RF microneedling Market Overview
The RF microneedling Market is projected to reach USD 493.74 million by 2030 at 7.10% CAGR during the forecast period 2022-2030.
RF microneedling can be understood as a minimally invasive aesthetic procedure which is also recognized as collagen induction therapy. The conglomerates conventional micro-needling procedure professionally is used with the components of radio frequency energy. The RF micro needling market functions convey energy into skin via small needles to produce tiny holes in the top of skin layer. These holes trigger the human body to create new elastin and collagen which is further recognized for causing constriction and tightening of the skin. The RF energy is delivered at such a dee degree that it can produce faster results that are more dramatic.
COVID 19 Analysis of RF microneedling Market
The outbreak of the novel coronavirus disease followed by its emergence in the form of a global pandemic is taking a toll on the lives of the people and the functioning of various markets especially in the forecast period that has followed the pandemic year of 2020. The ongoing forecast period of 2021-2028 is showing that the market is facing the adversity that has been introduced by the pandemic and is not likely to be leaving anytime soon. This is hampering the ability of the market players to produce and cater to the rising demands of the target audience that is spread in various locations across the global market premises. The spread of the infection at such a huge range is rising concerns and making people question their immunity along with the quality of the healthcare infrastructure in the global RF microneedling market premises and the quality of services that is being rendered to them by the global governments. Also, the governments are understanding the need to curb the spread of the pandemic and hence, they are taking strict measures and decisions that will help in safeguarding the health of people and reduce the fatality rate of deaths that is attached to the spread of the pandemic spread during the forecast period.
However, the government is understanding the major requirement to turn to normalcy and hence, they are lifting the restrictions and lockdown imposition. This is giving the much-needed window to the market players to attain revenue that will lead the RF microneedling market towards predicted growth during the forecast period that will be ending in 2028.
The RF microneedling market share is witnessing the rise of prominent market factors such as the increasing prevalence of skin diseases such as actinic keratosis and acne that are likely to help the market grow at an excellent market rate during the forecast period that will be ending in 2028. Also, the dermabrasion and microneedling market trends show that there is an increasing demand for outpatient and minimally invasive dermabrasion procedures are driving the growth of the RF microneedling market during the forecast period will be ending in 2028.
Whereas, the global RF microneedling market is also witnessing the rise of factors such as high procedural cost and sophistication and training associated with aesthetic procedures. If these continue to grow and gain large market momentum, they possess the ability to hinder the growth of the RF microneedling market based on the predictions that have been laid for the ongoing forecast period of 2021-2028 by the business experts and chiefs.
Radiofrequency (RF) energy has infrequently been linked with radio waves since both arise at a similar frequency. Though, RF can be understood as fundamentally electrical energy. RF technologies are recognized for their use to deliver this electrical energy into the skin, heating the targeted body part. RF microneedling measures are used in an array of services like skin tightening, better-quality skin texture, wrinkle reduction, pore minimization, scar reduction, alongside the others like scar reduction, improved skin brightness, improved skin tone, skin rejuvenation amongst others.
Global RF Microneedling Share (%), by Region, 2017
Sources: Centers for Disease Control and Prevention, the US Census Bureau, Kodiak Island Borough School District, Annual Reports, Press Release, White Paper, and Company Presentation
The RF microneedling market analysis shows that the market will witness major market growth owing to the performance that has been recorded by the market segments that are stated as follows:
Based on the Device Type
The RF microneedling market has been segmented on the device type and includes Derma-stamp, Dermapen, and others like Dermarollers.
Based on the Needle Material
The RF microneedling market has been segmented and includes materials like Silicon Microneedle, Metal Microneedle, and others like Glass Hollow Microneedle.
Based on the market Application
The RF microneedling market segment of application includes Skin Rejuvenation, Acne Scar, Traumatic and Surgical Scars, amongst others.
Based on the market End-User
The RF microneedling market has been segmented based on the end-users and includes hospitals, and cosmetic Clinics, amongst others.
The RF microneedling market has further been segmented based on the geographical regions and includes the functioning in the global regions like Americas, Europe, Asia-Pacific, and the Middle East and Africa. Globally, the North American region has been captured to emerge as the largest RF microneedling market share during the forecast period. The American region’s growth is a result of the increasing demand for skin resurfacing rejuvenating procedures in the US market alongside the increasing demand for non-invasive procedures for skin problems especially among the women population such as acne vulgaris. Chemical peeling sessions and dermabrasion are commonly used methods for treating skin problems in the US.
The Asia-Pacific region is showing excellent emergence of trends that are projected to be the fastest-growing region, during the forecast period.
The RF microneedling market has been growing because of the splendid performance that has been recorded by the following market players:
The RF microneedling market report has been curated to help the intended audience and potential market investors understand the functioning of the market and related trends that will either help the market to grow or give birth to restraints that will challenge the growth patterns for the forecast period that will be ending in 2028. The RF microneedling market report discusses the impact of the changes that have been introduced by the pandemic on market operations.
|Market Size||USD 493.74 million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Needle Material, Device Type, Application, End User, And Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Stryker, Eclipse Aesthetics, DermaQuip, MDPen, Dermapen World, Bellus Medical, Osada, Inc, George Tiemann & Co, Delasco, MicroAire Surgical Instruments, CONMED Corporation, and Medtronic.|
|Key Market Opportunities||Increasing number of cosmetic procedures|
|Key Market Drivers||
RF microneedling market is projected to grow at an 7.10% CAGR between 2022-2030.
The Americas is expected to lead RF microneedling market.
Major applications of RF microneedling include traumatic & surgical scars, acne scar, and skin rejuvenation.
Demand for minimally invasive dermabrasion procedure and rising prevalence of skin diseases are the major factors driving the RF microneedling market.
High procedural cost may limit the RF microneedling market growth.