Dermatology Market is Expected to Reach $11,337.0 Million by 2019 - New Report by MarketsandMarkets
(PRWEB) February 05, 2015 -- The global dermatology devices market is expected to reach $11,337.0 million by 2019 from $6,578.23 million in 2014 growing at a CAGR of 11.50%. The report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the global dermatology devices market along with the estimates and forecasts of the revenue and market share analysis.
Browse market data tables and in-depth TOC of the Global Dermatology Devices Market.
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Rising incidences of skin disorders and increasing awareness of aesthetic procedures are the primary growth drivers for this market during the forecast period. Moreover technological advancements and increasing healthcare expenditures are also expected to drive market growth. However, reimbursement issues and stringent regulatory policies for medical devices may hinder the growth of this market.
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The global dermatology devices market is segmented on the basis of applications and products. On the basis of products, the market is segmented into diagnostic and treatment devices. The diagnostic devices product segment is further sub segmented into dermatoscopes, microscope and imaging techniques. Of these, the imaging techniques subsegment accounted for the largest share of the global dermatology diagnostic devices market in 2014. On the other hand the treatment devices product segment is subsegmented into light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion, and cryotherapy devices.
By application, the market is divided into diagnostic applications and treatment applications. The diagnostic applications are further segmented into skin cancer diagnosis and other diagnostic applications, whereas the treatment applications include hair removal, skin rejuvenation, pigmented lesions, vascular lesions, wrinkle removal, skin resurfacing, acne, psoriasis, tattoo removal, and other treatment applications. Of these, the skin cancer diagnosis and hair removal application segments accounted for the largest share of the global dermatology diagnostic and treatment devices application market in 2014, respectively.
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The geographic segments included in this report are Asia, Europe, North America, and Rest of the World (RoW). North America includes Canada and the U.S. The Asian segment is further divided into China, India, Japan, and Rest of Asia.
The major players of this market are 3Gen Inc., (U.S.) Alma Lasers, Ltd. (Israel), Bruker Corporation (U.S.), Carl Zeiss (Germany), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), Genesis Biosystems, Inc. (U.S.), HEINE Optotechnik GmbH & Co. KG (Germany), Lumenis Ltd. (Israel), Michelson Diagnostics (U.K.), PhotoMedex, Inc. (U.S.), and Solta Medical, Inc. (U.S.).
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