Over the course of the forecast period, the market for dermatological devices is expected to rise at a compound annual growth rate (CAGR) of 11.9% from its estimated value of over USD 12.5 billion in 2021.

By 2023, it is anticipated to resume its typical growth path. People of all ages are currently becoming more concerned with enhancing their aesthetic appeal, which will promote market growth. Complete skin renewal enhances a person's aesthetic appeal. Technology-advanced tools are increasingly being used instead of conventional ones, which helps with improved skin disease diagnosis and treatment as well as beauty enhancement.

 The emergence of non-invasive, cutting-edge laser therapy has so increased demand for dermatology equipment.

A major portion of the market, more than 54%, was accounted for by the hospitals sector in 2021 due to the widespread use of cutting-edge dermatology equipment in hospital settings. Numerous visits are made to these facilities for the diagnosis and treatment of skin diseases as a result of the availability of a variety of treatment choices, which in turn supports the segment's expansion. The end-user category for clinics is anticipated to experience the fastest CAGR between 2022 and 2030. Dermatology clinics are cosmetic and medical institutions that focus on the diagnosis and treatment of skin disorders. In dermatology clinics, both surgical and nonsurgical services are offered by certified plastic surgeons.