Microneedling Cartridges Market Dynamics, Forecast, Analysis And Supply Demand 2020 - 2030

 

Microneedling Cartridges Market: Introduction

  • Microneedling cartridges are tools used in collagen induction therapy. Microneedling cartridges are specially designed pens or rollers, sometimes called derma pens. The tool has multiple needles to treat various skin concerns. Microneedling is identified as an effective method to improve fine lines, hyperpigmentation, melasma, acne scars, wrinkles, and rosacea. 12 Pin and 36 Pin microneedling cartridges are widely used in microneedling at homes and spas.

Key Trends in the Global Microneedling Cartridges Market

  • Growing health awareness among consumers and rising consumer spending on skin care products and services is driving the demand for microneedling cartridges across different regions. Furthermore, consumers are increasingly preferring microneedling cartridges to improve various skin concerns. The millennial population is highly aware about different grooming products and services and are willing to spend on branded and quality products.
  • Key manufacturers are utilizing advanced technology to design innovative products. Modification of existing product lines, use of automated technology, and collaboration with dermatology clinics are key strategies of microneedling cartridge manufacturers. For instance, in January 2020, Candela Corporation, a leading global medical aesthetic device company, announced an exclusive partnership agreement with MT.DERM GmbH for the commercialization of MT.DERM’s medical microneedling products. Moreover, key brands are designing innovative products that can be applied to multiple skin therapies for all kinds of skin tones.

Opportunities in the Global Microneedling Cartridges Market

  • Increasing adoption of professional microneedling treatments is expected to boost the market growth during the forecast period. Nowadays, consumers are highly conscious about their skin and are ready to spend on value- added therapies and dermatologic services. As a result, the number of registered dermatologists has increased significantly in recent years. 42% of dermatology patients are 60 years or older and 68% are 40 years or older. The younger population prefer at home microneedling and this offers significant opportunities for key brands in the near future.

North America and Europe leading the Microneedling Cartridges Market

  • By geography, the global microneedling cartridges market is classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC).
  • Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market includes historical and forecast analysis for the microneedling cartridges market in the U.K., Germany, France, and Rest of Europe. 

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Key Players Operating in the Global Market

Robust investment in R&D activities and advancement of existing product lines are key strategies implemented by industry participants. Furthermore, companies are endorsing enhanced consumer knowledge and product promotions to encourage the adoption of microneedling cartridges across untapped markets. Technical expertise and online product marketing are expected to offer competitive advantage to key market players.

Some of the major companies identified in the global microneedling cartridges market are:

  • MT.DERM GmbH
  • Dermapen
  • MD Needle Pen
  • GBS international Holding Ltd.
  • SDERMATECH MyM
  • Dr. Pen
  • Angel Kiss
  • KOI BEAUTY LLC
  • Beautlink Dermapen

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