Dublin, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The "Dermatology Devices - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Dermatology Devices was estimated at US$13.5 Billion in 2023 and is projected to reach US$25.7 Billion by 2030, growing at a CAGR of 9.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3Gen, Inc., Bruker Corporation, Carl Zeiss A/S, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
How are Changing Demographics and Lifestyle Factors Influencing the Demand for Dermatology Devices?
The global demographic shift towards an older population has a profound impact on the dermatology devices market. As the population ages, the demand for cosmetic and anti-aging treatments has increased, driving investments in devices that offer these services. Treatments such as laser resurfacing, microdermabrasion, and skin rejuvenation are particularly popular among this demographic. Furthermore, increased exposure to environmental factors such as pollution and ultraviolet radiation has heightened awareness about skin health, pushing the demand for skin monitoring and care devices.
Lifestyle changes, including increased disposable income and greater spending on wellness and aesthetics, have also contributed to the expansion of the dermatology device sector. Additionally, social media and the public portrayal of 'ideal' beauty standards continue to influence individuals' decisions to undergo cosmetic procedures, thus boosting the market for related dermatological equipment.
What Drives the Growing Market for Dermatology Devices?
The growth in the dermatology devices market is driven by several factors, including technological advancements in device manufacturing, an increase in skin disorders, and a rising number of aesthetic and cosmetic procedures. Innovations such as laser therapies and non-invasive treatment solutions have not only broadened the range of applications for these devices but have also improved patient outcomes and satisfaction. Moreover, growing health insurance coverage for dermatological conditions has made treatments more accessible to a larger segment of the population.
The influence of the beauty industry, coupled with an increasing emphasis on skin health, has further propelled the demand for advanced skin care solutions. Another significant driver is the educational and training opportunities available for dermatologists, which enhance their ability to adopt and utilize cutting-edge devices in their practices. These factors collectively contribute to the robust growth and dynamic changes within the global market for dermatology devices.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Treatment Devices segment, which is expected to reach US$20.5 Billion by 2030 with a CAGR of a 10.1%. The Diagnostic Devices segment is also set to grow at 8.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $3.6 Billion in 2023, and China, forecasted to grow at an impressive 13.7% CAGR to reach $5.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Dermatology Devices Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Dermatology Devices Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Dermatology Devices Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Select Competitors (Total 42 Featured):
- 3Gen, Inc.
- Bruker Corporation
- Carl Zeiss A/S
- Cutera, Inc.
- Cynosure, Inc.
- Genesis Biosystems, Inc.
- HEINE Optotechnik GmbH & Co. KG
- Lumenis Ltd.
- Michelson Diagnostics, Ltd.
- Photomedex, Inc.
- Valeant Pharmaceuticals International, Inc.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $13.5 Billion |
| Forecasted Market Value (USD) by 2030 | $25.7 Billion |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Dermatology Devices - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Global Prevalence of Skin Disorders Spurs Demand for Dermatology Devices
- Technological Advances in Laser Treatments Propel Market Growth
- Increasing Incidence of Skin Cancer Bolsters Need for Diagnostic Equipment
- Integration of AI and Machine Learning Expands Capabilities of Dermatological Devices
- Growth in Telemedicine and Remote Diagnostics Sets the Stage for Market Evolution
- Rising Investments in Healthcare Infrastructure Propel Device Demand
- Advancements in Phototherapy Devices for Skin Treatment Sustain Market Growth
- Growing Demand for Aesthetic and Cosmetic Procedures Bolsters Device Sales
- Increasing Healthcare Expenditure in Emerging Markets Drives Device Penetration
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/rmxf7h
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