Dermatology Devices Market Size, Share & Trends Analysis Report By Product & Application (Diagnostic Devices, Treatment Devices), By End Use (Hospitals, Clinics), By Region, And Segment Forecasts, 2020 – 2027

Category: Electronic Devices
Published On: 7 December, 2020
Pages: 186
Report Code: GR - 51252
Formats: pdf, excel

KEY MARKET INSIGHTS

This report covers COVID-19 impact analysis on Dermatology Devices Market Size, Share & Trends Analysis Report By Product & Application (Diagnostic Devices, Treatment Devices), By End Use (Hospitals, Clinics), By Region, And Segment Forecasts, 2020 – 2027

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GlobeResearch estimates that global Dermatology Treatment Devices market is expected to reach the market value of around USD 8,770Mn by 2026 and is predicted to grow at a CAGR of around 7% during 2020 – 2026.

Market Insights

Masses are commonly affected by age-related skin complications such as pigmentation, wrinkles, folding and acne, as well as burnt scars. Acne is the most common skin condition in the US and affects approximately 50 million Americans per year. The American Academy of Dermatology Association notes that about 85% of 12-24-year-olds have mild acne problems. The cost of acne treatment and loss of productivity among acne treatments in 2013 was more than US$1.2 billion; in the same year, more than US$5.1 million was spent on acne treatment, mostly for children and young adults. In addition, atopic dermatitis is pathogenic over a lifetime and affects up to 25% of children as well as 2-3 percent of children and the patient. In addition, almost 28 per cent of women under the age of 25 are regularly concerned about their symptoms of ageing, with 42 per cent and 54 per cent of women aged 25–34 and 35–44, respectively. In addition, young women started using products to minimise symptoms of ageing even earlier than older women, according to a survey conducted in Derm Store with 2,000 women from around the US. Furthermore, skin disorders have been identified as the fourth most common cause of human disease by the European Commission (EC).

The prevalence of skin cancer has increased significantly in recent years. According to the National Cancer Institute in the United States, skin cancer accounts for ~4.6 per cent of the world’s total new cancer cases. Worldwide, 2–3 million nonmelanomas and 132,000 cases of melanoma have been recorded annually by the World Health Organization (WHO). In addition, one in five Americans is expected to develop skin cancer once in their lifetime, according to estimates by the Skin Cancer Foundation. These issues require critical medical intervention and appropriate therapeutic tools for the treatment of serious diseases, which are likely to further fuel the growth of the dermatological treatment device market.

The world population aged 30-65 is projected to grow faster, with an increase in the number of people with symptoms of age, including fewer skin elasticity, wrinkles and dark spots. According to the Central Intelligence Agency, ~39.9 per cent of the total German population aged 25-54 and ~15.0 per cent of the population aged 55-65 were in 2018. This trend is expected to increase the market for aesthetic medicine in the coming years. In addition, it is estimated that the WHO global population aged 60 years or older, from 901 billion to 1.4 billion, will increase by 56% in 2015-2030. The increase in geriatric population plays a crucial role in the development of the market in dermatological treatment tools, as ageing results in a loss of fibrous tissue and a reduction in the vascular and glandular layers of the skin.

 

Regional Stance

The US has a large proportion of the market for dermatological processing equipment in North America. Product line inventions stimulate, in particular consumer growth in the region. The nation is reflecting on the transformation of the environment and the latest infrastructure for health services, state-of-the-art facilities and knowledge of developments in dermatology.

On the other hand, the fastest growth of Asia-Pacific in the global dermatology industry for treatment devices in the future is expected to result in increased availability of income and awareness of cosmetic treatment in Asia and an increase in the incidence of skin cancer.

