South Korea Microneedling Market Size & Outlook, 2021-2028
The microneedling market in South Korea is expected to reach a projected revenue of US$ 33.0 million by 2028. A compound annual growth rate of 11% is expected of South Korea microneedling market from 2022 to 2028.
Revenue, 2021 (US$M)
$15.9
Forecast, 2028 (US$M)
$33.0
CAGR, 2022 - 2028
11.0%
Report Coverage
South Korea
South Korea Microneedling Market, 2016-2028 (US$M)
Global Market
Related Markets
South Korea microneedling market highlights
- The South Korea microneedling market generated a revenue of USD 15.9 million in 2021 and is expected to reach USD 33.0 million by 2028.
- The South Korea market is expected to grow at a CAGR of 11% from 2022 to 2028.
- In terms of segment, rf microneedling was the largest revenue generating type in 2021.
- RF MicroNeedling is the most lucrative type segment registering the fastest growth during the forecast period.
Microneedling market data book summary
| Market revenue in 2021 | USD 15.9 million |
| Market revenue in 2028 | USD 33.0 million |
| Growth rate | 11% (CAGR from 2021 to 2028) |
| Largest segment | Rf microneedling |
| Fastest growing segment | RF MicroNeedling |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laser Mirconeedling, RF MicroNeedling |
| Key market players worldwide | Lumenis, Cutera Inc, Cynosure, Candela Medical, Endymed Ltd, LUTRONIC, DermaConcepts, Crown Aesthetics, DermaQuik, Derma Roller |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global microneedling market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, India microneedling market is projected to lead the regional market in terms of revenue in 2028.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 33.0 million by 2028.
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Microneedling Market Scope
Microneedling Market segmentation & scope
Microneedling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cutera Inc | View profile | 430 | 3240 Bayshore Boulevard, Brisbane, CA, United States, 94005 | www.cutera.com |
| Lumenis | View profile | 1001-5000 | Jerusalem, Yerushalayim, Israel, Asia | lumenis.com |
| Cynosure | View profile | 501-1000 | Westford, Massachusetts, United States, North America | www.cynosure.com |
| Candela Medical | View profile | 501-1000 | Irvine, California, United States, North America | candelamedical.com/int |
| LUTRONIC | View profile | 251-500 | Gyeongju, Kyongsang-bukto, South Korea, Asia | www.lutronic.com |
| Endymed Ltd | View profile | 46 | 7 Bareket Street, North Industrial Park, Caesarea, Israel | www.endymed.com |
| DermaConcepts | View profile | 101-250 | Mashpee, Massachusetts, United States, North America | www.dermaconcepts.com |
| Crown Aesthetics | View profile | 101-250 | Dallas, Texas, United States, North America | crownaesthetics.com/ |
| DermaQuik | View profile | 1-10 | Houston, Texas, United States, North America | www.DermaQuik.com |
| Derma Roller | View profile | 11-50 | Wolfenbüttel, Niedersachsen, Germany, Europe | www.dermaroller.com/ |
South Korea Microneedling Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Microneedling Market Outlook will help companies and investors design strategic landscapes.
Rf Microneedling was the largest segment with a revenue share of 58.49% in 2021.
Horizon Databook has segmented the South Korea microneedling market based on laser mirconeedling, rf microneedling covering the revenue growth of each sub-segment from 2016 to 2028.
- South Korea Microneedling Market Type Outlook (Revenue, USD Million , 2016-2028)
- Laser Mirconeedling
- RF MicroNeedling
- South Korea Microneedling Market Product Outlook (Revenue, USD Million , 2016-2028)
- Derma-Stamp
- Dermapen
- Dermarollers
- South Korea Microneedling Market Needle Material Outlook (Revenue, USD Million , 2016-2028)
- Silicon Microneedle
- Metal Microneedle
- Glass Hollow Microneedle
- South Korea Microneedling Market Application Outlook (Revenue, USD Million , 2016-2028)
- Skin Rejuvenation
- Acne Scar
- Traumatic & Surgical Scars
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Microneedling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Microneedling Market Outlook from 2016 to 2028, including revenue numbers, major trends, and company profiles.
South Korea Microneedling Market, 2016-2028 (US$M)
South Korea microneedling market statistics, by type, 2016-2028 (US$M)
