The Dermatology Market to grow by USD 12,761.97 million from 2022 to 2027|Increasing prevalence of tele dermatology is a major trend - Technavio

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- The dermatology market is to grow by USD 12,761.97 million between 2023 and 2027 and register a CAGR of 10.82%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Application, End-user, and Geography. North America is estimated to contribute 39% to the growth of the global market during the forecast period. This is due to the growing geriatric population and the high prevalence of chronic and infectious skin diseases. As a result, the demand for dermatology products and services is increasing in the region.  The US is the key contributor to the market in the region due to increased awareness of diagnostic tests related to skin diseases among older people. Read our Sample Report

The report also covers the following areas:

• Dermatology Market size
• Dermatology Market trends
• Dermatology Market industry analysis

Dermatology Market 2023-2027: Segmentation

• Application 
• Acne
• Psoriasis
• Dermatitis
• Skin Cancer
• Alopecia And Others
• End-user 
• Skin Clinics
• Hospitals
• Others
• Geography 
• North America
• Europe
• Asia
• Rest Of World (ROW)

The market share growth by the Acne segment will be significant during the forecast period. The major application for the dermatological equipment market is the treatment of acne, a typical skin condition characterized by blackheads, and pimples. The incidence of acne in adolescents and adults is increasing, and advances in dermatological treatments are increasing the demand for skin care products. In addition, the introduction of cutting-edge products and technologies that make acne treatment options accessible to patients around the world are the key factors driving the market development. 

Dermatology Market 2023-2027: Company Analysis and Scope

Some of the major companies in the dermatology market include Aesthetic Group, Alma Lasers Ltd., Bausch Health Co. Inc., Biofrontera AG, Bioglint Derma Care, Bruker Corp., Candela Corp., Canfield Scientific Inc., Cutera Inc., Cynosure LLC, Dermatology and Co., DermLite LLC, Ernst Pharmacia TM, Fourrts India Laboratories Pvt. Ltd., Genesis Biosystems Inc., HEINE Optotechnik GmbH and Co. KG, Image Derm Inc., LEO Pharma AS, Lumenis Be Ltd, and Novotech Health Holdings. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ companies operating in the market.

Company Offering

• Aesthetic Group - The company offers dermatology products such as biopsy punches and dermatological curettes.
• Alma Lasers Ltd - The company offers dermatology products such as DermaClear advanced hydra dermabrasion solution.
• Bioglint Derma Care - The company offers dermatology products such as Alospa and Clinket.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report

Dermatology Market 2023-2027: Market Dynamics

Key Drivers

The effective diagnosis of skin disorders is a key factor driving market growth. Skin disorders are becoming more prevalent in the population, which arises the need for effective diagnosis, treatment, and monitoring. These diseases include melanoma, acne, psoriasis, and eczema. Skin products and services must be available to make accurate diagnoses, provide targeted treatments, and track skin disease status. Additionally, laser therapy devices offer precise and targeted treatment options for skin disorders. Hence, increasing diagnosis of skin disorders is expected to drive market growth during the forecast period.

Major Trends

The increasing prevalence of tele dermatology is a major trend in the market. Advances in technology have allowed patients to see dermatologists remotely. Patients can now consult a dermatologist from the comfort of their own homes, saving time and effort. With telemedicine, dermatologists can treat life-threatening diseases such as skin cancer and provide the most appropriate treatment. The growing demand for telemedicine and virtual consultations has made dermatology care accessible to more people. Hence, increasing teledermatology is expected to drive market growth during the forecast period.

Significant Challenges

The side effects of dermatology and safety concerns are a significant challenge restricting market growth. Side effects make patients hesitant to undergo dermatological treatment. Pharmaceutical companies and medical professionals must address and reduce these safety issues through strict clinical trials, thorough safety profiling, and effective patient education. Many companies are building trust among their consumers which is important to give confidence and enable them to make informed decisions about dermatological treatment. Hence, the increasing safety concerns are expected to restrict market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Dermatology Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist dermatology market growth during the next five years.
• Estimation of the dermatology market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the dermatology market
• Analysis of the market's competitive landscape and detailed information on companies
• Comprehensive details of factors that will challenge the growth of dermatology market companies.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Company Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of companies included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global dermatology market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global dermatology market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 End-User Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Acne - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Acne - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Acne - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Acne - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Acne - Year-over-year growth 2022-2027 (%)

• 6.4 Psoriasis - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Psoriasis - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Psoriasis - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Psoriasis - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Psoriasis - Year-over-year growth 2022-2027 (%)

• 6.5 Dermatitis - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Dermatitis - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Dermatitis - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Dermatitis - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Dermatitis - Year-over-year growth 2022-2027 (%)

