The global dermatology devices market size was estimated to be USD 13.27 billion in 2023 and is expected to reach at USD 48.7 billion by 2033 with a CAGR of 12.54% during the forecast period 2023-2033. Rising prevalence of skin cancer, increasing awareness about the aesthetic procedures, growing technological advancements in dermatology devices, surge in disposable income, rising prevalence of melanoma & non-melanoma skin cancers, growing adoption of advanced technologies, increasing cosmetic procedures, surge in minimally invasive procedures, rising innovative product launch, and growing product approvals by regulatory bodies are some of the key factors boosting the market growth.
Increasing product approvals by United States Food and Drug Administration (FDA) is predicted to boost the market growth during the forecast period. For instance, in April 2021, Crown Aesthetics, a division of Crown Laboratories, Inc., has obtained clearance from the United States Food and Drug Administration (FDA) for SkinPen Precision. This clearance enables the use of SkinPen Precision, a Microneedling Technology, in treating neck wrinkles, solidifying Crown Aesthetics' position as a leader in the field.
By Product, Treatment devices was the highest revenue-grossing segment in the global dermatology devices market in 2022 owing to increasing prevalence of skin cancer, rising usage of laser products, growing technological advancements, and surge in launch FDA approved novel technologies. For instance, in June 2022, Cynosure has introduced the PicoSure Pro, the latest advancement in its PicoSure platform. This device is among the initial 755nm picosecond lasers to receive clearance from the United States Food and Drug Administration (FDA). Additionally, Diagnostic devices is predicted to grow at fastest CAGR during the forecast period owing to the presence of advanced technologies, rising cases of skin cancer, and growing demand for early diagnosis.
By Application, Treatment devices was the highest revenue-grossing segment in the global dermatology devices market in 2022 owing to rising demand for hair removal procedures, increasing technological advancements, growing demand for cosmetic laser treatments such as tattoo removal, skin resurfacing, and skin tightening. For instance, in January 2022, Lumenis has introduced the Splendor X device to the UK market. The device has been granted a CE mark for various treatments including hair removal, vascular treatments, pigmented lesions, and wrinkle treatment. The system utilizes BLEND X technology, which emits a combination of Nd: YAG (1064 nm) and Alexandrite (755 nm) wavelengths in synchronized and adjustable ratios. Additionally, Diagnostic devices is predicted to grow at fastest CAGR during the forecast period owing to the rising adoption of technologically advanced & efficient dermatology devices, increasing need of skin disease diagnosis and treatments
By End-user, Hospitals was the highest revenue-grossing segment in the global dermatology devices market in 2022 owing to growing adoption of advanced dermatology equipment in hospital settings and surge in number of visits for skin disease diagnosis & treatments. Additionally, clinics is predicted to grow at fastest CAGR during the forecast period owing to the rising focus on the diagnosis and treatment of skin conditions, surge in dermatology procedures such as both surgical and nonsurgical services are offered by certified plastic surgeons in clinics, and increasing initiatives by key market players. For instance, in March 2022, Candela joined forces with The Vascular Birthmarks Foundation, Dr. Giacomo Colletti, and Laserplast to provide free laser treatments in Milan to more than 30 eligible patients from 13 countries.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing prevalence of skin diseases, rising awareness about aesthetic procedures, growing healthcare expenditures, increasing adoption of cosmetic procedures, surge in technological advancements, and rising product launches. For instance, in July 2020, Pro Polish Microdermabrasion Device was invented by Lancer Skincare to increase the efficiency of their skincare regimen. This patented handheld device provides surface-level microdermabrasion to enhance skincare results. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the surge in medical tourism due to the availability of affordable treatment options, increasing investment in research & development by major market players, rising beauty consciousness among consumers, growing product launches, and surge in initiatives by key market players. For instance, in May 2023, STRATA Skin Sciences, Inc. has recently signed an exclusive three-year agreement with Spectra Medical India Pvt Ltd. for the exclusive distribution of TheraClear®X, VTRAC®, and XTRAC® in the Indian market.
Increasing product approvals by United States Food and Drug Administration (FDA) is predicted to boost the market growth during the forecast period. For instance, in April 2021, Crown Aesthetics, a division of Crown Laboratories, Inc., has obtained clearance from the United States Food and Drug Administration (FDA) for SkinPen Precision. This clearance enables the use of SkinPen Precision, a Microneedling Technology, in treating neck wrinkles, solidifying Crown Aesthetics' position as a leader in the field.
By Product, Treatment devices was the highest revenue-grossing segment in the global dermatology devices market in 2022 owing to increasing prevalence of skin cancer, rising usage of laser products, growing technological advancements, and surge in launch FDA approved novel technologies. For instance, in June 2022, Cynosure has introduced the PicoSure Pro, the latest advancement in its PicoSure platform. This device is among the initial 755nm picosecond lasers to receive clearance from the United States Food and Drug Administration (FDA). Additionally, Diagnostic devices is predicted to grow at fastest CAGR during the forecast period owing to the presence of advanced technologies, rising cases of skin cancer, and growing demand for early diagnosis.
