Dermatology Devices Market see growth of 11.50% CAGR reaching at USD 14.17 billion by 2021

The dermatology devices market is expected to reach USD 14.17 billion by 2021 from USD 8.22 billion in 2016, at a CAGR of 11.50%. The global dermatology devices market is segmented based on diagnostic devices (by type and application) and treatment devices (by type and application).

On the basis of the type of diagnostic devices, the dermatology devices market is segmented into dermatoscopes, microscopes, and imaging devices. In 2016, the imaging devices segment is expected to account for the largest share of the dermatology diagnostic devices market. Growth in this segment can primarily be attributed to technological advancements and increasing awareness about aesthetic procedures.

 

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On the basis of the application of treatment devices, the dermatology devices market is segmented into light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion devices, and cryotherapy devices. In 2016, the light therapy devices segment is expected to account for the largest share of the dermatology treatment devices market. Technological advancements in treatments and increasing incidence of skin disorders are the key factors propelling the growth of this segment.

 

On the basis of the application of diagnostic devices, the dermatology devices market is segmented into skin cancer diagnosis and other diagnostic applications. In 2016, the skin cancer diagnosis segment is expected to dominate this market.

On the basis of the application of treatment devices, the dermatology devices market is segmented into hair removal; skin rejuvenation; acne, psoriasis, and tattoo removal; wrinkle removal and skin resurfacing; body contouring and fat removal; vascular and pigmented lesion removal; warts, skin tags, and weight management; and other treatment applications. In 2016, the other treatment applications segment is expected to dominate this market. Technological advancements and increasing awareness about aesthetic procedures are the key factors propelling the growth of this segment.

Geographically, the dermatology devices market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Growth in the North American region is primarily attributed to the rising incidence of skin disorders, increasing healthcare expenditure, and increasing awareness regarding aesthetic procedures.

 

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In addition to comprehensive geographic and product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. The company profiles in this report comprise the product portfolios, developments, and strategies adopted by players to maintain and increase their shares in the market. The above mentioned market research data, current market size, and forecast of future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output in order to remain successful in the dermatology devices market.

 

The key players in the dermatology devices market include Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), Lumenis, Ltd. (Israel), and Valeant Pharmaceuticals (Canada).

 

Related Report:

Global Dermatology Diagnostics Devices Market Analysis 2012-2017 and Forecast 2018-2023

The global Dermatology Diagnostics Devices market will reach xxx Million USD in 2017 and CAGR xx% 2011-2017. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Dermatology Diagnostics Devices by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.): Imaging Equipment Microscopes & Trichoscopes Dermotoscopes

Read More: https://watchersofmarkets.com/products/global-dermatology-diagnostics-devices-market-analysis-2012-2017-and-forecast-2018-2023

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Posted by on Friday August 10 2018, 12:45 PM EDT. All trademarks acknowledged. Filed under Biotechnology, Business & Financial Services, Business Services, Diagnostics, Featured Press Release, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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