Fort Collins, Colorado, Sept. 15, 2023 (GLOBE NEWSWIRE) -- DataHorizzon Research Published a report titled, "Dermatology Devices Market Size, Trend, Growth, Share, Statistics Analysis Report, By Product (Diagnostic Devices, Treatment Devices), By Application (Skin Cancer, Acne, Psoriasis, Wrinkle Removal, Hair Removal, Others), By End-use By Region, And Segment Forecasts, 2023-2032.”
According to DataHorizzon Research, The dermatology devices Market was valued at USD 14.5 Billion in 2022 and is estimated to reach up to USD 45.2 Billion by 2032 with a CAGR of 12.2%. The high demand for dermatology products is primarily due to the increasing prevalence of skin cancer and other skin diseases. Additionally, people are becoming more aware of these devices' aesthetic benefits and technological advancements thereby increasing adoption.
Dealing with skin disorders can be challenging, but dermatology devices are a valuable resource for diagnosis and treatment. Skin disorders range and vary in severity and symptoms. Some skin conditions are genetic, while others might be situational. It's important to note that some skin conditions can be life-threatening, so taking them seriously is crucial.
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Report Snapshot:
| Report Title | Dermatology Devices Market |
| Market Size in 2022 | USD 14.5 Billion |
| Market Size by 2032 | USD 45.2 Billion |
| CAGR from 2023 to 2032 | 12.2% |
| Forecast Period | 2023 to 2032 |
| Largest Market | North America |
| Historic Period | 2021 |
| Base Year | 2022 |
| Report Scope & Coverage | Market Size, estimations, competitor analysis, trends, and growth factors |
| By Product | Diagnostic Devices (dermatoscopes, microscopes, other imaging devices, biopsy devices) Treatment Devices, (light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion devices, cryotherapy devices) |
| By Application | Skin cancer, vascular lesions, acne, psoriasis, wrinkle removal, skin rejuvenation, body contouring and fat removal, cellulite reduction, tattoo removal, hair removal, others. |
| By End-use | Hospitals, clinics, others |
| Region | North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. |
| Countries Covered | U.S., Canada, U.K., Germany, France, China, Japan, India, South Korea, Brazil, Mexico, The Middle-East, UAE, Saudi Arabia, South Africa |
| Major Market Players | Alma Lasers GmbH, Cutera, Inc., Bausch Health Companies Inc., Bruker Corporation, Carl Zeiss, Cynosure, Inc., Solta Medical, Inc., Syneron Medical Ltd., Canfield Scientific, Inc., 3Gen, Aesthetic Group, Ambicare Health, Image Derm, Inc., Lumenis, Ltd., Genesis Biosystems, Inc., Heine Optotechnik GmbH & Co. Kg, Michelson Diagnostics, Ltd., Photomedex, Inc. |
Segmentation Overview
The dermatology devices market has been segmented based on product, by application, by end-user and region. The treatment devices segment has become the most popular market due to its ability to provide versatile dermatological treatments. This growth can also be attributed to introduction of revolutionary laser technologies in the field of dermatology. Hair removal treatment is the leading application segment in the market. The safety and efficiency of laser devices in hair removal procedures, regardless of skin tone or hair color, have been widely recognized. Furthermore, using these devices has resulted in less painful treatment procedures.
North America accounted for the highest revenue share. This is due to the rising cases of skin cancer other skin diseases like eczema and rosacea, and the increasing popularity of cosmetic procedures. These factors have contributed significantly to the region's growth.
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Key Developments in the Dermatology Devices Market:
- Cutera's Secret DUO is a new skin revitalization platform with dual non-ablative fractional technologies for aesthetic and dermatological solutions.
- Richard Serbin, Esq. has joined IR-MED Inc.'s Advisory Board. The company uses AI-driven technology to create a non-invasive healthcare device called PressureSafe™, aiming for FDA regulatory listing and a U.S. launch.
Dermatology Devices Market Report Highlights:
- The dermatology devices market size is expected to reach at a CAGR of 4.6% by 2032. The demand for dermatology products is rising due to skin cancer and disease prevalence, aesthetic benefits, and technological advancements. Dermatology devices offer valuable diagnosis and treatment resources for various skin disorders, ranging from genetic to situational.
- The treatment devices market is booming thanks to versatile dermatological options and revolutionary laser tech. Laser hair removal is the top application, as it's safe and efficient across all skin types and hair colors.
- North America is the leading region for dermatology devices owing to the rise in skin diseases and availability of cosmetic surgeries.
- The key players in dermatology device market research report include Alma Lasers GmbH, Cutera, Inc., Bausch Health Companies Inc, Bruker Corporation, Carl Zeiss, Cynosure, Inc., Solta Medical, Inc., Syneron Medical Ltd., Canfield Scientific, Inc., 3Gen, Aesthetic Group, Ambicare Health, Image Derm, Inc., Lumenis, Ltd., Genesis Biosystems, Inc., Heine Optotechnik GmbH & Co. Kg, Michelson Diagnostics, Ltd., and Photomedex, Inc.
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Dermatology Devices Market Report Segmentation:
Dermatology Devices Market, By Product (2023-2032)
- Diagnostic Devices
- Dermatoscopes
- Microscopes
- Other Imaging Devices
- Biopsy Devices
- Treatment Devices
- Light Therapy Devices
- Lasers
- Electrosurgical Equipment
- Liposuction Devices
- Microdermabrasion Devices
- Cryotherapy Devices
Dermatology Devices Market, By Application (2023-2032)
- Skin Cancer
- Vascular Lesions
- Acne
- Psoriasis
- Wrinkle Removal
- Skin Rejuvenation
- Body Contouring and Fat Removal
- Cellulite Reduction
- Tattoo Removal
- Hair Removal
Dermatology Devices Market, By End-use (2023-2032)
- Hospitals
- Clinics
- Others
Dermatology Devices Market, By Region (2023-2032)
- North America
-
- U.S.
- Canada
- Europe
-
- U.K.
- Germany
- France
- Rest of Europe
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
-
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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