Dermatologic treatment devices encompass a range of applications, features, and uses. These devices are utilized in various procedures, such as laser therapy, light therapy, cryotherapy, microdermabrasion, and more. They assist in treating skin conditions like acne, psoriasis, wrinkles, and skin cancer. Dermatologic treatment devices often offer features like adjustable settings, precise targeting, and non-invasive treatment options. They are designed to enhance skin rejuvenation, promote collagen production, remove unwanted hair, reduce pigmentation, and improve overall skin health, catering to the diverse needs of dermatological treatments.
According to Data Bridge Market Research, the Global Dermatology Treatment Devices Market is expected to reach USD 17,786.65 million by 2029. The market is expected to grow with a CAGR of 15.63% in the forecast period of 2022 to 2029.
“Rise in the cases of dermatological diseases boosts the market’s growth”
The increasing incidence of dermatological diseases is driving the growth of the dermatology treatment devices market. Conditions such as skin cancer, acne, psoriasis, and eczema have witnessed a rise, creating a higher demand for advanced treatment devices. These devices include lasers, light therapy devices, cryotherapy equipment, and microdermabrasion systems. As healthcare providers and patients seek effective and minimally invasive solutions for skin-related issues, the market for dermatology treatment devices is expected to experience significant growth to meet the growing demand for dermatological treatments.
What restraints the growth of the global dermatology treatment devices market?
“High cost of medical procedures restraints the market’s growth”
The high cost of medical procedures restrain the growth of the dermatology treatment devices market. Advanced dermatology treatment devices often come with a significant price tag, making them less accessible to a wider patient population. The cost of equipment, maintenance, and associated consumables can limit healthcare providers' adoption of these devices. Additionally, the high cost of treatment procedures using these devices may deter patients from seeking dermatological treatments, impacting market growth. Efforts to address affordability and reimbursement challenges are essential to mitigate this restraint.
Segmentation: Global Dermatology Treatment Devices Market
The dermatology treatment devices market is segmented on the basis of type, application, and end user.
- On the basis of type, the dermatology treatment devices market has been segmented into lasers, light therapy devices, cryotherapy devices, microdermabrasion devices, energy-based therapies devices, and micro needling.
- On the basis of application, the dermatology treatment devices market has been segmented into skin rejuvenation, hair removal, psoriasis, scar, skin resurfacing, skin lesion, warts and skin tags, pigmented and vascular, lesion removal, acne, tattoo removal, hyperhidrosis, and others.
- On the basis of end user, the dermatology treatment devices market has been segmented into hospitals, spa clinics, dermatology clinics, surgical centers, and others.
Regional Insights: North America dominates the global dermatology treatment devices market
North America province dominates the dermatology treatment devices industry due to the increasing prevalence of skin cancer, eczema, rosacea, and the rising demand for cosmetic dermatology procedures. These factors are driving the adoption of dermatology treatment devices.
Asia-Pacific (APAC) is expected to grow at the fastest rate in the estimated period owing to the availability of affordable treatment options has contributed to increased medical tourism and a growing beauty consciousness. People are seeking cost-effective options for dermatological treatments and cosmetic procedures, leading to a rise in the demand for dermatology treatment devices.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-dermatology-treatment-devices-market
Recent developments
- In July 2020, Lancer Skincare has introduced its inaugural skincare exfoliating device, the Pro Polish Microdermabrasion Device. This handheld device utilizes a patented technology to provide surface-layer microdermabrasion, enhancing the effectiveness of the Lancer skincare routine.
- In January 2020, 3Derm Systems, Inc. (3Derm) revealed that their 3DermSpot product received two FDA Breakthrough Device designations. 3DermSpot is an autonomous algorithm that utilizes artificial intelligence (AI) and standardized skin images to detect melanoma, squamous cell carcinoma, and basal cell carcinoma.
The Prominent Key Players Operating in the Global Dermatology Treatment Devices Market Include:
- Agfa-Gevaert Group (Belgium)
- Carl Zeiss AG (Germany)
- MELA Sciences, Inc. (U.S.)
- Hologic, Inc. (U.S.)
- Illumina, Inc. (U.S.)
- Spindletop Capital (U.S.)
- Heine Optotechnik (Germany)
- GENERAL ELECTRIC COMPANY (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Leica Microsystems (Germany)
- Bruker (U.S.)
- Solta Medical (U.S.)
- CANDELA CORPORATION (U.S.)
- Ambicare Health (U.K.)
- Siemens Healthcare Private Limited (Germany)
- Welch Allyn (U.S.)
- CANON MEDICAL SYSTEMS CORPORATION (Japan)
- Galderma laboratories (U.S.)
- Michelson Diagnostics Inc. (U.K.)
- Canfield Scientific, Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global dermatology treatment devices market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Dermatology Treatment Devices Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
