Dermatology Treatment Devices Market - By Product (Light Therapy Devices [LED Therapy], Lasers, Microdermabrasion Devices, Cryotherapy Devices, Electrosurgical Equipment, Liposuction Devices), By End-use, By Application & Forecast, 2023-2032

Dermatology Treatment Devices Market Size

Dermatology Treatment Devices Market size was valued at USD 5 billion in 2022 and is anticipated to grow at a CAGR of 10.7% between 2023 and 2032. Dermatology treatment devices are medical instruments specifically designed for treating various skin-related conditions and disorders. These devices are utilized by dermatologists and other healthcare professionals specializing in dermatology to offer a wide range of therapeutic and cosmetic treatments for the skin, hair, and nails. The utilization of technologically advanced dermatology devices for curing skin disorders as well as for aesthetic surgeries will impel the dermatology treatment devices industry growth in upcoming years.
 

Moreover, ongoing technological advancements in dermatology supported by FDA approvals have proven beneficial for market players to maintain their industry position by supplying technologically advanced devices. The introduction of new therapies and devices to treat metastatic melanoma, psoriasis, malignant type of skin cancers, and other such chronic skin conditions will increase demand for technologically advanced devices that are utilized in treatments. Furthermore, the introduction of digitalization within dermatology devices utilized will enable higher adoption rate of such devices in developed economies such as the U.S., Japan and Germany. Technological advancements implemented in dermatology devices will encourage new manufacturers to enter dermatology devices market owing to the momentous demand for technologically driven for skin care devices.
 

COVID-19 Impact

The COVID-19 pandemic had a negative impact on the dermatology treatment devices market.  The pandemic caused significant disruptions in the global supply chain, leading to delays in the production and delivery of dermatology diagnostic devices and treatment devices. Manufacturers faced challenges in sourcing raw materials and components, resulting in shortages in some regions. Further, many dermatology clinics and hospitals faced temporary closures or limited operation during the peak of the pandemic. Non-urgent or elective dermatological procedures, such as cosmetic treatments, were postponed or canceled, thereby, restricting the sales of specialized devices used for these treatments.
 

Dermatology Treatment Devices Market Trends

Skin cancer and skin associated disorders are increasing globally thus, propelling dermatology treatment devices industry expansion. Major factors contributing in the development of skin cancer are combinations of changing environments as well as ultraviolet (UV) light exposure and the capability of tanning as controlled through genetic differences in skin colour. Increasing new cases of skin cancer and required treatment of skin cancer is anticipated to upsurge dermatology devices revenue. According to the American Academy of Dermatology Association, in 2022, more than 197,700 new melanoma cancer patients were diagnosed in the U.S. Thereby, the rising prevalence rate of skin cancer leads to the adoption of dermatology treatment devices for effective disease management. Moreover, increasing pollution, unhealthy eating habits, and improper skin care routine are certain factors boosting skin disorders and diseases. For instance, a WHO study that was conducted in 2022 projected Hoton as second most polluted city in world, after Lahore. In addition to such rising pollution has led to increasing cases of eczema and acne among polluted cities. Such increasing number of skin disorders are anticipated to propel business growth.
 

Dermatology Treatment Devices Market Analysis

Based on product, the dermatology treatment devices market is bifurcated into light therapy devices (LED therapy), lasers, microdermabrasion devices, cryotherapy devices, electrosurgical equipment, and liposuction devices. The electrosurgical equipment segment held a significant revenue size over USD 1.5 billion in 2022. The rising incidence of dermatological conditions such as skin cancer, acne, psoriasis, and various other skin disorders is driving the demand for effective and minimally invasive treatment options. Electrosurgical equipment offers precise and targeted treatment for a wide range of skin conditions, making it a preferred choice for both patients and healthcare providers. With an aging population worldwide, the prevalence of age-related skin conditions is on the rise. As, electrosurgical devices play a crucial role in treating conditions like skin tags, wrinkles, and age spots thereby, witnessing segmental growth in near future.
 

