Towards Healthcare

Dermatology Market Size, Shares, Challenges and Opportunities

Based on market forecasts, the dermatology sector will expand from USD 1.41 billion in 2024 to USD 2.75 billion by 2034, experiencing a CAGR of 6.94%. In 2024, Asia-Pacific led the global dermatology market, while North America is set for the fastest growth. Cosmetic dermatology dominated by product type, but surgical dermatology is expected to rise. Acne led by application, with dermatitis growing the fastest. Skin clinics were the top end-users.

Insight Code: 5479 Format: PDF / PPT / Excel
Last Updated: 18 March 2025 Category: Therapeutic Area

Principal Consultant

Rohan Patil

Reviewed By

Aditi Shivarkar

The global dermatology market size is calculated at USD 1.41 billion in 2024, grew to USD 1.50 billion in 2025, and is projected to reach around USD 2.75 billion by 2034. The market is expanding at a CAGR of 6.94% between 2025 and 2034. The increasing prevalence of skin disorders and the growing demand for youthful, healthy skin drive the market.

Dermatology Market Size 2023 - 2034

Key Takeaways

  • Asia-Pacific dominated the global market in 2024.
  • North America is anticipated to grow at the fastest rate in the dermatology market during the forecast period.
  • By product type, the cosmetic dermatology segment held a dominant presence in the market in 2024.
  • By product type, the surgical dermatology segment is predicted to witness significant growth in the market over the forecast period.
  • By application, the acne segment held the largest share of the market in 2024.
  • By application, the dermatitis segment is anticipated to grow with the highest CAGR in the market during the studied years.
  • By end-use, the skin clinics segment led the global market in 2024.

Dermatology Market: Skin Science Revolution

Dermatology is a field of medicine dealing with the skin and the diagnosis and treatment of skin, hair, and nail disorders. Different fields of dermatology include medical, surgical, and cosmetic dermatology. Some of the common skin disorders are skin cancer, warts, skin infections, dermatitis, psoriasis, and acne. The various therapeutic strategies for skin disorders include cryosurgery, laser therapy, photodynamic therapy, phototherapy, radiation therapy, and vitiligo surgery. The type of treatment depends on the type of skin disorder. Apart from treating skin disorders, a dermatologist may also improve the aesthetics of the skin using several natural and chemical agents.

The increasing incidences and prevalence of skin disorders boost the market. Around 30-70% of the total global population is estimated to have skin disorders. The growing demand for aesthetic appearance encourages people to care for their skin. Favorable government policies and increasing investments create awareness about youthful skin appearance, boosting the market. The burgeoning healthcare and cosmetic sectors contribute to market growth. The rising geriatric population also favors the market as they are more prone to skin disorders and aging. Technological advancements drive the latest innovations in dermatology treatment procedures.

  • In January 2025, Gilead Sciences, Inc. announced a strategic partnership with LEO Pharma to accelerate the development and commercialization of LEO’s small molecule oral STAT6 programs. The LEO Pharma will have the option to co-commercialize for dermatology indications outside the U.S.
  • In November 2024, Clinikally announced a strategic collaboration with Plum to enhance Plum’s product portfolio by integrating Clinikally’s specialized dermatological care. The collaboration was made to make high-quality skin, hair, and nutrition services easily accessible to employees across India.
  • Almirall, Inc. is a global pharmaceutical company dedicated to medical dermatology. The full-year 2024 revenue was €985.7 million, a 10.2% year-on-year increase. The company’s growth was driven by the strong performance of the European Dermatology business, accounting for the total sales of €484.1 million, especially biologics.

How Can AI Revolutionize the Dermatology Market?

Artificial intelligence (AI) can revolutionize the dermatology field, introducing automation in every aspect of skincare. AI plays a vital role in improving the sensitivity and accuracy of screening for skin disorders. It can lead to the development of novel and more advanced products for diagnosing and treating skin disorders. It can be used in patient identification, risk prediction, disease subtype classification, and disease progression. It can also reduce manual errors in diagnosing skin conditions, enhancing accuracy. It streamlines the research process, enhancing efficiency and precision. AI and machine learning (ML) tools enable healthcare professionals to determine the treatment response of novel therapeutics on patients. AI-enabled robotics have been found to transform dermatological surgeries, minimizing human intervention and increasing speed. Hence, AI presents immense potential in dermatology in the future; however, it is still in its infancy.

Market Dynamics

Driver

Increasing Awareness

The major growth factor of the dermatology market is the increasing awareness about healthy skin. Most people desire a youthful, healthy appearance to maintain and improve their skin quality. The availability of affordable skincare products also increases awareness about healthy skin. Several government and private institutions conduct conferences and workshops to promote early diagnosis and treatment of skin disorders. The U.S. government organizes “National Healthy Skin Month” in November every year to emphasize the importance of good skincare and share tips for healthier skin, hair, and nails. The rising adoption of smartphones and the increasing use of social media also increase awareness about healthy skin and the best ways to maintain it. The rising disposable income makes people more willing to invest in products that promote healthy, radiant skin.

