Dermatology Devices Market
The growing incidences of skin diseases is contributing mainly to the high demand for dermatology devices. Moreover, growing awareness among people about the esthetic appeal and technological advancements in dermatology devices are increasing the adoption of these devices significantly. Dermatology devices assist dermatologists and surgeons to diagnose and treat the skin disorders. Dermatology devices increase the accurateness of dermatologists while diagnosing a particular type of skin disorder. These devices are useful for medical care providers such as hospitals, dermatology clinics, physician offices, and academic research institutes.
Market Drivers
An increase in disposable income levels is also considered as one of the important factors driving market growth. Rising Incidence of Skin disorders is one of the main factors for driving the market. Increasing Healthcare expenditure & Technological Advancement are also considered as market drivers. Dermatology Devices Market is driven by Increasing Awareness on Aesthetic procedures.
Market Restraints
Changing government policies, the enactment of healthcare reforms, and unfavorable economic conditions in developed countries are all factors responsible for uncertainties in dermatology diagnostic test reimbursements. Also, there are some factors which are restraining the market like Competitive Pricing by Low-cost Manufacturers & Availability of Low-cost Substitutes.
Market Segmentation
Dermatology Devices Market is segmented by Product Type (Diagnostic Devices (Dermatoscopes, Microscopes, Other Imaging Devices, Biopsy Devices), Treatment Devices (Light Therapy Devices, Lasers, Electrosurgical Equipment, Liposuction Devices, Microdermabrasion Devices, Cryotherapy Devices)), by Application (Diagnostic Devices (Skin Cancer Diagnosis, Other), Treatment Devices(Hair Removal, Skin Rejuvenation, Acne, Psoriasis, & Tattoo Removal, Wrinkle Removal & Skin Resurfacing, Body Contouring and Fat Removal, Cellulite Reduction, Vascular and Pigmented Lesion Removal, Others)), by End User (Hospitals, Clinics, Others), by Region (APAC, North America, Europe, South America, Middle East & Africa) .
Regional Analysis
North America has accounted for the largest share of the market followed by Europe, Asia, and the Rest of the World. This trend is expected to continue because of the increasing prevalence of skin cancer and other skin diseases, such as eczema and rosacea in United States. Nevertheless, Asia is expected to witness the highest CAGR during the forecast period. Growth in the APAC region is mainly driven by the rising incidence of skin diseases, increasing healthcare expenditure, and increasing awareness regarding aesthetic procedures.
Market Key Players
The key companies of the Dermatology Devices Market are Alma Lasers GmbH, Solta Medical, Inc., Cutera, Inc., Syneron Medical Ltd., Canfield Scientific, Inc., 3Gen, Aesthetic Group, Image Derm, Inc., Cutera Inc., Ambicare Health
Industry development
In August 2016, Michelson Diagnostics received U.S. FDA approval for its VivoSight Dx and Dynamic OCT products. VivoSight Dx is an Optical Coherence Tomography (OCT) system used for the real-time imaging of external tissues of the human body. The approval enables the company to sell these products in the American market
In Jan 2020, 3Derm Systems, Inc. (3Derm) announced that it was granted two FDA Breakthrough Device designations for 3DermSpot, an algorithm that uses artificial intelligence (AI) and highly standardized skin images to autonomously detect melanoma, squamous cell carcinoma, and basal cell carcinoma.
In November 2015, Lumenis completed the acquisition of Pollogen Ltd. (Israel). This acquisition strengthened Lumenis' portfolio of dermatology devices.
Dermatology Devices Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Dermatology Devices Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Dermatology Devices Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Dermatology Devices Market Share Analysis, By Product Type
5.3 Dermatology Devices Market Size and Forecast, By Product Type
5.3.1 Diagnostic Devices
5.3.1.1 Dermatoscopes
5.3.1.2 Microscopes
5.3.1.3 Other Imaging Devices
5.3.1.4 Biopsy Devices
5.3.2 Treatment Devices
5.3.2.1 Light Therapy Devices
5.3.2.2 Lasers
5.3.2.3 Electrosurgical Equipment
5.3.2.4 Liposuction Devices
5.3.2.5 Microdermabrasion Devices
5.3.2.6 Cryotherapy Devices
6 Dermatology Devices Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Dermatology Devices Market Share Analysis, By Application
6.3 Dermatology Devices Market Size and Forecast, By Application
6.3.1 Diagnostic Devices
6.3.1.1 Skin Cancer Diagnosis
6.3.1.2 Other
6.3.2 Treatment Devices
6.3.2.1 Hair Removal
6.3.2.2 Skin Rejuvenation
6.3.2.3 Acne, Psoriasis, & Tattoo Removal
6.3.2.4 Wrinkle Removal & Skin Resurfacing
6.3.2.5 Body Contouring and Fat Removal
6.3.2.6 Cellulite Reduction
6.3.2.7 Vascular and Pigmented Lesion Removal
6.3.2.8 Others
7 Dermatology Devices Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Dermatology Devices Market Share Analysis, By End User
7.3 Dermatology Devices Market Size and Forecast, By End User
7.3.1 Hospitals
7.3.2 Clinics
7.3.3 Others
8 Dermatology Devices Market, By Region
8.1 Dermatology Devices Market Share Analysis, By Region
8.2 Dermatology Devices Market Share Analysis, By Region
8.3 Dermatology Devices Market Size and Forecast, By Region
9 North America Dermatology Devices Market Analysis and Forecast (2021-2030)
9.1 Introduction
9.2 North America Dermatology Devices Market Share Analysis, By Product Type
9.3 North America Dermatology Devices Market Size and Forecast, By Application
9.4 North America Dermatology Devices Market Size and Forecast, By End User
9.5 North America Dermatology Devices Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Dermatology Devices Market Analysis and Forecast (2021-2030)
10.1 Introduction
10.2 Europe Dermatology Devices Market Share Analysis, By Product Type
10.3 Europe Dermatology Devices Market Size and Forecast, By Application
10.4 Europe Dermatology Devices Market Size and Forecast, By End User
10.5 Europe Dermatology Devices Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Dermatology Devices Market Analysis and Forecast (2021-2030)
11.1 Introduction
11.2 Asia Pacific Dermatology Devices Market Share Analysis, By Product Type
11.3 Asia Pacific Dermatology Devices Market Size and Forecast, By Application
11.4 Asia Pacific Dermatology Devices Market Size and Forecast, By End User
11.5 Asia Pacific Dermatology Devices Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Dermatology Devices Market Analysis and Forecast (2021-2030)
12.1 Introduction
12.2 Latin America Dermatology Devices Market Share Analysis, By Product Type
12.3 Latin America Dermatology Devices Market Size and Forecast, By Application
12.4 Latin America Dermatology Devices Market Size and Forecast, By End User
12.5 Latin America Dermatology Devices Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Dermatology Devices Market Analysis and Forecast (2021-2030)
13.1 Introduction
13.2 Middle East Dermatology Devices Market Share Analysis, By Product Type
13.3 Middle East Dermatology Devices Market Size and Forecast, By Application
13.4 Middle East Dermatology Devices Market Size and Forecast, By End User
13.5 Middle East Dermatology Devices Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Alma Lasers GmbH
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Solta Medical, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Cutera, Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Syneron Medical Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Canfield Scientific, Inc.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 3Gen
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Aesthetic Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Image Derm, Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Cutera Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Ambicare Health
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
