Dermatology Devices Market Size to Reach USD 16.13 Billion in 2030

VANCOUVER, BC, Feb. 1, 2023 /PRNewswire/ — The dermatology devices market size reached USD 5.46 Billion in 2021 and is expected to register a CAGR of 12.7% during the forecast period, according to latest analysis by Emergen Research. One key factor driving market revenue growth is rising prevalence of skin disorders. Public health is seriously affected by skin problems. Approximately between 70% and 30% of individuals across the world are affected. Chronic and acute skin problems affecting individuals of every age and socioeconomic backgrounds total more than 3000 in number. In terms of years lost owing to disability, skin conditions came in as the fourth most common non-fatal burden. In the upcoming years, there will thus be a greater need for diagnostics as well as treatment technologies for the treatment of various skin conditions. Emergen Research Logo Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ Demand for dermatology devices has significantly increased over the years owing to hi-tech innovations in aesthetic procedures and increasing FDA approvals for such new technologies. For instance, on 19 October 2022, The US Food and Drug Administration (FDA) approved the use of Vivace Ultra, the next generation as well as the future of individualized aesthetics. The device is intended for hemostasis and electrocoagulation operations in general surgical procedures and dermatologic. Furthermore, analysis of pictures of symptoms suggestive and prompt creation of a comprehensive, microscopic image of the skin demonstrates the potential of a new virtual histology technique. It accomplishes this by eliminating a number of commonly used processes in diagnosis, such as tissue fixation, skin biopsy, processing, sectioning, and histochemical staining. Restraints: There are numerous issues and difficulties facing the dermatology devices industry. Stringent regulatory policies for Medical Devices (MD) are one such factor. For instance, market revenue growth will be impacted by the new Medical Device Regulation (MDR) (Regulation EU 2017/745), which will have a substantial impact on suppliers of MD. The reclassification of medical device applications and software results in tighter regulatory authority supervision plus documentation standards, such as clinical evidence. To the advantage of the patients, the adjustments are expected to improve quality. Story continues Growth Projections: The dermatology devices market is expected to register a CAGR of 12.7% over the forecast period and revenue is projected to increase from USD 5.46 Billion in 2021 to USD 16.13 Billion in 2030. Devices that can be used at home to address dermatologic problems and cosmetic issues are becoming ever more popular. Lasers, intense pulsed light, radiofrequency, ultraviolet B phototherapy, and light-emitting diodes are examples of commercially accessible equipment. Home-based treatments are becoming increasingly popular since they are practical and affordable. Numerous FDA-approved dermatological home care products, a majority of which involve light, are already available on the market as a consequence of high consumer demand. This shift to care provided at home could be accelerated even more by the recent development of teledermatology. Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ 1462 Current Trends and Innovations: The dermatology devices industry is undergoing gradual change as a result of new technology and innovations. Dermatologists will soon be able to detect as well as treat skin conditions more accurately and successfully owing to digital technology. The use of lasers to enhance skin texture is one of the important developments currently. It could be accomplished using a variety of laser procedures, including laser hair removal, laser resurfacing, and laser vein therapy. Virtual Reality (VR), Artificial intelligence (AI), and other aesthetic procedures are being used in cosmetic dermatology as technology gets better. VR can be employed to mimic the effects of therapies, AI has the potential to diagnose skin issues and suggest remedies, and cosmetic procedures can be utilized to enhance the appearance of skin.Strategic Initiatives:Major companies included in the market report are Alma Lasers, Cutera, Cynosure, Lumenis Be Ltd., Bausch Health Companies Inc., Bruker, ZEISS International, Genesis Biosystems, Inc., HEINE Optotechnik GmbH & Co. KG, Michelson Diagnostics Limited.On 9 