Restraint

Lack of Access to Rural Areas

The major challenge faced by the market is the lack of treatment access in rural areas. People living in rural areas, as well as low- and middle-income countries, do not receive advanced treatment due to unaffordability and lack of trained professionals. This disparity leads to delayed diagnoses and treatment of skin disorders, restricting market growth.

Opportunity

Latest Innovations

The future of the dermatology market is promising, driven by technological advancements. Technological advancements lead to the latest innovations in skincare routine and therapeutic procedures. The growing demand for cell and gene therapy products revolutionizes the treatment of severe skin disorders. The burgeoning genomics and proteomics research boosts the market. Ongoing research emphasizes the use of non-ultraviolet light, such as the visible spectrum and near-infrared wavelengths, to promote tissue repair. The advent of laser technology and cryosurgery delivers state-of-the-art skin treatment. Dermal fillers and CoolSculpting are other innovations driving market growth. Nanotechnology offers superior benefits to patients with skin disorders, facilitating drug delivery to the target site. It is also used in sunscreens to enhance UV protection for diverse applications.

Segmental Insights

Cosmetic Dermatology Segment Dominated

By product type, the cosmetic dermatology segment held a dominant presence in the dermatology market in 2024. Cosmetic dermatology is a field that helps patients improve their skin, hair, and nails for cosmetic purposes. The growing demand for the aesthetic appearance of skin potentiates the segment’s growth. The increasing research and development activities to develop novel skin care products also promote the segment’s growth. Several companies use natural ingredients to enhance skin appearance, reducing significant adverse effects of chemicals. The segment is also driven by the rapidly expanding cosmetic sector and increasing investments.

Surgical Dermatology Segment: Significantly Growing

By product type, the surgical dermatology segment is predicted to witness significant growth in the dermatology market over the forecast period. Surgical dermatology is a field that involves removing skin lesions and reconstructing the skin with medications or reconstructive surgery techniques. The increasing prevalence of skin disorders, pigments, and scars boost the segment’s growth. This leads to the rising number of plastic surgeries globally. According to the International Society of Aesthetic Plastic Surgery, approximately 35 million aesthetic surgeries were performed in 2023, an increase of 3.4% from the previous year. The advent of advanced technologies such as AI and robotics revolutionize the entire surgical process, reducing manual errors.

Acne Segment Held the Largest Share

By application, the acne segment held the largest share of the dermatology market in 2024. Acne is the most common skin disorder that occurs when hair follicles plug with oil and dead skin cells. Acne affects around 20.5% of the total global population, and its burden is steadily increasing in almost all countries. The availability of a wide range of treatment options, from medications to surgery, depending on the patient’s conditions, augments the segment’s growth. Technological advancements such as laser and light therapy enable patients to receive state-of-the-art treatment.

Acne Severity in the Studied Population

Dermatitis Segment: Fastest-Growing

By application, the dermatitis segment is anticipated to grow with the highest CAGR in the dermatology market during the studied years. Dermatitis is a type of skin disorder that causes inflammation, redness, itchiness, and rashes on the skin. There are different types of dermatitis, including stasis dermatitis, allergic contact dermatitis, atopic dermatitis, irritant contact dermatitis, neurodermatitis, and perioral dermatitis. Out of these, atopic dermatitis is the most common, affecting around 101.27 million adults and 102.78 million children. Dermatitis is mainly caused by an overactive immune system, infections, allergies, etc.

Skin Clinics Segment Led in 2024

By end-use, the skin clinics segment led the global dermatology market in 2024. The segmental growth is attributed to the increasing number of skin clinics and favorable infrastructure. Suitable capital investments allow skin care clinics to install specialized equipment driven by cutting-edge technologies. This provides state-of-the-art treatment to the patients. The presence of skilled professionals also promotes the segment’s growth.

Regional Insights

Growing Research and Development Activities Dominated Asia-Pacific

Asia-Pacific dominated the global dermatology market in 2024. The rising geriatric population and growing awareness about skincare routines drive the market. The growing research and development activities lead to the development of advanced dermatological products for both cosmetic and pharmaceutical purposes. Additionally, the rising adoption of advanced technologies to drive the latest innovations in treating skin disorders also augments the market. The rising awareness among the general public about young and healthy skin propels the market.

China Market Trends

The burgeoning healthcare and cosmetic sectors in China potentiate the market. The availability of suitable manufacturing infrastructure encourages foreign investors to set up their manufacturing facilities in China. The increasing geriatric population raises the demand for anti-aging formulations and better skin care products. It is estimated that by 2040, China’s geriatric population will reach 28%.

India Market Trends

The rising prevalence of skin disorders such as psoriasis and atopic dermatitis boosts the market. Around 0.44% to 2.8% of the total population of India suffer from psoriasis. The increasing number of dermatology clinics and dermatologists, owing to the growing population, supports the market. There are around 20,420 skin care clinics in India as of January 2025, an increase of 4.98% from 2023.

Technological Advancements to Promote North America

North America is anticipated to grow at the fastest rate in the dermatology market during the forecast period. Technological advancements and favorable government policies are the major growth factors of the market in North America. The other factors that contribute to market growth include the rising prevalence of skin disorders and the presence of key players. The increasing collaborations and mergers & acquisitions promote the development of novel dermatological products. Advanced healthcare infrastructure and state-of-the-art research and development facilities also promote the market.

