RF Microneedling market Research Report, by Device Type (Derma-Stamp, Dermapen, Dermarollers), Needle Material (Silicon Microneedle, Metal Microneedle), and Application (Skin Rejuvenation, Acne Scar, Traumatic & Surgical Scars) — Global Forecast till 2027
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Market Scenario
The global RF Microneedling market is expected to register a CAGR of ~8.2 % during the forecast period of 2018 to 2023.
RF microneedling also known as radiofrequency microneedling, or fractional radiofrequency focusses its energy into the most vital part of the skin that is accountable for the textural irregularities and skin’s firmness and elasticity. The RF microneedling is preferred over traditional microneedling as it takes skin rejuvenation to the next level by delivering RF energy deep into the dermis further enhancing skin tightening and scar reduction. The RF energy heats the underlying layers, triggering tightening and constriction of the skin, as well as the stimulation of collagen and elastin production. Since the RF energy is distributed so deeply, it produces faster, more dramatic results.
Segmentation
The global RF Microneedling is segmented based on needle material, device type, application, end user, and region.
On the basis of device type, the market is segmented into derma-stamp, dermapen, dermarollers. Further, on the basis of needle material, the market is segmented into silicon microneedle, metal microneedle, glass hollow microneedle. Further, application is segmented into skin rejuvenation, acne scar, traumatic & surgical scars, and others.
Regional Analysis
The global RF Microneedling Market is segmented into four regions, namely, the Americas, Europe, Asia-Pacific, and the Middle East and Africa, with Americas holding the largest market share followed by Europe. Asia-Pacific is expected to be the fastest growing market while the Middle East & Africa exhibit steady and growth during the forecast period.
In the Americas, North America accounted for the largest market owing to the flourishing growth of the skin care industry and concentration of key players in the market. Additionally, increasing demand for a technologically advanced device for dermatology procedures and an increasing number of minimally invasive and non-invasive cosmetic procedures in the US and Canada also determine the market growth. Furthermore, increasing per capita income of people also influences the growth of the market. South America also exhibits growth in the RF microneedling market owing to rising importance about skin care among the youth and the increasing number of cosmetic procedures.
According to the American Society of Plastic Surgeons, the number of dermabrasion cosmetic procedures have increased from 42,218 in 2000 to 88,182 in 2016 with a 109% increase during this period.
Key players
Some of the key players in the global RF Microneedling are Stryker, Eclipse Aesthetics, DermaQuip, MDPen, Dermapen World, Bellus Medical, Osada, Inc, George Tiemann & Co, Delasco, MicroAire Surgical Instruments, CONMED Corporation, and Medtronic.
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