India Dermatology Devices Market Size & Outlook, 2023-2030
India dermatology devices market, 2018-2030 (US$M)
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India dermatology devices market highlights
- The India dermatology devices market generated a revenue of USD 615.2 million in 2023 and is expected to reach USD 1,673.3 million by 2030.
- The India market is expected to grow at a CAGR of 15.4% 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 615.2 million |
| Market revenue in 2030 | USD 1,673.3 million |
| Growth rate | 15.4% (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, India accounted for 4.0% 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 |
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India 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 80.33% in 2023. Horizon Databook has segmented the India dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.
India is anticipated to witness lucrative growth over the forecast period due to rising awareness of advanced dermatology devices in this region. According to ISAPS, in 2019, around 48,480 hair removal and around 80,304 facial rejuvenation procedures had been performed in 2016 in the country.
In addition, increase in awareness regarding skin diseases including vitiligo and psoriasis, increase in disposable income, and improved healthcare infrastructure are some of the factors boosting the market in India.
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Target buyers of India dermatology devices market databook
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Our clientele includes a mix of dermatology devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into India dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India dermatology devices market size, by product, 2018-2030 (US$M)
India Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)
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