Increasing geriatric population across the world have propelled the demand for the dermatology devices, which in turn has contributed to the growth of the dermatology devices market. Rising adoption of dermatology devices in parallel to the rapid adoption of technology in the dermatology clinics and hospitals for treating skin disorders have been prominent factors for the growth of dermatology devices market.
Spur in the spending capability of consumers have facilitated the access to these devices. Pervasiveness of skin disorders has been rising at the global level, which has created demand for acute treatment devices. Developments in the treatment methodologies such as liposuction devices and laser instruments have been successful in attracting the attention of the consumers. A recent report published by Fact.MR states that the global dermatology devices market is anticipated to surpass the whopping value of US$ 1,000 Mn by 2022.
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Demand for dermatology devices have been surging, which can be attributed to the rising applications for stretch mark reduction treatments. With the advent of the technological advancements in the cosmetic industry, radiofrequency lectrosurgery devices are anticipated to capture the largest market share. On the back of increasing applications of ultrasonic electrosurgery devices, developed economies like North America, are envisaged to exhibit an impressive CAGR during the forecasted period.
Dermatology Devices Market: Purview of the Report
This detailed study begins with a detailed executive summary of the dermatology devices market. This comprehensive report lends an in-depth overview on the important market definitions and market dynamics that aid the stakeholders of this market gain valuable insights on the market scenario. Besides a comprehensive analytics on the key demand drivers of this market, the brief study assesses and incorporates latest trends, recent developments, restraints, challenges, threats, and opportunities that has an evident impact on the market.
This detailed study provides a brief view on several macroeconomic and microeconomic factors that influence the market growth. This descriptive study has been forecasted for the period 2017 – 2022. The market evaluation has been done in terms of revenue (US$ Mn).
This elaborative study provides key information on the supply chain analysis, y-o-y growth of this market, and average pricing analysis.
The attractiveness of this market has been estimated and incorporated in this study to provide a holistic outlook on the dermatology devices market. A detailed taxonomy of this market at the global level has been evaluated and included in the report, depending on the type of product type, end user, application, and region.
A Brief Outlook on the Geographical Split and Key Companies in the Dermatology Devices Market
On the basis of geography, the market has been divided into North America, Europe, Latin America, Japan, Asia Pacific except Japan (APEJ), and Middle East and Africa. A brief analysis for each of these regions have been incorporated in this descriptive region, along with revenue comparison, depending on the end user, product type, and application.
The leading players in the dermatology devices market consists of B. Braun Melsungen AG, Heal Force Bio-meditech Holdings Limited, Erbe Elektromedizin GmbH, Medtronic Plc, Smith and Nephew Co., Johnson & Johnson Private Limited, AngioDynamics, Inc., and Bovie Medical Corporation. A detailed overview for each of these regions have been included in this report, along with their product type assessment, product type sales data, key financials, recent developments, and SWOT analysis.
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