Micro-Needling Unit Market Growth Report and Size by 2031
The Micro-Needling Unit Market is expected to register a CAGR of 7.7% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Manual Type, Automatic Type). The report is segmented by Application (Commercial Use, Household Use). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Micro-Needling Unit Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Micro-Needling Unit Market Segmentation
Type- Manual Type
- Automatic Type
- Commercial Use
- Household Use
Strategic Insights
Micro-Needling Unit Market Growth Drivers- A Rapid Increase in Interest for Non-Surgical Aesthetic Procedures: The microneedling unit market is one that enjoys differentiation by changing the preferences of consumers increasingly toward non-invasive and non-surgical aesthetic procedures. With growing awareness about the benefits of aesthetic procedures, consumers all over the world are moving toward microneedling treatments, which are effective yet require none to very little downtime. Less invasive than cosmetic surgeries, microneedling seems to be able to work on the fine lines, acne scars, and uneven texture of the skin without affecting the natural look and features of the face. Advances in technology, the recognition of new professional microneedling devices, and home kits all seem to offer a great and realistic approach to very successful application techniques for even everyday use.
- Technological Edge for Microneedling Devices: Such technological advancements have completely transformed the safety and effectiveness of treatments with respect to microneedling devices. Automated, motorized, and adjustable-pene microneedling pens are the major breakthroughs for the industry, enabling extremely precise and controlled treatments by the health professional. Besides that, such devices could allow adjusting the depth of needles, therefore, customizing treatments according to individual patient requirements. Fractional radiofrequency microneedling units such as other advanced instruments provide more dramatic improvement results because they combine radiofrequency energy with microneedling into skin rejuvenation and tightening. Newer, advanced devices are coming into the market and making it more demanding in aspects of application.
- A Growing Focus on Anti-Aging Solutions: As the world's population continues to grow older, the number of people looking for solutions to stop or delay aging increases. One treatment that has gained popularity among patients trying to erase some of the tell-tale signs of aging-including wrinkles, fine lines, and sagging skin-is microneedling. This treatment works by inducing collagen production, which promotes elasticity and firmness, giving the skin an overall smooth and younger-looking appearance. People of all age groups nowadays do not want to continue to undergo surgeries that can be reserved for the most extreme of cases. Hence, also drawing the population towards microneedling is the growing tendency of people to want their skins to be youthful and fresh without resorting to invasive surgery. This rise in anti-aging solutions is what further facilitates the growth of the microneedling unit market.
- Microneedling and Combined Aesthetic Treatments: Microneedling has more and more become a procedure that has been combined with other aesthetic treatments to add benefit potential. Incorporation between microneedling and PRP therapy seems to be a big hit. After microneedling, PRP will be applied to the skin to boost collagen production and heal faster. This addition is popularly known as the "vampire facial" and is becoming increasingly popular with even celebrities and the general public. By combining microneedling with other technologies like lasers or radiofrequency, practitioners now have a more comprehensive solution to skin rejuvenation, thus creating demand for more advanced microneedling units.
- Microneedling Devices for Home Use: It is true that professional use is the most important segment of this market, but the development of home use devices is probably one of the biggest progressive trends in this market. Many people continue to seek cheaper and institutionally accessible alternatives to professional shaping devices in order for them to maintain their beauty routine at home. Microneedling devices for home use are just that kind of impressive thing. They are designed in a manner that makes personal use safe, with even more user-friendly features, less needle length, and guidelines to avoid any injury. The acceptance of at-home care is increasing due to social and other influencer endorsements, contributing to the segment's growth.
- Focus on Safety and Minimal Downtime: Yet another trend in microneedling concern has been around patient safety and minimal to no downtime. New machines come equipped with finer needles and automated systems ensuring much more controlled and precise treatments in delivering the minimum possible discomfort and, hence after-care time. Such developments are going to be very attractive to the person who will want to get very effective treatments but at the same time will not want to spend time indoors.
- The Medical Aesthetic Industry Growth: The medical aesthetic field undergoes accelerated growth as a growing number of people resort to minimally invasive treatments for a youthful look. Microneedling is perfectly natural in this line since it provides successful skin rejuvenation without much risk and time out for recovery. Microneedling units would be available for marketers into this developing industry, that is, dermatologists including beauty professionals who want to diversify their treatments. Such partnerships with dermatology offices, spas, and cosmetic surgeons would pave the way for an incredible revenue opportunity.
- Innovative and Multifunctional Device Developments: Discipline in the technology will allow the exploration of the development of combined applications of microneedling with other modalities within the integrated effective microneedling device. For example, microneedling might be combined with LED therapy, RF, or even ultrasound, which would better address some of the very difficult conditions that the skin is exposed to. The magnified market presence of multifunctional devices could be a benefit to the companies to provide a one: stop solution to the professionals and consumers.