• 6.6 Skin cancer - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Skin cancer - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Skin cancer - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Skin cancer - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Skin cancer - Year-over-year growth 2022-2027 (%)

• 6.7 Alopecia and others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Alopecia and others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Alopecia and others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Alopecia and others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Alopecia and others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)
• Exhibit 55: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 58: Chart on Comparison by End-user
• Exhibit 59: Data Table on Comparison by End-user

• 7.3 Skin clinics - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Skin clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Skin clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Skin clinics - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Skin clinics - Year-over-year growth 2022-2027 (%)

• 7.4 Hospitals - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 72: Market opportunity by End-user ($ million)
• Exhibit 73: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027 
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 Finland - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Finland - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Finland - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Finland - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Finland - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Canada - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027 
• Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Companies covered
• Exhibit 121: Companies covered

• 12.2 Market positioning of companies 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Aesthetic Group
• Exhibit 123: Aesthetic Group - Overview
• Exhibit 124: Aesthetic Group - Product / Service
• Exhibit 125: Aesthetic Group - Key offerings

• 12.4 Alma Lasers Ltd.
• Exhibit 126: Alma Lasers Ltd. - Overview
• Exhibit 127: Alma Lasers Ltd. - Product / Service
• Exhibit 128: Alma Lasers Ltd. - Key offerings

• 12.5 Bausch Health Co. Inc. 
• Exhibit 129: Bausch Health Co. Inc. - Overview
• Exhibit 130: Bausch Health Co. Inc. - Business segments
• Exhibit 131: Bausch Health Co. Inc. - Key news
• Exhibit 132: Bausch Health Co. Inc. - Key offerings
• Exhibit 133: Bausch Health Co. Inc. - Segment focus

• 12.6 Bioglint Derma Care
• Exhibit 134: Bioglint Derma Care - Overview
• Exhibit 135: Bioglint Derma Care - Product / Service
• Exhibit 136: Bioglint Derma Care - Key offerings

• 12.7 Bruker Corp.
• Exhibit 137: Bruker Corp. - Overview
• Exhibit 138: Bruker Corp. - Business segments
• Exhibit 139: Bruker Corp. - Key news
• Exhibit 140: Bruker Corp. - Key offerings
• Exhibit 141: Bruker Corp. - Segment focus

• 12.8 Candela Corp.
• Exhibit 142: Candela Corp. - Overview
• Exhibit 143: Candela Corp. - Product / Service
• Exhibit 144: Candela Corp. - Key offerings

• 12.9 Canfield Scientific Inc. 
• Exhibit 145: Canfield Scientific Inc. - Overview
• Exhibit 146: Canfield Scientific Inc. - Product / Service
• Exhibit 147: Canfield Scientific Inc. - Key offerings

• 12.10 Cutera Inc.
• Exhibit 148: Cutera Inc. - Overview
• Exhibit 149: Cutera Inc. - Product / Service
• Exhibit 150: Cutera Inc. - Key offerings

• 12.11 Cynosure LLC
• Exhibit 151: Cynosure LLC - Overview
• Exhibit 152: Cynosure LLC - Product / Service
• Exhibit 153: Cynosure LLC - Key offerings

• 12.12 DermLite LLC
• Exhibit 154: DermLite LLC - Overview
• Exhibit 155: DermLite LLC - Product / Service
• Exhibit 156: DermLite LLC - Key offerings

• 12.13 Fourrts India Laboratories Pvt. Ltd. 
• Exhibit 157: Fourrts India Laboratories Pvt. Ltd. - Overview
• Exhibit 158: Fourrts India Laboratories Pvt. Ltd. - Product / Service
• Exhibit 159: Fourrts India Laboratories Pvt. Ltd. - Key offerings

• 12.14 Genesis Biosystems Inc. 
• Exhibit 160: Genesis Biosystems Inc. - Overview
• Exhibit 161: Genesis Biosystems Inc. - Product / Service
• Exhibit 162: Genesis Biosystems Inc. - Key offerings

• 12.15 HEINE Optotechnik GmbH and Co. KG 
• Exhibit 163: HEINE Optotechnik GmbH and Co. KG - Overview
• Exhibit 164: HEINE Optotechnik GmbH and Co. KG - Product / Service
• Exhibit 165: HEINE Optotechnik GmbH and Co. KG - Key offerings

• 12.16 Image Derm Inc.
• Exhibit 166: Image Derm Inc. - Overview
• Exhibit 167: Image Derm Inc. - Product / Service
• Exhibit 168: Image Derm Inc. - Key offerings

• 12.17 Lumenis Be Ltd
• Exhibit 169: Lumenis Be Ltd - Overview
• Exhibit 170: Lumenis Be Ltd - Product / Service
• Exhibit 171: Lumenis Be Ltd - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations
• Exhibit 178: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

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