Dermatology Devices Market: Hospitals are Estimated to Remain the Largest End-Users

Posted on 2019-05-02 by Mark Hub in Healthcare // 0 Comments

Rockville, USA, 2019-May-02 — /EPR Network/ — Dermatology devices include RF devices, microdermabrasion devices, lasers and various other accessories. These devices are being installed in several hospitals as well as dermatology clinics, for assisting non-physician clinicians and physicians in treating skin-related diseases. This Fact.MR report analyzes the expansion of global dermatology devices market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

Increasing geriatric population across the world have propelled the demand for the dermatology devices, which in turn has contributed to the growth of the dermatology devices market. Rising adoption of dermatology devices in parallel to the rapid adoption of technology in the dermatology clinics and hospitals for treating skin disorders have been prominent factors for the growth of dermatology devices market.

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Spur in the spending capability of consumers have facilitated the access to these devices. Pervasiveness of skin disorders has been rising at the global level, which has created demand for acute treatment devices. Developments in the treatment methodologies such as liposuction devices and laser instruments have been successful in attracting the attention of the consumers. A recent report published by Fact.MR states that the global dermatology devices market is anticipated to surpass the whopping value of US$ 1,000 Mn by 2022.

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On the basis of geography, the market has been divided into North America, Europe, Latin America, Japan, Asia Pacific except Japan (APEJ), and Middle East and Africa. A brief analysis for each of these regions have been incorporated in this descriptive region, along with revenue comparison, depending on the end user, product type, and application.

North America to Remain Dominant in the Global Dermatology Devices Market

North America is projected to retain its dominance in the global dermatology devices market, in terms of revenues. Sales of dermatology devices in Asia Pacific excluding Japan (APEJ) will exhibit the highest CAGR through 2022, followed by Europe. Europe will continue to remain the second largest market for dermatology devices over the forecast period.

Radiofrequency electrosurgery devices will remain the most lucrative dermatology devices, and revenues from sales of these devices will account for over one-third share of the market during 2017 to 2022. Sales of ultrasonic electrosurgery devices are expected to account for the lowest revenues in the market.

Dermatology devices sales across Asia Pacific excluding Japan (APEJ) are expected to exhibit the fastest expansion over the forecast period, followed by Europe. Europe is projected to remain the second most lucrative market for sales of dermatology devices.

Dermatology Devices Market: Purview of the Report

This detailed study begins with a detailed executive summary of the dermatology devices market. This comprehensive report lends an in-depth overview on the important market definitions and market dynamics that aid the stakeholders of this market gain valuable insights on the market scenario. Besides a comprehensive analytics on the key demand drivers of this market, the brief study assesses and incorporates latest trends, recent developments, restraints, challenges, threats, and opportunities that has an evident impact on the market.

This detailed study provides a brief view on several macroeconomic and microeconomic factors that influence the market growth. This descriptive study has been forecasted for the period 2017 – 2022. The market evaluation has been done in terms of revenue (US$ Mn).

This elaborative study provides key information on the supply chain analysis, y-o-y growth of this market, and average pricing analysis.

The attractiveness of this market has been estimated and incorporated in this study to provide a holistic outlook on the dermatology devices market. A detailed taxonomy of this market at the global level has been evaluated and included in the report, depending on the type of product type, end user, application, and region.

Key players mentioned in Fact.MR’s report on the Global dermatology devices market include B. Braun Melsungen AG, Erbe Elektromedizin GmbH, Heal Force Bio-meditech Holdings Limited, Johnson & Johnson Private Limited, Bovie Medical Corporation, Medtronic Plc, Smith and Nephew Co., and AngioDynamics, Inc.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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