Global RF Micro Needling Market size was USD 0.54 Billion in 2022. Covid-19 impacts have been unprecedented and staggering on a global scale. With the pandemic leading to positive demand shocks for the RF Micro needling market across all domains and region between 2023 and 2031. The market is projected to grow at a CAGR of 7.4 % from USD 0.51 billion in 2021 to USD 1.2 Billion in 2031 according to a new report by Intellectual Market Insights Research. The Sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.
The RF (radiofrequency) micro needling market is the market for non-invasive skin rejuvenation procedures that use radiofrequency energy and small needles to produce regulated micro-injuries to the skin. These tiny wounds encourage the body to repair itself and produce collagen, giving the skin a smoother, stronger, and younger-looking appearance.
The range of the RF micro needling market comprises several different device kinds, including non-insulated, insulated, and fractional RF Micro needling devices. These gadgets have a variety of uses, such as skin strengthening, scar elimination, and anti-aging.
The demand for non-invasive and minimally invasive cosmetic procedures is rising, as is the prevalence of skin diseases and disorders, and consumer awareness of the advantages of RF Micro needling is rising. These factors are driving the growth of the RF Micro needling market, a sector of the medical aesthetics industry. In the upcoming years, the industry is anticipated to keep growing.
The RF Micro needling market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the RF Microneedling market.
Scope of RF Micro Needling Market Report:
A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global RF Microneedling Market. On the basis of historic growth analysis and current scenario of RF Microneedling market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global RF Microneedling market. This further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global RF Microneedling market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global RF Microneedling market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.
The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
RF Micro Needling Market Drivers:
There are several drivers that are contributing to the growth of the RF Micro needling market, including:
The market is growing as demand for minimally intrusive and non-invasive aesthetic procedures increases.
The demand for procedures that require less recovery time and have fewer adverse effects than conventional surgical choices has increased the appeal of non-invasive and partially intrusive cosmetic procedures like RF Micro needling. As technology advances and patients become more knowledgeable about their choices, this tendency is anticipated to continue.
Market growth is being driven by an increase in skin conditions and diseases.
A significant percentage of the population is affected by skin conditions like acne, rosacea, and hyperpigmentation, and as people become more conscious of how these conditions affect their looks, they are looking for effective therapy options. One such choice, RF Micro needling, has been demonstrated to be efficient for a variety of skin issues, which has contributed to its increasing popularity.
RF Micro Needling Market Trends:
Growing Tendency Towards At-Home Rf Micro Needling Devices Expanding Use Supports the Market Trend
As technology advances and patients feel more at-ease with at-home therapies, at-home RF micro needling devices are becoming more and more popular. In comparison to expert treatments, these devices are more cost-effective and convenient, but the industry continues to dispute their efficacy.
The market trend is supported by the rising demand for Focus shifting to combo therapies
As aesthetic procedures advance, there is an increasing preference for merging various procedures for the best outcomes. To handle several skin issues at once, RF Micro needling is frequently coupled with other procedures like injectables, laser treatments, or dermal fillers. As practitioners look for methods to give their patients more comprehensive care, this tendency is anticipated to continue.
RF Micro Needling Market Restraining Factors:
The high cost of RF Micro needling procedures is impeding the industry's development.
Compared to conventional heating and cooling systems, the initial cost of RF Micro needling s is relatively high, which hinders the industry's development. This can make it challenging for customers to justify the purchase of a RF Micro needling, especially in areas with low energy costs or where conventional heating and cooling systems are offered other incentives.
Market expansion is constrained by Limited payment options.
Given that RF Micro needling is frequently deemed a cosmetic operation rather than a medical requirement, insurance companies may refuse to cover the cost of treatment. This may make it difficult for some consumers to obtain therapy, or it may result in restricted adoption in marketplaces where insurance coverage is a major component in decision-making.
The report will cover the qualitative and quantitative data on the global RF micro needling market. The Qualitative Data Includes Latest Trends, Market Players Analysis, Market Drivers, Market Opportunity, And Many Others. Also, the report quantitative data includes market size for every region, country and segments according to your requirements. We can also provide customize report in every industry vertical.
Report Scope and Segmentations:
Estimated Forecast Year
CAGR of 7.4% From 2023 To 2031
Technology Type, Indication, Distribution Channel, Application, End User and Regions
· Combination Devices
· Skin rejuvenation
· Acne scars
· Surgical scars
· Fine lines
· Direct sales
· Online sales
· Retail sales
· Facial treatment
· Body treatment
· Medical spas
· Homecare Settings
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, Spain, Russia, Rest Of Europe)
- Asia-Pacific (China, India, Japan, Asean, Rest Of Asia-Pacific)
- Rest of the world
The Key Player Strategies in the Market:
- In June 2021, Lumenis Ltd., a leading provider of medical laser systems, announced the launch of its new RF Micro needling device, Legend Pro+. The device is designed to provide more precise and customizable treatments for a range of skin concerns, including wrinkles, acne scars, and hyperpigmentation.
- In February 2022, Alma Lasers, a global provider of laser and energy-based aesthetic devices, announced a partnership with Sciton, a leading provider of laser and light-based technology for aesthetic and medical applications. The partnership is intended to expand Alma Lasers' reach in the US market and provide more comprehensive treatment options for patients.