- Personalized Skin Treatment Demand Growth: More and more people are demanding skin treatments that are more personal, where they will answer their specific need or concern. Today, with microneedling technology, treatments can be tailored to the patient's condition, such as skin type or age or the specific issue of concern. Thus, customizing treatments will be an increased opportunity for doctors and manufacturers. Furnishing individualized service and devices allowing for seeking greater precision and control over parameter settings would fulfill a growing demand for customized skin care solutions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Micro-Needling Unit Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Micro-Needling Unit Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Players operating in the market are Lumenis, Cutera, Cynosure, EndyMed Medical Ltd, Candela Medical, Environ Skin Care, Eclipse Med Global, Derma Quip, Lutronic, Dermaroller GmbH
Commercial Use segment, by end user, dominated the market in 2023.
North America region dominated the Micro-Needling Unit market in 2023.
Medical Aesthetic Industry Growth act as a opportunity for growth of the market in forecast period.
The Micro-Needling Unit Market is estimated to witness a CAGR of 7.7% from 202#to 2031
The major factors driving the Micro-Needling Unit Market are:
1. Rapid Increase in Interest for Non-Surgical Aesthetic Procedures
2. Technological Edge for Microneedling Devices
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Micro-Needling Unit Market - By Type
1.3.2 Micro-Needling Unit Market - By Application
1.3.3 Micro-Needling Unit Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MICRO-NEEDLING UNIT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MICRO-NEEDLING UNIT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MICRO-NEEDLING UNIT MARKET - GLOBAL MARKET ANALYSIS
6.1. MICRO-NEEDLING UNIT - GLOBAL MARKET OVERVIEW
6.2. MICRO-NEEDLING UNIT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MICRO-NEEDLING UNIT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MANUAL TYPE
7.3.1. Overview
7.3.2. Manual Type Market Forecast and Analysis
7.4. AUTOMATIC TYPE
7.4.1. Overview
7.4.2. Automatic Type Market Forecast and Analysis
8. MICRO-NEEDLING UNIT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL USE
8.3.1. Overview
8.3.2. Commercial Use Market Forecast and Analysis
8.4. HOUSEHOLD USE
8.4.1. Overview
8.4.2. Household Use Market Forecast and Analysis
9. MICRO-NEEDLING UNIT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Micro-Needling Unit Market Overview
9.1.2 North America Micro-Needling Unit Market Forecasts and Analysis
9.1.3 North America Micro-Needling Unit Market Forecasts and Analysis - By Type
9.1.4 North America Micro-Needling Unit Market Forecasts and Analysis - By Application
9.1.5 North America Micro-Needling Unit Market Forecasts and Analysis - By Countries
9.1.5.1 United States Micro-Needling Unit Market
9.1.5.1.1 United States Micro-Needling Unit Market by Type
9.1.5.1.2 United States Micro-Needling Unit Market by Application
9.1.5.2 Canada Micro-Needling Unit Market
9.1.5.2.1 Canada Micro-Needling Unit Market by Type
9.1.5.2.2 Canada Micro-Needling Unit Market by Application
9.1.5.3 Mexico Micro-Needling Unit Market
9.1.5.3.1 Mexico Micro-Needling Unit Market by Type
9.1.5.3.2 Mexico Micro-Needling Unit Market by Application
9.2. EUROPE
9.2.1 Europe Micro-Needling Unit Market Overview
9.2.2 Europe Micro-Needling Unit Market Forecasts and Analysis
9.2.3 Europe Micro-Needling Unit Market Forecasts and Analysis - By Type
9.2.4 Europe Micro-Needling Unit Market Forecasts and Analysis - By Application
9.2.5 Europe Micro-Needling Unit Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Micro-Needling Unit Market
9.2.5.1.1 Germany Micro-Needling Unit Market by Type
9.2.5.1.2 Germany Micro-Needling Unit Market by Application
9.2.5.2 France Micro-Needling Unit Market
9.2.5.2.1 France Micro-Needling Unit Market by Type
9.2.5.2.2 France Micro-Needling Unit Market by Application
9.2.5.3 Italy Micro-Needling Unit Market
9.2.5.3.1 Italy Micro-Needling Unit Market by Type
9.2.5.3.2 Italy Micro-Needling Unit Market by Application
9.2.5.4 Spain Micro-Needling Unit Market
9.2.5.4.1 Spain Micro-Needling Unit Market by Type
9.2.5.4.2 Spain Micro-Needling Unit Market by Application
