Global Microneedle Market

Report Code: MDS050B

Publish Date: Jan 2024

Publisher: BCC Publishing

Category: Medical Devices And Surgical

Download Report Overview

Single User License: $5500

Member Price: FREE

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for microneedles is expected to grow from $1.0 billion in 2023 to $1.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.1% from 2023 through 2028.

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

Report Scope

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.

The report details the market share of microneedles based on product and application. Based on product, the market is segmented into solid microneedles, hollow microneedles, coated microneedles, dissolving microneedles, and hydrogel microneedles. Based on application, the market is segmented into disease treatment, immunobiological administration, disease diagnosis, and dermatology applications. Hydrogel and disease diagnosis applications that are covered in the report are not commercially approved and are being used primarily by research organizations.

The market has been divided by geography into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region comprises countries such as the U.S. and Canada; Europe includes Germany, the U.K., Italy, France, Spain, and the Rest of Europe; and Asia-Pacific includes China, India, Japan, South Korea, and the Rest of Asia-Pacific. For market estimates, data has been provided for 2020 and 2021 as the historical years and for 2022 as the base year, with forecasts for 2028.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $976.7 million
Market size forecast $1.3 billion
Growth rate CAGR of 5.1% from 2023 to 2028
Units considered $ Millions
Segments covered By Product Type, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
Countries covered The U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, and South Korea
Key Market Drivers
  • Potential Applications of Microneedles
  • Rising Demand for Dermatology Procedures
  • Increasing Number of Infectious Diseases
  • Rising Demand for Minimally Invasive Drug Delivery
Companies studied
BDCANDELA CORP.
CLEARSIDE BIOMEDICALCOSMED PHARMACEUTICAL CO. LTD.
CUTERACYNOSURE LLC
DEBIOTECH SALTS LOHMANN THERAPIE-SYSTEME AG
MERCATOR MEDSYSTEMS INC.MI.TO.PHARM GMBH
MICROPOINT TECHNOLOGIESNANOBIOSCIENCES LLC
NANOPASSVAXESS TECHNOLOGIES INC.
THERAJECT INC.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The global market for microneedles was valued at $1.0 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.1% to reach $1.3 billion by 2028.
Key drivers of the microneedle market are potential applications of microneedles, rising demand for dermatology procedures, and the increasing number of infectious diseases.
The microneedle market is segmented based on product type, application, and region.
The solid microneedle segment will dominate the market by the end of 2028.
North America holds the highest share of the market.

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.

Consulting Editor’s Credentials

Melissa Dueck brings more than 25 years of health industry experience to the consulting analyst role with expertise in pharmaceuticals, medical technologies, and hospital operations. Ms. Dueck holds an MBA in Health Care Management, an MPH in Global Health, and is a pending doctoral candidate. She has authored several industry-specific documents and is a well-respected, trusted contributor to the market intelligence community. Her writings are published in magazines, newspapers, and professional journals. She is also an experienced custom market research writer who has worked with a large variety of clients in many fields who require innumerable variations to research documents. Ms. Dueck serves the health and medical community through emergency room medical training, healthcare information system coordination, program implementation and evaluations, and strategic business oversight planning.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Microneedle Market123Free
Chapter- 1: Introduction4Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Market Overview12Free
Chapter- 4: Market Dynamics10Free
Chapter- 5: Market Breakdown by Type of Microneedle16Free
Chapter- 6: Market Breakdown by Application11Free
Chapter- 7: Market Breakdown by Region23Free
Chapter- 8: ESG Development10Free
Chapter- 9: Emerging Technologies2Free
Chapter- 10: Clinical Trials and Patent Analysis7Free
Chapter- 11: Competitive Intelligence3Free
Chapter- 12: Company Profiles19Free
Chapter- 13: Appendix: Acronyms2Free
Published - Aug-2021| Analyst - BCC Publishing| Code - MDS050A

Report Highlights

The global market for microneedles should grow from $1.4 billion in 2021 to $1.7 billion by 2026 with a compound annual growth rate (CAGR) of 3.9% for the period of 2021-2026.

