U.S. Dermatology Devices Market Size & Outlook, 2023-2030
U.S. dermatology devices market, 2018-2030 (US$M)
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U.S. dermatology devices market highlights
- The U.S. dermatology devices market generated a revenue of USD 5,770.4 million in 2023 and is expected to reach USD 12,735.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12% 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 5,770.4 million |
| Market revenue in 2030 | USD 12,735.6 million |
| Growth rate | 12% (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, U.S. accounted for 37.7% 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 North America, U.S. dermatology devices market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,951.2 million by 2030.
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Dermatology Devices Market Scope
Dermatology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 79.46% in 2023. Horizon Databook has segmented the U.S. dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the overall North American dermatology devices market in terms of revenue share in 2020. Increase in usage of dermatology devices for the treatment of skin cancer and other skin diseases is one of the key factors contributing to the country’s dominance.
American Academy of Dermatology estimated that around, 106,110 new cases of invasive melanoma cases is anticipated to be diagnosed in 2021 in the U.S. Rising prevalence of skin diseases, such as psoriasis, eczema, vitiligo, and acne, is also expected to boost the market.
According to National Psoriasis Foundation 2019 statistics, around 7.5 million people are suffering from psoriasis in the U.S. Annual cost for the treatment of skin cancer is around USD 8.1 billion (USD 4.8 billion for non-melanoma cancers and USD 3.3 billion for melanoma).
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Target buyers of U.S. 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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. dermatology devices market size, by product, 2018-2030 (US$M)
U.S. Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)
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