North American Dermatology Treatment Devices Market Expected to Reach $5,016.2 Million by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 10, 2015 -- The North American dermatology treatment market report defines and segments the concerned market with analysis and forecast of revenue. This market is expected to reach $5,016.2 million by 2019 and is estimated to grow at a CAGR of 10.1% from 2014 to 2019.
Browse through the TOC of North American Dermatology Treatment Devices Market for an analysis of industry trends, segments & forecasts.
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Dermatology treatment devices are used in the treatment of various skin disorders and cancer. With the increasing prevalence of skin disorders, there is a high demand for dermatology diagnosis as it aids in the early and easy detection of various disorders that are not visible with the naked eye. Such diagnostic devices help in improving the rate of survival and reducing the morbidity rate and cost of care. Currently, various technologies are being applied to make the diagnosis rapid and efficient, so that the diagnosis is non-invasive, and with minimum errors.
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The increasing demand for aesthetic procedures and less-invasive surgeries, and the rising need for quick recovery are factors that influence the demand for dermatology treatment devices. Moreover, rise in insurance coverage and disposable incomes, due to the increasing employment in the North American region, are further driving market growth.
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Based on type, the North American dermatology treatment devices market is segmented into LED light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion devices, and cryotherapy devices. The lasers segment held the highest market share in 2014, and is also the fastest-growing segment, expected to grow at a CAGR of 12.3% during the forecast period.
Geographically, the North American region has been segmented into the U.S, Canada, and Mexico. The U.S. held the largest market share in 2014. Canada is expected to be the fastest-growing market, growing at a CAGR of 11.5% during the forecast period.
This report also includes market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market.
Related Report
Asian Dermatology Devices Market
This report covers definition, description, and forecast for the Asian dermatology devices market. It involves a detailed analysis of the market segmentation, which comprises types and end-users. The report also provides the strategic analysis of the key players in this market. Based on product types, the Asian dermatology devices market has been segmented into dermatology treatment devices and dermatology diagnostic devices, wherein the dermatology treatment devices segment dominates the market, having accounted for a 94.6% of the overall market share in 2014. On the basis of end-users, the dermatology devices market is categorized into hospitals and clinics.
http://www.micromarketmonitor.com/market/asia-dermatology-devices-2779923939.html
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