The global dermatology devices market size is expected to
reach a value of USD 35.3 billion by 2027, according to a new report by Grand
View Research, Inc., registering a CAGR of 15.1% over the forecast period. The
product demand is expected to increase owing to rise in skin conditions and
growing influence of social media.
Increasing incidences of skin disorders such
as psoriasis, acne, eczema, and skin lesions across the globe is attributed to
irregular lifestyle and food habits. Melanoma is the most deadly form of skin
cancer which arises due to overexposure to the sun. Dermatology diagnostic
equipment help in the early diagnosis of melanoma. High prevalence of this skin
condition is anticipated to contribute to the market growth. For instance, in
2019, nearly 7,800 Canadians were estimated to be diagnosed with melanoma and
nearly 1,300 Canadians were estimated to die due to melanoma.
Moreover, obesity has rapidly become a major
health concern. Hence, fat removal procedures are increasingly being adopted.
Liposuction is considered as an effective treatment for obesity, which, in
turn, drives the product demand. Rising disposable income and increasing
financial independence among women are also driving market growth. In addition,
technological advancements in laser treatments increases its application scope,
subsequently driving the product demand over the forecast period.
North America is projected to be the largest
market globally through the forecast period. This is attributed to growing
incidences of conditions such as eczema, which can be treated dermatologically.
Growing popularity of cosmetic procedures such as cellulite and fat removal and
scar removal is also projected to drive the growth of the regional market. On
the other hand, Asia Pacific is projected to witness the fastest growth rate
over the forecast period. Factors such as high medical tourism and increasing
R&D activities are driving the Asia Pacific market.
Browse full research report on Dermatology
Devices Market: https://www.grandviewresearch.com/industry-analysis/dermatology-devices-market
Further key
findings from the study suggest:
- Treatment devices dominated the market in 2019
owing to the rise in awareness regarding various aesthetic procedures and
products, which, in turn, leads to a rise in adoption of both surgical and
non-surgical cosmetic procedures
- Laser devices accounted for the largest share
in 2019 due to its wide application in a variety of disease and cosmetic
treatments
- Skin cancer diagnosis held a substantial
market share in 2019 owing to the high prevalence of this disease
condition, particularly melanoma
- Skin rejuvenation is expected to witness
lucrative growth over the forecast period owing to the increasing
popularity of this treatment procedure
- Hospitals accounted for the largest share in
2019 owing to the rise in adoption of advanced infrastructure and enhanced
services in these settings
- North America dominated the global dermatology
devices market in 2019 due to increasing awareness of aesthetic procedures
and rising beauty consciousness among the population
- Key market players include Alma Lasers GmbH;
Cynosure, Inc.; Solta Medical, Inc.; Cutera, Inc.; Syneron Medical Ltd.;
Canfield Scientific, Inc.; 3Gen; Aesthetic Group; Ambicare Health; and
Image Derm, Inc.
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/dermatology-devices-market/request/rs1
Grand
View Research has segmented the global dermatology devices market on the basis
of product, application, end use, and region:
Dermatology
Devices Product Outlook (Revenue, USD Million, 2016 - 2027)
- Diagnostic Devices
- Dermatoscopes
- Microscopes
- Other Imaging
Devices
- Biopsy Devices
- Treatment Devices
- Light Therapy
- Lasers
- Electrosurgical
Equipment
- Liposuction
- Microdermabrasion
- Cryotherapy
Dermatology
Devices Application Outlook (Revenue, USD Million, 2016 - 2027)
- Diagnostic Devices
- Skin Cancer
Diagnosis
- Others
- Treatment Devices
- Hair Removal
- Skin Rejuvenation
- Acne, Psoriasis,
and Tattoo Removal
- Wrinkle Removal and
Skin Resurfacing
- Body Contouring and
Fat Removal
- Cellulite Reduction
- Vascular and
Pigmented Lesion Removal
- Others
Dermatology
Devices End-Use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Clinics
- Others
Dermatology
Devices Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Netherlands
- Belgium
- Switzerland
- Asia Pacific
- Japan
- China
- India
- Thailand
- South Korea
- Indonesia
- Singapore
- Malaysia
- Australia
- Philippines
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- MEA
- South Africa
- Saudi Arabia
- UAE
- Israel
- Turkey
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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