Global Dermatology Treatment Devices Market, By Type (Lasers, Light Therapy Devices, Cryotherapy Devices, Microdermabrasion Devices, Energy-Based Therapies Devices, and Micro needling), Application (Skin Resurfacing, Skin Rejuvenation, Hair Removal, Psoriasis, Scar, Warts and Skin Tags, Skin Lesions, Pigmented and Vascular, Lesion Removal, Acne, Tattoo Removal, and Hyperhidrosis), End User (Hospitals, SPA Clinics, Dermatology Clinics, and Surgical Centres) – Industry Trends and Forecast to 2031.
Dermatology Treatment Devices Market Analysis and Size
Dermatology treatment devices market is seeing rapid growth driven by advancements in laser technology, phototherapy, and radiofrequency devices. These innovations offer precise treatments for skin conditions such as acne, psoriasis, and wrinkles, meeting rising demand for non-invasive procedures. Market expansion is fueled by increasing cosmetic procedures globally, emphasizing efficacy and patient comfort in dermatological care.
The global dermatology treatment devices market size was valued at USD 7.44 billion in 2023 and is projected to reach USD 23.76 billion by 2031, with a CAGR of 15.63% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Lasers, Light Therapy Devices, Cryotherapy Devices, Microdermabrasion Devices, Energy-Based Therapies Devices, and Micro needling), Application (Skin Resurfacing, Skin Rejuvenation, Hair Removal, Psoriasis, Scar, Warts and Skin Tags, Skin Lesions, Pigmented and Vascular, Lesion Removal, Acne, Tattoo Removal, and Hyperhidrosis), End User (Hospitals, SPA Clinics, Dermatology Clinics, and Surgical Centres)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Agfa-Gevaert Group (Belgium), Hologic, Inc. (U.S.), Illumina, Inc. (U.S.), Spindletop Capital (U.S.), HEINE Optotechnik GmbH & Co. KG (Germany), GE HealthCare (U.S.), Koninklijke Philips N.V. (Netherlands), Leica Microsystems (Germany), Bruker (U.S.), Bausch Health Companies Inc. (U.S.), Candela Corporation (U.S.), Siemens Healthcare Private Limited (Germany), GALDERMA (U.S.), and Canfield Scientific, Inc. (U.S.)
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Market Opportunities
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Market Definition
Dermatology treatment devices encompass a range of tools designed for diagnosing and treating skin conditions. These devices include lasers for hair removal and skin rejuvenation, cryotherapy equipment for freezing off skin lesions, and phototherapy devices for treating conditions such as psoriasis. Advanced imaging systems aid in accurate diagnosis, while microneedling pens and dermabrasion devices help improve skin texture and appearance.
Dermatology Treatment Devices Market Dynamics
Drivers
- Increasing Incidence of Skin Disorders
The increasing incidence of skin disorders such as acne, psoriasis, and skin cancer is a primary driver propelling the dermatology treatment devices market. For instance, the prevalence of acne among adolescents and adults worldwide necessitates advanced treatment devices such as laser therapy systems and phototherapy devices. This growing demand underscores the market's expansion as healthcare providers seek effective solutions to meet the rising healthcare needs related to dermatological conditions.
- Increasing Demand for Aesthetic Procedures
The increasing demand for aesthetic procedures, such as body contouring and tattoo removal, is a key driver propelling growth in the dermatology treatment devices market. Consumers' desire for improved appearance and self-confidence fuels the adoption of advanced laser and radiofrequency devices in clinics worldwide. For instance, laser technologies such as picosecond lasers for tattoo removal offer faster and more effective results, meeting the rising expectations of aesthetic-conscious consumers and expanding market opportunities.
Opportunities
- Advancements in Home-Use Devices
Advancements in home-use dermatology devices, such as portable light therapy masks and microdermabrasion kits, democratize skincare by offering convenient treatments outside clinical settings. This accessibility fosters a burgeoning market where consumers can achieve salon-quality results at home, enhancing their skincare routines and addressing concerns such as acne and aging. For instance, handheld LED masks now allow users to conveniently enjoy therapeutic light treatments for acne reduction and skin rejuvenation in the comfort of their homes, expanding market reach and consumer engagement.
