Dermatology Devices Market Focusing On The Basis Of Product, End Use, Region And Forecast 2018-2025: Grand View Research Inc.

August 12 09:00 2019
Dermatology Devices Market Focusing On The Basis Of  Product, End Use, Region And Forecast 2018-2025: Grand View Research Inc.

Grand View Research, Inc. – Market Research And Consulting
According to report published by Grand View Research, The global dermatology devices market size was valued at over USD 9.6 billion in 2017 and is expected to showcase lucrative growth over the forecast period, registering a CAGR of 13.5%.

The global dermatology devices market size is expected to reach a value of USD 25.7 billion by 2025 at a 13.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Dermatology devices are expected to grow at a faster rate due to rising concerns among people regarding esthetics. This has led to growing awareness about various types of esthetic procedures used for treating hair- and skin-related disorders. Since women are larger consumers of skin and haircare treatments, they are considered as key revenue generators for the market.

Incidence of skin disorders is continuously rising among people owing to irregular lifestyle and food habits. Psoriasis, acne, eczema, and skin lesions are some of the most common skin ailments. Melanoma is a life-threatening skin cancer, which often results due to these disorders. Dermatology diagnostic devices help in early diagnosis of such deadly cancerous diseases.

Obesity has emerged as a major cause for concern among both men and women. With fat removal procedures gaining much demand, liposuction is considered as an effective treatment option. Rise in disposable income is a key factor aiding demand for such procedures, further driving market demand. In addition, there have been several technological advancements in laser treatments and devices, making the market highly lucrative.

North America dermatology devices market size, by product, 2014 - 2025 (USD Billion)

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Key Takeways Of The Report :

  • By product, treatment devices dominated the market in 2017 due to rise in awareness among people regarding esthetics, which has led to rise in adoption of both surgical and non-surgical cosmetic procedures
  • On the basis of treatment device type, laser devices held a lucrative market share in 2017owing to its wide application in a variety of disease and cosmetic treatments
  • Based on diagnostic device application, skin cancer diagnosis has emerged asakey revenue generator owing to high diseaseprevalence, particularlymelanoma
  • By treatment device application, skin rejuvenation is expected to gain lucrative growth over the forecast period due to a large aging population base opting for these procedures
  • On the basis of end use, hospitals held a significant share in 2017. This can be attributed to rise in adoption of advanced infrastructure and enhanced services in these settings
  • North America dominated the global market in 2017 owing to growing awareness regarding esthetic appeal, higher disposable income, and greater availability of advanced treatment and surgical procedures
  • Some of the key players in the market are 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.

U.S. dermatology devices market share, by end use, 2017 (%)

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Grand View Research has segmented the global dermatology devices market on the basis of product, end use, and region:

Dermatology Devices Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Diagnostic
  • Treatment

Dermatology Diagnostic Devices Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Dermatoscopes
  • Microscopes
  • Other Imaging Devices
  • Biopsy Devices

Dermatology Diagnostic Devices Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Skin Cancer Diagnosis
  • Others

Dermatology Treatment Devices Type Outlook (Revenue, USD Million, 2014 – 2025)

  • Light Therapy Devices
  • Lasers
  • Electrosurgical Equipment
  • Liposuction Devices
  • Microdermabrasion Devices
  • Cryotherapy Devices

Dermatology Treatment Devices Application Outlook (Revenue, USD Million, 2014 – 2025)

  • 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, 2014 – 2025)

  • Hospitals
  • Clinics
  • Others

Dermatology Devices Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.


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