Market Segmentation

 ATTRIBUTE

  DETAILS

Study Period

  2015 – 2026

Base Year

  2019

Forecast Period

  2020 – 2026

Historical Period

  2015 – 2018

Unit

  Value (US$)

 

 

 

Segmentation

Market by Product

  • Lasers
  • Light Therapy Devices
  • Cryotherapy Devices
  • Microdermabrasion Devices
  • Energy-Based Therapy Devices
  • Microneedling

Market by Application

  • Skin Resurfacing
  • Skin Rejuvenation
  • Hair Removal
  • Psoriasis
  • Scars
  • Warts and Skin Tags
  • Hyperpigmentation and Vascular Lesions
  • Acne
  • Tattoo Removal
  • Hyperhidrosis

Market by End Use

  • Hospitals
  • Spa Clinics
  • Dermatology Clinics
  • Surgical Centerses

 

Key Players and Strategies

 ATTRIBUTE

  DETAILS

Key Players

  • Cutera Inc.
  • Bausch Health Companies Inc.
  • Sciton, Inc.
  • Candela Corporation
  • Biofrontera Ag
  • Avita Medical
  • PhotoMedex
  • Lumenis
  • Alma Lasers
  • Cynosure

 


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Table Of Contents

  1. Introduction
    • Scope of The Study
    • Market Segmentation
      • Dermatology Treatment Devices - By Type
      • Dermatology Treatment Devices - By Application
      • Dermatology Treatment Devices - By End Use
      • Dermatology Treatment Devices - By Region
        • By Country
  1. Key Takeaways
  2. Research Methodology
  3. Dermatology Treatment Devices Landscape
    • Overview
    • Pest Analysis
    • Ecosystem Analysis
  4. Dermatology Treatment Devices - Key Market Dynamics
    • Key Market Drivers
    • Key Market Restraints
    • Key Market Opportunities
    • Future Trends
    • Impact Analysis of Drivers and Restraints
    • Impact of Covid-19 Pandemic on Global Dermatology Treatment Devices
  5. Dermatology Treatment Devices - Global Market Analysis
    • Beauty Devices - Global Market Overview
    • Beauty Devices - Global Market and Forecast To 2027
    • Market Positioning/Market Share
  6. Dermatology Treatment Devices - Revenue and Forecasts To 2027 – Type
    • Overview
    • Type Market Forecasts and Analysis
      • Lasers
      • Light Therapy Devices
      • Cryotherapy Devices
      • Microdermabrasion Devices
      • Energy-Based Therapy Devices
      • Microneedling
  1. Dermatology Treatment Devices - Revenue and Forecasts To 2027 – Application
    • Overview
    • Application Market Forecasts and Analysis
      • Geocoding & Reverse Geocoding
      • Skin Resurfacing
      • Skin Rejuvenation
      • Hair Removal
      • Psoriasis
      • Scars
      • Warts and Skin Tags
      • Hyperpigmentation and Vascular Lesions
      • Acne
      • Tattoo Removal
      • Hyperhidrosis
  1. Dermatology Treatment Devices - Revenue and Forecasts To 2027 – End Use
    • Overview
      • End Use Market Forecasts and Analysis
        • Hospitals
        • Spa Clinics
        • Dermatology Clinics
        • Surgical Centers
  1. Dermatology Treatment Devices Revenue and Forecasts To 2027 – Geographical Analysis
    • North America
      • North America Dermatology Treatment Devices Overview
      • North America Dermatology Treatment Devices Forecasts and Analysis
      • North America Dermatology Treatment Devices Forecasts and Analysis - By Type
      • North America Dermatology Treatment Devices Forecasts and Analysis - By Application
      • North America Dermatology Treatment Devices Forecasts and Analysis - By End Use
      • North America Dermatology Treatment Devices Forecasts and Analysis - By Countries
        • United States Dermatology Treatment Devices
          • United States Dermatology Treatment Devices By Type
          • United States Dermatology Treatment Devices By Application
          • United States Dermatology Treatment Devices By End Use
        • Canada Dermatology Treatment Devices
          • Canada Dermatology Treatment Devices By Type
          • Canada Dermatology Treatment Devices By Application
          • Canada Dermatology Treatment Devices By End Use
    •  Europe
      • Europe Dermatology Treatment Devices Overview
      • Europe Dermatology Treatment Devices Forecasts And Analysis
      • Europe Dermatology Treatment Devices Forecasts and Analysis - By Type
      • Europe Dermatology Treatment Devices Forecasts and Analysis - By Application
      • Europe Dermatology Treatment Devices Forecasts and Analysis - By End Use
      • Europe Dermatology Treatment Devices Forecasts and Analysis - By Countries
        • Germany Dermatology Treatment Devices
        • Germany Dermatology Treatment Devices By Type
        • Germany Dermatology Treatment Devices By Application
        • Germany Dermatology Treatment Devices By End Use
        • France Dermatology Treatment Devices
        • France Dermatology Treatment Devices By Type
        • France Dermatology Treatment Devices By Application
        • France Dermatology Treatment Devices By End Use
        • Italy Dermatology Treatment Devices
        • Italy Dermatology Treatment Devices By Type
        • Italy Dermatology Treatment Devices By Application
        • Italy Dermatology Treatment Devices By End Use
        • Spain Dermatology Treatment Devices
        • Spain Dermatology Treatment Devices By Type
        • Spain Dermatology Treatment Devices By Application
        • Spain Dermatology Treatment Devices By End Use
        • UK Dermatology Treatment Devices
        • UK Dermatology Treatment Devices By Type
        • UK Dermatology Treatment Devices By Application
        • UK Dermatology Treatment Devices By End Use
        • Rest of Europe Dermatology Treatment Devices
        • Rest of Europe Dermatology Treatment Devices By Type
        • Rest of Europe Dermatology Treatment Devices By Application
