Registering a CAGR of 10.4% over the forecast period, the market value of Dermatology Devices is expected to reach US$ 22000 million in the year 2027.
Dermatology instruments are used to diagnose and treat skin conditions. Dermatology is concerned with significant skin problems, structure, functions, and diseases, as well as cosmetic concerns.
The dermatology devices market is expected to grow rapidly as the prevalence of skin cancer and other skin diseases rises, contributing significantly to the high demand for dermatology devices. Furthermore, growing awareness of cosmetic procedures to improve aesthetic appeal, as well as technological advancements in dermatology devices, drive device adoption. The rise in disposable income is driving the dermatology device market.
Furthermore, the introduction of advanced dermatology devices for the removal of age spots or dark marks is expected to drive product demand during the forecast period. Microdermabrasion, for example, is used to renew the overall skin tone and reduce scarring, wrinkles, and other skin-related conditions. The growing awareness of these procedures is expected to drive demand for dermatology procedures, which in turn will drive demand for dermatology devices.
The report aspects discussed the profile of the top manufacturers of the global Dermatology Devices market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Dermatology Devices Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Dermatology Devices includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Alma Lasers, Ltd., CuterA (NASDAQ: CUTR), Cynosure, Lumenis, Ltd., Valeant Pharmaceuticals International, 3Gen, Bruker Corporation (NASDAQ: BRKR), Carl Zeiss, Genesis Biosystems, Heine Optotechnik GmbH & Co. Kg, Michelson Diagnost, Photomedex and others.
In December 2021--Obagi, a science-based skincare company that has been a leader in professional skin care products for over 30 years, announced the official launch of the Skintrinsiq device, the company's first foray into the complimentary skincare device market.
Casio will release DERMOCAMERA(TM), which will allow dermatologists to capture close-up and normal shots of affected areas with a single device.
26 January 2021 — Casio Computer Co., Ltd. announced the upcoming release of the DZ-D100 DERMOCAMERA, which allows for close-up shots with the lens directly touching the skin as well as regular shots, all with a single camera. Casio's new product is the result of collaborative research with Chiba University. Casio will also release D'z IMAGE Viewer, a PC software application developed with Shinshu University that facilitates image management, as well as the lightweight DZ-S50 dermoscope, which is equipped with a wide-aperture 40.5mm diameter lens that allows for observation of larger areas of skin and was developed with Chiba University.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
In terms of revenue share, the Lasers segment dominated the global dermatology devices market and is expected to continue to dominate during the forecast period, registering a higher CAGR. Radio frequency beauty equipment is included in the RF Devices segment, which is expected to grow at a growing CAGR in terms of value over the forecast period.
North America has taken the lion's share of the market. Because of the rising prevalence of skin cancer and other skin diseases such as eczema and rosacea, this trend is likely to continue. Skin cancer cases are on the rise in the United States as well. According to Skincare Foundation data, one in every five Americans will develop skin cancer by the age of 70 in 2020. Every hour, more than two people in the United States die from skin cancer. Melanoma has a 5-year survival rate of 99 percent when detected early. As a result, the rising prevalence of skin cancer and other skin diseases significantly contributes to the high demand for dermatology devices.
The Dermatology Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Dermatology Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Dermatology Devices Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Dermatology Devices Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Dermatology Devices Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: CuterA (NASDAQ: CUTR), Bruker Corporation (NASDAQ: BRKR), Alma Lasers Ltd. |
Forecast Period 2022 to 2027 CAGR | CAGR of 10.4% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Alma Lasers, Ltd., CuterA, Cynosure, Lumenis, Ltd., Valeant Pharmaceuticals International, 3Gen, Bruker Corporation, Carl Zeiss, Genesis Biosystems, Heine Optotechnik GmbH & Co. Kg, Michelson Diagnost, Photomedex |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Dermatology Devices Market is studied from 2017 - 2027.
What is the growth rate of the Dermatology Devices Market?
The Dermatology Devices Market is growing at a CAGR of 10.4% over the next 5 years.
Who are the key players in Dermatology Devices Market?
Alma Lasers, Ltd., CuterA, Cynosure, Lumenis, Ltd., Valeant Pharmaceuticals International, 3Gen, Bruker Corporation, Carl Zeiss, Genesis Biosystems, Heine Optotechnik GmbH & Co. Kg, Michelson Diagnost, Photomedex
What regions does this Dermatology Devices Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Dermatology Devices Market?
Light Therapy Devices, Lasers, Electrosurgical Equipment, Liposuction Devices, Microdermabrasion Devices, Cryotherapy Devices
What are the major end-use applications of Dermatology Devices Market?
Hair Removal, Skin Rejuvenation, Acne, Psoriasis, and Tattoo Removal, Wrinkle Removal and Skin Resurfacing, Body Contouring and Fat Removal, Vascular and Pigmented Lesion Removal, Warts, Skin Tags, and Weight Management, Other Treatment Applications
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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