Europe Dermatology Devices Market Forecast 2022-2030
KEY FINDINGS
The Europe dermatology devices market is set to increase with a 12.65% CAGR between the forecast period, 2022-2030. The rising awareness about advanced and minimally invasive equipment, the growing geriatric and obese population, and rising obesity among people are propelling market growth.
MARKET INSIGHTS
The Europe dermatology devices market growth evaluation includes the study of Nordic Countries, Germany, Italy, United Kingdom, Netherlands, Spain, France, and Rest of Europe. As per the International Society of Aesthetic Plastic Surgery, about 0.32 million surgical procedures, including eyelid surgery, facelift, facial bone contouring, breast augmentation and others, were performed in France in 2019. Also, over 0.4 million non-surgical procedures, such as hair removal, chemical peel, photorejuvenation, etc., were performed in France. The growing preference for minimally invasive procedures and increasing beauty consciousness are expected to drive market growth in France.
Furthermore, breast augmentation is one of the most performed in Italy. The increasing prevalence of surgical and non-surgical procedures is expected to drive market growth in the country. Moreover, people’s growing concerns about appearance are also expected to boost the market growth. Furthermore, the technological advancements in dermatology equipment are expected to drive the adoption of minimally invasive devices, driving the market growth in Italy over the forecast period.
As per a report by the Global Obesity Observatory, in Spain, 16% of adults were obese. Also, according to World Bank data, about 20% of the country’s total population was aged 65 years and above in the same years. The growing obese and geriatric population is expected to drive the demand for skin resurfacing, skin rejuvenation, fillers and other dermatology devices, adding to the market growth.
COMPETITIVE INSIGHTS
Major companies in the market are HEINE Optotechnik GmbH & Co KG, Medical Aesthetic Group, Lustre Skin Ltd, etc.
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• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
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• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
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• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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