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Dermatology Diagnostic Devices Market Size

  • Report ID: GMI4613
  • Published Date: May 2023
  • Report Format: PDF

Dermatology Diagnostic Devices Market Size

Dermatology Diagnostic Devices Market size was valued at over USD 6 billion in 2022 and is anticipated to grow at a CAGR of over 9.6% between 2023 and 2032. Dermatology diagnostic devices refer to medical equipment used to diagnose various skin conditions and diseases. These devices use advanced technologies such as infrared imaging, ultrasound, and optical coherence tomography to provide detailed images and information about the skin. Global dermatology devices industry is estimated to witness over 10% CAGR through 2032 driven by rising inclination towards cosmetic procedures in developed nations.

 

Dermatology diagnostic devices are designed to detect and analyse changes in the skin, such as pigmentation, inflammation, and other abnormalities, to help dermatologists make accurate diagnoses and develop effective treatment plans. Increasing advancements in technology, shifting patient preference for better physical along with favorable demographic trends are aspects boosting product demand for dermatology diagnostic devices market.
 

Moreover, utilization of technologically advanced dermatology diagnostic devices for several skin disorders as well as for aesthetic procedures should impel dermatology diagnostic devices industry growth in upcoming years. Furthermore, growing cases of skin cancers should escalate demand for dermatology devices. Skin cancers are more prevalent in tropical countries such as India, Japan. Population living in tropical regions is more exposed to UV radiations that increases risk of skin cancers. According to DNA India, there is an increase in prevalence of nonmelanoma cancer that should enhance dermatology devices industry growth during the forecast period.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The global market size for dermatology diagnostic devices was valued at over USD 6 billion in 2022 and is projected to reach more than USD 15 billion by 2032, on account of increasing advancements in technology, consumer preference for better skin health & improved appearance, along with favorable demographic trends.

Imaging devices segment of the dermatology diagnostic devices market accounted for more than 59% revenue share in 2022, owing to increasing usage of these equipment for detecting growing number of skin diseases such as psoriasis, skin lesions and myeloma.

U.S. dermatology diagnostic devices market accounted for more than USD 2 billion in 2022 and will surpass USD 4 billion by 2032. High revenue size is primarily driven by the increasing incidence of skin cancers, rising healthcare expenditure, and technological advancements in dermatology diagnostic devices.

Carl Zeiss Meditec AG, Caliber I.D. Inc, Michelson Diagnostics Limited, Canfield Imaging Systems, ILLUCO Corporation Ltd., Nikon Corporation, DermoScan GmbH, Abbott Diagnostics, Leica Microsystems GmbH, and Bruker Corporation among others.

Dermatology Diagnostic Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 246
  • Countries covered: 30
  • Pages: 187
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