October 16, 2019 by Amanpreet
Fact.MR has recently published a fresh study highlighting the dermatology devices market and the expected developments set to occur in the coming years. This research discourses the overall market operations active across the dermatology devices sector, together with a stern focus at ongoing trends and opportunities impacting leading players. The report titled “Dermatology Devices Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”, exhibits estimated future revenues exceeding US$ 1,000 Mn revenues by 2022-end. The prevalence of skin cancer and progressive technological reforms are some of the noted market drivers motivating sales across the global dermatology devices market.
Dermatology devices comprise of microdermabrasion devices, lasers, RF devices and several other associated accessories. At present, dermatology devices are incorporated in dermatology clinics as well as hospitals for assisting physicians and non-physician clinicians towards the treatment of skin diseases. Furthermore, these devices are applied for the diagnosis & treatment of skin cancer, which is marked as one of the primary motivators for the global dermatology devices market. This Fact.MR report diligently mentions crucial market factors such as market size (US$ Mn), market dynamics, Y-o-Y growth, revenue (US$ Mn) comparison, market share comparison etc. This information proves effective in updating stakeholders, new entrants and existing players about the existing market scenario and further guide them in framing reinforced plans for the near future.
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Growing Demand for Liposuction Promoting Market for Advanced Dermatology Devices
As per report findings, it has been observed that several technological advancements have struck the dermatology devices sector; it includes light therapy and laser instruments. Interestingly, advanced liposuction equipment have actively led to enhancements in body contouring treatment. Furthermore, vibration- and power–assisted liposuction devices have been proven effective in assisting doctors to reduce remarkable amount of fat within a short period. It has been noted that these developments would surely impact the growth of the global dermatology devices market in the coming years.
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North America Expected to Sustain Its Authority
Keeping a good check on the geographical expansion of the global dermatology devices market, North America is expected to continue with its dominance across the global market. However, sales of dermatology devices in Asia Pacific excluding Japan (APEJ) are projected to display the highest CAGR during the forecast period until 2022. Although Europe is ranked as the second largest market for dermatology devices, there are expectations it will give tough competition to the leading regional market.
With the conclusion of this informative Fact.MR assessment, readers can conveniently access data related to the competitive perspective. The key players mentioned in this section include B. Braun Melsungen AG, Heal Force Bio-meditech Holdings Limited, Erbe Elektromedizin GmbH, Bovie Medical Corporation, Johnson & Johnson Private Limited, Smith and Nephew Co., Medtronic Plc and AngioDynamics, Inc. The study carefully examines each players on the basis of key developments, SWOT analysis, company overview, key financials and product type list. Overall, this assessment permits the reader to infer an exhaustive understanding related to the forecasted growth set to occur due to the synchronized efforts of major players.
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