Dermatology Market 2021 Clinical Analysis and Global Research Report– McKesson Corporation, Honeywell Life Care Solutions, Philips Healthcare, GE Healthcare

Global Dermatology Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Dermatology market size, demand and revenue. The current Dermatology market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The global dermatology medical lasers market is expected to grow from $2.546 billion in 2020 to $3.087 billion in 2021 at a compound annual growth rate (CAGR) of 21.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5.509 billion in 2025 at a CAGR of 16%.

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Scope of this Report:

Markets Covered:1) By Device: Surgical Lasers ; Vascular Lasers 2) By End-users : Hospitals; Skin Care Clinics; Cosmetic Surgical Centres 3) By Application: Cancer; Hair Removal; Tattoo Removal; Resurfacing; Others
Companies Mentioned: Aerotel Medical Systems, Click Diagnostics, Dermlink, Allscripts Healthcare Solutions Inc., McKesson Corporation, Honeywell Life Care Solutions, Philips Healthcare, AMD Global Telemedicine INC, GE Healthcare, Iagnosis

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Industry News:

In March 2020, SemiNex Corporation, a U.S-based high-diode manufacturer, announced its collaboration with Dermal Photonics Corporation, a manufacturer of Nira skincare - a professional home laser technology. Through this collaboration, SemiNex Corporation plans to enhance home-based lasers for dermatology procedures. Dermal Photonics is a US-based medical device company.

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Executive Summary:

The dermatology medical lasers market covered in this report is segmented by device into surgical lasers; vascular lasers. It is also segmented by end-users into hospitals; skin care clinics; cosmetic surgical centres and by application into cancer; hair removal; tattoo removal; resurfacing; others.
The growing demand for cosmetic procedures is expected to drive the dermatology medical lasers market. There has been an increase in the number of people opting for cosmetic procedures to enhance the appearance levels and treatment of defects on the skin. As per the report of the American Society of Plastic Surgeons (ASPS), Americans spent $16.5 million on cosmetic procedures in 2018 and nearly 17.7 million cosmetic procedures were performed in 2018 up by 2% from 2017. Dermatology lasers are used in cosmetic procedures such as removal of fine lines, wrinkles, skin tightening, pigmented lesions, precancerous lesions, vascular lesions, tattoos, hair removal, acne scars, and others. Hence, the growing demand for cosmetic procedures among users aids in the growth of the dermatology medical lasers market. The survey by eMediHealth of 64 dermatologists from October to November 2019, drug therapy such as Isotretinoin and retinoids have a higher success rate for acne treatment with 75% dermatologist preferring it over laser therapy. Thus, the demand for alternatives is expected to restrain the market growth.

Regional Analysis For Dermatology Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

The research includes historic data from 2015 to 2021 and forecasts until 2030 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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