Skin Analysis Systems Market

Global Skin Analysis Systems Market Size (2023 to 2028)

The size of the worldwide skin analysis systems market is expected to showcase a CAGR of 9.04% between 2023 to 2028.

The technique of examining a patient's skin to evaluate its health is known as skin analysis. The idea is to pinpoint specific areas of a person's skin regimen that can be improved. This analysis used to be quite simple (and literally on the surface). A skin analysis system is a procedure that uses advanced imaging techniques to study changes in skin qualities, usually related to aging, intending to find preventive treatment solutions. The prevalence of skin diseases like psoriasis, melanoma, and dermatophytosis is rapidly rising. If they are not recognized or diagnosed early, they might become more serious. Moreover, these diseases can be transmitted from one person to another by infection. Therefore, skin analysis tools are utilized to diagnose these disorders early.

Imaging, pigmentation, and other analytic techniques are usually included in these systems. Various factors such as growing pollution levels, altered lifestyles, exposure to the environment, and variables such as UV rays are severely impacting people's skin health all over the world. However, because of advancements in technology, we can now do an examination that allows professionals to examine the skin's condition beneath the surface. A skin analysis machine's goal is to use photo technology to find changes that may be made to a skin routine.

Impact of COVID-19 on the global skin analysis systems market:

The Coronavirus is a pandemic causing havoc on virtually every business, and the beauty industry is no exception. However, when the world recovers and countries begin to reopen after months of closure, the fear of a second wave will always be present in your customers' minds. The healthcare crisis has had a significant impact on the business of the sector. Increased government and business support may help in the fight against this highly infectious disease. People must be triaged during the COVID-19 crisis to avoid unnecessary admissions due to minor trauma and other diseases. There is also a need to avoid sending patients to the hospital for routine check-ups and minor ailments as much as feasible. Despite the necessity to postpone non-urgent consultations and surgical procedures until the situation improves, the hospital must ensure the quality of care provided to patients. Because most skin operations/check-ups are considered non-essential, the market development has been severely impacted.

MARKET DRIVERS:

An increase in the geriatric population is a significant factor driving the global skin analysis systems market expansion. The increased number of aged persons has driven demand for these devices to identify various illnesses, as aging skin is more prone to dermal ailments such as skin cancer and invasive melanoma. Furthermore, technological advances such as the introduction of small-format devices and simple-to-use apps are enhancing their attractiveness. The demand for skin analysis products, on the other hand, is increasing as people become more aware of their appearance. People of all ages are continuously concerned with their image refinement in the current situation. As a result, complete skin rejuvenation treatments are becoming increasingly popular. There has been a subtle shift away from traditional items in favor of technologically advanced equipment that aids in the detection and treatment of various skin problems and improves one's cosmetic appeal. Artificial intelligence's application in skincare and skin imaging fosters technical improvement, assisting the market growth for skin analysis systems.

Over the forecast period, the introduction of advanced skin devices to erase age spots or dark stains is expected to push the market for the product. Microdermabrasion, for example, is used to improve the general tone of the skin while also reducing scars, wrinkles, and other skin issues. As people have a better awareness of these treatments, demand for dermatology services will increase, and dermatology equipment such as imaging devices will demand. In addition, skin analysis systems are predicted to become more popular as the population ages, with over 10,000 persons diagnosed with skin cancer in the United States alone, providing a profitable opportunity for service providers.

MARKET RESTRAINTS:

However, the global skin analysis systems market is forecasted to be restricted by strict product approval rules and a rise in customer demand for low-cost items. Therefore, unawareness about Skin analysis devices is the major challenge for market growth.

REPORT COVERAGE:

This research report on the global skin analysis systems market has been segmented and sub-segmented based on product, application & region.

Skin Analysis Systems Market – By Product:

• Skin Pigmentation
• Skin Elasticity
• Skin Imaging
• Skin Condition

Due to several uses of skin imaging in detecting various skin conditions and disorders, the skin imaging segment is predicted to grow at a substantial CAGR over the forecast period. The expanding prevalence of dermatological diseases and increasing concerns about skin health are driving demand for skin imaging systems around the world. Hair loss, psoriasis, acne, pigmentation, vascular lesions, and eczema have all seen a significant increase due to changing lifestyles and rising pollution levels. In addition, skin imaging systems are in great demand due to the introduction of technically advanced non-invasive laser treatments, as skin image devices are required to assess the skin problem and assist in determining which therapy to pursue. As a result, the market for skin imaging equipment is being driven by rising demand for aesthetic operations and early skin diagnosis.

Skin Analysis Systems Market – By End-User:

• Hospitals
• Clinics
• Others

Due to the availability of many skin imaging methods and equipment in hospitals, the hospitals segment is now the most prominent. It is expected to remain so during the forecast period.

Skin Analysis Systems Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Geographically, the North American region led the global market and is likely to continue the dominating trend throughout the forecast period. A few of the significant factors driving the skin analysis systems market in North America include an increase in the frequency of skin illnesses due to an aging population and a highly advanced and developed health care infrastructure in the region. The global skin analysis systems market is being driven by an increase in the frequency of skin illnesses and an increase in people's concerns about their youthfulness. According to the US Department of Health and Human Services, more than 3.8 million people in the United States are diagnosed with skin cancer each year.

Europe is a technologically advanced region with a primarily import-dependent economy. Imaging systems and other medical devices are imported into the region from various international markets. However, internationally recognized skin image system manufacturers in Europe are projected to propel the European skin analysis system market forward. People in Europe are increasingly conscious of their body and skin health, resulting in a growing demand for skin image systems across the continent, particularly in Germany, the United Kingdom, and other wealthy countries.

KEY MARKET PARTICIPANTS:

Bio-Therapeutic Inc., Callegari Srl, Visiomed Group SA, DermoScan GmbH, CYNOSURE, Cortex Technology, AGFA Healthcare, Dermalumics, Canfield Scientific, Inc., Davi & Cia, DJM Medical Instrument GmbH, and BOMTECH ELECTRONICS CO., Ltd. are a few of the noteworthy companies operating in the global skin analysis systems market.

RECENT HAPPENINGS IN THIS MARKET:

• Incyte Corporation announced in April 2021 that two analyses of their randomized, dose-ranging, vehicle-controlled Phase 2 research testing ruxolitinib cream, an experimental non-steroidal, anti-inflammatory, JAK inhibitor therapy in adult patients with vitiligo, had yielded favorable results.
• Researchers from the MIT Media Lab determined in August 2018 that the accuracy of the face for people with dark skin tones is low and that it does not perform well in low light.
• Alma Lasers introduced Alma LipoLife 3G, a liposuction solution with optimum safety and proven clinical results, in September 2016. The platform offers a comprehensive, all-in-one solution for liposuction, skin tightening, and fat grafting operations.