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The Global Dermatology Devices Market to Grow at a Significant CAGR of 12.47% During the Forecast Period (2022–2027) | DelveInsight

As per DelveInsight analysis in the dermatology devices market, the rise in the prevalence of skin cancer, and the increasing awareness on skin care are likely to propel the global dermatology devices market.

/EIN News/ -- New York, USA, Aug. 09, 2022 (GLOBE NEWSWIRE) -- The Global Dermatology Devices Market to Grow at a Significant CAGR of 12.47% During the Forecast Period (2022–2027) | DelveInsight

As per DelveInsight analysis in the dermatology devices market, the rise in the prevalence of skin cancer, and the increasing awareness on skin care are likely to propel the global dermatology devices market.

DelveInsight's Dermatology Devices Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies’ market shares, challenges, dermatology devices market drivers, barriers, and trends, and key dermatology devices companies in the market.

Key Takeaways from the Dermatology Devices Market Report

  • As per DelveInsight analysis, North America is anticipated to dominate the global dermatology devices market during the forecast period. 
  • Leading dermatology devices companies such as Candela Medical, Alma Lasers, STRATA Skin Sciences, WON TECH Co., Ltd, Lumenis Be Ltd., Aesthetic Group,  LUSTRE® ClearSkin, Michelson Diagnostics Ltd. (MDL), HEINE Optotechnik GmbH & Co. KG,  DermLite, PhotoMedex, Genesis Biosystems, Inc, Cynosure, Canfield Scientific, Inc, Bausch Health Companies Inc., Cutera, and several others are currently dominating the dermatology devices market.
  • In January 2022, STRATA Skin Sciences, Inc, a medical technology company, announced the acquisition of Theravant Corporation’s TheraClear System, an FDA-approved in-office acne clearing system.
  • In December 2021, Casio Computer Co., Ltd. received U.S. Food and Drug Administration (FDA) approval for its DZ-D100 DERMOCAMERA™ and the DZ-S50 to be used by dermatologists to get high-quality photos of patients’ skin for closer observation.
  • In August 2020, LASEROPTEK Co., Ltd., pioneers in laser development, received the received U.S. Food and Drug Administration (FDA) approval for its PALLAS laser involved in treating vitiligo, atopic dermatitis, leukoderma, and others.
  • Thus, owing to such developments in the market, there will be rapid growth observed in the dermatology devices market during the forecast period.

To read more about the latest highlights related to the dermatology diagnostic devices market, get a snapshot of the key highlights entailed in the Global Dermatology Devices Market Report

Dermatology Devices 

Dermatology devices are the medical devices used by surgeons and dermatologists for the diagnosis, correction, treatment, and management of various dermatological problems. Dermatology devices aid dermatologists and surgeons in diagnosing and treating skin problems. Medical care providers such as hospitals, dermatology clinics, physician offices, and university research organizations employ these equipment. Skin biopsy, cryosurgery, topical chemotherapy, photodynamic therapy, Mohs micrographic surgery, and electrodesiccation & curettage are all possible uses for the devices. The most common skin problems are psoriasis, eczema, acne, rosacea, ichthyosis, vitiligo, hives, seborrheic dermatitis, and others. These devices comprise Lasers, Microdermabrasion devices, Dermatoscope, Imaging Systems, and others involved in diagnosing and treating skin, hair, and nails conditions.

Dermatology Devices Market Insights

Geographically, the global dermatology devices market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of revenue share, North America currently leads the global dermatology devices market and is projected to hold its market position during the study period. This domination is owing to the growing cases of skin-related problems such as skin cancer, sunburn, acne, scars, eczema, atopic dermatitis, and psoriasis, among others. Sunburn, strongly associated with skin cancer and other skin damage, is on the rise in the U.S. region. 

Further, dermatology devices for hair removal are another key driver involved in the growth of the dermatology devices market in the U.S. The hair removal procedures are regularly performed owing to the need in some occupations like modeling, acting, and others to get a hygienic and charming look. 

To know more about why North America is leading the market growth in the dermatology devices market, get a snapshot of the Dermatology Diagnostic Devices Market Trends 

Dermatology Devices Market Dynamics

The global dermatology devices market is projected to witness considerable growth owing to an increase in the growing prevalence of chronic skin disorders, increasing awareness of skincare, and the growing focus on improving the safety, affordability, and usability of dermatology devices for end-users, among others.

However, the limited presence of skilled dermatologists and complications associated with dermatology devices may hinder the growth of dermatology devices.

Additionally, the unprecedented outbreak of the COVID-19 pandemic has negatively impacted the dermatology devices market growth. With the rise in the COVID-19 cases, the global government's global government measures such as lockdown and stringent guidelines disrupted the supply chain of dermatology devices internationally. Surgeons and dermatologists use dermatology devices to diagnose and treat skin disorders. Therefore, the dermatology division's closure and the cancellation of dermatological procedures during the pandemic to prevent disease transmission among the patients impacted the dermatology devices market.

Get a sneak peek at the dermatology devices market dynamics @ Dermatology Devices Market Dynamics Analysis

Scope of the Dermatology Devices Market Report

  • Coverage: Global
  • Study Period: 2019–2027
  • Market Segmentation By Device Type: Diagnostic (Dermatoscope, Microscopes, and Others) and Treatment (Lasers, Cryotherapy Devices, Microdermabrasion Devices, and Others)
  • Market Segmentation By Application: Skin Cancer, Skin Problems, Hair Removal, and Others
  • Market Segmentation By End User: Hospitals, Clinics, and Others
  • Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Key Dermatology Devices Companies: Candela Medical, Alma Lasers, STRATA Skin Sciences, WON TECH Co., Ltd, Lumenis Be Ltd., Aesthetic Group,  LUSTRE® ClearSkin, Michelson Diagnostics Ltd. (MDL), HEINE Optotechnik GmbH & Co. KG,  DermLite, PhotoMedex, Genesis Biosystems, Inc, Cynosure, Canfield Scientific, Inc, Bausch Health Companies Inc., Cutera, among others
  • Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

DelveInsight Analysis: The dermatology devices market size is expected to grow at a CAGR of 12.47% to reach about USD 12.69 billion by 2027.

Which MedTech key players in the dermatology devices market are set to emerge as the trendsetter explore @ Dermatology Medical Devices Companies

Table of Contents 

1 Report Introduction
2 Executive summary
3 Regulatory and Patent Analysis
4 Key Factors Analysis
5 Porter’s Five Forces Analysis
6 COVID-19 Impact Analysis on Dermatology Devices Market
7 Dermatology Devices Market Layout
8 Global Company Share Analysis – Key 3-5 Companies
9 Dermatology Devices Market Company and Product Profiles
10 Project Approach
11 About DelveInsight

Interested in knowing the dermatology diagnostic devices market by 2027? Click to get a snapshot of the Dermatology Devices Market Scenario 

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