Dermatology Devices Market Report 2025, with Key Player Profiles for Cutera, Lumenis, Alma Lasers, Solta Medical and Aesthetic Group

Dublin, Feb. 11, 2025 (GLOBE NEWSWIRE) -- The "Dermatology Devices Market Report 2025" has been added to ResearchAndMarkets.com's offering.The global dermatology devices market is experiencing a significant surge, with projections estimating a growth from $15.93 billion in 2024 to an impressive $18.38 billion in 2025. This notable increase at a compound annual growth rate (CAGR) of 15.4% is partly driven by heightened awareness of skin health and a rise in dermatological condition prevalence. Additionally, an aging population, the escalating demand for aesthetic and cosmetic procedures, and advancements in skin cancer diagnostics are contributing factors to this upward trend. Forecast Period Growth DriversLooking ahead, this upward trajectory is expected to continue, with the market size reaching $32.98 billion in 2029, climbing at a CAGR of 15.7% during the forecast period. This can be attributed to the growing inclination towards minimally invasive treatments, burgeoning medical tourism, robust market growth in emerging economies, and ongoing research and development activities in the field. Innovation in dermatology, including the adoption of tele-dermatology services, AI and machine learning applications, personalized care, advanced laser technologies, and other novel approaches, are key trends forecasted to shape the future market landscape. Impact of Skin Disease PrevalenceThe rising incidence of skin cancer and other related diseases is a primary catalyst propelling the growth of the dermatology devices market. With instances such as approximately 99,780 new melanoma cases diagnosed and roughly 7,650 related fatalities in the United States alone in 2022, the need for state-of-the-art diagnostic and treatment devices has never been more critical.Cosmetic Procedures Fuel Market ExpansionAnother factor energizing the market is the escalating demand for cosmetic dermatology practices. Non-surgical treatments like laser therapy and skin rejuvenation are gaining popularity, thereby spearheading the development of innovative dermatology devices designed to offer safe and efficacious outcomes.Technological Breakthroughs Spearheading GrowthTechnological advancements throughout the industry are significant influencers, with key players investing in groundbreaking technologies to maintain a competitive edge. Innovations such as the 3DermSpot by 3Derm Systems, Inc., which deploys AI for the autonomous detection of serious skin carcinomas, exemplify the industry's progress.Artificial Intelligence Transforming Dermatology DevicesLeading companies in the sector are making headway by incorporating AI into dermatology devices. The integration of AI not only augments patient care but also enhances the precision of screenings for skin conditions. Piction Health Inc.'s AI-powered virtual dermatology services, launched in Massachusetts in 2023, are a testament to how technology is reshaping patient experiences and outcomes.Strategic Acquisitions and Market DominanceStrategic ventures like Johnson & Johnson's acquisition of Proteologix, Inc. highlight the ongoing consolidation and efforts by prominent corporates to expand their capabilities, particularly in developing devices tailored for dermatological applications.Market CompositionThis market includes the sales of essential tools such as lasers, light therapy, electrosurgical equipment, and others, capturing the 'factory gate' value of goods sold by manufacturers. Diagnostic dermatology devices play a pivotal role in identifying skin-related issues.Global Landscape and Future OutlookWith North America leading the global market in 2024 followed by Asia-Pacific, the outlook remains optimistic across the international panorama. This information underscores a dynamic and swiftly evolving industry pivotal to both medical and cosmetic skin health.Key Attributes: Report AttributeDetailsNo. of Pages200Forecast Period2025 - 2029Estimated Market Value (USD) in 2025$18.38 BillionForecasted Market Value (USD) by 2029$32.98 BillionCompound Annual Growth Rate15.7%Regions CoveredGlobal Report Scope The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The market characteristics section of the report defines and explains the market.The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.The forecasts are made after considering the major factors currently impacting the market. These include:The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.Market segmentations break down the market into sub markets.The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers. Markets Covered: By Product Type: Diagnostic Devices; Treatment Devices; Other Product TypesBy Application: Skin Cancer Diagnosis; Psoriasis; Skin Rejuvenation; Warts; Other ApplicationsBy End User: Hospitals: Clinics; Other End Users Subsegments: By Diagnostic Devices: Dermatoscopes; Skin Biopsy Devices; Imaging Devices; Laboratory Testing DevicesBy Treatment Devices: Laser Devices; Cryotherapy Devices; Light Therapy Devices; Radiofrequency Devices; Electrosurgical DevicesBy Other Product Types: Microneedling Devices; Chemical Peeling Devices; Acne Treatment Devices; Skin Rejuvenation Devices Companies Featured Cutera Inc.Lumenis Ltd.Alma Lasers Ltd.Solta Medical Inc.Aesthetic GroupImage Derm Inc.Johnson & Johnson Private LimitedCortex Technology ApSHEINE Optotechnik GmbH & Co. KGMichelson Diagnostics Ltd.Bruker CorporationBovie Medical CorporationPhotomedex Inc.Applisonix Ltd.Candela Medical CorporationSTRATA Skin Sciences Inc.WON TECH Co. Ltd.LUSTRE® ClearSkin Ltd.DermLite LLCGenesis Biosystems Inc.Cynosure LLCCanfield Scientific Inc.Bausch Health Companies Inc.Stiefel LaboratoriesSun Pharmaceutical Industries LimitedGalderma S.A.Merz Pharma GmbH & Co. KGaAAllergan plcSyneron Medical Ltd.Bio-Therapeutic Inc.Sciton Inc.Viora Ltd. For more information about this report visit https://www.researchandmarkets.com/r/bcd2p2 About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Dermatology Devices Market Dermatology Devices Market Dermatology Devices Market

Dermatology Devices Market Report 2025, with Key Player Profiles for Cutera, Lumenis, Alma Lasers, Solta Medical and Aesthetic Group

FAQ

Why Bullish?

How important is it?

Why Long Term?

Related Companies

Related News