The Dermatology Devices Market analysis is provided for the international market. It examines development history, competitive landscape analysis, and major regional development status, segmentation with product type and application.
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Global Dermatology Devices Market Overview
The global dermatology devices market size is estimated to be over USD 20.1 billion by 2025. Incidence of various skin disorders such as psoriasis, acne, melanoma and vascular lesions is rising due to pollution across the world.
In addition, increasing application areas for dermatology devices and increased awareness of such disorders are some of the prime factors supporting the growth of the global dermatology devices market. Driven by the factors mentioned above, the global dermatology devices market is expected to grow at a CAGR of 11.4% between 2018 and 2025.
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With increasing number of people diagnosed with skin disorders and more number of people preferring minimally invasive cosmetic surgeries, the demand for dermatology treatment and diagnostic devices is increasing. LED light therapy devices market accounted for the largest share of the dermatology treatment devices.
The dominance of this market segment was due to increasing incidences of skin disorders such as pigment lesion, skin cancer and vascular lesion. With the increasing number of aesthetic procedures and demand for less invasive surgeries, the market for treatment devices is increasing.
Melanoma is the leading type of skin cancer and one of the main causes of death due to skin diseases. The incidence of melanoma and non-melanoma skin cancer is grouped by race and climate and is the highest amongst the fair skinned races.
The risk of melanoma increases with the white skinned people and their proximity to the equator.
Global Dermatology Devices Market Top Player’s
Heine, 3Gen LLC, Welch Allyn, Carl Zeiss, Hitachi, Leica Microsystems, Olympus, Michelson Diagnostics, GE Healthcare, Phillips Healthcare, Toshiba Medical Systems, Palomar Medical technologies, Ellipse A/S, Heine, Genesis Biosystems, Syneron Medical, Alma Lasers Ltd., and Siemens Medical Systems.
Geographically, in 2017 North America dominated the global dermatology devices market majorly due to increasing number of people diagnosed with skin diseases, increasing incidence of skin disorders and growing awareness for skin diseases and rising preference for minimally invasive surgeries. In addition, technological advancements in the field of deramtology devices such as portability, minimal incision and precision also support the growth of the North America dermatology devices market.
The Asia-Pacific and South America, Middle-East and Africa dermatology devices market are identified as a lucrative market owing to factors such as growing demand for low cost devices and key players establishing their presence in these markets lured by rising number of people suffering from skin disorders.
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global dermatology devices industry.
- We have been following the overall segmentation of dermatology devices market. Increasing number of people diagnosed with skin diseases and technological advancements are expected to drive the market growth.
- Rising awareness and increasing disposable income are also the prominent factors supporting the growth of the global dermatology devices market.
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Key segments of the global dermatology devices market
Device Type Overview, 2015-2025 (USD Million)
- Diagnostic Devices
- Imaging Devices
- Treatment Devices
- Electrosurgery Equipment
- Cryotherapy Devices
- LED Light Therapy Devices
- Liposuction Devices
Regional Overview, 2015-2025 (USD Million)
- North America
- Asia Pacific
- South America, Middle-East & Africa
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