North America Rf Microneedling Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 47,930.33 Million |
Market Size (Forecast Year) |
USD 110,489.59 Million |
CAGR |
|
Major Markets Players |
North America Radiofrequency (RF) Microneedling Market, By Device Type (Device, RF Micro needle Sets), Gender Type (Male, Female), Application (Acne Scar, Fine Lines, Enlarged Pores, Wrinkles, Skin Tightening, Stretch Marks, Hyperpigmentation, Irregular Skin Texture and Tone, Face Lifting, Others), End User (Hospitals, Dermatology Clinics, Ambulatory Care Centers, Others), Distribution Channel (Direct Tender, Retail Sales ) – Industry Trends and Forecast to 2030.
North America Radiofrequency (RF) Microneedling Market Analysis and Size
Microneedling is known to make columns for healing in the skin. The technique is famous for inducing the growth factor for deriving the mechanism of natural recovery. It is being highly deployed as its effectiveness is similar to peeling.
Data Bridge Market Research analyzes that the radiofrequency (RF) microneedling market was valued at USD 47,930.33 million in 2022 and is expected to reach USD 110,489.59 million by 2030, registering a CAGR of 11.1% during the forecast period. “Skin Tightening” accounts for the largest application segment in the respective market due to the high demand for minimally aesthetic procedures among people. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2016-2020) |
Quantitative Units |
Revenue in USD Million, Pricing in USD |
Segments Covered |
By Device Type (Device, RF Micro needle Sets), Gender Type (Male, Female), Application (Acne Scar, Fine Lines, Enlarged Pores, Wrinkles, Skin Tightening, Stretch Marks, Hyperpigmentation, Irregular Skin Texture and Tone, Face Lifting, Others), End User (Hospitals, Dermatology Clinics, Ambulatory Care Centers, Others), Distribution Channel (Direct Tender, Retail Sales ) |
Countries Covered |
U.S., Canada, and Mexico |
Market Players Covered |
Cutera (U.S.), Aesthetics Biomedical (U.S.), Cartessa (U.S.), Veroderm Medical Technologies (U.S.), CANDELA CORPORATION (U.S.), Sincoheren Ltd (U.S.) |
Market Opportunities |
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Market Definition
RF micro needling (MNRF) is a minimally invasive aesthetic procedure that is also recognized as collagen induction therapy, conglomerates conventional micro-needling procedure professionally with the component of radio frequency energy. The RF micro needling conveys energy in to skin via small needles to produce tiny holes in the top of skin layer which triggers human body to create new elastin and collagen, causing constriction and tightening of the skin. The RF energy is delivered so deeply, it can produce faster results that are more dramatic.
North America Radiofrequency (RF) Microneedling Market Dynamics
Drivers
- Aesthetic consciousness
The rise in the aesthetic consciousness among consumers acts as one of the major factors driving the growth of radiofrequency (RF) microneedling market. The growing beauty standards especially among women across the globe have a positive impact on the market.
- Preference for minimally invasive procedures
The rise in inclination towards minimally invasive procedures among the population accelerate the market growth. The various advantages offered by minimally invasive techniques such as quick recovery and less hospital stay are attracting consumers that assist in the market growth.
- Geriatric population
The rise in the geriatric population further influence the market growth. The increase in the aged population is rising demand for at-home microneedling devices.
In addition, development in healthcare infrastructure, rise in awareness about the effectiveness of microneedling procedure and surge in disposable income positively affect the radiofrequency (RF) microneedling market.
Opportunity
- Advancements in the devices and technique
Furthermore, advancements in the devices and technique expected to obstruct market growth. Also, research and development activities will further expand the market.
Restraints/Challenges
- High cost of RF microneedling procedures and stringent regulation
On the other hand, high cost of RF microneedling procedures and stringent regulation for RF microneedling procedures are expected to obstruct market growth. Also, complex task along with the enforced monetary liability upon RF microneedling devices are projected to challenge the radiofrequency (RF) microneedling market in the forecast period of 2022-2029.
This radiofrequency (RF) microneedling market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market. To gain more info on radiofrequency (RF) microneedling market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In January 2020, Cartessa Aesthetics has formed a distribution agreement with ShenB, which is a manufacturing company specializing in aesthetic technologies and medical skin care treatments. This new agreements will helps Cartessa Aesthetics to expand its presence in the U.S. market with the expansion of it’s their product portfolio
- In April 2019, Lumenis had launched Pro+, a unique multi-application platform based on the RF current technology. With the launch of new RF microneedling platform the company is focusing on enhancement of their credibility in the market and increased their customer base to generate more revenue
North America Radiofrequency (RF) Microneedling Market Scope
The radiofrequency (RF) microneedling market is segmented on the basis device type, gender type, application, end user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Device Type
- Device
- RF Microneedle Sets
Gender Type
- Female
- Male
Application
- Acne Scar
- Wrinkles
- Skin Tightening
- Irregular Skin Texture and Tone
- Hyperpigmentation
- Fine Lines
- Enlarged Pores
- Stretch Marks
- Face Lifting And Others
End User
- Dermatology Clinics
- Hospitals
- Ambulatory Care Centers
- Others
Distribution Channel
- Direct Tender
- Retail Sales
North America Radiofrequency (RF) Microneedling Market Regional Analysis/Insights
The North America Radiofrequency (RF) Microneedling market is analyzed and market size insights and trends are provided by country, device type, gender type, application, end user, and distribution channel as referenced above.
The countries covered in the Radiofrequency (RF) Microneedling market report are U.S., Canada, and Mexico.
U.S. is expected to dominate the market due to rise in medical tourism and rise in Radiofrequency (RF) Microneedlings in North America region.
U.S. is the expected to show significant growth due to expansion of aesthetic clinics and medical spas offering a range of cosmetic procedures, including RF microneedling, increases accessibility is expected to propel the market growth.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs 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 sales channels are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The radiofrequency (RF) microneedling market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for radiofrequency (RF) microneedling market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the radiofrequency (RF) microneedling market. The data is available for historic period 2010-2020.
Competitive Landscape and North America Radiofrequency (RF) Microneedling Market Share Analysis
The radiofrequency (RF) microneedling 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 radiofrequency (RF) microneedling market.
Some of the major players operating in the radiofrequency (RF) microneedling market are
- Cutera (U.S.)
- Aesthetics Biomedical (U.S.)
- Cartessa (U.S.)
- Veroderm Medical Technologies (U.S.)
- CANDELA CORPORATION (U.S.)
- Sincoheren Ltd (U.S.)
SKU-
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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.
Customization Available
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