Revenue from the Sales of Dermatology Devices to Surge Exponentially Owing To High Demand During COVID-19 Lockdown

In this pandemic situation the World economy will go on recession, in this condition how “Dermatology Devices Market” is running , their growth, market emerging and market nature, XploreMR provides useful insights on the competitive landscape and key player strategies in a new study titled “Dermatology Devices Market: Rising Demand for Non-invasive Dermatological Procedures Boosting Market Growth: Global Industry Analysis and Opportunity Assessment, 2016-2026

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.

Rising demand for non-invasive dermatological procedures and increasing aesthetic awareness are factors boosting the adoption of dermatology devices globally

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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).

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Market segmentation

By Product Type
  • Lasers
    • Fractional
    • Diode
    • InfraRed
    • Alexandrite laser
    • Nd:YAG
    • Pulsed
    • Potassium Titanyl Phosphate (KTP)
  • RF Devices
  • Microdermabrasion Devices
  • Others

By Application

  • Vascular Lesions
  • Tattoo Removal
  • Hair Removal
  • Wrinkle Removal
  • Scar Removal
  • Acne Removal
  • Others

By End User

  • Hospitals
  • Specialty Dermatology Clinics
  • Private Clinics

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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