- Increasing Investments in Research and Development
Increasing investments in research and development for dermatology treatment devices, such as nanotechnology in skincare, create opportunities for market growth by fostering innovation. For instance, advancements in nanotechnology enable targeted delivery of active ingredients into deeper layers of the skin, enhancing efficacy and minimizing side effects. This innovation not only expands treatment options but also meets the rising demand for safer and more effective skincare solutions, driving market expansion and competitiveness.
Restraints/Challenges
- High Development Costs
High development costs for dermatology devices, such as laser systems or advanced imaging devices, create significant financial barriers. These costs can limit innovation and hinder the introduction of new technologies, particularly for smaller companies in the market. The substantial investment required for research and development may discourage new entrants and restrict the overall growth potential of the dermatology treatment devices market.
- Competitive Market Landscape
The dermatology devices market faces intense competition among numerous companies striving for market dominance. This competitive environment often triggers price wars and erodes profit margins, negatively impacting overall market growth. The relentless pursuit of market share can hinder innovation and discourage investment in new technologies, exacerbating challenges for stakeholders across the sector.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In August 2023, Lumenis obtained FDA clearance for its PiQo4 picosecond laser, designed for tattoo removal, pigmentation treatment, and wrinkle reduction. The laser's approval highlights advancements in non-invasive aesthetic treatments, offering precise and effective solutions for dermatological concerns
- In July 2023, Canfield Scientific showcased its latest dermatology innovations at the 25th World Congress of Dermatology in Singapore from July 4th to 7th. Featured products included IntelliStudio, VEOS, DermaGraphix, and VECTRA WB360, emphasizing advanced imaging and diagnostic capabilities aimed at enhancing clinical outcomes in dermatological practices
- In April 2023, Canfield Scientific achieved ISO 9001:2015 and ISO 13485:2016 certifications for its quality management systems. This dual certification underscores Canfield's commitment to maintaining high standards in product quality and regulatory compliance across its medical imaging and software solutions for dermatology
- In February 2023, Candela Corporation announced Health Canada's licensing for its dual-wavelength Frax Pro non-ablative fractional laser platform and Nordlys multi-application platform. These technologies, incorporating Selective Waveband Technology (SWT), aim to expand treatment options in medical aesthetics, offering versatile solutions for various skin conditions with enhanced safety and efficacy profiles
Dermatology Treatment Devices Market Scope
The market is segmented on the basis of type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Lasers
- Light Therapy Devices
- Cryotherapy Devices
- Microdermabrasion Devices
- Energy-Based Therapies Devices
- Micro needling
Application
- Skin Resurfacing
- Skin Rejuvenation
- Hair Removal
- Psoriasis
- Scar
- Warts and Skin Tags
- Skin Lesions
- Pigmented and Vascular
- Lesion Removal
- Acne
- Tattoo Removal
- Hyperhidrosis
End User
- Hospitals
- SPA Clinics
- Dermatology Clinics
- Surgical Centres
Dermatology Treatment Devices Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, type, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the dermatology treatment devices market due to the rising prevalence of skin cancer, eczema, and rosacea. The region also sees increasing adoption of cosmetic dermatology procedures, driving demand for advanced treatment devices in the skincare sector.
Asia-Pacific is expected to grow at the fastest rate in the dermatology treatment devices market due to the availability of affordable treatment options, fostering increased medical tourism and rising beauty consciousness. These factors drive demand for advanced skincare technologies across the region, propelling market expansion in the estimated period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.
Competitive Landscape and Dermatology Treatment Devices Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Agfa-Gevaert Group (Belgium)
- Hologic, Inc. (U.S.)
- Illumina, Inc. (U.S.)
- Spindletop Capital (U.S.)
- HEINE Optotechnik GmbH & Co. KG (Germany)
- GE HealthCare (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Leica Microsystems (Germany)
- Bruker (U.S.)
- Bausch Health Companies Inc. (U.S.)
- Candela Corporation (U.S.)
- Siemens Healthcare Private Limited (Germany)
- GALDERMA (U.S.)
- Canfield Scientific, Inc. (U.S.)
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