Dermatology Devices Market Analysis

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 6^th 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: