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Dermatology Devices Market: Technologies Boost Treatment Precision

The global dermatology devices market is expected to reap $32.33 billion by 2030, growing at a CAGR of 13.06% during the forecast period 2023-2030. Read More

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Dermatology Devices Market: Technologies Boost Treatment Precision

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  1. Dermatology Devices Market: Technologies Boost Treatment Precision AsperWHO,skindiseasesareamongthemostcommonhumanhealthailments,affectingaround900millionpeoplegloballyatanytime.Conditionslikepsoriasis,melanoma,andacneareamongthemajorconditionsthathaveelevatedthedemandfordermatologydevicesforskinbiopsy,topicalchemotherapy,cryosurgery,etc.Theadoptionofthesedeviceshasalsosoaredduetodemandforprocedureslikesofttissuefillers,skinrejuvenation,andliposuctiontoenhanceappearance.Giventhesefactors,theglobal dermatology devices marketisexpectedtoreap$32.33billionby2030,growingataCAGRof13.06%duringtheforecastperiod2023-2030. • Dermatologydiagnosticandtreatmentdeviceshavealsogrownconsiderablyduetotheriseinobesityandthegeriatricpopulation.AccordingtotheWorldObesityAtlas2022,around1billionpeopleworldwidewillbediagnosedwithobesityby2030.Thishasinfluencedmanufacturerstodevelopdevicessupportingskintightening,resurfacing,andcontouring. • Asaresult,theprevalenceofskinconditionsandfocusonaestheticappearancehavespurredtechnologicaladvancements,wideningtheoverallscopeofthedermatologydevicesmarket • SmartDiagnosticsRevolutionizeDermatology • Inrecentyears,emergingtechnologieslikedigitalphotographicimaging,AI,machinelearning,etc.,havesurpassedtraditionaldiagnosisandtreatmentmethods.Thesetechnologieshaveimprovedtheaccuracyofskincancerdiagnosisinrealtime.Forinstance,Spectrascopeenablesnon-invasivein-vivoskincancerdiagnosisviamachinelearningalgorithmsandnon-discretemolecularlaserspectroscopy.Also,DermaAIdbyAIIMS-Delhi(withNurithmLab)addressesaccuracyissuesin diagnosingdermatologicaldiseases,includingskincancers,usingAIandMLalgorithms.

  2. Besides,onFebruary2,2023,OroHealthannouncedthelaunchofitsAI-poweredpre-diagnostictriagetoolDermSmarttoaccuratelycategorizeskintypesandcommondiseases.Besides,onFebruary2,2023,OroHealthannouncedthelaunchofitsAI-poweredpre-diagnostictriagetoolDermSmarttoaccuratelycategorizeskintypesandcommondiseases. • OurreportanalysisindicatestheskincancerdiagnosiscategoryintermsofdiagnosticdevicesisestimatedtowitnessthefastestgrowthataCAGRof12.55%from2023to2030. • Further,morethan9,500peopleintheUSarediagnosedwithskincancerdaily,aspertheAmericanAcademyofDermatology.Estimatessuggestthattheincidencerateofmelanomaisrisingrapidly,whichhasacceleratedthedemandforadvancedtreatmentoptions.Insuchascenario,photodynamictherapyanddigitalphotographyhaveemergedasidealsolutionsthatoffereffectiveandpersonalizedtreatmentoptionstopatients.ThesefactorsthuswidenthescopeoftheNorthAmerican dermatology devices market,frontedbytheUnitedStates. • TargetedTreatmentswithLaserTechnology • Fromhairremovaltoskintighteningtotattooexclusion,lasertechnologyhasgainedsignificantprominenceinaestheticdermatologytreatments.Inthisregard,alaserwithlongerwavelengthshasexpandedtherangeofbeautytreatments,makingaestheticlasersalucrativesectorformanufacturerstotap.ThemarketisprimarilydrivenbytheCO2andYAGlasersystems.Forinstance,CO2lasershavegainedtractiontoresurfacefacialskinbystimulatingcollagen,whereasYAGlasersarewidelypopularfortattooremoval. • Whileskinrejuvenationandtattooremovalarepopulartreatmentdeviceuseclasses,thehairremovalcategoryisexpectedtoobservethefastestgrowthataCAGRof14.11%during2023-2030. • Also,laserleadsthetreatmentdevicesegmentintermsofequipment,attainingarevenueworth • $2369.50millionin2022.Inrecentyears,laserdeviceshavematerializedaslow-riskskinsolutions.Theirpopularityhasfueledstrategiccollaborations,creatingopportunitiesforthedermatology • devicesmarket.Forinstance,inMarch2022,theVascularBirthmarksFoundationcollaboratedwith • CandelaMedical,Dr.GiacomoColletti,andLaserplasttoofferpro-bonolasertherapiestomorethan30pre-qualifiedpatientsfrom13nations. • Teledermatology:RemoteCareSpursDeviceDemand • COVID-19-inducedvirtualhealthcareplatformshavealsopenetratedthefieldofdermatology.Asthenamesuggests,teledermatologyincludesprofessionalconsultationinaremotesetting.Overtheyears,teledermatologyhasexpandedintooneofthepopularspecialties,withdermatoscopeswitnessinghighdemandtoaccuratelyexaminemorphologicalstructuresofskinlesions. • Basedonourassessment,thedermatoscopescategoryisexpectedtowitnessthefastestgrowthintermsofdiagnosticequipmentat13.09%ofCAGRduringtheforecastperiod2023-2030. • Advancedmanufacturingprocessessuchasreductionindimensions,digitalimageanalysis,andintegrationofAIhaveenableddigitaldermatoscopestogainprominenceinteledermoscopy. • Therefore,theriseinteledermatology,especiallytotreathighlyprevalentconditionslikepsoriasis,opensnewavenuesforthedermatologydevicesmarket. • MinimallyInvasiveTreatmentsBroadenGrowthProspects • Inrecentyears,therehasbeenaconsiderableriseindemandforminimallyinvasiveandnon-invasiveproceduresovertraditionalsurgicaltreatment.Thisismainlybecauseofadvantageslikelesspain,reducedscarring,andthefastestrecovery.Moreover,thegrowingdemandfortreatmentslikeskinresurfacing,bodycontouring,andwrinkleremovalhasincreasedthedemandforminimally invasivelasersandbiopsydevices.Hence,inretrospect,technologicallyadvancedpain-free

  3. treatmentsareexpectedtocreatemultipleopportunitiesforthedermatologydevicesmarkettreatmentsareexpectedtocreatemultipleopportunitiesforthedermatologydevicesmarket globally. FAQs: Q1)Whatregionsleadinthedermatologydevicesmarket? NorthAmericaleadsinthedermatologydevicesmarket,attainingrevenueworth$5200.51millionin2022. Q2)Whatmajortrendsshapethedermatologydevicesmarket? Advancementsindevelopingdermatologydevices,growingskindiseases,andrisingpreferenceforcosmeticproceduresshapethedermatologydevicesmarket.

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