By Application, Treatment devices was the highest revenue-grossing segment in the global dermatology devices market in 2022 owing to rising demand for hair removal procedures, increasing technological advancements, growing demand for cosmetic laser treatments such as tattoo removal, skin resurfacing, and skin tightening. For instance, in January 2022, Lumenis has introduced the Splendor X device to the UK market. The device has been granted a CE mark for various treatments including hair removal, vascular treatments, pigmented lesions, and wrinkle treatment. The system utilizes BLEND X technology, which emits a combination of Nd: YAG (1064 nm) and Alexandrite (755 nm) wavelengths in synchronized and adjustable ratios. Additionally, Diagnostic devices is predicted to grow at fastest CAGR during the forecast period owing to the rising adoption of technologically advanced & efficient dermatology devices, increasing need of skin disease diagnosis and treatments
By End-user, Hospitals was the highest revenue-grossing segment in the global dermatology devices market in 2022 owing to growing adoption of advanced dermatology equipment in hospital settings and surge in number of visits for skin disease diagnosis & treatments. Additionally, clinics is predicted to grow at fastest CAGR during the forecast period owing to the rising focus on the diagnosis and treatment of skin conditions, surge in dermatology procedures such as both surgical and nonsurgical services are offered by certified plastic surgeons in clinics, and increasing initiatives by key market players. For instance, in March 2022, Candela joined forces with The Vascular Birthmarks Foundation, Dr. Giacomo Colletti, and Laserplast to provide free laser treatments in Milan to more than 30 eligible patients from 13 countries.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing prevalence of skin diseases, rising awareness about aesthetic procedures, growing healthcare expenditures, increasing adoption of cosmetic procedures, surge in technological advancements, and rising product launches. For instance, in July 2020, Pro Polish Microdermabrasion Device was invented by Lancer Skincare to increase the efficiency of their skincare regimen. This patented handheld device provides surface-level microdermabrasion to enhance skincare results. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the surge in medical tourism due to the availability of affordable treatment options, increasing investment in research & development by major market players, rising beauty consciousness among consumers, growing product launches, and surge in initiatives by key market players. For instance, in May 2023, STRATA Skin Sciences, Inc. has recently signed an exclusive three-year agreement with Spectra Medical India Pvt Ltd. for the exclusive distribution of TheraClear®X, VTRAC®, and XTRAC® in the Indian market.
Segmentation: Dermatology Devices Market Report 2022 - 2033
Dermatology Devices Market Analysis & Forecast by Product 2022 - 2033 (Revenue USD Bn)
Diagnostic Devices
- Microscopes
- Dermatoscopess
- Biopsy Devices
- Other Imaging Devices
Treatment Devices
- Lasers
- Liposuction Devices
- Light Therapy Devices
- Cryotherapy Devices
- Microdermabrasion Devices
- Electrosurgical Equipment
Dermatology Devices Market Analysis & Forecast by Application 2022 - 2033 (Revenue USD Bn)
Diagnostic Devices
- Skin Cancer Diagnosis
- Other
Treatment Devices
- Skin Rejuvenation
- Acne
- Psoriasis and Tattoo Removal
- Cellulite Reduction
- Hair Removal
- Body Contouring and Fat Removal
- Vascular and Pigmented Lesion Removal
- Wrinkle Removal and Skin Resurfacing
- Others
Dermatology Devices Market Analysis & Forecast by End-user 2022 - 2033 (Revenue USD Bn)
- Clinics
- Hospitals
- Others
Dermatology Devices Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Bn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Dermatology Devices Market: Product Estimates & Trend Analysis
8. Dermatology Devices Market: Application Estimates & Trend Analysis
9. Dermatology Devices Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Dermatology Devices Market
12. Europe Global Dermatology Devices Market
13. Asia Pacific Global Dermatology Devices Market
14. Latin America Global Dermatology Devices Market
15. MEA Global Dermatology Devices Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Alma Lasers GmbH
- Cynosure Inc.
- Solta Medical Inc.
- Cutera Inc.
- Syneron Medical Ltd.
- Canfield Scientific Inc.
- 3Gen
- Aesthetic Group
- Ambicare Health
- Image Derm Inc.
- Lumenis Ltd.
- Bausch Health Companies Inc
- Bruker Corporation
- Carl Zeiss
- Genesis Biosystems Inc.
- Heine Optotechnik GmbH & Co. Kg
- Michelson Diagnostics Ltd.
- Photomedex Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | August 2023 |
Forecast Period | 2022 - 2033 |
Estimated Market Value ( USD | $ 13.27 Billion |
Forecasted Market Value ( USD | $ 48.7 Billion |
Compound Annual Growth Rate | 12.5% |
Regions Covered | Global |
No. of Companies Mentioned | 18 |