Global dermatology treatment devices market predicted to reach $21.86 billion by 2031 with 12.5% CAGR
From GlobeNewswire: 2024-12-17 06:51:00
A new report predicts the Global Dermatology Treatment Devices Market will reach $21.86 billion by 2031, with a 12.5% CAGR. Laser devices are popular for skin rejuvenation, treating depigmentation, tumors, tattoos, hair removal, and birthmarks. Ablative lasers remove skin layers, while non-ablative lasers improve skin tone without wounding. North America leads in revenue, while Asia Pacific shows the highest CAGR.
Technological advancements in dermatology treatment devices are driving market growth. Companies are developing innovative products, like 3DermSpot for autonomous skin cancer detection, BeautiFill for fat generation, and NuEra tight for cellulite and skin laxity treatment. Easy access to the internet and beauty blogs is boosting sales of these new products.
The dermatology treatment devices market is segmented by product type (lasers, light therapy, etc.), application (skin resurfacing, rejuvenation, etc.), and end users (hospitals, clinics, etc.). The market is divided into North America, Europe, APAC, Middle East and Africa, and South and Central America. The lasers segment and skin rejuvenation application hold the largest market shares.
Recent launches in the dermatology treatment devices market include truSculpt flex by CUTERA, INC. in Canada and BBL HERO by Sciton Inc. These new products represent advancements in muscle-sculpting and pulsed light-based technology, driving innovation in the industry. Cynosure launched Fraxis PRO progressive dermal remodeling technology. The US, European, and Australian launch of the Elite iQ platform, the next generation of the Elite+. The dermatology treatment devices market is expected to grow significantly, driven by the rising demand for chatbots and AI-powered customer support services. Skin cancer cases are on the rise globally, emphasizing the need for effective dermatology treatment devices. Regional analysis shows growth in North America, Europe, and Asia Pacific markets for dermatology treatment devices. The Insight Partners report provides valuable insights for stakeholders in the evolving dermatology treatment devices market. Contact Ankit Mathur at [email protected] for more information. 1. The stock market experienced a sharp decline today, with the S&P 500 dropping 3% and the Nasdaq falling 5%. Investors are expressing concern over rising interest rates and inflation fears.
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