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Global Micro Needling Unit Market
Market Size in USD Billion
CAGR :
%
523.94
806.52
2020
2028
Forecast Period
2021 –2028
Market Size(Base Year)
USD
523.94
Market Size (Forecast Year)
USD
806.52
CAGR
9.49
%
Major Markets Players
Refine USA
CRL DIAGNOSTICS PVT. LTD.
Aesthetic Group
Hunan Astiland Medical Aesthetics Technology Co.Ltd.
MBE Medical Division
Global Micro-Needling Unit Market, By Product Type (Manual Type, Automatic Type), Application (Commercial Use and Household Use), Sales Channel (Direct Channel and Distribution Channel), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Global Micro-Needling Unit Market
Micro-needling unit market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 70.73 billion by 2028 growing at a CAGR of 7.75% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits associated with the usage of micro-needling unit has been directly impacting the growth of micro-needling unit market.
Micro-needling is a safe, slow-acting therapeutic procedure associated with chemical treatment, laser or IPL skin treatment. The process of micro-needling is also known as collagen induction therapy. Microneeding treatment involves wrapping a small tool covered with hundreds of small needles on the skin. These tiny needles penetrate the skin and trigger an immune response, which increases the production of collagen and elastin. Small-scale devices need to be used to lift, firm, and rejuvenate the skin of all ages. Micro-needling is a fashionable cosmetic procedure that can use a wide variety of indicators. Micro-needling devices are used to improve the appearance of fine lines, acne surgery or traumatic scars, stretch marks, pigmentation, wrinkles and many other skin-related problems. It is usually performed in plastic surgery centers. Micro-needling devices help activate cell phone regeneration.
Increasing incidences of skin ailments and disorders are a driving factor for the micro-needling unit market. Increasing health expenditure among the population regarding expensive cosmetic treatments and surgeries is also a driving factor for the micro-needling unit market. Increasing awareness about aesthetic and cosmetic treatments among the masses resulting in higher demand for cosmetic treatments such as micro-needling procedures is also expected to drive the market. A number of health conditions such as acne, psoriasis, wrinkles, vascular lesions and hair loss and other skin diseases leading to an increased demand for cosmetic surgeries like the micro-needling unit are resulting as an opportunity for the micro-needling unit market.
Reimbursement issues are a challenging factor for the micro-needling unit market. However, expensive treatments and strict regulatory policies is a restraint in the growth of the micro-needling unit market across the globe in the forecast period of 2021- 2028.
This micro-needling unit market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research micro-needling unit market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Micro-Needling Unit Market Scope and Market Size
Micro-needling unit market is segmented on the basis of product type, application and sales channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product type, the micro-needling unit market is segmented into manual type, automatic type.
Based on application, the micro-needling unit market is segmented into commercial use and household use.
Micro-needling unit market is also segmented on the basis of sales channel into direct channel and distribution channel.
Micro-Needling Unit Market Country Level Analysis
Micro-needling unit market is analysed and market size insights and trends are provided by country, product type, application and sales channel as referenced above.
The countries covered in the micro-needling unit market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the micro-needling unit market due to conditions such as skin pigmentation issues, alopecia, rosacea, loose skin, scarring, wrinkles, acne, and stretch marks are witnessed among sizeable population, resulting in an increased demand for cosmetic treatments such as micro-needling. Europe region is projected to witness a robust growth by the end 2024 due to skin rejuvenation treatments consisting of micro-needling to help reduce skin pigmentation and imperfection reducing signs of sunburn, aging, and other skin disorders are expected to boost the growth of micro-needling unit market in Europe region.
The country section of the micro-needling unit market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Micro-needling unit market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for micro-needling unit market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the micro-needling unit market. The data is available for historic period 2010 to 2019.
Competitive Landscape andMicro-Needling Unit MarketShare Analysis
Micro-needling unit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to micro-needling unit market.
The major players covered in the micro-needling unit market report are Refine USA, CRL DIAGNOSTICS PVT. LTD., Aesthetic Group, Hunan Astiland Medical Aesthetics Technology Co., Ltd., MBE Medical Division, Guangzhou Beautylife Electronic Technology Co., Ltd., UMH., Eclipse, BOMTECH ELECTRONICS CO., Ltd., Weyergans High Care AG, Mcure, Dermapen, Edge Systems, Modern Aesthetics., Modern Aesthetics., NC Medical Systems., Deviceinformed, Biowave Health Care, Prince Overseas., Candela Medical among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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