Key Takeaways
- Global dermatology devices market size was valued at $19.1 billion in 2022 and is projected to reach $32.9 billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030.
- Global dermatology therapeutics market size was valued at $90.3 billion in 2022 and is projected to reach $170.7 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032.
- The global skincare market size was valued at $152.8 billion in 2022 and is projected to reach $331.2 billion by 2032, growing at a CAGR of 7.8% from 2023 to 2032.
- The number of people in the world affected by skin disorders is 1 billion, according to the World Health Organization.
- WHO states that skin diseases cause 300,000 deaths each year.
- WHO reports that scabies affects about 200 million people worldwide at any one time.
- In a consumer survey, 73% of respondents say they prefer skincare that is cruelty-free
- In a survey, 65% of U.S. consumers say they are willing to pay more for brands that are sustainable.
- In Mintel research, 52% of consumers say they have changed brands due to sustainability.
- The AAD states that using SPF 30 sunscreen blocks about 97% of UVB rays.
- The AAD states that using SPF 15 sunscreen blocks about 93% of UVB rays.
- The AAD states that using SPF 50 sunscreen blocks about 98% of UVB rays.
Dermatological skincare is surging, driven by huge disease burden and rapid growth.
Market Size & Growth
Market Size & Growth Interpretation
Disease Burden & Prevalence
Disease Burden & Prevalence Interpretation
Consumer Behavior & Adoption
Consumer Behavior & Adoption Interpretation
Product Formulation & Efficacy
Product Formulation & Efficacy Interpretation
References
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