Market Overview:
The global cosmetic microneedle devices market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive procedures and rising awareness about the benefits of using cosmetic microneedle devices. Based on type, the global cosmetic microneedle devices market can be segmented into handhold and trolley mounted devices. The handhold device segment is expected to account for a larger share of the global market than the trolley mounted device segment during the forecast period. This can be attributed to factors such as ease of use and portability of handhold devices. Based on application, the global cosmetic microneedle devices market can be divided into beauty center, home, and others (including hospitals/clinics). The beauty center segment is anticipated to hold a larger share of this market during 2018-2030 owing to an increase in demand for minimally invasive procedures among consumers across regions.
Product Definition:
A cosmetic microneedle device is a medical device that is used to pierce the skin in order to deliver a cosmetic treatment. Cosmetic microneedle devices are important because they can be used to deliver a variety of treatments, including skincare products, anti-aging treatments, and hair growth treatments.
Handhold:
Handheld devices are used for microneedling and dermarolling. Microneedle devices have been extensively used in the treatment of diabetic macular edema, but recently they have gained popularity in aesthetic procedures as well. The growth factor that propels the market is increasing demand from developing countries such as India, China, Vietnam and South Korea where cosmetic procedures are gaining significant acceptance due to growing consciousness about physical appearance among individuals.
Trolley Mounted:
Trolley mounted devices are used for dispensing small quantities of liquids and creams from a container. It is also used in cosmetic microneedle devices to dispense the liquid into individual micro-pores of skin. Trolley mounted device has advantages such as it’s easy to use, clean & maintain and can be operated by one person which makes it cost effective as compared to other equipment available in the market.
Application Insights:
The beauty center segment accounted for the largest share in 2015 owing to increasing demand for microneedles grooming products and services. The home application is expected to be the fastest-growing segment over the forecast period due to rising demand from consumers. Microneedle pens are used at home as they offer convenience, efficiency, and a clean aesthetic compared with traditional depilatory methods such as waxing or electrolysis.
Cosmetic manufacturers are focusing on new product development that can cater different needs of consumers. For instance, in January 2017 L'Orĩal launched a new product named Dermalpens which uses micro Needle Technology for painless hair removal at home without any burns or scars. These technological advancements coupled with growing consumer awareness about personal grooming is expected to drive growth over the forecast period (2017-2030).
Other applications include medical aesthetics.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and awareness about aesthetic appeal. Moreover, increasing demand for minimally invasive procedures is also expected to drive regional growth over the forecast period. Asia Pacific is anticipated to witness lucrative growth during the forecast period due to rising disposable income and improving healthcare facilities in emerging countries such as China and India. Furthermore, an increase in aging population will boost product demand further.
The key players operating within this industry are L'Or©al SA; Shiseido Group; Beiersdorf AG & Co.; Kose Corp.; Unilever Plc; Procter & Gamble Co.
Growth Factors:
- Increasing demand for minimally invasive cosmetic procedures
- Rising awareness about the benefits of microneedle devices
- Growing number of manufacturers entering the market
- Technological advancements in microneedle devices
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Cosmetic Microneedle Devices Market Research Report
By Type
Handhold, Trolley Mounted
By Application
Beauty Center, Home, Others
By Companies
Candela, SkinPen, Bomtech, Dermapen, DJM Medical Instrument GmbH, JEISYS Medical, Mcure, Aesthetic Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Cosmetic Microneedle Devices Market Report Segments:
The global Cosmetic Microneedle Devices market is segmented on the basis of:
Types
Handhold, Trolley Mounted
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beauty Center, Home, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Candela
- SkinPen
- Bomtech
- Dermapen
- DJM Medical Instrument GmbH
- JEISYS Medical
- Mcure
- Aesthetic Group
Highlights of The Cosmetic Microneedle Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handhold
- Trolley Mounted
- By Application:
- Beauty Center
- Home
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cosmetic Microneedle Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cosmetic microneedles are devices that use tiny needles to inject small amounts of a cosmetic product into the skin. They are used to apply products such as foundation, blush, and mascara.
Some of the major companies in the cosmetic microneedle devices market are Candela, SkinPen, Bomtech, Dermapen, DJM Medical Instrument GmbH, JEISYS Medical, Mcure, Aesthetic Group.
The cosmetic microneedle devices market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cosmetic Microneedle Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cosmetic Microneedle Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cosmetic Microneedle Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cosmetic Microneedle Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cosmetic Microneedle Devices Market Size & Forecast, 2020-2028
4.5.1 Cosmetic Microneedle Devices Market Size and Y-o-Y Growth
4.5.2 Cosmetic Microneedle Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Handhold
5.2.2 Trolley Mounted
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Beauty Center
6.2.2 Home
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cosmetic Microneedle Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cosmetic Microneedle Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Handhold
9.6.2 Trolley Mounted
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Beauty Center
9.10.2 Home
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Handhold
10.6.2 Trolley Mounted
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Beauty Center
10.10.2 Home
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Handhold
11.6.2 Trolley Mounted
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Beauty Center
11.10.2 Home
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Handhold
12.6.2 Trolley Mounted
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Beauty Center
12.10.2 Home
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Handhold
13.6.2 Trolley Mounted
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Beauty Center
13.10.2 Home
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cosmetic Microneedle Devices Market: Competitive Dashboard
14.2 Global Cosmetic Microneedle Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Candela
14.3.2 SkinPen
14.3.3 Bomtech
14.3.4 Dermapen
14.3.5 DJM Medical Instrument GmbH
14.3.6 JEISYS Medical
14.3.7 Mcure
14.3.8 Aesthetic Group
