Dermatology devices consist of microdermabrasion devices, RF devices, lasers, and several other associated accessories. Dermatology devices are installed in dermatology clinics and hospitals in order to assist physicians as well as non-physician clinicians for treatment of skin diseases. These devices are also utilized for diagnosis & treatment of skin cancer.
Over the past few years, the prevalence of skin cancer has been surging across the globe. According to “The Skin Cancer Foundation” approximately 10,130 people faced deaths caused by melanoma in 2016. For reducing such high mortality rates, the demand for rapid diagnosis of skin-related diseases, especially skin cancer. Furthermore, various diagnostic equipment are being utilized for treating different types of skin cancer, for example – dermatoscopes have become imperative for detection of melanoma, by evaluation of pigmented lesions.
A slew of technological advancements have been witnessed in dermatology devices, for instance – light therapy and laser instruments have made improvements in the aesthetic appeal of people.
Advanced liposuction equipment have also led to improvements in body contouring treatment. Vibration- and power–assisted liposuction devices are effectively assisting in reducing tremendous amount of fat in a short period of time. Such developments will continue to influence growth of the global dermatology devices market.
Demand for procedures pertaining to non-invasive cosmetic correction has increased, with soaring healthcare expenditure, growing geriatric population, and rise in purchasing power of individuals in developed as well as developing economies.
However, high prices of dermatology devices result into expensive dermatological treatments, which acts as a challenge to adoption of these procedures.
In addition, various side effects are attributed to dermatological treatments, which further pose huge challenges for players in the global dermatology devices market.
The global market for dermatology devices is projected to expand at an impressive CAGR throughout the forecast period 2017 to 2022. The market is estimated to surpass revenues worth US$ 1,000 Mn by 2022-end.
North America to Remain Dominant in the Global Dermatology Devices Market
North America is projected to retain its dominance in the global dermatology devices market, in terms of revenues. Sales of dermatology devices in Asia Pacific excluding Japan (APEJ) will exhibit the highest CAGR through 2022, followed by Europe. Europe will continue to remain the second largest market for dermatology devices over the forecast period.
Radiofrequency electrosurgery devices will remain the most lucrative dermatology devices, and revenues from sales of these devices will account for over one-third share of the market during 2017 to 2022. Sales of ultrasonic electrosurgery devices are expected to account for the lowest revenues in the market.
Although hospitals are expected to remain the largest end-users of dermatology devices, sales in dermatology clinics will register the fastest expansion during the forecast period. Based on application, dermatology devices will witness the largest adoption in hair removal, followed by stretch marks reduction.
Know More Details About the Report
Key players mentioned in Fact.MR’s report on the Global dermatology devices market include
- B. Braun Melsungen AG
- Erbe Elektromedizin GmbH
- Heal Force Bio-meditech Holdings Limited
- Johnson & Johnson Private Limited
- Bovie Medical Corporation
- Medtronic Plc
- Smith and Nephew Co.
- and AngioDynamics Inc.
Global Dermatology Devices Market Taxonomy
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Dermatology devices include RF devices, microdermabrasion devices, lasers and various other accessories. These devices are being installed in several hospitals as well as dermatology clinics, for assisting non-physician clinicians and physicians in treating skin-related diseases.
This Fact.MR report analyzes the expansion of global dermatology devices market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
The scope of Fact.MR’s report is to analyze the global dermatology devices market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global dermatology devices market can benefit from the analysis offered in this report.
This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to dermatology devices.
The report commences with a brief information of the global dermatology devices market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.
The executive summary includes important facts and statistics on the global dermatology devices market.
The next section offers an overview of the global dermatology devices market. This comprises an introduction to the market, along with a standard definition of the product – dermatology devices.
In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global dermatology devices market, the report provides updates about market opportunities, which can benefit leading manufacturers of dermatology devices.
With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for dermatology devices manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.
The Fact.MR report offers segment-wise forecast and analysis to cover the broad scope of the global dermatology devices market. The market has been segmented on the basis of end-users, application, product type, and region. This segmentation analysis provides a detailed country-wise forecast around all key market parameters.
The report’s last section comprises of the global dermatology devices market competitive landscape, to provide readers with the dashboard view of company analysis and market players.
This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global dermatology devices market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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