Dermatology treatment devices market is bifurcated based on the application into skin cancer, skin rejuvenation, hair removal, body contouring and skin tightening, psoriasis, and others. The skin cancer segment held the largest revenue size over USD 1.3 billion in 2022 and is estimated to witness significant growth by 2032. Skin cancer including melanoma and non-melanoma types has been on the rise globally. Factors such as increased UV exposure, changing lifestyles, and an aging population base are estimated to contribute to the growing incidence of skin cancer, leading to a higher demand for dermatology treatment devices. Public awareness campaigns about skin cancer risks, the importance of sun protection, and regular skin screenings have led to earlier diagnosis and treatment thereby, driving the adoption of dermatology treatment devices for skin cancer management.
 

The market is segmented by end-use into dermatology centers, hospitals, clinics, and others. The dermatology centers segment dominated the global dermatology treatment devices market accounting for more than 37% market share in 2022 and is anticipated to hold high growth potential during the analysis period. The rising incidence of various skin disorders and skin-related concerns is one of the primary drivers for the dermatology centers segment. The increasing awareness and desire for aesthetic enhancements will drive the demand for cosmetic procedures at dermatology centers. Patients seek treatments like laser hair removal, skin rejuvenation, and injectables, contributing to the demand for specialized dermatology treatment devices.
 

 U.S. dermatology treatment devices market accounted for USD 590 million in 2022 and will grow momentously to reach over USD 1.6 billion by 2032. The rising prevalence rate of numerous skin conditions in the U.S., such as acne, eczema, psoriasis, and skin cancer will positively influence the demand for dermatology treatment devices. Moreover, the gaining popularity of cosmetic and aesthetic procedures in the U.S. will boost the demand for dermatology treatment devices used in procedures such as laser hair removal, skin rejuvenation, body contouring, and injectables. Advancements in dermatology treatment devices, including laser technology, radiofrequency devices, and cryotherapy systems, have improved treatment outcomes and patient comfort. These technological advancements encourage healthcare providers to upgrade their equipment and offer cutting-edge treatments. Thus, the aforementioned factors are anticipated to witness U.S. dermatology treatment devices industry revenue growth.
 

Dermatology Treatment Devices Market Share

Some of the notable key industry players operating in the dermatology treatment devices market include :

• Alma Lasers Ltd.
• Carl Zeiss
• Ambicare Health Ltd.
• Bruker Corporation
• Cynosure Inc
• Candela Corporation
• Leica Microsystems
• Canfield Scientific Inc.
• Olympus Corporation
• Biolitec AG
• Genesis Biosystems, Inc.
• Cutera, Inc.
• Heine Optotechnik GmbH & Co. KG
• Image Derm Inc.
• Hologic, Inc.
• Lumenis Ltd.
• Michelson Diagnostics Ltd. (VivoSight)
• Bausch Health Companies Inc.

 These market participants are undertaking numerous growth strategies such as partnerships, collaborations, acquisitions & mergers, and new product development and launches to broaden product offerings as well as gain a competitive edge over others.
 

Dermatology Treatment Devices Industry News:

• In April 2022, Cutera Inc. received a 510(k) clearance for its AviClear from the U.S. FDA. AviClear is the first energy-based device designed to treat mild, moderate, and severe acne ailments. This launch provided a competitive advantage over its peers.
   
• In July 2021, Alma Laser received 510(k) clearance for its Alma Hybrid from the U.S. Food and Drug Administration. Alma Hybrid is the first laser that integrates a non-ablative 1570 nm laser as well as an ablative 10,600 nm (CO2) laser for skin resurfacing procedures. Alma Hybrid is commercially available in the U.S. This strengthened the company’s product portfolio in the dermatology treatment devices industry.
   

Dermatology treatment devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:

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By Product

• Light therapy devices (LED therapy)
• Lasers 
• Microdermabrasion devices 
• Cryotherapy devices
• Electrosurgical equipment 
• Liposuction devices 

By Application

• Skin cancer
• Skin rejuvenation 
• Hair removal 
• Body contouring and skin tightening
• Psoriasis
• Others

By End-use

• Dermatology centers
• Hospitals
• Clinics
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Switzerland
  • The Netherlands
  • Denmark
  • Poland
  • Sweden
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • New Zealand
  • Thailand
  • Vietnam
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Turkey