Market Analysis - Dermatologists 2018
Market Analysis Report for Dermatology
Skin disease is not a leading cause of mortality it is not usually thought of as a major health issue in developing countries. However, it is extremely common; up to 21-87% of the population may be affected by some type of skin problem, depending on the locale. It also contributes to significant physical and psychological disabilities. These disabilities have been measured by a number of life quality measures but the importance of skin health is often underestimated because of the chronic, non-life threatening nature of most skin diseases. Disfigurement and discomfort associated with skin problems make them among the main reasons people seek medical care, and are the cause of approximately 24% of primary care visits..
According to the American Cancer Society there are more than 2 million annual cases of basal and squamous cell skin cancer in the U.S. The occurrence of melanoma the most dangerous form of skin cancer, has increased from 47,700 diagnoses in 2000 to 75,000 in 2009. While demand for cosmetic dermatology decreased during the recession, the economic recovery combined with an aging population is driving a resurgence of demand for cosmetic procedures.
The global dermatology diagnostic devices market is expected to progress at a CAGR of 6.90% between 2015 and 2021. It was recorded at US$0.6 bn in 2014 and is expected to reach US$1.0 bn by 2023. The global dermatology therapeutics market, on the other hand, is expected to show a lower and slightly more skewered growth pattern. It is expected to progress at the CAGRs of 1.90% and 1.60% within the forecast periods of 2013 to 2018 and 2018 to 2023 respectively. This market shows a greater net worth, however, as it was already recorded at US$17.50 bn in 2014 and is expected to reach US$20.10 bn by the end of 2023.
Skin Care Products: Compared with sales of other product segments skin care products have experienced the fastest growth in recent years. Competition in this market is fierce with prices and target customers varying significantly. The market segment for middle grade products is increasing. Domestic products are more price competitive than imported ones. However, the attraction for higher quality, name brand products is solid. Facial products especially designed for Asian skin are well received by Chinese consumers. Creams and lotions have the largest sales volumes followed by facial wash creams creams. Additionally, anti-aging products extensively become prevalent for those looking to stay youthful
Global Cosmetic Market
Why Moscow, Russia: Moscow is the capital and most crowded city of Russia, with 13.2 million occupants inside as far as possible and 17.1 million inside the urban region. Moscow has the status of a Russian government city. Moscow is a noteworthy political, financial, social, and logical focus of Russia and Eastern Europe, and in addition the biggest city totally on the European landmass. By more extensive definitions Moscow is among the world's biggest urban communities, being the 14th biggest metro region, the 18th biggest agglomeration, the 15th biggest urban range, and the 18th biggest by populace inside city limits around the world. As indicated by Forbes 2013, Moscow has been positioned as the 9th most costly city on the planet by Mercer and has one of the world's biggest urban economies, being positioned as an alpha worldwide city as per the Globalization and World Cities Research Network, and is likewise one of the quickest developing visitor goals on the planet as indicated by the MasterCard Global Destination Cities Index.
Tourist Attraction: Moscow is situated on the Moskva River in the Central Federal District of European Russia, making it Europe's most populated inland city. The city is well known for its architecture, particularly its historic buildings such as Saint Basil's Cathedral, multicolour domes top this 16th-century former cathedral that now contains a museum of the church. Other tourist attractions include Moscow Kremlin, a medieval city-fortress that is today the residence for work of the President of Russia. Gorky Park, a park with 1700s garden, boules cafe, open-air movie theater, contemporary art & winter ice rink. . Tretyakov Gallery, an art museum featuring 21st-century Russian works, including avant-garde & Socialist Realism exhibits. Bolshoi Theatre, lavish neoclassical repertory theater housing Russia's world-famous Bolshoi Ballet & Bolshoi Opera. Tsaritsyno Park, huge, lavish 18th-century royal palace with formal gardens, plus museum of fine arts & antiquities. Moskvarium, killer whale and musical theatre. Museum of the Great Patriotic War, set in Victory Park, a huge museum dedicated to Russia's role in WWII, with dioramas & memorabilia. Garage Museum of Contemporary Art, cultural center used for contemporary art exhibitions & research on Russian & international culture. Alexander Garden, park with lawns, summer blooms & several monuments including one to Marshal Georgy Zhukov. Novospassky Monastery, orthodox place of worship & former home church of the Romanovs, Russia's last Imperial family.
- Aesthetic and Cosmetic Dermatology
- Dermatological Diseases
- Surgical Dermatology
- Dermatological Oncology
- Dermatology: Therapies and Advances
- Hair and Nails
- Alternative Medicine Solutions
- Clinical and Medical Dermatology
- Pediatric Dermatology
- Hair transplantation
Major Dermatology Associations and societies around the Globe:
Top Dermatology Universities around the Globe:
- University of Pennsylvania
- University of California
- Newyork University
- University of Michigan Medical School
- Emory University
- Columbia University
- Thomas Jefferson University
- University of Pittsburgh
- Johns Hopkins Medical Institutions
- Harvard University
- Stanford University
- University of California, Berkeley
- University of Chicago
- Yale University
- University of California, Los Angeles (UCLA)
- Duke University
- University of Washington
- University of California, Santa Barbara
- Washington University in St Louis
- University of Minnesota
Glance at Dermatology Industry: The Dermatology industry has increasingly expanded into cosmetic dermatology, with more dermatologists offering anti-aging procedures such as dermabrasion, laser treatments and Botox. These treatments have proven to be a high-growth sector for the industry and have contributed to the industry's consistently high profit margins. During the next five years, industry revenue is expected to grow. Steadily falling unemployment and the continued implementation of healthcare reform will yield greater insurance coverage for Americans, increasing demand for dermatologist offices. The baby boomer generation especially will generate a large portion of demand, particularly for skin cancer screenings and anti-aging procedures.
Market Growth of Dermatology Research in the last and upcoming ten years: