Global Dermatology Devices Market Analysis by Component, Application, End Users, Region and segments forecast till 2033
Market Overview
The global dermatology devices market was worth USD 10,200.01 Million in 2022, and is projected to reach a valuation of USD 18,327.31 Million by 2033, amplifying at a CAGR of 7.6% over 2023-2033.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 10,200.01 Million |
Market Forecast in 2033 | USD 18,327.31 Million |
CAGR % 2023-2033 | 7.6% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product, end-user industry, company share, company heatmap, company Capacity Technology Product capacity, growth factors and more |
Key Companies | Cutera, Inc., Alma Lasers, Ltd., Cynosure, Inc., Lumenis, Ltd., Bausch Health Companies Inc., DermLite , Bruker Corporation, Carl Zeiss, Genesis Biosystems, Inc., Heine Optotechnik GmbH & Co. Kg, Michelson Diagnostics, Ltd, Photomedex, Inc., CANDELA CORPORATION, Syneron Medical Ltd, Canfield Scientific, Inc., Aesthetic Group, Ambicare Health, Image Derm, Inc., Amd Global Telemedicine Inc., Applisonix Ltd., and others |
Global Dermatology devices market- Description
Dermatology devices are referred to a wide array of tools and equipment used to diagnose and treat skin related ailments or disorders. These devices are predominantly utilized to carry out cosmetic procedures along with skin biopsy, topical chemotherapy, cyst excision, and curettage, among others. The most commonly used dermatology tools are dermatoscope, scalpel, lasers, and dermal biopsy punch. Apart from devices, various innovative technologies like the imaging technique are used in this field. The increasing pervasiveness of skin ailments, technological advancements in the field, and growing per capita income of individuals are primarily fueling the market growth.
Additionally, rise in geriatric population which is highly prone to skin related disorders and increasing cognizance about aesthetic skin treatment procedures are positively swaying the industry dynamics. Besides, surging beauty consciousness of the masses and shifting inclination towards minimally invasive cosmetic procedures are adding momentum to the market progression.
Also, the increasing prevalence of skin cancer across the globe is augmenting the industry outlook. Citing an instance, as per the study by Skin Cancer Foundation, nearly 10,130 people in the U.S. lose their lives every year due to melanoma. Moreover, growing focus of manufacturers and researchers to develop innovative and efficient equipment is creating an upward trend for this market sphere.
On the contrary, high costs pertaining to certain cosmetic procedures is hampering the industry remuneration scope. Furthermore, the COVID-19 pandemic emergence had an adverse impact on the market development. Supply chain disruptions caused by travel bans and stringent lockdowns decreased the demand for dermatology devices worldwide.
Global dermatology devices market- Key trends
· Growing prevalence of skin disorders to aid market expansion
There has been a rapid increase in the occurrence of skin disorders across the globe. Factors like improper diet, environmental pollution, and unhealthy lifestyle habits are the primary causes behind skin disorders. Acne, eczema, vitiligo, seborrheic dermatitis, and hives, among others are the most commonly occurring skin ailments across the globe. Patients are opting for various dermatological procedures for the treatment of these skin related ailments. This in turn is creating lucrative opportunities for the market to prosper.
· Increase in geriatric population to augment industry outlook
The aging population is highly prone to skin issues due to various factors. As the skin grows old, it automatically starts losing its elasticity, thickness, and other vital skin minerals. Therefore, elderly people have a higher chance of developing acute skin infections and other disorders. This in turn is increasing the demand for a wide array of dermatological treatment options, thereby stimulating the overall market outlook.
Global dermatology devices market- Segmental analysis
By diagnostic devices type
• Imaging Devices
• Dermatoscopes
• Microscopes
The dermatoscopes segment is poised to garner notable gains over 2022-2030 ascribing to the integration of innovative technologies in the field of dermatology.
