The awareness of skin-related disorders and the focus on esthetics
by consumers have triggered the development of dermatology devices. These
devices hold the potential to restore the skin to its unblemished state.
Dermatology
Devices
Dermatology devices and its related accessories can aid
dermatologists in treating skin disorders. These devices include lasers,
radiofrequency (RF) devices, cellulite-reducing devices, microdermabrasion
devices, and others. The application of these devices has expanded to medical
imaging, liposuction, and radiation therapy to treat cancer.
Latest
Developments
At-home skincare devices are the latest fancy of consumers
obsessed with esthetics. Blue LEDs (light-emitting diode) possess the capacity
to thwart acne-causing bacteria, while red LEDs can alleviate inflammation.
Microdermabrasion devices like the Silk’n ReVit Diamond Microdermabrasion
System provide the choice of effective skin treatment which can be enjoyed from
the confines of consumer homes.
RenovaCare, a US company, has developed SkinGun, a device which
utilizes stem cells to treat burns. This can act as a viable alternative to
skin grafts, which require months to heal. DermaLumics, a Spanish company, has
managed to create a non-invasive skin imaging solution to detect tumors or
unnatural growth. This tool can diagnose the patient’s data in real-time,
giving way to faster results and efficiency.
Market
Outlook
The worldwide dermatology
devices market is projected to touch nearly USD 26 billion by 2025, according to Grand
View Research, Inc. Demand for esthetic-driven devices are primarily driving
the market. Rising prevalence of skin and hair disorders are also expected to contribute
to market growth over the forecast period (2014 - 2025).
Dermatology treatment and diagnostic devices are two major
products of the market. The latter is expected to expand at a profitable CAGR
over the forecast period. Acne, psoriasis, and tattoo removal application is
anticipated to grow lucratively over the same period. North America had led the
global market in 2015 due to high prevalence of obesity and awareness of
esthetics. Key market players are Avita Medical Ltd.; Cynosure, Inc.; GE Healthcare;
and Valeant Pharmaceuticals International Inc.
In-Depth
research report on dermatology devices market:
No comments:
Post a Comment