Microneedle Drug Delivery Systems Market Analysis

Material (Silicon, Metal, Polymer)

The global microneedle drug delivery systems market is segmented and analyzed for demand and supply by material into silicon, metal, and polymer. Out of these segments, the metal segment is anticipated to garner the largest market share over the forecast period, owing to the rising number of cosmetic procedures performed with the adoption of metal microneedles array in cosmetic treatments to treat acne, stretch marks, hair loss, and more. According to statistics, about 15 million cosmetic procedures were performed in 2020, of which 12 million cosmetic procedures are performed on women.

Type (Solid, Hollow, Dissolving, Coated)

The global microneedle drug delivery system market is segmented and analyzed based on demand and supply by type into solid, hollow, dissolving, and coated. The most important factor that is driving the growth of the microneedle drug delivery system market is the high adoption of various emerging safety issues that include short and long-term impacts for patients, clinicians, healthcare administrators, and regulators. Other important factors include growing research and development initiatives and rising demand for a safer alternative to traditional hypodermic injections.

Our in-depth analysis of the global market includes the following segments: