The Global Scalp Microneedling Market, by Product type (Dermaroller, Dermapen, and Derma-stamp), by Size (Under 0.25 mm, 0.25mm-0.3mm, 0.75mm-1.0mm, 1.0mm-1.5mm, and Above 1.5mm), by Needle Material (Silicon Microneedle, Metal Microneedle, and Glass Microneedle), by End User (Hospitals, Dermatology Clinics, and Others), and by Region (North America, Europe, Asia Pacific, Middle East, Africa, and Latin America) is estimated to be valued at US$ 179.5 Million in 2022 and projected to exhibit a CAGR of 8.2% during the forecast period (2022-2030).
Increasing clinical studies are being conducted to evaluate the use of scalp microneedling (MN) devices for hair loss disorders, which is projected to provide a profitable opportunity for industry participants to introduce their novel products. For instance, according to a review article published in December 2021 by Springer Nature Switzerland AG, a part of Springer Nature, A literature search was conducted through PubMed up to November 2021 to identify original articles evaluating the use of MN on hair loss disorders. A total of 22 clinical studies featuring 1127 subjects were included. It was observed that MN improved hair parameters when paired with 5% minoxidil, growth factor solutions, and/or platelet-rich plasma (PRP) topicals, or when introduced to subjects whose hair count changes had plateaued for ≥ 6 months on other treatments.
Global Scalp Microneedling Market – Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic has affected various industries globally. Key players operating in the global scalp microneedling market are facing major challenges on various fronts due to the COVID-19 pandemic. According to the Coronavirus Disease (COVID-19) Weekly Epidemiological Update by the World Health Organization, the number of COVID-19 cases reported globally, as of May 18, 2022, are approximately 520,372,492 confirmed cases with 6,270,232 deaths.
The COVID-19 can affect the economy in three main ways; by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to lockdowns, several countries such as Saudi Arabia, U.A.E, Egypt, and others are also facing problems with regard to the transportation of several drugs from one place to another.
Browse 44 Market Data Tables and 32 Figures spread through 178 Pages and in-depth TOC on “Global Scalp Microneedling Market” - Forecast to 2030, Global Scalp Microneedling Market, by Product type (Dermaroller, Dermapen, and Derma-stamp), by Size (Under 0.25 mm, 0.25mm-0.3mm, 0.75mm-1.0mm, 1.0mm-1.5mm, and Above 1.5mm), by Needle Material (Silicon Microneedle, Metal Microneedle, and Glass Microneedle), by End User (Hospitals, Dermatology Clinics, and Others), and by Region (North America, Europe, Asia Pacific, Middle East, Africa, and Latin America) - Forecast to 2030
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The rising prevalence of cancer and chemotherapy procedures may lead to hair loss problems, which in turn will increase the demand for scalp microneedling for the treatment. This is expected to drive the global scalp microneedling market growth over the forecast period. For instance, in 2021, about 1.9 million people were diagnosed with cancer in the U.S., according to The American Cancer Society, Inc.
Key Takeaways of the Global Scalp Microneedling Market:
- The global scalp microneedling market is expected to exhibit a CAGR of 8.2% during the forecast period, owing to an increase in the number of geriatric population globally. For instance, according to the World Health Organization, in October 2021, between 2015 and 2050, the world's population over 60 years will nearly double from 12% to 22%. By 2020, the number of people aged 60 years and older will outnumber children younger than 5 years. In 2050, 80% of older people will be living in low- and middle-income countries.
- Among the product type, Dermaroller is expected to dominate the global scalp microneedling market in the forecast period, owing to several benefits offered by the dermaroller for hair loss such as stops hair fall, remove dandruff, promote hair growth, increased absorption, increased blood flow, induces collagen, strengthen roots, and others.
- Major players operating in the global scalp microneedling market include Dermapen, Dermaroller GmbH, Zcalp, Envision Medical Spa, MDPen Fractional Microdermal Needling, DermaConcepts, ConceptSkincare, Ramboll Environ, Inc., Edge Systems LLC., Weyergans High Care, and Bomtech Electronics Co., Ltd.
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