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The study covers detailed analysis on the United States microneedles market, Western Europe microneedles market and Australia microneedles market. In the year 2021, the United States, Western Europe and Australia together, generated a revenue of $950 million in microneedle sales. This research study is exclusively on the three most potential target geographies which are the United States, Western Europe and Australia.
Expected compounded annual growth for the three geographies, for the time period (2022 2030):
Skin is mostly known for its function as a mechanical barrier. But it also serves another essential function of delivering bioactive agents to the body. Any medicine that has successfully breached the top layers of the skin has now gained entrance to the rich blood supply present beneath the skin.
Microneedles help the drugs and chemicals cross these top skin layers, which offers most of the protection against penetrants. Regardless of their name, these microneedles are functionally similar to sub-dermal patches. Hence, they can offer safe and pain-free delivery of various chemicals.
The United States Microneedles Market Coverage
Western Europe Microneedles Market Coverage
Australia Telemedicine Microneedles Market Coverage
Applications of Microneedles
The use of microneedles has revolutionized the administration of vaccines during the last few years. In addition, they also serve various cosmetic purposes.
Experts first introduced microneedles in the vast empire of the cosmetic industry in 2005. Since then, several new products have emerged that have been in use for achieving remarkable cosmetic purposes.
The efficiency of cosmetic treatment with microneedles has also significantly increased with each passing year. Moreover, it is also much popular because of its cost-effectiveness. Laser treatment – an alternative cosmetic approach – costs about four times as much as micro-needling.
The classical cosmetic uses of microneedles are removing wrinkles and scar marks from the skin. They have also been used in anti-aging treatments by administrating growth-inducing substances to the skin. Additionally, microneedles may also prove helpful in treating other skin conditions such as hair loss, stretch marks, dark spots, reduced skin elasticity, and sun damage.
In the cosmetic industry, the best target segments for microneedles are:
Among its pharmaceutical applications, the most promising one is the delivery of vaccines. But unfortunately, vaccines usually administered in liquid form are much more susceptible to the outside environment. As a result, nearly half of the vaccines are wasted yearly due to their spoilage with the surroundings.
Microneedles removes all such problems. In contrast, they offer a way of administrating vaccines in solid form, making them protective against environmental hazards. The use of microneedles has also proved helpful in delivering several other medicines.
Countries with a more extensive aging population demand more anti-aging and wrinkle treatments. Therefore, countries like the U.S., Western Europe and Australia will serve as the targeted population for expanding the market of microneedles.
Moreover, during the last few years, growth factors have gained popularity among the public, particularly among the ageing population. This is because they are known for their effects on promoting tissue growth and healing. Therefore, those who get the treatment with growth factors become more youthful.
Using microneedles is one way to administer these factors to the skin, making it more young and lively. Despite the limited scientific evidence, cosmetic experts are very optimistic about this fantastic application of microneedles.
Microneedles Market Analysis, by Segment (country level analysis)
United States Market Analysis by Application Segment (state level analysis)
United States Microneedles Market size ($Million) and Forecasts (2022 – 2027), By States
Western Europe Market Analysis by Segment (country level analysis)
Western Europe Market Analysis by End User Segment (state level analysis)
Western Europe Microneedles Market size ($Million) and Forecasts (2022 – 2027), By States
Australia Market Analysis by Segment (regional level analysis)
Australia Market Analysis by End User Segment (state level analysis)
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