Singapore Dermatology Devices Market Size, Share, and COVID-19 Impact Analysis, By Product (Diagnostic Devices and Treatment Devices), By End Use (Hospitals and Clinics), and Singapore Dermatology Devices Market Insights, Industry Trend, Forecasts to 2035

Singapore Dermatology Devices Market Insights Forecasts to 2035

• The Singapore Dermatology Devices Market Size Was Estimated at USD 101.8 Million in 2024
• The Singapore Dermatology Devices Market Size is Expected to Grow at a CAGR of Around 12.97% from 2025 to 2035
• The Singapore Dermatology Devices Market Size is Expected to Reach USD 389.2 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, The Singapore Dermatology Devices Market Size is Anticipated to Reach USD 389.2 Million by 2035, Growing at a CAGR of 12.97% from 2025 to 2035. The Singapore dermatology devices market is driven by rising prevalence of skin conditions, increasing aesthetic and cosmetic procedures, growing consumer awareness of skin health, and higher demand for advanced, minimally invasive treatments. Additionally, technological advancements and higher healthcare spending support market growth.

Market Overview

The Singapore Dermatology Devices Market Size refers to the development, distribution, and usage of advanced medical or aesthetic devices. These devices are used for the diagnosis, treatment, or management of various dermatology conditions related to the skin, hair, or nails. These products have found various uses in medical dermatology, which may involve conditions like acne, psoriasis, eczema, skin cancer, or vascular or pigmentary disorders. Others may involve aesthetic or cosmetic procedures related to skin resurfacing, wrinkles, hair removal, scars, skin tightening, or body contouring.

The Singapore Dermatology Devices Market Size in Singapore is largely driven by healthcare needs and lifestyle patterns in the country. Conditions like eczema, acne, psoriasis, and pigmentation disorders are prevalent in a vast number of people, and studies have found that eczema is found in 20%+ of children and in over 10% of adults. Moreover, an aging population in Singapore, high exposure to pollution in cities like Singapore, and growing concern for looks and wellness also boost the demand for sophisticated dermatology solutions in healthcare. All these points towards the need for 'non-invasive' dermatology devices like lasers and radiofrequency devices.

Moving on, the future prospects in the Singapore Dermatology Devices Market Size seem extremely promising with the growing per capita disposable income, the popularity of medical tourism in the country, and a rapid adoption of technology in general. Also, the Singapore government has been actively promoting the development of the medical technology sector in the country through its effective regulation and innovative initiatives. With the announcement of the Research, Innovation, and Enterprise (RIE2025) plan, the Singapore government has allocated approximately S$25 billion in total to help with the respective research and development in the health and overall medical technology sector, including the domain of dermatology devices in an overall, indirect manner.

Report Coverage

This research report categorizes the market for the Singapore Dermatology Devices Market Size based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Singapore dermatology devices market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Singapore dermatology devices market.

Driving Factors

The Singapore Dermatology Devices Market Size is driven by an increase in the incidence of skin diseases, a growing demand for aesthetic and cosmetic treatments, and growing knowledge about skin and its appearance. Furthermore, advancements in MIV devices, high disposable incomes, medical tourism, and a well-developed infrastructure are other factors supporting growth in this market.

Restraining Factors

The Singapore Dermatology Devices Market Size is restrained by the costly nature of the devices as well as the services they offer. Moreover, the government also has strict regulations. The market requires the services of trained personnel to handle the sophisticated devices. Further, the market is also held back by the lack of adequate reimbursement rates from the government concerning aesthetic services, and competition among the clinics is strong

Market Segmentation

The Singapore Dermatology Devices Market share is classified into product and end use.

• The treatment devices segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Singapore Dermatology Devices Market Size is segmented by product type into diagnostic devices and treatment devices. Among these, the treatment devices segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The treatment devices segment is growing because there is strong demand for minimally invasive aesthetic and therapeutic procedures, such as laser treatments, skin rejuvenation, acne and scar removal, and hair removal. Advanced technologies, quicker recovery times, and high consumer preference for effective in-clinic treatments are driving adoption in Singapore.

• The hospitals segment dominated the market in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The Singapore Dermatology Devices Market Size is segmented by end use into hospitals and clinics. Among these, the hospitals segment dominated the market in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. The hospital segment is growing because hospitals have advanced infrastructure, access to skilled dermatologists, and the ability to handle complex skin conditions using high-end dermatology devices. Higher patient trust, integrated diagnostic and treatment facilities, and the adoption of advanced technologies support strong growth in hospitals.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Singapore Dermatology Devices Market Size , along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Alma Lasers
• Candela Corporation
• Cutera Inc.
• Lumenis Be Ltd.
• Bausch Health Companies Inc. (Solta Medical)
• Allergan (AbbVie)
• Merz Pharma
• FotoFinder Systems GmbH
• Leica Microsystems
• Sinclair Pharma
• Maruho Co., Ltd.
• VIDIVICY Pte Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments:

• In November 2024, Singapore sees the launch of the Telosin X at-home red light skincare device at The Mineral Boutique, offering advanced collagen-stimulating technology for anti-aging, skin elasticity improvement, and fine line reduction.

Market Segment

This study forecasts revenue at the Singapore, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Singapore Dermatology Devices Market Size based on the below-mentioned segments:

Singapore Dermatology Devices Market, By Product

• Diagnostic Devices
• Treatment Devices

Singapore Dermatology Devices Market, By End Use

• Hospitals
• Clinics