PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1120729
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1120729
Scalp Microneedling Market Market size was valued at USD 208.7 Mn in 2021, growing at a CAGR of 8.8% from 2022 to 2028
Dermatologists use small needles to puncture the skin during a technique called microneedling to encourage the synthesis of elastin and collagen. This helps to cure a variety of skin issues, including hair loss and the appearance of scars, fine lines, and wrinkles. An autoimmune condition called alopecia areata results in hair loss, frequently in clumps the size and shape of a quarter. Everybody experiences hair loss to a different degree. Some folks only occasionally lose it. Therefore, rising scalp microneedling device demand would be a key factor in the market's growth over the forecast period due to rising hair loss prevalence.
The need for scalp microneedling for the treatment of androgenetic alopecia (AGA) is anticipated to rise as the condition becomes more common. For instance, a study to examine the prevalence and kinds of AGA (androgenetic alopecia) among hospital employees and compare it with the general population in dermatology was published in September 2021, according to an article by Dove Press Ltd. AGA was reported to be prevalent in both male and female staff members at rates of 42.9 and 13.0 percent, respectively, while rates of 27.5 and 8.1 percent, respectively, were found in the general male and female population. Over the course of the forecast period, it is anticipated that the global scalp microneedling market will grow at a faster rate than average due to the rising prevalence of malnutrition. This is because inadequate nutrition can cause hair loss issues, which will increase demand for scalp microneedling devices to treat them. For instance, the World Health Organization's fact sheet from June 2021 states that malnutrition, in all of its manifestations, includes inadequate nutrition (wasting, stunting, and underweight), insufficient vitamins or minerals, overweight, obesity, and the ensuing non-communicable diseases associated with diet. The same source estimates that 149 million children under the age of five will be stunted (too short for their age), 45 million will be wasted (too short for their height), and 38.9 million will be overweight or obese globally in 2020.
The Global Scalp Microneedling Market is segmented on the basis of Product Type, Application, and Region.
The market is divided into three categories based on product type: Dermaroller, Dermapen, Derma-stamp. The Dermarollers segment dominates the global market with 59% market share. Devices like dermarollers have the potential to promote hair growth. These items prick the skin with tiny needles and may promote hair growth by boosting blood flow to the scalp. A convenient and economical at-home hair loss cure is derma rolling. The geriatric population is growing, consumers are becoming more aware of the benefits of using derma rollers on their skin and hair, and these factors are all contributing to the growth of the derma rollers market. Since derma rollers are readily available through online retailers and may be used at home by customers with a mix of useful skin serums, their use has recently become more widespread. Furthermore, it is anticipated that during the projection period, there will be tremendous opportunity for expansion of the derma rollers market demand in terms of value sales due to the rise in male preference for beauty items & technologies to improve their physical appearance.
The global market for Scalp Microneedling Market is made comprises of a number of both international and local producers, making it fairly competitive sectors in the world. Over the past ten years, there have been an increasing number of Scalp Microneedling Maket businesses, and investment has increased in recent years. In June 2021, Eclipse, a leading aesthetic and medical manufacturer, received FDA clearance of their latest medical-grade microneedling device, the MicroPen EVO.
The scope of this report covers the market by its major segments, which include as follows: