Canada Dermatology Devices Market Size & Outlook

The dermatology devices market in Canada is expected to reach a projected revenue of US$ 1,951.2 million by 2030. A compound annual growth rate of 13.6% is expected of Canada dermatology devices market from 2024 to 2030.

Revenue, 2023 (US$M)
$800.7
Forecast, 2030 (US$M)
$1,951.2
CAGR, 2024 - 2030
13.6%
Report Coverage
Canada

Canada dermatology devices market, 2018-2030 (US$M)

Canada

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Canada dermatology devices market highlights

  • The Canada dermatology devices market generated a revenue of USD 800.7 million in 2023 and is expected to reach USD 1,951.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
  • In terms of segment, treatment devices was the largest revenue generating product in 2023.
  • Treatment devices is the most lucrative product segment registering the fastest growth during the forecast period.


Dermatology devices market data book summary

Market revenue in 2023USD 800.7 million
Market revenue in 2030USD 1,951.2 million
Growth rate13.6% (CAGR from 2023 to 2030)
Largest segmentTreatment devices
Fastest growing segmentTreatment devices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostic devices, Treatment devices
Key market players worldwideFosun International Ltd, Bausch Health Companies Inc, Cutera Inc, Ambicare Health


Other key industry trends

  • In terms of revenue, Canada accounted for 5.2% of the global dermatology devices market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. dermatology devices market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,951.2 million by 2030.

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Dermatology Devices Market Companies

Name Profile # Employees HQ Website

Canada dermatology devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dermatology devices market will help companies and investors design strategic landscapes.


Treatment devices was the largest segment with a revenue share of 80.2% in 2023. Horizon Databook has segmented the Canada dermatology devices market based on diagnostic devices, treatment devices covering the revenue growth of each sub-segment from 2018 to 2030.


The Canadian dermatology devices market is expected to display significant growth of 18.5% over the forecast period owing to the untapped opportunities in the field of dermatology. The Canadian Dermatology Association is promoting the treatment of acne scars with microdermabrasion, which is resulting in increased awareness among patients.

In addition, according to Canadian Skin Cancer Foundation, more than 80,000 new skin cancer cases are being diagnosed in Canada annually. Furthermore, government organizations are also promoting the research and application of advanced technologies to control cancer incidence.

For instance, in July 2017, Dalhousie University announced that the Government of Canada invested around USD 2.0 million in technology, which is expected to change the radiation therapy for cancer treatment.

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Target buyers of Canada dermatology devices market databook

  • Our clientele includes a mix of dermatology devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada dermatology devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada dermatology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada dermatology devices market size, by product, 2018-2030 (US$M)

Canada Dermatology Devices Market Outlook Share, 2023 & 2030 (US$M)

Canada dermatology devices market size, by product, 2018-2030 (US$M)

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