Market Size of Global Dermatology Devices Industry
![Dermatology Devices Market Summary](https://s3.mordorintelligence.com/dermatology-devices-market/1661843902481_dermatology-devices-market_Market_Summary.webp)
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 12.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Dermatology Devices Market Analysis
The Dermatology Devices Market is expected to register a CAGR of 12.3% during the forecast period (2022-2027).
The outbreak of the COVID-19 pandemic significantly impacted the dermatology devices market. The closure of non-essential businesses disrupted the dermatology industry. According to a survey by Hamilton Fraser Cosmetic Insurance, conducted in March 2020 with 1,360 cosmetic practitioners in the United Kingdom to assess the impact of the pandemic on cosmetic procedures, stated that 99.78% of practitioners revealed that their practice was affected during the current pandemic. Thus, COVID-19 significantly impacted the growth rate of the market over the pandemic phase, although, with the upliftment of the lockdowns and the resumption of cosmetic treatments globally, the market is expected to show growth over time.
Factors such as the growing geriatric population, increasing awareness about aesthetic procedures, and technological advancements in dermatology devices are expected to propel the growth of the market.
The growing number of aesthetic procedures performed across the world also creates the need for dermatological devices and hence drives the growth of the market. For instance, according to the International Society of Plastic Surgeons report released in December 2021, the total number of aesthetic/cosmetic procedures performed in the year 2020 worldwide for breast augmentation were 1,624,281, liposuction (1,525,197), eyelid surgery (1,225,540), rhinoplasty (852,554), and abdominoplasty (765,248). Furthermore, the launch of technologically advanced products is also propelling the growth of the market. For instance, in December 2021, Obagi, a science-based skincare company and one of the leaders in professional skincare products, launched the Skintrinsiq device and made its entry into the complementary skincare device market. Obagi is one of the first professional skincare companies to design and develop a professional-use facial device offering an advanced delivery system for Obagi's transformational products.
Additionally, the strategic initiatives taken by the market players and approvals for the products are also boosting the growth of the market. For instance, in June 2022, Casio Computer Co., Ltd. issued an EU Declaration of Conformity regarding the DZ-D100 dermatology camera and DZ-S50 dermatology scope after the completion of conformity studies for European Medical Device Regulations (MDR). It also reported that the DZ-D100 and DZ-S50 are expected to launch in Europe in August 2022 and are scheduled to be sold by Casio Europe GmbH (Norderstedt, Germany) and Casio Electronics Co. Ltd. (Wembley, UK). Such initiatives are expected to have a positive impact on the growth of the market.
Thus, owing to the abovementioned factors, the market is expected to have significant growth over the forecast period. However, the side effects related to dermatological treatments and stringent regulatory policies for medical devices may hamper the growth of the market over the analysis period.
Dermatology Devices Industry Segmentation
As per the scope of the report, dermatology devices are devices that are installed in hospitals and dermatology clinics to assist physicians and non-physician clinicians. These dermatology devices are used for the diagnosis and treatment of skin-related disorders, cosmetic surgery, and replacement of deformed, damaged, or lost parts of the body; acne; genital herpes; liposuction; skin wounds; venous leg ulcers; genital warts, and others. The market is segmented by diagnostic devices type (imaging devices, dermatoscopes, and microscopes), diagnostic devices application (skin cancer diagnosis and other diagnostic device applications), treatment devices type (light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion devices, and cryotherapy devices), treatment devices application (vascular lesions, acne, psoriasis, and tattoo removal, hair removal, wrinkle removal, body contouring and fat removal, and other treatment device applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above-mentioned segments.