By diagnostic devices treatment devices application
• Skin cancer diagnosis
• Other
The skin cancer diagnosis segment is slated to capture a high revenue share over the assessment timeframe. This is attributed to the growing pervasiveness of skin cancer worldwide.
By treatment devices type
• Light therapy devices
• Lasers
• Electrosurgical Equipment
• Liposuction Devices
• Microdermabrasion Devices
• Cryotherapy Devices
The lasers segment is expected to amplify substantially over the forecast period owing to the launch of novel technologies in the laser devices category.
By Application
• Vascular Lesions
• Acne, Psoriasis, and Tattoo Removal
• Hair Removal
• Wrinkle Removal
• Body Contouring and Fat Removal
• Others
The wrinkle removal segment is slated to amplify considerably over the stipulated timeline due to a rapid rise in elderly populace across the globe.
Global dermatology devices market- Geographical landscape
The major regions constituting the geographical terrain of this business sphere are North America, Middle East & Africa, Europe, Latin America, and Asia Pacific. Among these, North America is projected to showcase lucrative expansion trends over 2023-2033. This is attributable to the growing pervasiveness of skin cancer, increase in healthcare expenditure, and widespread availability of affordable skin treatment options.
Global Dermatology devices market- Recent Developments
· In 2020, Lumenis Ltd. announced the launch of its new PiQo4 laser system, which is designed for the removal of tattoos, pigmented lesions, and skin rejuvenation.
· In 2021, Valeant Pharmaceuticals International, Inc. announced a new partnership with Aclaris Therapeutics, Inc. to develop and commercialize a new treatment for seborrheic keratosis, a common skin condition.
· In 2022, Alma Lasers Ltd. announced the launch of its new Soprano Titanium laser hair removal system, which is designed to provide fast and painless hair removal for all skin types.
Global Dermatology devices market: Key Companies
· Cutera, Inc.
· Alma Lasers, Ltd.
· Cynosure, Inc.
· Lumenis, Ltd.
· Bausch Health Companies Inc.
· DermLite
· Bruker Corporation
· Carl Zeiss
· Genesis Biosystems, Inc.
· Heine Optotechnik GmbH & Co. Kg
· Michelson Diagnostics, Ltd
· Photomedex, Inc.
· CANDELA CORPORATION
· Syneron Medical Ltd
· Canfield Scientific, Inc.
· Aesthetic Group
· Ambicare Health
· Image Derm, Inc.
· Amd Global Telemedicine Inc.
· Applisonix Ltd.
· Others
Global Dermatology devices market: Regional Scope
North America
· U.S.
· Canada
· Mexico
Europe
· U.K.
· Germany
· France
· Italy
· Spain
· Rest of Europe
Asia Pacific
· China
· India
· Japan
· South Korea
· Australia
· Rest of Asia Pacific
South America
· Brazil
· Argentina
· Rest of South America
Middle East and Africa
· Saudi Arabia
· UAE
· Egypt
· South Africa
· Rest of Middle East and Africa
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Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
1. Global Dermatology Devices Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Dermatology Devices Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million)
1.4. Global Dermatology Devices Market Scope and Market Estimation
1.4.1. Global Dermatology Devices Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Dermatology Devices Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Dermatology Devices Market Segmentation
1.5.1. Diagnostic Devices Type of Global Dermatology Devices Market
1.5.2. Diagnostic Devices Treatment Devices Application of Global Dermatology Devices Market
1.5.3. Treatment Devices Type of Global Dermatology Devices Market
1.5.4. Treatment Devices Application of Dermatology Devices Market
1.5.5. Key Regions of Dermatology Devices Market
2. Global Dermatology Devices Market - Executive Summary
2.1. Global Dermatology Devices Market – Summary & Snapshot
2.2. Global Dermatology Devices Market, By Diagnostic Devices Type (US$ Million)
2.3. Global Dermatology Devices Market, By Diagnostic Devices Treatment Devices Application (US$ Million)
2.4. Global Dermatology Devices Market, By Treatment Devices Type (US$ Million)
2.5. Global Dermatology Devices Market, By Treatment Devices Application (US$ Million)
2.6. Global Dermatology Devices Market, By Geography (US$ Million)
2.7. Global Dermatology Devices Market Outlook & Future Opportunities
3. Dermatology Devices Market Trends, Outlook, and Factors Analysis
3.1. Global Dermatology Devices Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Dermatology Devices Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Dermatology Devices Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. The rising Incidence of Skin disorders and Increasing Awareness on Aesthetic procedures is some of the reasons for the market to grow.