- In September 2021, Venus Concept Inc., a global medical aesthetics technology leader, announced the launch of a new marketing campaign to promote its RF Micro needling device, Venus Viva. The campaign includes social media marketing, influencer partnerships, and digital ads targeted at both consumers and medical professionals.
- In November 2020, InMode Ltd., a leading provider of medical aesthetic systems, announced its entry into the Chinese market through a partnership with Beijing Taisheng Ruili Technology Development Co., Ltd. The partnership is intended to help InMode expand its presence in Asia and provide more advanced treatment options to Chinese consumers.
RF Micro needling Market Players Analysis:
Here is a list of some of the companies profiled in the RF Microneedling Market:
- Lumenis Ltd.
- Alma Lasers
- Venus Concept Inc.
- InMode Ltd.
- EndyMed Medical Inc.
- Cutera Inc.
- Eclipse Aesthetics
- Jeisys Medical Inc.
- MicroAire Surgical Instruments LLC
- GLOMEVE Ltd.
RF Micro needling Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2022-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
RF Micro needling Market Segmentation Analysis:
The global RF micro needling market can be segmented by Technology type, Indication, Product Type, Distribution channel, application, end user, and region.
By Technology Type
This segment can be further divided into radiofrequency, micro-needling, and combination devices.
Based on the indication, the market can be segmented into skin rejuvenation, acne scars, surgical scars, fine lines and wrinkles, and others.
By Product Type
The market can be segmented into standalone devices and portable devices.
By Distribution Channel
The market can be segmented based on the distribution channel into direct sales, online sales, and retail sales.
Based on the application, the market can be segmented into facial treatment, body treatment, and others.
This segment includes hospitals, clinics, medical spas, and homecare settings.
The market can be segmented based on geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The report also helps in understanding Global RF Micro needling Market dynamics, structure by analyzing the market segments, and project the Global RF Micro needling Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global RF Micro needling Market make the report investor’s guide.
Global RF Micro needling Market Regional Analysis
North America accounted for the highest xx% market share in terms of revenue in the RF Microneedling market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of RF Microneedling. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key RF Microneedling companies in economies such as Japan and China.
The objective of the report is to present comprehensive analysis of Global RF Microneedling Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The global RF Micro needling market is expected to experienced growth in all regions, including North America, Europe, Asia Pacific, Latin America and Middle east and Africa. Here is some information on the market in each of these regions.
North America: North America is currently the largest market for RF Micro needling, with the United States being the largest contributor to the market growth. This is due to the high prevalence of skin disorders and the increasing demand for non-invasive cosmetic procedures in the region.
Europe: Europe is the second-largest market for RF Micro needling and is expected to continue to grow at a steady pace. The market growth is driven by the increasing adoption of advanced skincare technologies and the growing awareness of the benefits of RF Micro needling among consumers.
Asia Pacific: The Asia Pacific region is expected to witness the fastest growth in the RF Micro needling market due to the increasing adoption of advanced skincare technologies, rising disposable income, and a growing population of aging individuals.
Latin America: The Latin American market for RF Micro needling is growing at a steady pace, driven by the increasing demand for non-invasive cosmetic procedures and rising disposable income.
Middle East & Africa: The Middle East and Africa market for RF Micro needling is growing, albeit at a slower pace than other regions. This is due to the limited adoption of advanced skincare technologies and the lack of awareness among consumers about the benefits of RF Micro needling in some areas.
RF Micro needling Market Report is also available for below Regions and Country Please Ask for that
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
Points Covered in the Report:
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Industry Developments:
- In January 2021, InMode Ltd. announced that it had received FDA clearance for its Morpheus8 device, which is a minimally invasive subdermal adipose remodelling device that combines radiofrequency and Micro needling technologies.
- In March 2021, Lutronic Corporation announced that it had received FDA clearance for its Genius Intelligent RF Delivery Platform, which is a minimally invasive Micro needling device that uses radiofrequency energy to tighten and lift the skin.
- In August 2021, Lumenis Ltd. announced that it had launched its Legend Pro+ device, which is a multi-application platform that combines radiofrequency, Micro needling, and other technologies for skin rejuvenation and body contouring.
- In September 2021, Venus Concept Inc. announced that it had received FDA clearance for its Venus Viva MD device, which is a minimally invasive Micro needling device that uses radiofrequency energy to improve skin texture and reduce the appearance of wrinkles.
- In October 2021, Syneron-Candela Corporation announced that it had received FDA clearance for its Profound system, which is a minimally invasive device that uses radiofrequency Micro needling to stimulate the production of collagen and elastin in the skin.
- How much the global RF Micro needling Market valued?
- Which region has the largest share in 2021 for the global RF Micro needling Market?
- What are the driving factors for the market?
- Which is the leading segment in the global market?
- What are the major players in the market?
Research Scope of RF Micro needling Market:
- Historic year: 2018- 2021
- Base year: 2022
- Forecast: 2023 to 2031
- Representation of Market revenue in USD Million
RF Micro needling Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: