Israel Dermatology Devices Market Size & Outlook
Israel dermatology devices market, 2018-2030 (US$M)
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Israel dermatology devices market highlights
- The Israel dermatology devices market generated a revenue of USD 48.0 million in 2023 and is expected to reach USD 83.3 million by 2030.
- The Israel market is expected to grow at a CAGR of 8.2% 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 48.0 million |
| Market revenue in 2030 | USD 83.3 million |
| Growth rate | 8.2% (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, Israel accounted for 0.3% 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 Middle East & Africa, South Africa dermatology devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 303.9 million by 2030.
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Dermatology Devices Market Scope
Dermatology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Israel 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 80.21% in 2023. Horizon Databook has segmented the Israel dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.
Israel is known for rapid adoption of new technologies, which encourages many players to enter the market with novel products. The country provides universal coverage to citizens and permanent residents as a part of its national health insurance law.
Its innovation ecosystem is also one of the most successful in the world. The country ranked fifth in the Bloomberg Innovation Index globally with respect to initiatives in R&D, technology education, patents, and other technological prowess.
However, the economic disparity in the country is high; it has one of the highest poverty rates among developed economies. Around two million individuals in the country live in poverty, and this number increased from 19.4% of the population in 2017 to 20.4% in 2018. This can impede market growth, as people might resist opting for dermatology consultation.
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Target buyers of Israel 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 Israel dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into Israel dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Israel dermatology devices market size, by product, 2018-2030 (US$M)
Israel Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)
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