3.2.2. Restraints
3.2.2.1. Stringent Regulatory Policies by regulators and Uncertainties of the end results are some of the restraints for Dermatology Devices Market.
3.2.3. Opportunities
3.2.3.1. Emerging economies are some the markets it can grow in forecasted period of time.
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Dermatology Devices Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Dermatology Devices Market
3.9.1. By Diagnostic Devices Type
3.9.2. By Diagnostic Devices Treatment Devices Application
3.9.3. By Treatment Devices Type
3.9.4. By Treatment Devices Application
3.9.5. By Regions
4. Global Dermatology Devices Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Dermatology Devices Market, 2020 – 2021 (US$ Million)
4.2. Global Dermatology Devices Market, By Diagnostic Devices Type, 2020 To 2021 (US$ Million)
4.3. Global Dermatology Devices Market, By Diagnostic Devices Treatment Devices Application, 2020 To 2021 (US$ Million)
4.4. Global Dermatology Devices Market, By Treatment Devices Type, 2020 To 2021 (US$ Million)
4.5. Global Dermatology Devices Market, By Treatment Devices Application 2020 To 2021 (US$ Million)
4.6. Global Dermatology Devices Market, By Region, 2020 To 2021 (US$ Million)
5. Global Dermatology Devices Market Estimates & Forecast Trend Analysis, by Diagnostic Devices Type
5.1. Global Dermatology Devices Market Share (%) Estimates and Forecasts, by Diagnostic Devices Type, 2022 & 2033
5.2. Global Dermatology Devices Market Revenue (US$ Million) Estimates and Forecasts, by Diagnostic Devices Type, 2022 to 2033
5.2.1. Imaging Devices
5.2.2. Dermatoscopes
5.2.3. Microscopes
6. Global Dermatology Devices Market Estimates & Forecast Trend Analysis, by Diagnostic Devices Treatment Devices Application
6.1. Global Dermatology Devices Market Share (%) Estimates and Forecasts, By Diagnostic Devices Treatment Devices Application, 2022 & 2033
6.2. Global Dermatology Devices Market Revenue (US$ Million) Estimates and Forecasts, by Diagnostic Devices Treatment Devices Application, 2022 to 2033
6.2.1. Skin Cancer Diagnosis
6.2.2. Other Diagnostic Device Applications
7. Global Dermatology Devices Market Estimates & Forecast Trend Analysis, by Treatment Devices Type
7.1. Global Dermatology Devices Market Share (%) Estimates and Forecasts, By Treatment Devices Type, 2022 & 2033
7.2. Global Dermatology Devices Market Revenue (US$ Million) Estimates and Forecasts, by Treatment Devices Type, 2022 to 2033
7.2.1. Light Therapy Devices
7.2.2. Lasers
7.2.3. Electrosurgical Equipment
7.2.4. Liposuction Devices
7.2.5. Microdermabrasion Devices
7.2.6. Cryotherapy Devices
8. Global Dermatology Devices Market Estimates & Forecast Trend Analysis, by Treatment Devices Application
8.1. Global Dermatology Devices Market Share (%) Estimates and Forecasts, By Treatment Devices Application, 2022 & 2033
8.2. Global Dermatology Devices Market Revenue (US$ Million) Estimates and Forecasts, by Treatment Devices Application, 2022 to 2033
8.2.1. Vascular Lesions
8.2.2. Acne, Psoriasis, and Tattoo Removal
8.2.3. Hair Removal
8.2.4. Wrinkle Removal
8.2.5. Body Contouring and Fat Removal
8.2.6. Other Treatment Device Applications
9. Global Dermatology Devices Market Analysis and Forecast, by Region
9.1. Global Dermatology Devices Market Share (%) Estimates and Forecasts, By Region, 2022 & 2033
9.2. Global Dermatology Devices Market Revenue (US$ Million) Estimates and Forecasts, By Region, 2022 To 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
10. North America Dermatology Devices Market: Estimates & Forecast Trend Analysis
10.1. North America Dermatology Devices Market Assessments & Key Findings
