Dermatology Devices Market 2020 By Revenue, Top Trend & Regional Growth Forecast
Category: #business  By Ronak Bora  Date: 2021-03-30
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Dermatology Devices Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Dermatology Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Growing health awareness, increased access to dermatologists, and favorable demographic trends are the key factors driving global dermatology devices market outlook. Rising prevalence of skin diseases such as eczema, acne, psoriasis, scars and other skin related diseases along with growing consciousness regarding physical and aesthetic awareness is resulting in rise in dermatology services.

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In the U.S, the anti-aging sector makes up for nearly half the beauty market. Moreover, availability of health insurance covers like PPACA (The Patient Protection & Affordable Care Act) in country will also boost dermatology devices adoption.

The availability of technically advanced skin diagnosis and therapeutics devices like non-invasive cosmetic refinement procedures and consumer awareness regarding these treatments will drive the demand for dermatology products over the coming years. Reportedly, global dermatology devices market size will exceed USD 20 billion in terms of annual remunerations by 2025.

In terms of segmentation by product type, the treatment devices segment is poised to exhibit a CAGR of 12.5% through 2025. The segmental growth can be attributable to shifting preference towards technically advanced dermatological treatment.

Furthermore, high proficiency of these devices in skin care, coupled with the strong occurrence of skin disorders, will push the demand for dermatology devices in years to come.

The dermatology devices market from the treatment devices segment is further bifurcated into lasers, microdermabrasion devices, LED therapy, electrosurgical equipment, cryotherapy devices, and liposuction devices. Of these, the lasers segment is anticipated to account for a large portion of the product sales over the forecast spell, owing to its rapid adoption in various applications such as skin tightening and unwanted hair, wrinkles, age spots, & fine lines removal.

The global market has witnessed a rapid advancement in lasers & energy-based devices in dermatology. Dermatology has recently been benefited by excimer lasers as its high-power UV output significantly aids in the treatment of various dermatological conditions such as leukoderma, alopecia areata, atopic dermatitis, vitiligo, and psoriasis.

With regards to the application spectrum, the global dermatology devices market from the skin rejuvenation segment registered remuneration worth $2 billion in 2018 and is set to depict a considerable CAGR through 2025. Increasing number of ageing population and the capability to enhance skin texture and tone via dermatology instruments are key factors bolstering the growth of the segment.

Despite the myriad benefits of using dermatology equipment in treating different types of skin diseases, the global market is also encountering several restraining factors such as multiple side-effects related to the skin treatments as well as high costs associated with dermatologic care services.

From a regional perspective, the Europe dermatology devices market held a 27% market share in 2018 and is anticipated to expand at a significant growth rate through 2025, due to the rapid advancements of healthcare infrastructure and adoption of innovative dermatology equipment in the region. Moreover, increasing awareness about the availability of advanced skin diagnosis and treatment solutions will further propel the regional market growth in the foreseeable future.

The competitive landscape of the dermatology devices market comprises of companies such as Cutera, Hologic, Solta Medical, Dansys, Michelson Diagnostics, Amd Global Telemedicine, Ellipse, Cortex Technology, Biolitec, Genesis Biosystems, 3Gen, and Alma Lasers, among others. These companies are focusing on gaining lucrative growth opportunities and expanding their stance in the global market through varied strategies such as new product launches, M&A, and business expansion.

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/dermatology-devices-market

Partial Chapter of the Table of Content 

Chapter 4. Dermatology Devices Market, By Product Type

4.1. Key segment trends

4.2. Diagnostic devices

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.2. Imaging devices

4.2.2.1. Market size, by region, 2014-2025 (USD Million)

4.2.3. Dermatoscopes

4.2.3.1. Market size, by region, 2014-2025 (USD Million)

4.2.4. Biopsy devices

4.2.4.1. Market size, by region, 2014-2025 (USD Million)

4.3. Treatment devices

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.2. Light therapy devices (LED therapy)

4.3.2.1. Market size, by region, 2014-2025 (USD Million)

4.3.3. Lasers

4.3.3.1. Market size, by region, 2014-2025 (USD Million)

4.3.4. Microdermabrasion devices

4.3.4.1. Market size, by region, 2014-2025 (USD Million)

4.3.5. Cryotherapy devices

4.3.5.1. Market size, by region, 2014-2025 (USD Million)

4.3.6. Electrosurgical equipment

4.3.6.1. Market size, by region, 2014-2025 (USD Million)

4.3.7. Liposuction devices

4.3.7.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Dermatology Devices Market, By Application

5.1. Key segment trends

5.2. Skin cancer

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Skin rejuvenation

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Hair removal

5.4.1. Market size, by region, 2014-2025 (USD Million)

5.5. Body contouring and skin tightening

5.5.1. Market size, by region, 2014-2025 (USD Million)

5.6. Psoriasis

5.6.1. Market size, by region, 2014-2025 (USD Million)

5.7. Others

5.7.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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