Dermatology Devices Market Growth 2022-2028: Rising Awareness About The Use Of Cosmetic Procedures And Other Technological Advancements

The latest market analysis report published by Reports and Data, titled ‘Global Dermatology Devices Market – Forecast to 2028,’ thoroughly examines the Dermatology Devices industry to provide essential data & information for the targeted readers. The report consists of quantitative and qualitative research on the market performed by our market experts. The Dermatology Devices industry report emphasizes the current and upcoming market revenue growth opportunities and trends. Moreover, the report offers key information on the industry statistics, as well as a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply & demand ratios, production & manufacturing capacities, sales & distribution networks, cost & demand volatility, import/export ratios, profit margins, and macro-economic and micro-economic factors. The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview. Our market experts have determined the current financial positions of the leading industry players in the report leveraging advanced analytical tools such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.

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The global dermatology devices market reported a large market size in 2020, which is expected to expand significantly in 2028 at a rapid revenue growth rate during the forecast period. Industry analysis indicates that demand for dermatology devices has been rising substantially, and its adoption across hospitals and clinics has been increasing in a parallel manner due to changing market trends and consumption patterns. These factors are expected to continue to support industry as well as market growth over the forecast period.

Dermatology devices help dermatologists and surgeons in diagnosing and treating skin-related disorders. They help dermatologists and surgeons in achieving enhanced accuracy levels while diagnosing skin diseases. Dermatology devices are used by healthcare providers such as hospitals, dermatology clinics, physician offices, and academic research institutes. 

Market Overview:

The global Dermatology Devices market has significantly grown over the recent past and is expected to register rapid growth over the forecast period of 2021 to 2028. The pharma and healthcare sector is rapidly evolving with innovations in technology, increasing healthcare spending and improving healthcare facilities and systems. Many hospitals, ambulatory surgical care centers and clinics across the globe are adopting advanced devices and equipment. Revenue growth of the global Dermatology Devices market is significantly driven by factors such as increasing prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and growing funds by several public and private sectors. In addition, rising focus on drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investments in research and development activities are expected to drive global market revenue growth during the forecast period. 

The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.

Top Companies Profiled in the Report:

  • Alma Lasers GmbH
  • Cynosure, Inc.
  • Solta Medical, Inc.
  • Cutera, Inc.
  • Syneron Medical Ltd.
  • Canfield Scientific, Inc.
  • 3Gen
  • Aesthetic Group
  • Ambicare Health
  • Image Derm, Inc.

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Dermatology Devices Market Segmentation:

Product Outlook (Revenue, USD Million; 2018-2028)

  • Diagnostic Devices
  • Treatment Devices
    • Light Therapy Devices
    • Lasers
    • Electrosurgical Equipment
    • Liposuction Devices
    • Microdermabrasion Devices
    • Cryotherapy Devices

Application Outlook (Revenue, USD Million; 2018-2028)

  • Skin Cancer Diagnosis
  • Acne
  • Psoriasis
  • Skin Rejuvenation
  • Warts

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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