By Diagnostic Devices Type | |
Imaging Devices | |
Dermatoscopes | |
Microscopes |
By Diagnostic Devices Application | |
Skin Cancer Diagnosis | |
Other Diagnostic Device Applications |
By Treatment Devices Type | |
Light Therapy Devices | |
Lasers | |
Electrosurgical Equipment | |
Liposuction Devices | |
Microdermabrasion Devices | |
Cryotherapy Devices |
By Treatment Devices Application | |
Vascular Lesions | |
Acne, Psoriasis, and Tattoo Removal | |
Hair Removal | |
Wrinkle Removal | |
Body Contouring and Fat Removal | |
Other Treatment Device Applications |
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Global Dermatology Devices Market Size Summary
The dermatology devices market is poised for significant growth, driven by factors such as an aging population, increased awareness of aesthetic procedures, and technological advancements in devices. The market experienced disruptions due to the COVID-19 pandemic, which led to the closure of non-essential businesses and a temporary decline in cosmetic procedures. However, as lockdowns were lifted and treatments resumed, the market began to recover. The rising number of aesthetic procedures globally has created a robust demand for dermatological devices. Innovations, such as the launch of advanced products like Obagi's Skintrinsiq device and Casio's dermatology camera and scope, are further propelling market expansion. Strategic initiatives and regulatory approvals also play a crucial role in enhancing market growth, despite potential challenges posed by side effects and stringent medical device regulations.
North America holds a significant share of the dermatology devices market, driven by the increasing prevalence of skin conditions and a heightened awareness of aesthetic procedures. The region's market growth is supported by advancements in medical technology that offer efficient and cost-effective patient care. The demand for dermatology devices is bolstered by the rising incidence of skin cancer and other skin diseases, prompting the development and approval of innovative devices. Key players in the market, such as Cutera Inc., Hologic Inc. (Cynosure Inc.), and Lumenis Ltd., are expanding their product portfolios through continuous innovation and strategic growth initiatives. The competitive landscape is characterized by the introduction of new technologies and devices, such as Cynosure's PicoSure Pro and Skin Science Solutions' ICOONE roboderm, which contribute to the market's dynamic growth trajectory.
Global Dermatology Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Incidences of Skin Disorders
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1.2.2 Technological Advancements in Skin Care Devices
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1.2.3 Increasing Awareness on Aesthetic Procedures
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1.3 Market Restraints
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1.3.1 Side Effects Related To Dermatological Treatments
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1.3.2 Stringent Regulatory Policies for Medical Devices
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Diagnostic Devices Type
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2.1.1 Imaging Devices
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2.1.2 Dermatoscopes
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2.1.3 Microscopes
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2.2 By Diagnostic Devices Application
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2.2.1 Skin Cancer Diagnosis
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2.2.2 Other Diagnostic Device Applications
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2.3 By Treatment Devices Type
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2.3.1 Light Therapy Devices
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2.3.2 Lasers
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2.3.3 Electrosurgical Equipment
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2.3.4 Liposuction Devices
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2.3.5 Microdermabrasion Devices
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2.3.6 Cryotherapy Devices
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2.4 By Treatment Devices Application
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2.4.1 Vascular Lesions
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2.4.2 Acne, Psoriasis, and Tattoo Removal
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2.4.3 Hair Removal
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2.4.4 Wrinkle Removal
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2.4.5 Body Contouring and Fat Removal
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2.4.6 Other Treatment Device Applications
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2.5 Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Mexico
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2.5.2 Europe
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2.5.2.1 Germany
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2.5.2.2 United Kingdom
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2.5.2.3 France
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2.5.2.4 Italy
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2.5.2.5 Spain
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2.5.2.6 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 China
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2.5.3.2 Japan
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2.5.3.3 India
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2.5.3.4 Australia
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2.5.3.5 South Korea
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2.5.3.6 Rest of Asia Pacific
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2.5.4 Middle East and Africa
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2.5.4.1 GCC
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2.5.4.2 South Africa
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2.5.4.3 Rest of Middle East and Africa
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2.5.5 South America
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2.5.5.1 Brazil
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2.5.5.2 Argentina
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2.5.5.3 Rest of South America
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Global Dermatology Devices Market Size FAQs
What is the current Global Dermatology Devices Market size?
The Global Dermatology Devices Market is projected to register a CAGR of 12.30% during the forecast period (2024-2029)
Who are the key players in Global Dermatology Devices Market?
Cutera Inc., Hologic Inc. (Cynosure Inc.), Lumenis Ltd, Alma Lasers and Candela Corporation are the major companies operating in the Global Dermatology Devices Market.