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Dermatology Treatment Devices Market Size

Report ID: GMI6242
Published Date: Jul 2023
Report Format: PDF

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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.

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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.

Dermatology Treatment Devices Market Report Attributes
Report Attribute	Details
Base Year:	2022
Dermatology Treatment Devices Market Size in 2022:	USD 5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	10.7%
2032 Value Projection:	USD 13.3 Billion
Historical Data for:	2018 to 2022
No. of Pages:	265
Tables, Charts & Figures:	379
Segments covered:	Product, Application, End-use, and Region
Growth Drivers:	Rising incidence of skin associated diseases and skin cancer worldwide Increasing expenditure on skin care in developing countries Advances in technology of skincare devices Growing demand for cosmetic procedures in developed countries
Pitfalls & Challenges:	Excessive equipment cost Stringent regulatory landscape

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Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Market size dermatology treatment devices was worth USD 5 billion in 2022 and is estimated to reach USD 13.3 billion by 2032 driven by the increasing usage of technologically advanced dermatology devices for curing skin disorders as well as for aesthetic surgeries.

The dermatology treatment devices industry from the electrosurgical equipment segment generated more than USD 1.5 billion in 2022 and is projected to witness notable growth owing to the rising incidence of dermatological conditions and skin disorders which has surged the demand for effective and minimally invasive treatment options.

U.S. dermatology treatment devices size was worth USD 590 million in 2022 and is estimated to surpass USD 1.6 billion by 2032 attributed to the rising prevalence rate of numerous skin conditions in the U.S.

The leading companies operating in the dermatology treatment devices market are 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), and Bausch Health Companies Inc., among others.