U.S. Market Trends

The U.S. dermatology market size is to rise from at USD 514.58 million in 2024, grew to USD 552.15 million in 2025, and is expected to expand around USD 1041.01 million by 2034. The market is expanding at a CAGR of 7.3% between 2025 and 2034. The increasing prevalence of skin disorders, technological advancements, and favorable government policies drive the market.

U.S. Dermatology Market Size 2023 - 2034

Favorable government and regulatory policies govern market growth in the U.S. The Food and Drug Administration regulates the approval of dermatological products in the U.S. The National Institute of Arthritis and Musculoskeletal and Skin Diseases (NIAMS) supports dermatology research activities and provides funding. The NIAMS provided approximately $685 million in FY2024.

Canada Market Trends

Acne is the most common skin disorder in Canada. According to the Canadian Dermatology Association, 5.6 million Canadians are affected by acne, accounting for nearly 20% of the total population. Additionally, skin cancer is another major concern among Canadians. About one-third of all new cases of cancer in Canada are skin cancer. Hence, the Canadian Government formed a “Canadian Skin Patient Alliance” to improve the health and well-being of people across Canada affected by skin, hair, and nail conditions.

Presence of Key Players to Promote Europe

Europe is seen to grow at a notable rate in the dermatology market in the foreseeable future. The presence of key players and technological advancements promote the market in Europe. Key players such as Galderma, LEO Pharma, and Novartis AG hold a major share of the market in Europe. This promotes the development of novel dermatological products to cater to the unmet needs of patients. The European Medicines Agency (EMA) regulates the approval of dermatology products in Europe.

Germany Market Trends

There are around 6,300 active dermatologists in Germany working in 108 clinics. Favorable government policies and growing awareness positively impact the market. In Germany, skin cancer screening (SCS) is available free of charge every two years to all those with statutory health insurance (SHI) over the age of 35. Thus, favorable reimbursement policies also potentiate the market.

France Market Trends

Suitable government initiatives and policies augment the market in France. France's government is actively working to implement a range of changes to address the shortage of specialists nationwide, including dermatologists. The government is also increasing the adoption of advanced technologies, such as AI, to tackle such shortages. SkinMed performed around 2,000 skin tests, and 3,000 lesions were analyzed in France from January to August 2024.

Top Companies in the Dermatology Market

Dermatology Market Companies

  • Almirall, Inc.
  • Bausch Health
  • Clinikally
  • Cutera
  • DermaSensor
  • Galderma
  • Gilead Sciences, Inc.
  • Glenmark Pharmaceuticals
  • Integral Lifesciences
  • Johnson & Johnson
  • LEO Pharma
  • Novartis AG
  • Pfizer
  • Plum
  • Roivant Sciences
  • Tarsus Pharmaceuticals

Latest Announcement by Industry Leaders

Alok Malik, President & Business Head – India Formulations, Glenmark Pharmaceuticals, Ltd., commented that the company is continuously exploring opportunities to enhance its dermatology portfolio, addressing the diverse needs of patients. He added that their strategic investments in research and development, combined with their deep understanding of dermatological needs, enable them to bring transformative products to market and solidify their long-term leadership in the country.

Recent Developments in the Dermatology Market

  • In March 2025, researchers from the Université Côte d'Azur, France, reported positive results from their Phase 3 BRAVE-AA-PEDS study evaluating oral baricitinib for severe alopecia areata. It was found that 36 weeks of once-daily baricitinib promoted hair regrowth on the scalp, eyebrows, and eyelashes compared to placebo in adolescents.
  • In February 2025, University of Maryland School of Medicine researchers developed a novel diagnostic test for peripheral blood immunophenotyping. The researchers could identify the specific sources of inflammation triggering the novel skin disease and reverse symptoms with targeted treatments.

Segments Covered in the Report

By Product Type

  • Medical Dermatology
  • Surgical Dermatology
  • Dermatopathology
  • Pediatric Dermatology
  • Cosmetic Dermatology
  • Cutaneous Lymphoma
  • Dermatoimmunology
  • Others

By Application

  • Acne
  • Dermatitis
  • Psoriasis
  • Skin Cancer
  • Rosacea
  • Alopecia
  • Others

By End-Use

  • Skin Clinics
  • Hospitals
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

Meet the Team

Rohan Patil is a market research expert with 5+ years of experience in healthcare, specializing in market dynamics, emerging trends, and technology-driven innovations to guide data-driven decisions for healthcare organizations.

Learn more about Rohan Patil

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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Dermatology Market Size Projects to Soar $2.75 Bn by 2034
FAQ's

A person must visit a dermatologist if skin areas grow or change shape, color, itch, or bleed.

The risk factors for skin cancer include fair skin that turns red, blue or green eyes, blond or red hair, a family history of skin cancer, exposure to the sun, and sunburns.

World Health Organization, National Institute of Arthritis and Musculoskeletal and Skin Diseases, Canadian Dermatology Association.