Europe Dermatology Devices Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Treatment Device and Diagnostic Device), Application (Skin Care Diagnosis, Skin Rejuvenation, Hair Removal, Body Contouring & Skin Tightening, Psoriasis, and Others), and End User (Hospitals, Dermatology Clinics, and Others)
The Europe dermatology devices market is expected to grow from US$ 1,746.72 million in 2022 to US$ 3,220.86 million by 2028; it is estimated to grow at a CAGR of 10.7% from 2022 to 2028.
Technological Advancement in Dermatology Devices Boosts Europe Dermatology Devices Market
According to the Frontiers S.A. report, dermatology is an independent clinical secondary discipline. With the emerging digital technology, remote transmission technology, and internet technology, procedures using dermatology devices have become the most accessible discipline to integrate with innovative technologies and establish clinical applications. Top companies are developing technology-based devices intended for dermatology applications. For instance, in July 2021, Cytrellis company's Microcoring technology-based product, Ellacor, is a new category of device that removes ~8% of the targeted skin surface at once with small skin cores where stitches are not required.
Additionally, Sofwave utilizes ultrasound energy-based products. For example, Sofwave's Ultratherapy Device is the best fit, capable of detecting skin lesions at a 3-4.5mm depth. For some people with thicker or heavier skin, a more profoundly penetrating beam is preferred. Ultratherapy Device is best for detecting medium thickness or thicker skin that is focal (in certain areas) where the underlying tissue is not as much of an issue.
The cosmetic & plastic surgery industry has achieved significant attention in the market. The procedures have become accessible and feasible through technological advancement. Computer-assisted imaging is one of the most prominent advancements as it assists surgeons in identifying the exact specification of skin disorders and offers high-quality results. Moreover, in the plastic surgery industry, the development of micro-devices enables surgeons to conduct microsurgery consisting of tiny incisions and scarring, making it a popular option for many patients. Such innovative technology-based products are safe and provide accurate results. Therefore, technological advancements in dermatology devices are responsible for the growth of the Europe dermatology devices market .
Market Overview
The Europe dermatology devices market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Countries such as Germany and the UK are expected to be the largest contributor to the dermatology devices market due to the introduction and rapid adoption of technologically advanced products, growing product approvals, and rising government initiatives & funding. Germany is considered among the fastest-growing country in the region in the dermatology devices market due to the rising incidence of skin disorders, technological advancement, and product launches. Furthermore, a surge in the prevalence of chronic inflammatory skin diseases in the general working population and a high need for dermatological treatment are a few of the major driving factors promoting the growth of the dermatology devices market in Germany during the forecast year.
Europe Dermatology Devices Market Revenue and Forecast to 2028 (US$ Million)
Europe Dermatology Devices Market Segmentation
The Europe dermatology devices market is segmented on the basis of product type, application, end user, and country. Based on product type, the Europe dermatology devices market is bifurcated into treatment device and diagnostic device. The treatment device segment held a larger share of the market in 2022.
Based on application, the Europe dermatology devices market is segmented into skin cancer diagnosis, skin rejuvenation, hair removal, body contouring & skin tightening, psoriasis, and others. The skin cancer diagnosis segment held the largest share of the market in 2022.
Based on end user, the Europe dermatology devices market is segmented into hospitals, dermatology clinics, and others. The hospitals segment held the largest share of the market in 2022.
Based on country, the Europe dermatology devices market is segmented into France, Germany, Italy, the UK, Spain, and the Rest of Europe. Germany dominated the market in 2022.
Alma Lasers, Candela Corporation, Cutera Inc., El.En. S.p.A., FotoFinder Systems GmbH, Leica Microsystems, and Lumenis are the leading companies operating in the dermatology devices market in Europe.
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