Outlook on the Microneedle Global Market to 2026 - Key Drivers and Restraints

Dublin, Aug. 11, 2021 (GLOBE NEWSWIRE) -- The "Global Microneedle Market 2021-2026" report has been added to ResearchAndMarkets.com's offering.

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 Scope

This report analyzes the market trends of microneedles with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through the forecast period of 2021 to 2026). Regulatory scenarios, drivers, restraints and opportunities will be covered, as well as market shares for leading companies.

For this report, the market has been segmented by product type, application and geography. Product types of microneedles include solid, hollow, coated, dissolving and hydrogel. The applications considered in this report include disease treatment, immunobiological administration, disease diagnosis and dermatology. The regions covered include North America, Europe, Asia-Pacific and the Rest of the World (RoW). Detailed analysis of the markets in the U.S., Germany, the U.K., Italy, France, Spain, Japan, China and India is included. For market estimates, data are provided for 2020 as the base year, with estimates for 2021 and forecasts for 2026.

The 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.

Growth of the global market is attributed to the factors such as the 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.

Microneedles have proved their versatility in a broad range of applications. Various trials and studies of microneedles have demonstrated their efficacy in delivering drugs or vaccines in an affordable manner, which is particularly important for developing countries. Microneedles developed for delivering biological macromolecules and immunobiological agents include solid, hollow, coated, dissolving and hydrogel types. Every type of microneedle is differentiated by needle length, which is modified to pierce the stratum corneum without rupturing nerve endings.

Microneedles are also used in drug delivery for the treatment of many diseases, including infectious diseases, which are increasing in number.

In this report, the global market for microneedles is segmented by product type, application and region.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Dynamics

• Overview

• Drivers

• Market Restraints

• Market Opportunities

Chapter 4 Market Overview

• Market Insights

• Regulatory Landscape

• Patent Review

• Product Recall

• Product Pipeline

• Market Trends

• Future Perspective

• Recent Developments

Chapter 5 Impact of Covid-19 on Market

• Overview

• COVID-19 Crisis

• Impact on Market for Medical Devices and Microneedles

• Current Outlook

Chapter 6 Market Breakdown by Product Type

• Solid Microneedles

• Hollow Microneedles

• Coated Microneedles

• Dissolving Microneedles

• Hydrogel Microneedles

Chapter 7 Market Breakdown by Application

• Disease Treatment

• Immunobiological Administration

• Disease Diagnosis

• Dermatology

Chapter 8 Market Breakdown by Region

• Global Market for Microneedles by Region

• North America

• Europe

• Asia-Pacific

• Rest of the World

Chapter 9 Competitive Landscape

• Analysis of Market Share for Drug Delivery and Vaccine Companies

• Analysis of Market Share for Dermatology Companies

Chapter 10 Company Profiles

• Vaccine and Drug Delivery Companies

• Becton, Dickinson and Co.

• Debiotech Sa

• Mercator Medsystems Inc.

• Nanobiosciences Llc

• Nanopass Technologies Ltd.

• Dermatology Companies

• Candela Medical

• Cosmed Pharmaceutical Co. Ltd.

• Cutera Inc.

• Cynosure Inc.

Chapter 11 Appendix: Abbreviations and Acronyms

For more information about this report visit https://www.researchandmarkets.com/r/7bjht8

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