Increasing cosmetic aesthetic surgeries are driving the growth of United States Dermatology Device Market, in the forecast period.
Moreover, the rising instances of skin cancer and skin diseases is expected to drive the growth of the market further in the next five years. Also, the aesthetic procedures are becoming very popular among the population of the country and looking at the influence of the social media and changing beauty standards, the United States dermatology devices market is expected to show the robust growth in the upcoming five years.
Furthermore, the technological advancement of the medical devices like dermatology devices are instigating the further growth of the market since the complicated procedures require the efficient and effective devices that can conduct the procedure.
Dermatology devices are the medical devices that are specifically utilized for diagnosing and treating the skin ailments and diseases. These devices are often minimally inclusive devices although some of the open surgical devices exist too. These devices are consistently researched and developed for the technological advancements such that they can be utilized efficiently and effectively for the diagnosing and treatment purposes.
Although the inexpensive treatment procedures might put a mild restraint on the market, the rising disposable income among the population is expected to sustain the growth of the market in the next five years of the forecast, until 2026.
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The United States dermatology devices market is segmented by product type, application, end user, competitional landscape, and regional distribution. Based on product type, the market is further divided into diagnosing devices and treatment devices. Diagnosing dermatology devices are the medical devices that are utilized for the diagnosing purposes of the skin diseases. The segment includes devices like dermatoscopes, microscopes, and imaging devices.
A dermatoscope is microscopic device that is placed directly on the skin surface to analyse the morphological patterns and changes to understand the skin lesions that is invisible to the naked eye. The device is non-invasive and is a hand-held magnification device. Dermatoscopes are anticipated to hold the largest market shares in the upcoming five years on the account of its advantage over detection of benign over malignant lesions. The device is handheld therefor is easily mobile and can be transported easily to where the patient is.
Treatment dermatology devices are the treatment specific medical devices that are utilized for the treatment procedures of the skin disorders and diseases. It includes laser, electrosurgical equipment, liposuction devices, light therapy devices, others. Lasers are anticipated to hold the larger segment of the market on the account of increasing treatment instances and demand from the consumer for the on-invasive treatment procedures for the skin diseases.
A partial list of market player in the United States dermatology device market includes, Avita Medical, Inc., Cutera Inc., Genesis Biosystems Inc., Candela Corporation, Bausch Health Companies Inc (Solta Medical, Inc.), Syneron Medical Ltd, 3Gen, Inc. Cynosure, Inc, among others. These market players hold larger shares of the market than the new market players.
With the advancement of the technology, it is appropriate to say that the effective research and development of the technologically advanced medical devices would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide devices that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“Skin Cancer instances are rising at an alarming in the United States. With the established healthcare industry, the diagnosing and treatment of the skin diseases and skin cancer is feasible. The surge in the numbers of the patients has further supported the growth of the market and is expected to continue to grow in the future. New market players can focus on the research and technological advancement of the medical devices and thereby establish their brand in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Dermatology Device Market By Product Type (Diagnostic Devices {Dermatoscopes, Microscopes, Imaging Devices} v/s Treatment Devices {Laser, Electrosurgical Equipment, Liposuction Devices, Light Therapy Devices, Others}) By Application (Skin Cancer Diagnosis, Vascular Lesions Removal, Hair & Wrinkle Removal, Body Contouring and Fat Removal, Others) By End Users (Hospital, Dermatology Clinics, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of United States dermatology device market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United states dermatology device market.
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