March 2022, Miiskin, a digital skin health platform , made its technology available to university academics for free, fostering digital cooperation in new UK dermatological research. It will make it possible for participants in skin care research to use the Miiskin app and communicate with dermatological researchers through a secure online portal to contribute high-resolution skin photographs and other structured patient-reported information.On 19 May 2022, a multi-target collaboration in medical dermatology was launched by German company Evotec and Spanish skin health expert Almirall. The firm’s research and development efforts are focused on finding and creating innovative therapies for severe skin illnesses, including immune-mediated inflammatory diseases like atopic dermatitis and non-melanoma skin cancers like basal cell carcinoma. Browse Full Report Description + Research Methodology + Table of Content + Infographics@ of Research Report DetailsOutcomeMarket size in 2021USD 5.46 BillionCAGR (2022–2030)12.7 %Revenue forecast to 2030USD 16.13 BillionBase year for estimate2021Historical data2021–cast2021–cast period 2022–2030 Quantitative units Revenue in USD Million and CAGR in % from 2022 to 2030. Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends. Segments covered Product, application, end-use, region. Regional scope North America; europe; Asia Pacific; Latin America; Middle East & Africa.Country scopeU.S., Canada, Mexico, Germany, UK, France, Spain, BENELUX, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia , UAE, Israel, Rest of MEA.Key companies profiledAlma Lasers, Cutera, Cynosure, Lumenis Be Ltd., Bausch Health Companies Inc., Bruker, ZEISS International, Genesis Biosystems, Inc., HEINE Optotechnik GmbH & Co. KG, Michelson Diagnostics Limited Customization scope 10 hours of free customization and expert consultation. Custom Requirements can be requested for this Report [Customization Available] @ Research has segmented dermatology devices market on the basis of product, application, end-use, and region:Product Outlook (Revenue, USD Billion; 2019–2030 )Application Outlook (Revenue, USD Billion; 2019–2030)Latest Research Reports Published by Emergen Research:Wearable Tattoo Monitors Market, By Application (Sports & Fitness, Remote Patient Monitoring), By Type (Graphene Tattoo, Nano Tattoo), By Product (Smart Tattoo), By Region Forecast to 2032 Medical Grade Hyaluronic Acid Market, By Industry (Pharmaceutical, Nutraceutical, and Others), By Application (Cosmetics, Dermal Fillers, Osteoarthritis, and Others), and By Region Forecast to 2032 Sensory Organ Drugs Market, By Organ Type (Eyes, Ears, Nose, and Others), By Route of Administration (Oral Route, Nasal Route, and Others), By End-Use (Hospitals, Home-Care Settings, and Others), and By Region Forecast to 2032 Chronic Graft versus Host Disease Market, By Treatmen t Type (Corticosteroids, Tyrosine Kinase Inhibitors, Monoclonal Antibodies, Others), By Distribution Channel, By Region Forecast to 2030Digital Pathology Market, By Product (Hardware, Software), By Application (Primary Disease Diagnosis, Drug Discovery), By End-use (Biotechnology Industry, Hospitals), By Region Forecast to 2030Cable Trunking Market By Type (Surface-Mounted Trunking, Floor Trunking, Ladder Trunking, Others), By Material (Polyvinyl Chloride [PVC], Stainless Steel, Aluminum, Others), By Application, and By Region Forecast to 2032Tachograph Cards Market By Type (Analogue, Digital, and Smart), By Usage (Drivers Cards, Company Cards, Workshop Cards, and Company Cards), By Application (Passenger Vehicles and Commercial Vehicles), and By Region Forecast to 2032 Battery Tester Market, By Product (Carbon Pile Battery Tester and Others), By End-Use (Energy & Power and Others) and By Region Forecast to 2032 Noninvasive Hemoglobin Monitoring Devices Market, By Product Type (Continuous Hemoglobin Monitor and Spot Check Hemoglobin Monitor), By Application (Anemia, Polycythemia, and Others), By End-Use, and By Region Forecast to 2032 Fetal Monitoring Market, By Product (Ultrasound Devices, Electronic Maternal/Fetal Monitors , Fetal Doppler Devices, and Uterine Contraction Monitors), By Portability, By Method, By Application, By End-Use, and By Region Forecast to 2032 About Emergen Research Emergen Research is a market research and consulting comp any that provides syndicated research reports, customized research reports, and consulting services. 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