9.2.5.5 United Kingdom Micro-Needling Unit Market
9.2.5.5.1 United Kingdom Micro-Needling Unit Market by Type
9.2.5.5.2 United Kingdom Micro-Needling Unit Market by Application
9.2.5.6 Rest of Europe Micro-Needling Unit Market
9.2.5.6.1 Rest of Europe Micro-Needling Unit Market by Type
9.2.5.6.2 Rest of Europe Micro-Needling Unit Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Micro-Needling Unit Market Overview
9.3.2 Asia-Pacific Micro-Needling Unit Market Forecasts and Analysis
9.3.3 Asia-Pacific Micro-Needling Unit Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Micro-Needling Unit Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Micro-Needling Unit Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Micro-Needling Unit Market
9.3.5.1.1 Australia Micro-Needling Unit Market by Type
9.3.5.1.2 Australia Micro-Needling Unit Market by Application
9.3.5.2 China Micro-Needling Unit Market
9.3.5.2.1 China Micro-Needling Unit Market by Type
9.3.5.2.2 China Micro-Needling Unit Market by Application
9.3.5.3 India Micro-Needling Unit Market
9.3.5.3.1 India Micro-Needling Unit Market by Type
9.3.5.3.2 India Micro-Needling Unit Market by Application
9.3.5.4 Japan Micro-Needling Unit Market
9.3.5.4.1 Japan Micro-Needling Unit Market by Type
9.3.5.4.2 Japan Micro-Needling Unit Market by Application
9.3.5.5 South Korea Micro-Needling Unit Market
9.3.5.5.1 South Korea Micro-Needling Unit Market by Type
9.3.5.5.2 South Korea Micro-Needling Unit Market by Application
9.3.5.6 Rest of Asia-Pacific Micro-Needling Unit Market
9.3.5.6.1 Rest of Asia-Pacific Micro-Needling Unit Market by Type
9.3.5.6.2 Rest of Asia-Pacific Micro-Needling Unit Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Micro-Needling Unit Market Overview
9.4.2 Middle East and Africa Micro-Needling Unit Market Forecasts and Analysis
9.4.3 Middle East and Africa Micro-Needling Unit Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Micro-Needling Unit Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Micro-Needling Unit Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Micro-Needling Unit Market
9.4.5.1.1 South Africa Micro-Needling Unit Market by Type
9.4.5.1.2 South Africa Micro-Needling Unit Market by Application
9.4.5.2 Saudi Arabia Micro-Needling Unit Market
9.4.5.2.1 Saudi Arabia Micro-Needling Unit Market by Type
9.4.5.2.2 Saudi Arabia Micro-Needling Unit Market by Application
9.4.5.3 U.A.E Micro-Needling Unit Market
9.4.5.3.1 U.A.E Micro-Needling Unit Market by Type
9.4.5.3.2 U.A.E Micro-Needling Unit Market by Application
9.4.5.4 Rest of Middle East and Africa Micro-Needling Unit Market
9.4.5.4.1 Rest of Middle East and Africa Micro-Needling Unit Market by Type
9.4.5.4.2 Rest of Middle East and Africa Micro-Needling Unit Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Micro-Needling Unit Market Overview
9.5.2 South and Central America Micro-Needling Unit Market Forecasts and Analysis
9.5.3 South and Central America Micro-Needling Unit Market Forecasts and Analysis - By Type
9.5.4 South and Central America Micro-Needling Unit Market Forecasts and Analysis - By Application
9.5.5 South and Central America Micro-Needling Unit Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Micro-Needling Unit Market
9.5.5.1.1 Brazil Micro-Needling Unit Market by Type
9.5.5.1.2 Brazil Micro-Needling Unit Market by Application
9.5.5.2 Argentina Micro-Needling Unit Market
9.5.5.2.1 Argentina Micro-Needling Unit Market by Type
9.5.5.2.2 Argentina Micro-Needling Unit Market by Application
9.5.5.3 Rest of South and Central America Micro-Needling Unit Market
9.5.5.3.1 Rest of South and Central America Micro-Needling Unit Market by Type
9.5.5.3.2 Rest of South and Central America Micro-Needling Unit Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MICRO-NEEDLING UNIT MARKET, KEY COMPANY PROFILES
11.1. EDGE SYSTEMS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DERMAPEN
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MCURE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. WEYERGANS HIGH CARE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. BOMTECH ELECTRONICS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ECLIPSE AESTHETICS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.EDGE SYSTEMS
2.DERMAPEN
3.MCURE
4.WEYERGANS HIGH CARE
5.BOMTECH ELECTRONICS
6.ECLIPSE AESTHETICS
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For