Dermatology Devices Market Worth $34.3 Billion By 2030: Grand View Research, Inc. – QNT Press Release

SAN FRANCISCO, July 28, 2022 /PRNewswire/ — The global dermatology devices market is forecast to get boosted by USD 34.3 billion by 2030 at a CAGR of 11.9% from 2022 to 2030, as per the current report by Grand View Research, Inc. There has been an increase in the occurrence of skin cancer due to which the demand for dermatology devices has enhanced. Additionally, the factors like awareness in the population regarding technical developments in dermatology devices, high-income rate, and the need for maintaining a better physical appearance are driving the market growth during the forecast period.

Key Industry Insights & Findings from the report:

  • The presence of novel technology for laser treatment resulted in the treatment devices segment expanding at a high CAGR rate and the acquisition of 79% of the market share in 2021.
  • The application of hair treatment secured the highest CAGR rate because it is rendered safe for different hair colors and the treatment is painless. As a result, the segment accounted for a 15% share of the market revenue in 2021.
  • In 2021, the hospital segment acquired 54% of the market share because this segment is a center for the maximum conduction and diagnosis of skin diseases.
  • The use of dermatology devices is high in the US as 20% of the population suffers from acne. Hence, North America acquired 43% of the market revenue in 2021 to become the highest regional market for dermatology devices.

Read 129-page full market research report for more Insights, “Dermatology Devices Market Size, Share & Trends Analysis Report By End Use (Clinics, Hospitals), By Product (Diagnostic Devices, Treatment Devices), By Application, By Region, And Segment Forecasts, 2022 – 2030published by Grand View Research.

Dermatology Devices Market Growth & Trends

There is a rise in the occurrence of skin cancer cases, especially the spread of melanoma constitutes 1% of skin cancer and causes deaths. For instance, it has been recorded that approximately 10,130 population in the US die due to melanoma skin cancer according to the Skin Cancer Foundation. Additionally, the 2018 report of the American Cancer Society stated that were 91,270 new melanoma skin cancer cases in the region. Moreover, the American Cancer …

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