10.2. North America Dermatology Devices Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Dermatology Devices Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
10.3.1. By Diagnostic Devices Type
10.3.2. By Diagnostic Devices Treatment Devices Application
10.3.3. By Treatment Devices Type
10.3.4. By Treatment Devices Application
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
11. Europe Dermatology Devices Market: Estimates & Forecast Trend Analysis
11.1. Europe Dermatology Devices Market Assessments & Key Findings
11.2. Europe Dermatology Devices Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Dermatology Devices Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
11.3.1. By Diagnostic Devices Type
11.3.2. By Diagnostic Devices Treatment Devices Application
11.3.3. By Treatment Devices Type
11.3.4. By Treatment Devices Application
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
12. Asia Pacific Dermatology Devices Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Dermatology Devices Market Assessments & Key Findings
12.2. Asia Pacific Dermatology Devices Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Dermatology Devices Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
12.3.1. By Diagnostic Devices Type
12.3.2. By Diagnostic Devices Treatment Devices Application
12.3.3. By Treatment Devices Type
12.3.4. By Treatment Devices Application
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
13. Middle East & Africa Dermatology Devices Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Dermatology Devices Market Assessments & Key Findings
13.2. Middle East & Africa Dermatology Devices Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Dermatology Devices Market Size Estimates and Forecast (US$ Million) (2022 To 2033)
13.3.1. By Diagnostic Devices Type
13.3.2. By Diagnostic Devices Treatment Devices Application
13.3.3. By Treatment Devices Type
13.3.4. By Treatment Devices Application
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
14. Latin America Dermatology Devices Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Dermatology Devices Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Dermatology Devices Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
14.3.1. By Diagnostic Devices Type
14.3.2. By Diagnostic Devices Treatment Devices Application
14.3.3. By Treatment Devices Type
14.3.4. By Treatment Devices Application
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
15. Competitive Landscape
15.1. Dermatology Devices Market Revenue Share Analysis (%), By Major Players (2021)
15.2. Dermatology Devices Market Competition Matrix, By Leading Players
15.3. Dermatology Devices List of Emerging, Prominent & Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, Etc.
16. Company Profiles
16.1. Alma Lasers, Ltd
16.1.1. Company Overview & Insights
16.1.2. Financial PerDiagnostic Devices Treatment Devices Applicationance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. Cutera, Inc.
16.3. Cynosure, Inc.
16.4. Lumenis, Ltd.
16.5. Bausch Health Companies Inc
16.6. DermLite
16.7. Bruker Corporation
16.8. Carl Zeiss
16.9. Genesis Biosystems, Inc.
16.10. Heine Optotechnik GmbH & Co. Kg
16.11. Michelson Diagnostics, Ltd
16.12. Photomedex, Inc
16.13. CANDELA CORPORATION
16.14. Syneron Medical Ltd
16.15. Canfield Scientific, Inc.
16.16. Aesthetic Group
16.17. Ambicare Health
16.18. Image Derm, Inc
16.19. Amd Global Telemedicine Inc
16.20. Applisonix Ltd
16.21. Others
17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Diagnostic Devices Types
17.13. Assumptions
17.14. Limitations
18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts
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