About Microneedling Cartridges
Microneedling is also known as collagen induction therapy, is a minimally invasive procedure that is safer to use on all skin type diseases. Microneedling will rejuvenate the skin and also reduce acne scars, stretch marks, skin laxity, pigment, line and wrinkles, sun damage, hair loss, and other problems related to dermatology. Microneedling cartridges stimulate the natural healing of the body which results in healthy and glowing skin. The small tiny needles perforate the skin only for an instant.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Microneedling Cartridges market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mt Derm GmbH (Germany), Bomtech Electronics (South Korea), Emcure Pharmaceuticals Limited (India), Bellus Medical (United States), Induction Therapies (United States), Refine USA (United States), The HydraFacial Company (United States), Bellaire Industry (United States) and Salient Medical Solution (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Beijing JAMI Tech Ltd. (China) and GBS International Holding (China).
Segmentation Overview
AMA Research has segmented the market of Global Microneedling Cartridges market by and Region.
On the basis of geography, the market of Microneedling Cartridges has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Number of Needle, the sub-segment i.e. 1-6 microneedle will boost the Microneedling Cartridges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Microneedling Cartridges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel will boost the Microneedling Cartridges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Microneedling Cartridges market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements and Development in the field of Microneedling Cartridges
Market Growth Drivers:
Rising in Number of Microneedling Treatment across the Globe and Low Cost of the Procedure for Microneedling cartridges also Enhance the Growth of Market
Challenges:
Lack of Awareness among Healthcare Professionals in Developing Countries
Restraints:
Lack of Certified Standard Methods is a Significant Challenge to Ensure the Treatment
Opportunities:
Increase in Investment in Research and Development by Various Manufacturers Creates Opportunity for Market
Market Leaders and their expansionary development strategies
In June 2021, Eclipse, a leading aesthetic and medical manufacturer, has announced FDA clearance of their latest medical-grade microneedling device, the MicroPen EVO. Successfully launched last year in Canada, the MicroPen EVO is now available to dermatology and aesthetic practices in the United States. Microneedling is a procedure that uses small needles to create controlled injuries to the skin, promoting natural increases of collagen for the improvement of facial acne scarring.
In September 2022, Dermalogica has launched First Professional Device ProPen is a nano- and microneedling device. Dermalogica is entering the device space with a product that looks to capitalize on its heritage in skin treatments and make professional level treatments more accessible. The ProPen is a nano- and microneedling tool that comes with four cartridges offering different levels of penetration and precision.
Key Target Audience
Microneedling Cartridges Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.