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Dermatology Devices Market worth $11,337.0 Million by 2019

Growth in dermatology devices market can be attributed to the rising incidence of skin disorders and increasing awareness of aesthetic procedures

Geographic analysis reveals that North America accounted for the largest share of the global dermatology devices market in 2014
— MarketsandMarkets
PRESTON ROAD, DE, US, February 12, 2015 /EINPresswire.com/ -- The report “Dermatology Devices Market by Diagnostic Devices (Dermatoscope, Microscope, Imaging Techniques), by Treatment Devices (Liposuction, Microdermabrasion, Lasers), by Application (Cancer Diagnosis, Acne, Psoriasis, Hair Removal) - Global Forecast to 2019” report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global dermatology devices market along with the estimates and forecasts of the revenue and market share analysis.

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The global dermatology devices market is expected to reach $11,337.0 million by 2019 from $6,578.23 million in 2014, growing at a CAGR of 11.50%.

Rising incidence of skin disorders and increasing awareness for aesthetic procedures are the primary growth drivers for this market during the forecast period (2014–2019). Moreover, technological advancements and increasing healthcare expenditure are also expected to drive market growth. However, reimbursement issues and stringent regulatory policies for medical devices may hinder the growth of this market.

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The global dermatology devices market is segmented on the basis of applications and products. On the basis of products, the market is segmented into diagnostic and treatment devices. The diagnostic devices product segment is further subsegmented into dermatoscopes, microscope, and imaging techniques. Of these, the imaging techniques subsegment accounted for the largest share of the global dermatology diagnostic devices market in 2014. On the other hand, the treatment devices product segment is subsegmented into light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion, and cryotherapy devices.

By application, the market is divided into diagnostic applications and treatment applications. The diagnostic applications are further segmented into skin cancer diagnosis and other diagnostic applications; whereas the treatment applications include hair removal, skin rejuvenation, pigmented lesions, vascular lesions, wrinkle removal, skin resurfacing, acne, psoriasis, tattoo removal, and other treatment applications. Of these, the skin cancer diagnosis and hair removal application segments accounted for the largest share of the global dermatology diagnostic and treatment devices application market in 2014, respectively.

The geographic segments included in this report are Asia, Europe, North America, and Rest of the World (RoW). North America includes Canada and the U.S. The Asian segment is further divided into China, India, Japan, and Rest of Asia.

The major players of this market are 3Gen Inc., (U.S.) Alma Lasers, Ltd. (Israel), Bruker Corporation (U.S.), Carl Zeiss (Germany), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), Genesis Biosystems, Inc. (U.S.), HEINE Optotechnik GmbH & Co. KG (Germany), Lumenis Ltd. (Israel), Michelson Diagnostics (U.K.), PhotoMedex, Inc. (U.S.), and Solta Medical, Inc. (U.S.).

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