Dermatology Devices Market Projected to Register a CAGR of 7.0% and Valued at US$ 5,307.6 Mn by the end of 2026

Albany, USA, 2018-Jul-17 — /EPR Network/ —As the large amount of data is being generated everyday by companies all over the world, a new research study titled Dermatology Devices Market: Rising Demand for Non-invasive Dermatological Procedures Boosting Market Growth: Global Industry Analysis and Opportunity Assessment, 2016-2026 has been generated and recently added into the vast database of Market Research Reports Search Engine (MRRSE). The report is a result of in-depth analysis of global Dermatology devices market covering its past trends and estimating future prospects during assessment period 2016 to 2026.

To Get Free Sample Report @ https://www.mrrse.com/sample/2716

Dermatology devices comprise lasers, RF devices, microdermabrasion devices, and other related accessories. These devices are installed in hospitals and dermatology clinics to assist physicians and non-physician clinicians to treat skin diseases and are also used to diagnose skin cancer. In terms of revenue, the global dermatology devices market is projected to register a CAGR of 7.0% during the forecast period and is expected to be valued at US$ 5,307.6 Mn by the end of 2026.

Click here For Free Sample Report @ https://www.mrrse.com/sample/2716

Growth of the global dermatology devices market is primarily driven by increasing prevalence of skin problems including acne leading to scars, growing demand for at-home devices, and significant increase in non-invasive liposuction procedures along with a growing obese population. The global market for dermatology devices is expected to witness a significant growth rate in terms of value owing to an increasing aesthetic awareness, increasing fashion consciousness, and the growing demand for non-invasive cosmetic correction procedures. Moreover, growing healthcare expenditure, increasing geriatric population, and rising disposable income is creating high potential growth opportunities for players operating in the global dermatology devices market.

However, high costs of dermatological treatments, side effects related to dermatological treatments, and uncertainty related to U.S. Healthcare reforms might hinder market growth over the forecast period (2016 – 2026).

In terms of revenue share, the Lasers segment dominated the global dermatology devices market in 2015 and is expected to dominate throughout the forecast period, registering a higher CAGR over the forecast period. The RF Devices segment is expected to witness a CAGR of 6.6% in terms of value over the forecast period.

The Vascular Lesions segment held maximum share in 2015 and is expected to continue its dominance throughout the forecast period. The Tattoo Removal segment is anticipated to reach US$ 943.9 Mn by 2026 owing to an increase in awareness among people regarding the health hazards caused by tattoo ink at later stages of life.

The Speciality Dermatology Clinics segment is estimated to account for 36.2% revenue share of the global dermatology devices market by 2016 end. Number of patients preferring private clinics over hospitals has been increasing over the years, as additional costs such as management costs are not associated with private clinics.

Browse Full Report With TOC Click here @ https://www.mrrse.com/dermatology-devices-market

North America is expected to dominate the global market by 2016 end

The North America regional market is anticipated to account for 22.6% revenue share of the global dermatology devices market by 2016 end and is expected to gain in terms of market share due to increase in skin disorders, skin cancer, and a growing preference for cosmetic surgeries. In terms of value, Eastern Europe is expected to register the highest CAGR of 8.6% over the forecast period.

Valeant Pharmaceuticals International Inc., Cynosure Inc., Lumenis, Syneron Candela Ltd., Avita Medical Ltd., Shanghai Fosun Pharmaceutical Group Co. Ltd., Cutera, Lutronics Corporation, and Beijing Toplaser Technology Co. Ltd. are some of the top companies operating in the global dermatology devices market.

Make An Enquiry@ https://www.mrrse.com/enquiry/2716

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY – 12207(United State)
Telephone: +1-518-730-0559(US, Canada toll free no)
Email: sales@mrrse.com
Website: https://www.mrrse.com/

Matched content

Editor’s pick

Express Press Release Distribution