Solid Microneedles: Global Market Outlook

Report Code: MDS079A

Publish Date: Dec 2022

Publisher: BCC Publishing

Category: Medical Devices And Surgical

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Report Highlights

The goal of this report is to understand the current global solid microneedle market and to assess the market’s growth potential. The study endeavors to quantify the solid microneedle market, to explore market dynamics that could impact the future of the market (including drivers, restraints and opportunities), to identify areas of growth and to study recent innovation in the solid microneedle market. The main objective of the study is to present a comprehensive analysis of the current market and the future direction of the market.

Report Includes

  • An overview of the global markets for solid microneedles used in advanced drug delivery systems
  • Analyses of the global market trends, with historic revenue data from 2019 to 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the upcoming market potential for solid microneedles, growth driving factors and areas of focus to forecast this market into various segments and subsegments
  • Estimation of the actual market size and revenue forecast for global solid microneedles market in USD million values, and corresponding market share analysis by type, application and geographic region
  • In-depth information (facts and figures) concerning market drivers, opportunities and challenges, and other macroeconomic forces influencing the demand for solid microneedles in the coming years (2022-2027)
  • Updated information on recent industry acquisitions, partnerships, agreements, collaborations, and other strategic alliances in the global market for solid microneedles
  • A relevant patent analysis with data corresponding to number of U.S. patents and patent applications related to solid microneedle technologies
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues

Report Scope

The report provides an overview of the global solid microneedle market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period, 2022-2027. Revenue forecasts for this period are segmented based on application and geography. Market values have been estimated based on the total revenue of solid microneedle manufacturers.

The report covers the market for solid microneedles with regard to the user base, across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for solid microneedles in 2021 and provides projections for the expected market size through 2027. The scope of the study includes the wide range of solid microneedle and application on them in different medical arenas.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022 to 2027
Base year market size $485.0 million
Market size forecast $620.0 million
Growth rate CAGR of 4.3% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered Application and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Countries covered U.S., Canada, U.K., Germany, France, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, South America, and Middle East & Africa
Key Market Drivers
  • Potential Applications of Solid Microneedles
  • Rising Demand for Dermatology Procedures
  • Increasing Number of Infectious Diseases
  • Risks and Limitations of Using Microneedling Devices
  • Stringent Product Scenario
  • R&D of Microneedles by Key Players
Companies studied
CUTERA INC.ADMINMED NANOBIOSCIENCES LLC.
CANDELA MEDICALCYNOSURE INC.
DERMASPARK PRODUCTS INC.
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Frequently Asked Questions (FAQs)

• The global market for solid microneedle is estimated at $502.9 million in 2022 and is expected to grow at a CAGR of 4.3% to nearly $620.0 million by 2027.
• The key factors driving the growth of solid microneedle market includes wide range of existing and potential applications for microneedles, increasing demand for dermatology procedures and minimally invasive drug delivery, and the growing number of infectious diseases.
• The solid microneedle market is segmented based on application and region.
• Dermatology segment will dominate the market by the end of 2027.
North America holds the highest share in the market.
• Key companies in the market includes AdminMed, Candela Medical, Cutera Inc., Cynosure Inc., DermaSpark and others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Title/Chapter NamePagesMember Price
Full Report: Solid Microneedles: Global Market Outlook41Free

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Solid Microneedles: Global Market Outlook
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