        • Rest of Europe Dermatology Treatment Devices By End Use
    •  Asia-Pacific
      • Asia-Pacific Dermatology Treatment Devices Overview
      • Asia-Pacific Dermatology Treatment Devices Forecasts And Analysis
      • Asia-Pacific Dermatology Treatment Devices Forecasts and Analysis - By Type
      • Asia-Pacific Dermatology Treatment Devices Forecasts and Analysis - By Application
      • Asia-Pacific Dermatology Treatment Devices Forecasts and Analysis - By End Use
      • Asia-Pacific Dermatology Treatment Devices Forecasts and Analysis - By Countries
        • Australia Dermatology Treatment Devices
        • Australia Dermatology Treatment Devices By Type
        • Australia Dermatology Treatment Devices By Application
        • China Dermatology Treatment Devices
        • China Dermatology Treatment Devices By Type
        • China Dermatology Treatment Devices By Application
        • China Dermatology Treatment Devices By End Use
        • India Dermatology Treatment Devices
        • India Dermatology Treatment Devices By Type
        • India Dermatology Treatment Devices By Application
        • India Dermatology Treatment Devices By End Use
        • Japan Dermatology Treatment Devices
        • Japan Dermatology Treatment Devices By Type
        • Australia Dermatology Treatment Devices By Application
        • Australia Dermatology Treatment Devices By End Use
        • South Korea Dermatology Treatment Devices
        • South Korea Dermatology Treatment Devices By Type
        • South Korea Dermatology Treatment Devices By Application
        • South Korea Dermatology Treatment Devices By End Use
        • Rest of Asia Pacific Dermatology Treatment Devices
        • Rest of Asia Pacific Dermatology Treatment Devices By Type
        • Rest of Asia Pacific Dermatology Treatment Devices By Application
        • Rest of Asia Pacific Dermatology Treatment Devices By End Use
    •  Middle East & Africa
      • Middle East & Africa Dermatology Treatment Devices Overview
      • Middle East & Africa Dermatology Treatment Devices Forecasts And Analysis
      • Middle East & Africa Dermatology Treatment Devices Forecasts and Analysis - By Type
      • Middle East & Africa Dermatology Treatment Devices Forecasts and Analysis - By Application
      • Middle East & Africa Dermatology Treatment Devices Forecasts and Analysis - By End Use
      • Middle East & Africa Dermatology Treatment Devices Forecasts and Analysis - By Countries
        • South Africa Dermatology Treatment Devices
        • South Africa Dermatology Treatment Devices By Type
        • South Africa Dermatology Treatment Devices By Application
        • South Africa Dermatology Treatment Devices By End Use
        • Saudi Arabia Dermatology Treatment Devices
        • Saudi Arabia Dermatology Treatment Devices By Type
        • Saudi Arabia Dermatology Treatment Devices By Application
        • Saudi Arabia Dermatology Treatment Devices By End Use
        • E Dermatology Treatment Devices
        • E Dermatology Treatment Devices By Type
        • E Dermatology Treatment Devices By Application
        • E Dermatology Treatment Devices By End Use
        • Rest of Middle East & Africa Dermatology Treatment Devices
        • Rest of Middle East & Africa Dermatology Treatment Devices By Type
        • Rest of Middle East & Africa Dermatology Treatment Devices By Application
        • Rest of Middle East & Africa Dermatology Treatment Devices By End Use
    •  South America
      • South America Dermatology Treatment Devices Overview
      • South America Dermatology Treatment Devices Forecasts And Analysis
      • South America Dermatology Treatment Devices Forecasts and Analysis - By Type
      • South America Dermatology Treatment Devices Forecasts and Analysis - By Application
      • South America Dermatology Treatment Devices Forecasts and Analysis - By End Use
      • South America Dermatology Treatment Devices Forecasts and Analysis - By Countries
        • Brazil Dermatology Treatment Devices
        • Brazil Dermatology Treatment Devices By Type
        • Brazil Dermatology Treatment Devices By Application
        • Brazil Dermatology Treatment Devices By End Use
        • Argentina Dermatology Treatment Devices
        • Argentina Dermatology Treatment Devices By Type
        • Argentina Dermatology Treatment Devices By Application
        • Argentina Dermatology Treatment Devices By End Use
        • Rest of South America Dermatology Treatment Devices
        • Rest of South America Dermatology Treatment Devices By Type
        • Rest of South America Dermatology Treatment Devices By Application
        • Rest of South America Dermatology Treatment Devices By End Use
  1. Industry Landscape
    • Mergers and Acquisitions
    • Agreements Collaborations and Join Ventures
    • New Type Launches
    • Expansions and Other Strategic Developments
  2. Dermatology Treatment Devices and Key Company Profiles
    • Cutera Inc.
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Bausch Health Companies Inc.
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Sciton, Inc.
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Candela Corporation
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Biofrontera Ag
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Avita Medical
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • PhotoMedex
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Lumenis
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
    • Alma Lasers
      • Key Facts
      • Business Description
      • Modes and Services
      • Financial Overview
      • Key Developments
  1. Appendix
    • About GlobeResearch
    • Glossary of Terms

 

Market Segmentation

 ATTRIBUTE

  DETAILS

Study Period

  2015 – 2026

Base Year

  2019

Forecast Period

  2020 – 2026

Historical Period

  2015 – 2018

Unit

  Value (US$)

 

 

 

Segmentation

Market by Product

  • Lasers
  • Light Therapy Devices
  • Cryotherapy Devices
  • Microdermabrasion Devices
  • Energy-Based Therapy Devices
  • Microneedling

Market by Application

  • Skin Resurfacing
  • Skin Rejuvenation
  • Hair Removal
  • Psoriasis
  • Scars
  • Warts and Skin Tags
  • Hyperpigmentation and Vascular Lesions
  • Acne
  • Tattoo Removal
  • Hyperhidrosis

Market by End Use

  • Hospitals
  • Spa Clinics
  • Dermatology Clinics
  • Surgical Centerses

 

Key Players and Strategies

 ATTRIBUTE

  DETAILS

Key Players

  • Cutera Inc.
  • Bausch Health Companies Inc.
  • Sciton, Inc.
  • Candela Corporation
  • Biofrontera Ag
  • Avita Medical
  • PhotoMedex
  • Lumenis
  • Alma Lasers
  • Cynosure

 


FAQs

Methodology

Research Methodology

Globe Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of methodology employed for all our studies include:

Preliminary data mining

Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.

Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.

Statistical model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.

Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of technology landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:

    • Market drivers and restrains, along with their current and expected impact
    • Raw material scenario and supply v/s price trends
    • Regulatory scenario and expected developments
    • Current capacity and expected capacity additions up to 2027

We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.

Primary validation

This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:

    • Market leading companies
    • Raw material suppliers
    • Product distributors
    • Buyers

The key objectives of primary research are as follows:

    • To validate our data in terms of accuracy and acceptability
    • To gain an insight in to the current market and future expectations

Data Collection Matrix

Perspective

Primary research

Secondary research

Supply side

  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data

Demand side

  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Industry Analysis Matrix

Qualitative analysis

Quantitative analysis

  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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