The Report “Asian Dermatology Devices Market by Type (Dermatology Treatment Devices, Dermatology Diagnostic Devices), by End User (Hospitals, Clinics) - Forecast to 2019”, is estimated to reach $3,186.6 million by 2019, growing at a CAGR of 11.3% from 2014 to 2019.
Browse through the TOC of the Asian Dermatology Devices Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Dermatology devices are used by dermatologists and surgeons for diagnosing the skin disorders and increase the accuracy level of dermatologists for diagnosing the type of skin disorder. It also includes the devices used for the treatment of these skin disorders and devices aiming at providing aesthetic solutions.
The major drivers behind the growth of Dermatology devices market in Asia are increasing no of people suffering from skin disorders, demand for devices at a lower cost and increasing awareness about aesthetic procedures.
Sculpting, toning, smoothing, and an urge to look fit and younger has been driving the market of aesthetic lasers or cosmetic dermatology in the Asian region. With lasers operating at more wavelengths, configurations, and options than ever, the number and range of treatments continue to expand, making the aesthetic laser industry a lucrative one. This market is primarily being driven by the more expensive CO2 and YAG laser systems, which can sell for more than $50,000 each and has been gaining tremendous popularity amongst the users. Thus, the Asian dermatology devices market is projected to grow significantly in the coming years.
The increasing demand for aesthetic procedures, less-invasive surgeries, and quick recovery influence the demand for dermatology treatment devices in Asia. LED light therapy devices contribute the most to the total dermatology devices market, globally. Electro surgery is the most widely used treatment option for skin disorders, which drives the overall dermatology treatment devices market. Moreover, many minimally invasive surgeries or non-invasive surgeries make use of electrosurgical techniques, wherein a high frequency of electric current is passed to biological tissues so as to cut, coagulate, fulgurate, and desiccate them. Hence, the demand for minimally invasive and non-invasive dermatological or cosmetic procedures is expected to increase the requirement of electrosurgical equipment.
Asia is expected to be the fastest-growing segment, projected to grow at a CAGR of 13.3% from 2014 to 2019, owing to the increasing disposable incomes of the rapidly expanding consumer base in Asia, and the presence of local manufacturers who offer cost-effective services and products. The Asian dermatology devices market constitutes 25.8% of the global dermatology devices market. China is the largest contributor to the dermatology devices market in Asia, as it accounted for 28.7% in 2014, followed by Japan contributing 19.7% market share in the same year.
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