Dermatology Devices Market size was over USD 17.36 billion in 2024 and is poised to reach USD 80.35 billion by the end of 2037, witnessing around 12.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of dermatology devices is assessed at USD 19.11 billion. The growth of the market can be attributed to the increasing count of people suffering from hair loss problems and skin issues. Hair loss has been a common problem among people, the occurrence of problems is associated with unhealthy food habits, pollution, stress, and others. hair loss problems can be pseudo-treated by microblading and can be permanently treated by micro grafting. These procedures are likely to boost the demand for dermatological devices. About 80% of Americans experience hair loss, while 15% of women experience acne outbreaks, according to the American Academy of Dermatology Association.
In addition to these, factors that are believed to fuel the market growth of the dermatology devices market include the increased prevalence of skin procedures, including microneedling and dermabrasion, owing to its lesser invasion, higher effectiveness and quick process. The National Library of Medicine claims that microneedling increases the delivery of drugs through the skin's physical barriers. Evidently, this has led to a 47% enlargement of the follicular infundibulum, which helps to further boost the flow of medication through the skin barrier. In addition, around 3 million treatments involving tissue fillers were carried out globally in 2020. Additionally, nearly 140,000 dermabrasion treatments were performed globally.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
12.5% |
Base Year Market Size (2024) |
USD 17.36 billion |
Forecast Year Market Size (2037) |
USD 80.35 billion |
Regional Scope |
|
Product (Diagnostic Device, Therapeutic Devices)
The global dermatology devices market is segmented and analyzed for demand and supply by product into a diagnostic device, and therapeutic device. Out of the two types of products, the therapeutic device segment is estimated to gain the largest market revenue at the end of 2037, by growing at a CAGR of 11.2% over the projected time frame. The growth of the segment can be attributed to the higher usage of liposuction therapy. The rising obsession of people to achieve an appealing look and to reduce unnecessary fat from their bodies has increased the popularity of liposuction. In 2020, around 300,000 liposuction procedures were carried out in America, making it the most popular cosmetic surgery. On the other hand, other therapeutic devices, such as cryotherapy devices are used in the treatment of skin cancer. Therefore, rising cases of cancer are expected to augment segment growth. In the United States, every day around 9500 people get diagnosed with skin cancer, making it the most common cancer in the U.S. Furthermore, the therapeutic device segment is categorized into lasers, electrosurgical devices, phototherapy devices, microdermabras ion devices, liposuction devices, and cryotherapy devices. Amongst these, the lasers segment is projected to garner the largest revenue of USD 6668.5 Million by the end of 2031.
Application (Diagnostic Device, Treatment Device)
The global dermatology devices market is also segmented and analyzed for demand and supply by application into diagnostic device and treatment device. Out of the two, the treatment device is to garner the maximum revenue at the end of 2037 by growing at a CAGR of 11.2% over the forecast period. The treatment device segment is further fragmented into cellulite reduction, hair removal, acne, psoriasis & tattoo removal, body contouring & fat removal, skin rejuvenation, wrinkle removal & skin resurfacing, vascular & pigment lesion removal and others. The segment growth is expected on the account of growing popularity of skin tightening, skin rejuvenating, and body contouring, including breast augmentation and nose reshaping. In 2021, skin tightening was the 6th most popular non-surgical treatment, and around 10 million non-surgical skin tightening procedures were performed on females in 2020 Furthermore, in 2018, about 300 thousand of breast reshaping and nearly 200,000 nose augmentation were carried out.
Our in-depth analysis of the global market includes the following segments:
By Product |
|
By Application |
|
By End Use |
|
North American Market Forecast
The North American dermatology devices market share is estimated to cross 44% by 2037. The growth of the market can be attributed majorly to the higher rate of tattoo removal and the increased number of people wanting cosmetic treatment and plastic surgery for various purposes, such as breast shaping, tissue fillers, eyelid surgery, and others. All these cosmetic treatments are expected to create huge demand for dermatological procedures. In 2020, around 30% of Americans have tattoos and nearly 23% of the total population want their removal which makes up around 20 million people. Moreover, in 2020, around 400,000 noses reshaping surgery, and more than 4 million minimal cosmetics minimally invasive surgery has been carried out.
Alma Lasers one of the world's leading providers of power-based medical and aesthetic solutions introduced the new Alma PrimeXTM platform. It is a non-invasive treatment for body contouring and skin tightening.
Canfield Scientific, Inc., the "Andreas Syggros" Hospital Melanoma and Skin Cancer Center has received a donation from the Onassis Foundation for the first VECTRA® WB360 whole-body imaging equipment in Greece, designed by Canfield.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?