Scalp Microneedling Market Future Prospects and Forecast To 2029
The global scalp microneedling market size was valued at USD 161.2 million in 2022 and is poised to grow at a CAGR of 8.4% during the forecast period 2023-2029. The primary factors that drive the growth of scalp micro needling market size are increasing cases of hair fall induced by chemotherapy, increasing prevalence of hair loss diseases such as alopecia areata, and a rise in clinical studies.
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The global scalp microneedling market segmentation:
1) By Product Type: Dermaroller, Dermapen, and Derma-stamp.
2) Needle Material: Silicon Microneedle, Metal Microneedle, and Glass Microneedle.
3)Size (Under 0.25 mm, 25mm-0.3mm, 75mm-1.0mm, 0mm-1.5mm, and Above 1.5mm.
4) Application: Hair Transplant, Boost Hair, and Others.
5) End Users: Hospitals, Dermatology Clinics, and Others.
Dermaroller to Dominate the Scalp Microneedling Market
Based on product type, the dermaroller holds the highest scalp microneedling market size. The major factor for the rise of this segment is the benefits associated with the dermaroller for hair fall such as it can stop hair loss, helps in hair growth, and also removes dandruff. Apart from this, it also induces blood flow, increases collagen, increases absorption, and strengthen hair root. These properties can drive the growth of the global scalp microneedling market size. Moreover, dermarollers are easily accessible through online stores and can be easily used by consumers at home. Thus, easy availability through various channels such as supermarkets, online stores, and hypermarkets can also drive the growth of the market.
North America Scalp Microneedling Market:
North America leads the global scalp microneedling market due to the increasing prevalence of chronic diseases such as cancer and rising chemotherapy procedures. North America leads the global market due to entrenched research infrastructure, increasing funding from public and private sectors, and rising collaborations among global key players have contributed to increasing the sales of scalp microneedling in this region. Apart from this, the major factor that drives the market in this region are the increasing demand for cosmetic procedures, the rise in beauty consciousness among male, and the presence of skilled professionals.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global scalp microneedling market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In October 2021, Pinnacle Dermatology Management agreed to sign an agrrement with BayPine LP to acquire their surgeons and nurses in order to get the full range of skin and hair treatments.
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Key players’ profiles in the scalp microneedling market report are Dermapen, Zcalp, Envision Medical Spa, Dermaroller GmbH, MDPen Fractional Microdermal Needling, ConceptSkincare, DermaConcepts, Ramboll Environ, Inc., Weyergans High Care, Edge Systems LLC., and Bomtech Electronics Co., Ltd.
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