Microneedling Market Set to Witness an Uptick during 2021 to 2028Posted by Mrudula Anil Karmarkar on October 17th, 2023 San Francisco, 17 October 2023: The ReportMicroneedling MarketSize, Share & Trends Analysis Report By Needle Material (Silicon, Metal), By Product (Dermarollers, Dermapen), By Type (Laser, RF), By Application, By Region, And Segment Forecasts, 2021 - 2028 The global microneedling market size is expected to reach USD 992.49 million by 2028, registering a CAGR of 7.9% over the forecast period, according to a new report by Grand View Research, Inc. It is a minimally invasive aesthetic procedure that involves superficial and controlled puncturing (micro-puncturing) to the skin by using a rolling device embedded with small fine needles made of either metal or silicon and is performed under local anesthesia. According to NCBI, it was initially introduced for skin rejuvenation; however, recently it has been used for treating skin conditions like acne scar, post-traumatic burn, alopecia, stretch marks, hyperpigmentation, etc. due to the proven effectiveness of the treatment. 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. 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. Rising aesthetic consciousness among consumers, increasing geriatric population, awareness about the effectiveness of microneedling procedures, and availability of at-home microneedling devices are expected to boost the market growth. Microneedling, as stated by the American Academy of Dermatological Association, is a minimally invasive procedure that involves the superficial micro puncturing of the epidermis using a dermapen or a roller that is embedded with thin, miniature metal or silicon needles. The main aim of the technique is to induce peripheral trauma on the skin to trigger the skin’s repair mechanisms and boost underlying collagen production. Request sample report of Microneedling Market@https://www.grandviewresearch.com/industry-analysis/microneedling-market-report/request/rs1 Dermatologists use sterile needles that deeply puncture the skin to treat varied skin conditions like wrinkles, scars, and cellulite. As stated by the NCBI, microneedling is a relatively new minimally invasive procedure that has gained tremendous popularity in a very short period of time due to its effectiveness, successful client testimonials, and low costs as compared to other skin rejuvenation treatments. The average in-office cost of microneedling treatment is around USD 425, which is quite low as compared to laser rejuvenation which ranges from around USD 700 to USD 1,200. A study carried out by NCBI in 2018, to examine the safety and effectiveness of automated microneedling devices, reported that microneedling treatments of the face, significantly improve wrinkles, lines, and skin laxity & texture, after 90 and 150 days of the first treatment with minimal pain, discomfort, and downtime. Controlled micro-punctures are created leading to minimal superficial bleeding that sets up a wound healing cascade with the release of various growth factors, such as platelet-derived growth factors. Microneedling Market Report Highlights
According to Medical News Today, microneedling also assists in greater absorption of topical skincare products by the cells that include vitamins, retinoids, etc., which further assists in effective facial rejuvenation. It is also an efficient technique to reduce wrinkle appearance and get firm skin, as it induces collagen. Rising cases of skin disorders like skin damage and pigmentation are expected to boost the market growth. According to the American Society for Dermatologic Surgery, sun damage is a top condition treated within the laser/light/energy-based devices, which increased by 14% year-over-year and up 22% from 2017 to 2020. Microneedling Market Report Scope
The COVID-19 pandemic adversely affected the overall aesthetics market in the first and second quarters of 2020. Many dermatology clinics and services were halted due to their elective nature and severely affected the operations of many aesthetic clinics due to the reduced patient footfall. However, many dermatologists believe that COVID-19 may act as a springboard that will drastically increase patient footfall post-pandemic. For instance, according to the American Society of Plastic Surgeons, the pandemic led to an increase in the acceptance of cosmetic procedures. The association’s survey of more than 1,000 women reported that 11% of the women are now more inclined and interested in nonsurgical procedures than before COVID-19. List of Key Players of Microneedling Market
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