Dermatology Devices Market Key Information By Top Key Player Hologic, Image Derm, Lumenis, Michelson Diagnostics, PhotoMedex, Solta Medical, Syneron Medical, Aesthetic Group, Alma Lasers

The dermatology devices market is forecast to experience significant growth owing to the increasing prevalence of skin related diseases and disorders. Prominent players across this vertical seem to have dedicated themselves to conducting intensive research and development programs to innovate technologies that can identify skin diseases like melanoma, skin cancer or psoriasis at an earlier stage. Recently, for instance, LEO Science and Tech Hub partnered with Wearifi and Northwestern University to develop a wearable device for dermatology research. This device enables undetectable and unobtrusive placement anywhere on the body to identify and monitor key disease-associated biomarkers. Such advancements to detect the early signs of skin disorders indicate tremendous scope ahead for the overall dermatology devices market.

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Technologically advanced derma devices such as lasers and light sources offer effective solutions to skin problems. Launch of enhanced products and surging cosmetic procedures demand are factors fueling market growth. There is increasing preference for cosmetic procedures to enhance aesthetic appeal and availability of such treatment options by advanced derma equipment encourages customer buying behavior.

Increasing expenditure on skin treatment and growing awareness among individuals regarding skin problems is anticipated to boost market growth over the coming years. Moreover, changing lifestyle coupled with rising demand for liposuction and sun damage treatment further propels business growth. Increasing medical tourism for cosmetic treatment is anticipated to fuel industry growth during the forecast timeline. However, high cost factor related to dermatology equipment and stringent regulations hinders industry growth.

U.S. dominated dermatology devices market and is estimated to exhibit similar trend in forthcoming years owing to surging incidence of skin diseases and skin cancer along with escalating cosmetic procedures demand. Advanced treatment options available, rising awareness of skin diseases and high disposition to skin problems treatment are factors propelling business growth.

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Germany will grow significantly during the forecast timeframe on an account of rising cosmetic procedures demand as well as surging incidence of skin disorders. According to Journal of the European Academy of Dermatology and Venereology, Rosacea a skin disorder was highly prevalent in Germany and accounted for 12.3%.

India derma devices market is projected to grow lucratively in the coming years due to surging incidence of eczema and acne coupled with changing environmental conditions such as increasing pollution.

Prominent business players are 3Gen, Aesthetic Group, Alma Lasers, ALSA Apparecchi Medicali Srl, Ambicare Health, Amd Global Telemedicine, Beijing Toplaser Technology Company, Biolitec, Brymill Cryogenic Systems, Cortex Technology, Cutera, Dansys, Ellipse, Genesis Biosystems, Heine Optotechnik, Hologic, Human med, Image Derm, Lumenis, Michelson Diagnostics (VivoSight), PhotoMedex, Solta Medical (Valeant Pharmaceuticals International) and Syneron Medical.

Table of Content:

Chapter 1. Dermatology Devices Market Methodology

Chapter 2. Dermatology Devices Market Executive Summary

Chapter 3. Dermatology Devices Industry Insights

Chapter 4. Dermatology Devices Market, By Product Type

Chapter 5. Dermatology Devices Market, By Application

Chapter 6. Dermatology Devices Market, By Region

Chapter 7. Dermatology Devices Market Company Profiles

Outer scope of this report this industry vertical will also gain substantial traction on account of the robust prevalence of skin cancer that is considered to be one of deadliest skin diseases affecting several individuals every year, especially across the U.S. As per estimates provided by the Skin Cancer Foundation, from 2008 to 2018 the number of melanoma cases diagnosed yearly have risen by 53 percent, while more people are diagnosed with skin cancers every year than all cancers combined. One in every five Americans is estimated to develop skin cancer by the age of 70 and about 178,560 cases of melanoma are estimated to be diagnosed by the end of 2018. It is thus rather overt that the rising need among individuals to undergo tests and procedures to identify and treat skin cancers and melanoma at the earliest stages will fuel dermatology devices market growth in the future.

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