therapy, is a cosmetic and safe procedure that utilizes derma roller to address a variety of skin issues. This technique involves the use of rolling devices with multiple tiny needles that penetrate the skin’s living layer to stimulate the production of collagen and elastin. Microneedling is effective for treating various skin conditions, including fine lines, acne, scarring, wrinkles, loose skin, stretch marks, and pigmentation.
Global Microneedling Devices Market – Dynamics
The microneedling devices market is expected to witness growth due to the increasing prevalence of uneven skin tone and skin discoloration. A report published in July 2010 by The Journal of Clinical and Aesthetic Dermatology stated that the prevalence of these conditions in Arab Americans was around 56.4% and 55.9% in 2007, respectively. In addition, the high cost and discomfort associated with traditional cosmetic surgeries compared to microneedling procedures are also expected to contribute to the growth of the global microneedling devices market. According to an August 2017 report by the National Center for Biotechnology Information (NCBI), the microneedling procedure is well-tolerated with minimal discomfort and pain and has fewer side effects than other invasive treatments such as radio frequency and laser treatment. Furthermore, the microneedle patch for flu vaccination, which was developed as an innovation by the National Institute of Health (NIH) in June 2017, is expected to further boost the microneedling market over the forecast period.
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Global Microneedling Devices Market – Regional Insights
The launch and approval of new microneedling devices in North America led to the region accounting for the largest market share in 2017. For instance, Bellus Medicals, a U.S.-based company, received approval from the U.S. Food and Drug Administration (FDA) for its microneedling device, SkinPen®. In Asia Pacific, the increasing prevalence of skin-related diseases is expected to drive the growth of the microneedling devices market. According to the Indian Journal of Dermatology, over 80% of the population in India experiences skin color heterogeneity resulting from postinflammatory hyperpigmentation or melasma. Thus, these factors and trends are anticipated to bolster the global microneedling devices market.
Global Microneedling Devices Market – Competitive Landscape
The global microneedling devices market has several key players including Dermaroller GmbH, Dermapen, MDPen Fractional Microdermal Needling, DermaConcepts, ConceptSkincare, Ramboll Environ, Inc., Edge Systems LLC., Weyergans High Care, Bomtech Electronics Co., Ltd., among others.
Companies in the market are dedicated to improving their market position by developing new products. One such example is Dermaroller GmbH, which introduced the Dermaroller HC902 and Beauty Mouse for patient use at home. In recognition of their product Dermaroller Beauty Mouse, the company received an award from the professional magazine “Ästhetische Dermatologie” in 2013.
Global Microneedling Devices Market – Taxonomy
The following product categories make up the worldwide market for microneedling devices:
- Derma-stamp
- Dermapen
- Dermarollers
The market for microneedling devices is divided into the following categories based on the type of needle used:
- Silicon Microneedle
- Silicon Hollow Microneedle
- Solid Microneedle
- Metal Microneedle
- Hollow Metal Microneedle
- Solid Metal Microneedle
- Glass Microneedle
The global market for microneedling devices is divided into the following categories based on end user:
- Hospitals
- Dermatology Clinics
- Others
The global market for microneedling devices is divided into the following categories based on regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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Table of Contents with Major Points:
Executive Summary
- Introduction
- Key Findings
- Recommendations
- Definitions and Assumptions
Market Overview
- Definition of Microneedling Devices Market
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Trends and Developments
Key Insights
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Microneedling Devices Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
- Data Sources
- Abbreviations
- Disclaimer
TOC Continued…!
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