Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for building Dermatology Treatment Devices market research report. Commitment, quality, dedication, and transparency in the research report are all followed throughout to give the best service to the clients. Not to mention, this report delivers an in-depth study with respect to present and upcoming opportunities which shed light on the future investment in the market. So, to achieve competitive advantage and to thrive in the market, go for the comprehensive Dermatology Treatment Devices market report.
Data Bridge Market Research analyses that the dermatology treatment devices market is expected to reach the value of USD 17,786.65 million by the year 2029, at a CAGR of 15.63% during the forecast period. Technological advancements in products and procedures, rising incidence of skin disorders, rising healthcare expenditure, and an ageing global population will all contribute to the market's growth.
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Market Overview:
Dermatology is a distinct field of medicine that focuses on skin conditions. Medicine also includes conditions that affect your nails, hair, and the delicate lining of your eyelids, nose, and mouth, in addition to your skin. Your skin is the largest organ in your body. It is made up of nerve endings, sweat glands, hair follicles, pores, blood vessels, and a variety of other structures.
COVID-19 Impact on Dermatology Treatment Devices Market
The COVID-19 outbreak had an impact on the dermatology device market. Consumers are now looking for online cosmetic home treatments as a result of the closure of non-essential businesses in the dermatology industry. As more consumers seek cosmetic advice from the comfort of their homes, dermatology brands can capitalise on this opportunity by renovating their online offerings, offering e-consultation services, and investing in advanced technology. Furthermore, the pressure to look good on zoom video calls during lockdown has resulted in an increase in cosmetic procedures around the world. Rhinoplasty, breast augmentation, laser eye surgery, smile correction procedures, and eyelid surgeries were among the most popular surgical procedures. The increased exposure to videoconferencing software, as well as the constant exposure to one's own appearance, has also contributed to the post-lockdown increase.
Recent Development
l Lancer Skincare announced the release of its first skincare exfoliating device, the Pro Polish Microdermabrasion Device, in July 2020. By delivering surface-layer microdermabrasion in a patented, handheld device, Pro Polish improves the efficacy of the Lancer routine.
l 3Derm Systems, Inc. (3Derm) announced in January 2020 that it had received two FDA Breakthrough Device designations for 3DermSpot, an algorithm that uses artificial intelligence (AI) and highly standardised skin images to detect melanoma, squamous cell carcinoma, and basal cell carcinoma autonomously.
Some of the major players operating in the dermatology treatment devices market are
l Agfa-Gevaert Group (Belgium)
l Carl Zeiss AG (Germany)
l MELA Sciences, Inc. (US)
l Hologic, Inc. (US)
l Illumina, Inc. (US)
l Spindletop Capital (US)
l Heine Optotechnik (Germany)
l GENERAL ELECTRIC COMPANY (US)
l Koninklijke Philips N.V. (Netherlands)
l Leica Microsystems (Germany)
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