Global Microneedle Market Outlook to 2023, Featuring Profiles of Key Players Becton Dickinson, Cynosure, Candela Medical, Cutera and LTS Lohmann Therapie-Systeme

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Dec 29, 2023, 06:00 ET

DUBLIN, Dec. 29, 2023 /PRNewswire/ -- The "Global Microneedle Market" report has been added to ResearchAndMarkets.com's offering.

The global market for microneedles was valued at $1 billion in 2023 and is forecast to reach $1.3 billion by the end of 2028, growing at a CAGR of 5.1% from 2023 through 2028.

The growth of the global market is attributed to factors such as the wide range of existing and potential microneedle applications, the increasing demand for dermatology procedures and minimally invasive drug delivery, and the growing number of infectious diseases.

The microneedle market is segmented into solid, hollow, coated, dissolving, and hydrogel types. The dissolving microneedle segment is expected to have the highest growth rate. The high growth rate of this segment is attributed to dissolving microneedles' low cost and better outcomes in a range of applications, from dermatology to disease diagnosis and treatment.

Based on application, the market is segmented into disease treatment, immunobiological administration, disease diagnosis, and dermatology applications. The dermatology segment dominates the market. This can be attributed to the cost-effectiveness of microneedling compared to other treatment modalities in dermatology.

The current report provides detailed information about the microneedle market. It highlights the current and future market potential for microneedles and provides a detailed analysis of the drivers, restraints, challenges, and opportunities in the market. The report also covers market projections for 2028 and includes the market rankings of key market players. It also covers the competitive environment and regulatory scenario.

Key Market Dynamics

Market Drivers
- Potential Applications of Microneedles
- Rising Demand for Dermatology Procedures
- Increasing Number of Infectious Diseases
- Rising Demand for Minimally Invasive Drug Delivery
Market Restraints
- Risks and Limitations of Using Microneedling Devices
- Stringent Regulatory Scenario
Market Opportunities
- R&D of Microneedles by Key Players
Market Challenges
- Complex Manufacturing Process
- Impact of COVID-19 on the Microneedle Market

The Report Includes

30 data tables and 37 additional tables
An overview of the global market for microneedles
Analysis of the global market trends, featuring historical revenue data for 2020 to 2022, estimated figures for 2023, as well as forecasts for 2028, including projections of compound annual growth rates (CAGRs) through 2028
Evaluation of the current market size and revenue growth prospects, accompanied by a market share analysis by type, application and geographical region
A look at the key market dynamics, the industry structure, regulatory landscape, current outlook and an analysis of the COVID-19 impact on the market for medical devices and microneedles
Discussion of the properties of the latest generation of smart microneedles, such as skin adhesion, dissolvability, responsiveness and tip-substrate detachability, as well as whether they are bionic, bioderived or biocompatible in nature
Review of patents on microneedle array technologies by assignee and products in the pipeline
Coverage of evolving technologies, ESG trends and clinical trials
Competitive benchmarking of key players, categorized by dermatology and vaccine and drug delivery, and their growth strategies
Profiles of leading market participants, including Becton, Dickinson; Cynosure; Candela Medical; Cutera and LTS Lohmann Therapie-Systeme.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

History
Microneedle Materials and Manufacturing
Microneedle Pipeline
Regulatory Landscape
Product Recalls

Chapter 4 Market Dynamics

Chapter 5 Market Breakdown by Type of Microneedle

Solid Microneedles
Hollow Microneedles
Dissolving Microneedles
Coated Microneedles
Hydrogel Microneedles

Chapter 6 Market Breakdown by Application

Dermatology
Immunobiological Administration
Disease Treatment
Disease Diagnosis

Chapter 7 Market Breakdown by Region

Chapter 8 ESG Development

Chapter 9 Emerging Technologies

3D-Printing Technology in Microneedles
Drug Monitoring with Microneedles
Microneedle for Plant Disease Management
Smart Microneedles
Nanotechnology-Integrated Microneedles
Integration of Microneedles into Wearable Devices

Chapter 10 Clinical Trials and Patent Analysis

Clinical Trial Analysis
- Clinical Trial Analysis, by Type of Study
- Clinical Trial Analysis, by Status
- Clinical Trial Analysis, by Phase
- Clinical Trial Analysis, by Region
Patent Analysis
- Patents by Year
- Patents by Top Applicant
- Patents by Top Patent Holder
- Patents by Jurisdiction

Chapter 11 Competitive Intelligence

Market Share Analysis
Recent Developments of Key Companies

Chapter 12 Company Profiles

Becton, Dickinson
Candela Corp.
Cosmed Pharmaceutical
Cutera
Cynosure
Debiotech
Mercator Medsystems
Nanobiosciences
Theraject

For more information about this report visit https://www.researchandmarkets.com/r/mn9rr5

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