Report Includes

  • 15 data tables and 25 additional tables
  • A comprehensive analysis of the current and future directions of the global market for microneedles
  • Analyses of the global market trends, with data from 2019 and 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
  • Estimation of market size and revenue forecast for microneedles, and corresponding market share analysis by product type, application, and geographic region
  • Highlights of the key market dynamics (DROs), industry structure, regulatory landscape, current outlook and COVID-19 impact analysis on the market for medical devices and microneedles
  • Country specific data and analysis for the U.S., Canada, Germany, UK, Italy, France, Spain, Japan, China, India, and South Korea etc.
  • Review of patents on microneedle array technologies by assignee and products in pipeline
  • Insight into the recent industry activities, competitive benchmarking of key players in the market categorized by dermatology and vaccine & drug delivery, and their growth strategies
  • Descriptive company profiles of the major manufacturers of microneedles within the healthcare sector, including Becton, Dickinson and Company (BD), NanoPass Technologies Ltd., Candela Medical, Cutera Inc. and Cynosure Inc.

Related Reports

Global Markets and Technologies for Advanced Drug Delivery Systems

Published - Mar 2024 | Publisher - BCC Publishing | Code - PHM006N

The global market for advanced drug delivery systems is expected to increase from $262.6 billion in 2023 to $359.1 billion by the end of 2028, with a compound annual growth rate (CAGR) of 6.5% during the forecast period of 2023-2028.

Solid Microneedles: Global Market Outlook

Published - Dec 2022 | Publisher - BCC Publishing | Code - MDS079A

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.

Medical Aesthetic Devices: Technologies and Global Markets

Published - Mar 2022 | Publisher - BCC Publishing | Code - HLC056D

The global market for medical aesthetic devices is estimated to increase from $16.5 billion in 2021 to $28.4 billion by 2026, at a compound annual growth rate (CAGR) of 11.4% during the forecast period of 2021-2026.

Transdermal Drug Delivery: Global Markets

Published - Jul 2021 | Publisher - BCC Publishing | Code - PHM254A

The global market for transdermal drug delivery systems should grow from $6.4 billion in 2021 to $7.8 billion by 2026, at compound annual growth rate (CAGR) of 4.2% for the period of 2021-2026.

Recent Reports

Global Medical Tapes Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - MDS105A

The global market for medical tapes is expected to grow from $5.6 billion in 2024 and is projected to reach $7.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 4.7% during the forecast period of 2024 to 2029.

Global Prenatal Testing Market

Published - May 2024 | Publisher - BCC Publishing | Code - MDS103A

The global market for prenatal testing is expected to grow from $10.9 billion in 2023 and projected to reach $19.8 billion by the end of 2028, at a compound annual growth rate (CAGR) of 12.6% during the forecast period of 2023 to 2028.

Global Skin Allergy Testing Market

Published - May 2024 | Publisher - BCC Publishing | Code - MDS104A

The global market for skin allergy testing is expected to grow from $560 million in 2023 to $771.5 million by the end of 2028, at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2028.

Global Orthodontic and Orthopedic Market

Published - Apr 2024 | Publisher - Partha Sarathi Das | Code - MDS036B

The global market for orthodontic devices is expected to grow from $18.9 billion in 2023 and projected to reach $29.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 9.2% during the forecast period of 2023 to 2028.Report Includes

Global Medical Dynamometer Market

Published - Mar 2024 | Publisher - BCC Publishing | Code - MDS100A

The global market for medical dynamometers is estimated to increase from $547.5 million in 2023 to reach $780.1 million by 2028, at a compound annual growth rate (CAGR) of 7.3% from 2023 through 2028.

Top Trending Reports

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - BCC Publishing | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

Artificial Intelligence (AI) in Life Sciences Market

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO255A

The global market for artificial intelligence (AI) in life sciences products was valued at $8.0 billion in 2023. The market is estimated to grow from $9.8 billion in 2024 to $33.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.9% from 2024 to 2029.

Drug Discovery Technologies

Published - Sep 2024 | Publisher - BCC Publishing | Code - BIO020H

The global market for drug discovery technologies is expected to grow from $111.9 billion in 2024 and is projected to reach $197.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.0% during the forecast period of 2024 to 2029.

Synthetic Biology: Global Markets

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO066H

The global market for synthetic biology products was valued at $15.4 billion in 2023. The market is projected to grow from $19.3 billion in 2024 to $61.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 26.1% from 2024 through 2029.

Gene Editing Therapeutics Market

Published - Aug 2024 | Publisher - BCC Publishing | Code - BIO259A

The report provides an overview of current and future market potential of gene editing therapeutics and provides a detailed analysis of the drivers, restraints and opportunities in this market. It also include company profiles of key players, featuring detailed information regarding each company’s business segments, financials, product portfolios and recent developments.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Global Microneedle Market
Sample Report