Australia Dermatology Devices Market Size & Outlook
Australia dermatology devices market, 2018-2030 (US$M)
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Australia dermatology devices market highlights
- The Australia dermatology devices market generated a revenue of USD 124.4 million in 2023 and is expected to reach USD 294.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
- In terms of segment, treatment devices was the largest revenue generating product in 2023.
- Treatment devices is the most lucrative product segment registering the fastest growth during the forecast period.
Dermatology devices market data book summary
| Market revenue in 2023 | USD 124.4 million |
| Market revenue in 2030 | USD 294.8 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | Treatment devices |
| Fastest growing segment | Treatment devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic devices, Treatment devices |
| Key market players worldwide | Fosun International Ltd, Bausch Health Companies Inc, Cutera Inc, Ambicare Health |
Other key industry trends
- In terms of revenue, Australia accounted for 0.8% of the global dermatology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan dermatology devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,673.3 million by 2030.
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Dermatology Devices Market Scope
Dermatology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia dermatology devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dermatology devices market will help companies and investors design strategic landscapes.
Treatment devices was the largest segment with a revenue share of 79.9% in 2023. Horizon Databook has segmented the Australia dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.
Key drivers boosting market growth are increase in aging population, high disposable income & awareness about self-care, and rise in adoption of noninvasive dermatology treatments. Key cosmetic procedures commonly undertaken in the country are liposuction, antiwrinkle injections, fillers, laser, and intense pulse light, according to the Cosmetic Physicians College Australasia (CPCA).
Dermatology devices market in Australia is anticipated to show consistent growth during the forecast period. As of 2019, there were over 462 plastic surgeons in the country working in compliance with the Aesthetics Practitioners Advisory Network (APAN).
Thus, there is a high demand for noninvasive dermatology and esthetic treatments, meeting which can boost dermatology devices market. Furthermore, Australia is among the top 10 countries with respect to expenditure on cosmetic procedures, which might indicate high adoption of advanced dermatology devices.
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Our clientele includes a mix of dermatology devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into Australia dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia dermatology devices market size, by product, 2018-2030 (US$M)
Australia Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)
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