Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.03 Billion | USD 20.45 Billion | 12.6% | 2023 |
The global Dermatology Devices market size accrued earnings worth approximately USD 7.03 Billion in 2023 and is predicted to gain revenue of about USD 20.45 Billion by 2032, is set to record a CAGR of nearly 12.6% over the period from 2024 to 2032. The study includes the drivers and restraints of the dermatology devices market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to dermatology devices market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the dermatology devices market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Skin-related disorders, such as skin rashes, burning or swelling, and redness, may be caused by allergies, chemicals present in make-up products, etc. These conditions are monitored via various dermatological devices. In addition, dermatological devices are popular for their accurate and correct diagnosis of skin disorders. Moreover, skin-related problems, such as acne, skin wounds, harpies, and venomous leg ulcers, can be cured using dermatological devices. This is the primary factor responsible for the growth of the dermatology devices market over the upcoming years.
There is an increasing prevalence of skin cancer globally. According to “The Skin Cancer Foundation,” around 10,130 people died due to melanoma in the year 2016. A quick diagnosis is required for detecting any kind of skin-related diseases. Different types of diagnostic devices are used for different types of skin cancers. Advanced liposuction equipment is used for body contouring treatment. Power-assisted and vibration-based liposuction devices are most effectively reduced huge amounts of fat over a short time span. Continuous technological advancements are witnessed in dermatology devices; for example, light therapy and laser instruments are used to enhance the people’s physical features. Dermatoscopes are most useful for detecting melanoma and evaluating pigmented lesions. This is also driving the dermatology devices market development globally. However, high costs of dermatology devices may deter the of the global dermatology devices market development over the forecasted time period.
The global dermatology devices market is fragmented based on product, diagnostic devices type, diagnostic devices application, treatment devices type, treatment devices application, and end-user. The product segment is classified into treatment and diagnostic. The diagnostic devices type segment includes microscopes, dermatoscopes, biopsy devices, and other imaging devices. The diagnostic devices application segment includes skin cancer diagnostics and others. The treatment devices type segment is classified into lasers, light therapy devices, electrosurgical equipment, microdermabrasion devices, liposuction devices, and cryotherapy devices. The treatment devices application segment includes skin rejuvenation, acne, psoriasis, and tattoo removal, wrinkle removal and skin resurfacing, cellulite reduction, vascular and pigmented lesion removal, body contouring and fat removal, hair removal, and others. The end-user segment comprises clinics, hospitals, and others.
By geography, the North American dermatology devices market is projected to grow substantially over the forecast time period. The increasing awareness among the aging population about health and beauty and the rising prevalence of skin diseases are responsible for the growth of this regional market. The Asia Pacific region is estimated to show notable growth in the dermatology devices market globally over the estimated timeline, due to the increasing youth population, growing awareness about health and beauty treatments, and rising number of government regulations about cosmetic surgeries.
Some major players operating in the global dermatology devices market are Image Derm, Ambicare Health, Aesthetic Group, 3Gen, Canfield Scientific, Syneron Medical, Cutera, Solta Medical, Cynosure, and Alma Lasers.
Report Attributes | Report Details |
---|---|
Report Name | Dermatology Devices Market |
Market Size in 2023 | USD 7.03 Billion |
Market Forecast in 2032 | USD 20.45 Billion |
Growth Rate | CAGR of 12.6% |
Number of Pages | 204 |
Key Companies Covered | Image Derm, Ambicare Health, Aesthetic Group, 3Gen, Canfield Scientific, Syneron Medical, Cutera, Solta Medical, Cynosure, and Alma Lasers |
Segments Covered | By product, By diagnostic devices type, By diagnostic devices application, By treatment devices type, By treatment devices application, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some major players operating in the global dermatology devices market are Image Derm, Ambicare Health, Aesthetic Group, 3Gen, Canfield Scientific, Syneron Medical, Cutera, Solta Medical, Cynosure, and Alma Lasers.
This report segments the global dermatology devices market into:
Global Dermatology Devices Market: Product Analysis
Global Dermatology Devices Market: Diagnostic Devices Type Analysis
Global Dermatology Devices Market: Diagnostic Devices Application Analysis
Global Dermatology Devices Market: Treatment Devices Type Analysis
Global Dermatology Devices Market: Treatment Devices Application Analysis
Global Dermatology Devices Market: End-User Analysis
Global Dermatology Devices Market: Regional Analysis
FrequentlyAsked Questions
Dermatology Devices market size accrued earnings worth approximately USD 7.03 Billion in 2023 and is predicted to gain revenue of about USD 20.45 Billion by 2032
CAGR of nearly 12.6% over the period from 2024 to 2032.
The largest share of the Dermatology Devices market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
Image Derm, Ambicare Health, Aesthetic Group, 3Gen, Canfield Scientific, Syneron Medical, Cutera, Solta Medical, Cynosure, and Alma Lasers
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed