Tuesday, December 11, 2018

Dermatology Devices Market: Upcoming Trends | Emerging Economies | Global Future Forecasts | Challenges & Opportunities


Rising incidence of skin disorders and technological advancements in medical imaging devices are to drive the market in 2016

The global dermatology devices market is segmented into diagnostic devices (by type and application) and treatment devices (by type and application). Based on the type of diagnostic devices, the dermatology devices market is segmented into dermatoscopes, microscopes, and imaging devices. The imaging devices segment is expected to account for the largest share of the market during the forecast period. The large share of this segment can be attributed to technological advancements and increasing awareness about the available aesthetic procedures in the market.


Rising incidence of skin disorders, technological advancements, increasing preference for minimally invasive surgeries, and increasing awareness about aesthetic procedures are the major factors driving the growth of light therapy devices market


On the basis of the type 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 primarily due to the increasing incidence of skin diseases and technological advancements.


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Skin cancer diagnosis is expected to account for the largest share of the dermatology diagnostic devices applications market in 2016


On the basis of the application of diagnostic devices, the dermatology devices market is segmented into skin cancer diagnosis and other diagnostic applications. The skin cancer diagnosis segment is expected to account for the largest share in 2016. The rising incidence of skin disorders is the major factor driving the growth of this market.


Other treatment application is expected to account for the largest share of the dermatology treatment devices applications market in 2016


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. The other treatment applications segment is expected to account for the largest share of the market during the forecast period, primarily due to the increasing awareness about aesthetic procedures and technological advancements.


Asian region is projected to register the highest CAGR during the forecast period


Based on region, the global dermatology devices market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Asia is expected to grow at the highest CAGR during the forecast period. Growth in this regional segment is driven by factors such as the rising incidence of skin diseases, increasing healthcare expenditure, and increasing awareness regarding aesthetic procedures.

S
ome of the major players operating in the dermatology devices market are Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), Lumenis, Ltd. (Israel), and Valeant Pharmaceuticals International, Inc. (Canada).

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Study Coverage:


The report segments this market by diagnostic devices, treatment devices, diagnostic devices application, treatment devices application and region. The study covers the global Dermatology Devices market from 2016 to 2021 and provides details of the factors influencing the market at both the macro- and micro-level along with competitive developments and recent market trends. The report provides a detailed overview of the major drivers, opportunities, current market challenges, and strategies impacting this market along with the estimates and forecasts of the revenue and market share analysis.

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