Skin Care Renaissance: Dermatology Devices By 2022 to 2032
August 25, 2023 ⚊ 1 Min read ⚊ Views 73 ⚊ HEALTH
The Dermatology Devices Market was valued at US$ 4.6 billion in 2021 and is anticipated to reach US$ 9.3 billion by the end of 2032, growing at a CAGR of 6.5%. According to a recent study by Future Market Insights, Laser will rule its product category in 2021 with a market share of around 46.1%.
Many medical service providers, including hospitals, doctor’s offices, dermatology clinics, and academic research institutions, use dermatology devices to monitor the rising prevalence of skin conditions. Also, there is rising knowledge about cosmetic operations. On the other hand, the healthcare infrastructure in developing nations is notably growing.
Also, the UN Population Division projects that by 2050, there will be 2.1 billion people who are elderly. In other words, by 2050, 22% of the world’s population would be 60 or older.
