Dermatology Treatment Devices Market is Expected to Reach $11,067.9 Million by 2019, at a CAGR of 10.1% from 2014 to 2019

May 19, 2015, 08:30 ET from MicroMarket Monitor

FORT WORTH, Texas, May 19, 2015 /PRNewswire/ --

The global dermatology treatment devices market is expected to grow at a CAGR of 10.1% from 2014 to 2019 to reach $11,067.9 million by 2019.

Browse through the TOC of Dermatology Treatment Devices Market for an analysis of industry trends and segments, with the help of various tables and figures.

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Dermatology treatment devices help in the treatment of various skin disorders and cancer. These devices aid in the cure of various skin disorders that are not curable without surgical measures, thereby improving the rate of survival and reduction of morbidity rate and cost of care. With the increasing number of skin disorders in the recent years, there has been a high demand for dermatology treatment devices. Currently, various technologies are being applied to make the dermatology treatment rapid and efficient, so that the diagnosis is non-invasive.

The rising incidences of various skin disorders and advancement in technology are the major factors driving the growth of the dermatology treatment devices market. Other factors expected to drive the growth of this market are better insurance coverage and the rise in the disposable income of the population in the Asian region.

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The global dermatology treatment devices market has been segmented based on type, including LED light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion and cryotherapy. The lasers segment of the held the largest share of the market in 2014. This is also the fastest-growing segment of the market, and is expected to grow at a CAGR of 12.1% from 2014 to 2019.

The market has been segmented based on regions, such as North America, Europe, Asia, and Rest of the World. The North American region contributed the largest share to this market in 2014. The Asian dermatology treatment devices market is expected to grow at the highest CAGR of 11.5% during the forecast period.

The report also includes the market metrics, such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the dermatology treatment devices market, including major companies of the market.

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European Dermatology Treatment Devices Market is expected to grow at a CAGR of 12.5% from 2012 to 2018. In the European region, electro surgery is one of the most preferred modes of treatment for skin disorders, which leads to a rise in the demand for electrosurgical equipment. This is anticipated to drive the overall dermatology treatment devices market in this region

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