Dermatology Treatment Devices Market is Forecasted to Reach CAGR of 15.63% by 2029
Global Dermatology Treatment Devices Market research report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in the report as required to define the topic and give maximum information for better decision making. The statistical and numerical data collected to generate this report is mostly denoted with the graphs, tables and charts as required which make this report more users friendly. To thrive in the global market place, choosing an excellent Global Dermatology Treatment Devices Market report which includes market analysis based on regional and global level is imperative.
Data Bridge Market Research analyses that the dermatology treatment devices market is expected to reach the value of USD 17,786.65 million by the year 2029, at a CAGR of 15.63% during the forecast period. Technological advancements in products and procedures, rising incidence of skin disorders, rising healthcare expenditure, and an ageing global population will all contribute to the market’s growth.
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Market Overview:
Skin disease is one of the leading causes of the growing global disease burden, affecting millions of people around the world. Aging, as well as environmental and genetic factors, contribute to the development of a wide range of skin diseases. Melanoma and non-melanoma skin cancers are becoming increasingly common. As a result, there has been a consistent rise in the number of skin problems over the last few years, which may aid in the overall market’s growth.
Dermatology is a distinct field of medicine that focuses on skin conditions. Medicine also includes conditions that affect your nails, hair, and the delicate lining of your eyelids, nose, and mouth, in addition to your skin. Your skin is the largest organ in your body. It is made up of nerve endings, sweat glands, hair follicles, pores, blood vessels, and a variety of other structures.
Drivers
- The rise in the cases of dermatological diseases
The increase in the prevalence of diseases requiring surgical treatment, particularly minimally invasive surgery (MIS), is attributed to market growth, which will help the dermatology devices market gain traction in the coming years. Furthermore, the rising prevalence of skin disorders, which necessitate the use of dermatology devices to manage the condition, is expected to propel the market to higher revenue shares.
The increase in the healthcare spending
The rising prevalence of conditions such as psoriasis, acne, and other skin disorders is expected to boost market revenue during the forecast period. Increased healthcare spending, which can be used to treat skin conditions, would aid the market’s growth during the forecast period. Furthermore, the increased need for aesthetic improvement, which necessitates the use of dermatology devices, fuels market growth.
- Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the dermatology treatment devices market.
Recent Development
- Lancer Skincare announced the release of its first skincare exfoliating device, the Pro Polish Microdermabrasion Device, in July 2020. By delivering surface-layer microdermabrasion in a patented, handheld device, Pro Polish improves the efficacy of the Lancer routine.
- 3Derm Systems, Inc. (3Derm) announced in January 2020 that it had received two FDA Breakthrough Device designations for 3DermSpot, an algorithm that uses artificial intelligence (AI) and highly standardised skin images to detect melanoma, squamous cell carcinoma, and basal cell carcinoma autonomously.
Some of the major players operating in the dermatology treatment devices market are
- Agfa-Gevaert Group (Belgium)
- Carl Zeiss AG (Germany)
- MELA Sciences, Inc. (US)
- Hologic, Inc. (US)
- Illumina, Inc. (US)
- Spindletop Capital (US)
- Heine Optotechnik (Germany)
- GENERAL ELECTRIC COMPANY (US)
- Koninklijke Philips N.V. (Netherlands)
- Leica Microsystems (Germany)
- Bruker (US)
- Solta Medical (US)
- CANDELA CORPORATION (US)
- Ambicare Health (UK)
- Siemens Healthcare Private Limited (Germany)
- Welch Allyn (US)
- CANON MEDICAL SYSTEMS CORPORATION (Japan)
- Galderma laboratories (US)
- Michelson Diagnostics Inc. (UK)
- Canfield Scientific, Inc. (US)
To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@ https://www.databridgemarketresearch.com/reports/global-dermatology-treatment-devices-market?Shri
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Top Key Topics Covered:
- Strategic Imperatives
- Factors Creating Pressure on Growth
- The Strategic Imperative
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Scope and Segmentation
- Research Context and Scope of Analysis
- Segmentation
- Other Techniques for This Research Report Management
- Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
- Introduction
- The Impact of the COVID-19 Pandemic and Post
- Future Growth
- Innovation Ecosystem
Continued…
Dermatology Treatment Devices Market Scope
Type
- Lasers
- Light therapy devices
- Cryotherapy devices
- Microdermabrasion devices
- Energy based therapies
- Micro needling
On the basis of type, the dermatology treatment devices market is segmented into lasers, light therapy devices, cryotherapy devices, microdermabrasion devices, energy-based therapies devices and micro needling.
Application
- Skin rejuvenation
- Hair removal
- Psoriasis
- Scar
- Skin resurfacing
- Skin lesion
- Warts and skin tags
- Pigmented and vascular
- Lesion removal
- Acne
- Tattoo removal
- hyperhidorosis
- others
On the basis of application, the dermatology treatment devices market is segmented into skin rejuvenation, hair removal, psoriasis, scar, skin resurfacing, skin lesion, warts & skin tags, pigmented and vascular, lesion removal, acne, tattoo removal, hyperhidrosis and others.
End User
- dermatology clinic
- surgical centres
- Hospitals
- Spa clinics
Dermatology treatment devices market has also been segmented based on the end user into hospitals, spa clinics, dermatology clinics, surgical centers and others.
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-dermatology-treatment-devices-market&Shri
Some of the Most Important Questions Scrutinized in the Business Intelligence Report:
- What are the key growth parameters for this global market during the forecast period?
- Which key players are expected to hold the largest market share over the forecast period?
- Who are the leading vendors and manufacturers in this market?
- What are the key strategies adopted by leading players in the market for business development and geographical expansion?
- Which end-use industries can trigger high demand in the market over the forecast period?
- What are the key segments in this market?
- Which regional player will have anticipated leading the global market in terms of size?
- What is the impact of the novel coronavirus pandemic?
- Which obstacles must new players overcome in order to occupy a major position?
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