Worldwide Dermatology Devices Market Worth US$7 Billion by 201514 Apr 2011 • by Natalie Aster
Wilmington – According to a new market research report, “Worldwide Dermatology Devices Market (2010 – 2015)” published by MarketsandMarkets, the total worldwide dermatology devices market is expected to be worth US$7 billion by 2015. The global market is expected to record a CAGR of 12.9% from 2010 to 2015.
Dermatology devices assist in enhancing and improving the patient’s skin conditions. With the use of dermatological devices such as dermatoscopes, microscopes, and imaging techniques, the dermatologists are able to identify the skin disorders at an early stage. Factors driving the demand for dermatological devices are the desire for youthful appearance, increasing incidence rates of skin diseases, increasing trend towards non-invasive aesthetic procedures, and technological advancements. People are becoming more conscious about their appearance and are aware of the skin disorders caused due to exposure to sun. Dermatological devices are used for the treatment of various skin indications such as scars, psoriasis, acne, skin cancer, varicose veins, pigment and vascular lesions.
With increasing number of people suffering from skin disorders and more number of people opting for less invasive cosmetic surgeries, the demand for dermatology diagnostic and treatment devices is on the rise. Of all the other treatment devices, LED light therapy devices account for the largest share due to the increasing incidences of skin diseases such as vascular lesion, pigment lesion, and skin cancer. The total market for treatment devices was estimated to be $3.6 billion in 2010.
Worldwide Dermatology Devices Market (2010 – 2015)
Published: March 2011
Price: USD 4,650.00
Factors driving the growth of the U.S. dermatology devices market are: increasing number of people getting affected by various skin disorders such as acne, and harmful effects to skin due to exposure to sun. Thus, with the increasing need for skin diagnosis of diseases such as melanoma and non-melanoma skin cancers, dermatologists are making use of dermatological devices for skin analysis. In the U.S., there are loads of people suffering from various skin diseases such as psoriasis and non-melanoma skin cancer. Around 3.5 million people are suffering from non-melanoma skin disease, and 1/5th of the total population above the age of 70 years suffers from the same disease and more than 5.8 million people suffer from psoriasis, a chronic skin disorder. Thus, several people getting affected by these diseases influences the growth of dermatological devices.
Increasing usage of mobile technology for communication has generated potential market for development of the use of this technology in dermatology. A mobile phone camera can easily capture the images and send across the image to concerned doctor using the GSM network. Mobile devices are also used to transfer data to the places where the internet is not available. There is a huge base of mobile phone users in developed and emerging countries. In BRIC (Brazil, Russia, India and China), more than 1 billion people use mobiles. This proves that there is a huge potential for the development of tele-dermatology in emerging countries as well.
More information can be found in the report “Worldwide Dermatology Devices Market (2010 – 2015)” by MarketsandMarkets.
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