Global Dermatology Devices Market to be Worth $11.88 Billion by 2019

Jul 28, 2015, 10:15 ET from MicroMarket Monitor

FORT WORTH, Texas, July 28, 2015 /PRNewswire/ --

According to the new Market Research Report "Global Dermatology Devices Market by Type (Dermatology Treatment Devices, and Dermatology Diagnostic Devices [Imaging Techniques (OCT, Ultrasound, MRI, CT), Dermatoscopes, Microscopes]), by Application, by Geography - Analysis and Forecast to 2019", The global dermatology devices market is expected to reach $11.88 billion by 2019, at a CAGR of 10.4% from 2014 to 2019.

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

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With the increasing incidences of skin disorders, there has been a high demand for dermatology devices in the recent years. Dermatology devices help in the early and easy detection of various skin disorders and cancer, thereby improving the rate of survival and reducing morbidity rate and cost of care. Currently, various technologies are being applied to make diagnosis rapid and efficient so that, it is non-invasive, with minimum errors. Few examples of such technologies that are used in the diagnosis procedure are the dermatoscope, imaging techniques, microscopes, and so on.

The increase in the number of incidence of various skin disorders, advancement in technology, and rise in demand from aging population are the major factors driving the dermatology device market. The global dermatology devices market has been analyzed and segmented on the basis of type, application, and geography. Based on geography, the market is classified into North America, Europe, Asia-Pacific, and rest of the world (RoW).

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North America accounted for the largest share of the global dermatology devices market, and the market in this region is expected to grow at a CAGR of 10.3% from 2014 to 2019. Europe accounted for the second-largest share of the global dermatology devices market, and the market in this region is projected to grow at a CAGR of 10.1% during the forecast period. The high growth potential in the emerging markets like Asia-pacific are expected to provide new growth opportunities to players in the dermatology devices market.

Key Players of Global Dermatology Devices Market include:  

Cynosure, Inc. (U.S.), Cutera, Inc. (U.S.), Lumenis Ltd. (Israel), Alma Lasers (Israel), Topcon Corporation (Japan), Carl Ziess Meditec AG (Germany), Optovue (United States), and Heidelberg (Germany).

This 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 market including major companies of the market.

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