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Global Dermatology Devices Market (2022-2027) by Product, Application, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 196 Pages
  • September 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5684392

Increase in the Trend for Skin Care and Awareness About Skin Diseases is Creating Demand for the Market

The Global Dermatology Devices Market is estimated to be USD 9.25 Bn in 2022 and is expected to reach USD 16.6 Bn by 2027, growing at a CAGR of 12.41%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Dermatology Devices Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Dermatology Devices Market is segmented based on Product, Application, and Geography.
  • By Product, the market is classified into Diagnostic Devices and Treatment Devices.
  • By Application, the market is classified into Acne, Psoriasis, & Tattoo Removal, Body Contouring &Fat Removal, Cellulite Reduction, Hair Removal, Skin Cancer Diagnosis, Skin Rejuvenation, Vascular & Pigmented Lesion Removal, and Wrinkle Removal & Skin Resurfacing,.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3Gen, Inc., Aesthetic Group, Alma Lasers Ltd., Bausch Health Companies Inc., Bruker Corp., Candela, Inc., Canfield Scientific, Inc., Carl Zeiss Sports Optics, LLC, Cutera, Inc., Cynosure, LLC , DermaSweep, Genesis Biosystems, Inc., Heine Optotechnik GmbH & Co. Kg, Illuco Corp. Ltd., Image Derm, Inc. , Lumenis, Ltd., Milesman, Photomedex, Inc., Sciton, Inc., Solta Medical (Bausch Health Companies Inc.), etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Dermatology Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Dermatology Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Dermatology Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Dermatology Devices Market

What is the estimated value of the Global Dermatology Devices Market?

The Global Dermatology Devices Market was estimated to be valued at $9.25 Billion in 2022.

What is the growth rate of the Global Dermatology Devices Market?

The growth rate of the Global Dermatology Devices Market is 12.4%, with an estimated value of $16.6 Billion by 2027.

What is the forecasted size of the Global Dermatology Devices Market?

The Global Dermatology Devices Market is estimated to be worth $16.6 Billion by 2027.

Who are the key companies in the Global Dermatology Devices Market?

Key companies in the Global Dermatology Devices Market include 3Gen, Inc., Aesthetic Group, Alma Lasers Ltd., Bausch Health Companies Inc., Bruker Corp., Candela, Inc., Canfield Scientific, Inc., Carl Zeiss Sports Optics, LLC, Cutera, Inc. and Cynosure, LLC.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Cases of Skin Diseases Among Population Across the World
4.1.2 Increasing Inclination of Customers Towards Aesthetic Procedures Such as Skin Rejuvenation and Hair Removal
4.1.3 Increasing Healthcare Expenditure
4.2 Restraints
4.2.1 Stringent Regulatory Requirements for Medical device
4.2.2 Reimbursement Uncertainties and Issues
4.3 Opportunities
4.3.1 Rising Demand for Non-Invasive Surgery Procedures
4.3.2 Technical Advancements in Devices
4.4 Challenges
4.4.1 Lack of Certainty in Reimbursement Policies
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Dermatology Devices Market, By Product
6.1 Introduction
6.2 Diagnostic Devices
6.2.1 Biopsy Devices
6.2.2 Dermatoscopes
6.2.3 Microscopes
6.3 Treatment Devices
6.3.1 Cryotherapy Devices
6.3.2 Electrosurgical Equipment
6.3.3 Lasers
6.3.4 Light Therapy Devices
6.3.5 Liposuction Devices
6.3.6 Microdermabrasion Devices
7 Global Dermatology Devices Market, By Application
7.1 Introduction
7.2 Acne, Psoriasis, & Tattoo Removal
7.3 Body Contouring & Fat Removal
7.4 Cellulite Reduction
7.5 Hair Removal
7.6 Skin Cancer Diagnosis
7.7 Skin Rejuvenation
7.8 Vascular & Pigmented Lesion Removal
7.9 Wrinkle Removal & Skin Resurfacing
8 Americas’ Dermatology Devices Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe’sDermatology Devices Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa’s Dermatology Devices Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC's Global Dermatology Devices Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 3Gen, Inc.
13.2 Aesthetic Group
13.3 Alma Lasers Ltd.
13.4 Bausch Health Companies Inc.
13.5 Bruker Corp.
13.6 Candela, Inc.
13.7 Canfield Scientific, Inc.
13.8 Carl Zeiss Sports Optics, LLC
13.9 Cutera, Inc.
13.10 Cynosure, LLC
13.11 DermaSweep
13.12 Genesis Biosystems, Inc.
13.13 Heine Optotechnik GmbH & Co. Kg
13.14 Illuco Corp. Ltd.
13.15 Image Derm, Inc.
13.16 Lumenis, Ltd.
13.17 Milesman
13.18 Photomedex, Inc.
13.19 Sciton, Inc.
13.20 Solta Medical (Bausch Health Companies Inc.)
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • 3Gen, Inc.
  • Aesthetic Group
  • Alma Lasers Ltd.
  • Bausch Health Companies Inc.
  • Bruker Corp.
  • Candela, Inc.
  • Canfield Scientific, Inc.
  • Carl Zeiss Sports Optics, LLC
  • Cutera, Inc.
  • Cynosure, LLC
  • DermaSweep
  • Genesis Biosystems, Inc.
  • Heine Optotechnik GmbH & Co. Kg
  • Illuco Corp. Ltd.
  • Image Derm, Inc.
  • Lumenis, Ltd.
  • Milesman
  • Photomedex, Inc.
  • Sciton, Inc.
  • Solta Medical (Bausch Health Companies Inc.)